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Features of Home loans for NRI

The main reason why Indians go abroad is in search of higher income. So when they do get their hands on the extra money, many of them want to send it back to India to be invested in some suitable asset class. With high returns in recent past, real estate has become...

NRI and ITR :TDS,Tax and Income Tax Return

Income tax rules applying to non-residents are slightly different from those for residents. The income that NRI earns abroad is not taxable in India. But if an NRI earns income in India, in the form of interest from deposits, property rent, etc then it is taxable....

NRI : Fixed Deposits, DTAA

Non Resident Indians (NRI) are allowed to invest in various investments on repatriation/non-repatriation basis.  With Reserve Bank of India(RBI) deregulating interest rates on NRO,NRE, FCNR accounts, fixed deposits(term deposits) have become a good option. In this...

Non Resident Indian – NRI

An Indian abroad popularly known as an NRI or Non-Resident Indian. This article covers the following: Who is NRI? What is the definition of NRI? Does NRI differ from Person of Indian origin (PIO), What is Remittance, Repatriation? What are the investments that NRI can...
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