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Individuals who are planning to work abroad or who are of Indian origin settled abroad should know their exact status.
7 Financial Tasks To Do Before You Move Abroad
Indians migrating to other countries is a common occurrence. In fact, according to a World Economic Forum report, in 2015, 15.6 million people born in India were living in outside their country of origin. It further says that the number of ...
Financial Tasks To Sort Before Moving Abroad
Now Overseas Citizens Of India Can Also Invest In NPS
On Tuesday, the Pension Fund Regulatory and Development Authority (PFRDA) issued a circular informing the addition of another category of investors to the National Pension System (NPS). Overseas Citizen of India (OCI) category of individuals will now be permitted to invest ...
Tax Laws To Follow If You Pay House Rent To An NRI Landlord
Indians who have moved abroad temporarily or permanently do not always sell-off their property before they leave. Some make strategic investments in real estate for income purposes while some rent out their inherited house. There are also foreign citizens who own ...
Tax Laws To Follow If You Pay House Rent To An Nri Landlord
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 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 ...
Nris To Be Taxed For Gifts Received From Resident Indians
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....
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 ...
Dubai Nris Contribute To Fdi In Real Estate Majorly
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 ...
Idbi Bank Now Has Instant Paperless Accounts For Nris
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 ...
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