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PROI UNDER FEMA
RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...- PROI, NRI or OCI? How your residential status can change your tax liability, property rights and investment options in India
- What is Person Resident Outside India (PROI)? Residential status under FEMA, Income Tax Act explainedA person resident outside India (PROI) has distinct residential statuses under FEMA and the Income Tax Act, impacting foreign exchange tran...
- From tax relief to easier property sales: 5 NRI rule changesUnion Budget 2026 ushers in major changes for Non-Resident Indians. Property transactions become simpler. A one-time window allows disclosu...
- Overseas individuals can raise equity investment to 10% from current 5% through PIS in listed stocks: Budget 2026Union Budget 2026 will allow Non-Resident Indians to invest in Indian equities via the Portfolio Investment Scheme, increasing individual l...
- Union Budget 2026 Speech PDF Download: FM Nirmala Sitharaman’s full budget textUnion Budget 2026 Speech PDF: Finance Minister Nirmala Sitharaman unveiled the Union Budget 2026-27. The budget focuses on accelerating eco...
- RBI to boost rupee's internationalisation, liberalise norms for non-residentsThe Reserve Bank of India (RBI) is intensifying efforts to internationalize the Indian Rupee (INR) by making regulatory changes for non-res...
- RBI to allow opening of rupee account outside IndiaThe Reserve Bank of India (RBI) has allowed the opening of rupee accounts outside India as part of its strategic action plan to internation...
- How India's new citizenship-based tax impacts Indians living abroadIndia has amended the residency rules in the Income-tax Act and introduced citizenship-based taxation effective from April 1, 2020. The ame...
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