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FINANCIAL OBLIGATIONS FOR NRIS
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
Funds are won or lost on operational rigour, not just deal-making: Artha Group COOAs venture capital matures beyond the era of easy money and momentum investing, operational discipline is becoming as important as deal-mak...
Gulf NRIs are dumping real estate, and betting big on India’s stock marketGCC-based NRIs are shifting investments from Indian real estate to equities and financial assets, driven by geopolitical uncertainty and a ...
US-based son gets tax notice in India over Rs 11 lakh cash deposit made on behalf of parents during demonetisation; ITAT Delhi cancels notice for this reasonA US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...
Expats staying longer in India? Here’s how residency rules can change your tax liabilityExpatriates in India for extended periods face changing tax rules. Staying longer can shift residency status, impacting tax liability on wo...
Can loans taken by my NRI relatives through PoA affect my credit score?My sister and brother-in-law are NRIs and have taken multiple home loans to invest in real estate in India. They have given me the power of...
What is NRO account and how are deposits in this account taxed, repatriated?NRO accounts are less restrictive for Indian rupee transactions compared to other types of accounts available to NRIs in India, making them...
Capital gains, TDS & tax recovery: How NRIs will be affected by India's new tax lawsThe Income Tax Bill, 2025, introduces changes affecting NRIs and foreign companies, including tax rates on dividends and interest, recovery...
Budget 2025 leaves NRIs with a more complicated financial futureThe Union Budget 2025 tightens tax regulations for NRIs, including students and professionals abroad, increasing scrutiny on foreign income...
The possible complications NRIs may face when buying a home in IndiaAs global uncertainty rises, more NRIs are looking to buy homes in India to secure a safe haven. This process involves navigating complex l...
Money Matters: An NRI's guide to renting out property in IndiaNRIs renting out properties in India must manage taxes effectively. Rental income exceeding exemption limits requires filing an ITR. Compli...
Is it a good idea for NRIs to buy insurance from India?Indian insurance policies offer NRIs flexible options like insurance-cum-investment plans, including child plans, to secure their family's ...
What is a Tax Residency Certificate & how can NRIs get theirs?NRIs earning income from multiple countries face potential double taxation issues. To address this, countries establish Double Taxation Avo...
Income tax made easy: NRIs' complete guide to income tax filingSrishti, an NRI, discovered INR 20,000 TDS on her NRO account. Does she need to pay tax in India? Is filing income tax return mandatory? Ex...
NRI re-entry roadmap: 7 smart financial tips for homecomingNavigate the best financial tips for NRI returning home for an easy transition! From savvy NRI banking strategies to seamless financial tra...
PAN-Aadhaar linking: What NRIs need to know about inoperative PANsThe impact of PAN-Aadhaar linking was primarily focused on domestic income taxpayers and did not directly apply to international taxpayers....
NRIs giving up Indian addresses to escape scrutiny by tax authoritiesIt’s a loophole in the info sharing arrangements that countries struck with each other to access data on undisclosed assets and produce evi...
RBI allows banking units in Gift City to open foreign currency accountsRBI has allowed local banking units to open foreign currency current accounts for companies and NRIs in the Gujarat based international fin...
- Auto MNCs welcome Exim policy
NEW DELHI: The new Exim policy may bring auto MNCs some news to cheer about.