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Individuals who are planning to work abroad or who are of Indian origin settled abroad should know their exact status.
NRIs Can Now Get Aadhaar On Arrival
In Budget 2019, Finance Minister Nirmala Sitharaman made the proposal of issuing Aadhaar cards to NRIs (Non-Resident Indians) after they arrive in the country. In line with the proposal, a notification was issued by the government last week informing that NRIs will ...
Nris Can Now Get Aadhaar On Arrival
NRIs To Be Taxed For Gifts Received From Resident Indians
Presently, gifts given as (any sum of money paid or property transferred) by a resident Indian to a non-resident is claimed as non-taxable in India as the income does not arise or accrue in India. But with the proposed amendment in ...
Key Stock Market Related Announcements In Budget 2019
To further strengthen the Indian stock markets that touched all-time highs this year, Finance Minister Nirmala Sitharaman in her first budget speech on Friday announced a number of proposals for greater participation....
Key Stock Market Related Announcements In Budget
Dubai NRIs Contribute To FDI In Real Estate Majorly
India is likely to see a surge in FDI in the real estate after there has been allowed 100% FDI in construction development and also now is there in place REITs for commercial properties. And this is true especially of NRI ...
IDBI Bank Now Has Instant Paperless Accounts For NRIs
Non-Resident Indians (NRIs) living in nearly 40 countries can now open accounts with IDBI Bank without the need to submit any physical documents. IDBI Bank on 16 April launched 'NRI-Insta-Online' account opening process for NRIs residing in Financial Action Task Force ...
Should NRIs Invest In Insurance Policies In India?
If you are an NRI (Non-Resident Indian) working or residing in a foreign country, you may have contemplated investment options that India has to offer. Before making an investment of any kind, it is always ideal to understand one's needs, financial ...
Should Nris Invest In Insurance Policies In India
NRIs Need To Reveal More Info In New ITR Forms For Tax Relief
In order to avail tax relief under the double taxation avoidance agreement, expats or non-resident Indians (NRI) have to reveal more than before. The latest income return (ITR) forms require extensive disclosures like tax identification number at their country of residence, ...
Know The Limitations On Taking Loan From Relatives And Friends
The topic of discussion herein makes sense after the recent stir on a news piece that suggested that accepting personal loans would be banned under the banning of unregulated deposit schemes ordinance, 2019. And so, we will understand its likely implication ...
Here S Why Taking Loan From Relative Is Not Easy
What Happens To EPF And PPF When You Move Abroad?
Many Indians who have decided or are planning to move abroad have worked in the country at some point in time. Additionally, they would have made investments and would be unsure as to what would happen to them when they change ...
How To Open A Resident Foreign Currency (RFC) Account?
Those who have lived abroad and returned to India or are planning to move back will have earned income in a currency other than the rupee during their stay there. The funds may have been placed in foreign bank accounts and ...
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