Remittances to India – The basics everybody should know
A remittance or money transfer is usually related to foreign workers sending money to family in their home countries. Many Indians all over the world send money to India for reasons like supporting their parents in old age or helping a travelling friend get the...NRI and PPF account
Can an NRI open a PPF account? What if he opened a PPF account before he became NRI? What about Govt notification of NRI have to close their PPF account before maturity? The Public Provident Fund scheme is a tax saving cum investment instrument that offers decent...Demonetisation,NRI,Exchange Rs 500 and Rs 1000 Notes
It’s a common practice among NRIs to carry some amount of Indian currency with them when they leave the country, mainly for the convenience of not having to exchange forex into rupee when they return the next time. With Demonetization of 500 Rs and 1000 Rs...Rental Income and NRI: When House of NRI is on Rent
Many NRIs have given their house in India on rent. In this article , we will look at the various aspects involved with rental income when an NRI rents out a property in India. What should Person taking house on Rent from NRI do? Tax on Rental Income in India for...On Becoming NRI: What to do when you leave India to settle abroad
Indians go abroad, for a better future for self or for one’s children, better work and career opportunities, better facilities to utilise one’s skills or for the simple reason of earning big money in dollar, euro or dirham. If you packing your bags, there...Subscribe to All Our Posts
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