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OCI PROPERTY INVESTMENT
India vs US real estate: Transparency, legal protection, fraud risks, and what NRIs should consider before buying propertyIt is relatively easier to reliably buy or sell property in the United States, compared to the process in India, which can be fraught with ...
NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
I have become a foreign citizen. Can my mother make me a joint owner in her property in India?ET Wealth Reader's Query: I am a foreign citizen and an only son. My mother wants to make me the joint owner in a property that belongs to ...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
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...
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...
I sold equities with capital gains of Rs 25 lakh, can I save tax by reinvesting it in property?ET Wealth Reader's Query: I earned Rs 25 lakh in capital gains from equities and mutual funds in 2024–25 and paid the tax. Can I now revise...
I am an OCI card holder, can I become a joint owner in a land bought by my mother?ET Wealth Reader's Query: I am an Overseas Citizenship of India (OCI) card holder and understand OCI cardholders cannot buy land in India, ...
Punjabi diaspora seeks fast track courts for NRIs for quick disposal of casesThe Punjabi NRIs mainly raised issues related to property grabbing and family disputes. The Punjab government had held its first 'NRI Punja...
How NRIs are driving the rise of ‘Virtual Landlording’Investing in properties is considered to be a good idea by NRIs given they can plan to settle down in their country of origin after retirem...
NRIs, OCIs do not need RBI's prior nod to buy immovable property in India except in select cases"It is hereby clarified that the concerned Supreme Court Judgment dated February 26, 2021 in Civil Appeal 9546 of 2010 was related to provi...
Investing in India? Knock-off up to 18% Government Taxes on your purchases (old & new)While monopoly is a funny game, financial planning on the other side which targets to maximize returns & generate higher portfolio value, s...
Expert Take: All your questions about the recent OCI changes, answered.An important modification introduced by the March 2021 circular changes the reporting obligations of OCI cardholders in India. They now hav...
View: India’s investment migration market is growing, with more smart destinations to choose fromThe concept of an alternative residency as a means of hedging one’s sovereign risk is new in India. While India is an exciting destination ...
The last Winsome link vanishes, all trails in the Rs 6,800-cr scam go coldMustafa Batliwala, key aide of group founder Jatin Mehta, is feared to have left the country.
Indians overseas upset over government proposal to scrap PIO & OCI cardsA new Bill is being opposed by a large section of Indian overseas, who have been enjoying the benefits of OCI & PIO cards for many years.
Weak rupee makes real estate investments cheaper for the NRIsDepreciating rupee has positively influenced demand from NRIs for residential properties in various cities across India.
- Buying property to get easier for diaspora
People of Indian Origin (PIOs) may now buy property in India without mandatory RBI approval and a valid visa. Guide to property sale | Drea...
- NRIs favoured sons in investment
OCIs may continue to be poor cousins when compared to NRIs as the FM is against giving rights akin to NRIs.