Non Resident Indians, Nris

Beyond Borders: Why NRIs Should Consider Investing In the National Pension System (NPS)?

The National Pension System (NPS) is slowly emerging as a cornerstone of retirement planning for Indians, offering a structured approach to retirement savings with its diverse investment options and tax benefits. For non-resident Indians (NRIs), NPS serves as a bridge connecting ...

Here Is The List Of Returns And ITR Forms Applicable for Non-Resident Indians (NRIs) For AY 2023-2024

Non-Resident Individual is an individual who is not a resident of India for tax purposes. In order to determine whether an Individual is a Non-Resident or not, his residential status is required to be determined u/s 6 of the Income Tax ...

Non-Residents Allowed To Transfer Shares To Relatives Without PAN

In a major development, stock market regulator SEBI has allowed foreign nationals, NRIs and PIOs to easily transfer equity shares to immediate relatives without the need to provide Permanent Account Number or PAN. For the purpose, immediate relatives include spouse of ...

PPF For NRIs: Rules And Limitations

In October 2017, an amendment to the PPF account held by NRI was made which said "if a resident who opened an account under this scheme subsequently becomes a non-resident during the currency of the maturity period, the account shall be ...

How NRIs Can Save Tax On Investments In India?

There are many investment options that Non Resident Indians (NRIs) have in India. Most of the investment options that are opened to domestic Indians are also opened to NRIs, except a few like the National Savings Certificates, PPF and most of ...

NRIs And Foreign Nationals Now Have To Declare Details of Overseas Bank Accounts

As against the existing norm, the new section has been introduced in the Income tax return forms, ITR1 and ITR 2, which now on makes it mandatory for NRIs as well as foreign nationals to report their bank account details held ...

Best NRE Fixed Deposit Accounts To Invest For NRIs

NRE or Non-Resident External deposit accounts is a facility for NRIs wherein NRIs can invest their foreign earnings in India to realize high returns as rupee deposits. Few of the key features that make it a lucrative option for NRIs are ...

Union Budget 2017-18: Nothing New For NRIs

There was nothing new for Non Resident Indians (NRIs) in Union Budget 2017-18, unlike last year where there was some easing on TDS. Also, much of the regulations for NRIs are controlled by the Reserve Bank of India, so nothing substantial ...

Types Of Foreign Currency Accounts A Resident Indian Individual Can Open

Resident Indians can open major foreign currency accounts, depending on the need and requirement for such accounts. Let us take a look at the various types of accounts that can be opened and the quick features of the same. Exchange Earners ...

How Can An NRI Repatriate Sale Proceeds From Inherited Property?

There are many Non Resident Indians (NRIs), who work and live abroad. They also tend to inherit property, from parents and other relatives living in the country. At times, they may want to sell this property. Than a question may ...

4 Best Investment Options For NRIs Looking For High Returns

There are a large number of Non Resident Indians (NRIs) that are looking for superior returns, when it comes to investment options in India. Before investing you must understand the tax implications, including income tax and capital gains tax. Here ...

India Dedicated Funds That NRIs From US Can Invest In

Non Resident Indians (NRIs) in the US face a typical problem when it comes to investing in mutual funds in India. Most mutual funds in India, which have their head-offices in the US cannot accept money from NRIs in the US. ...

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