Most Non Resident Indians (NRIs) keep a portion of their assets in their home country, acquired as an investment or as inheritance. This allows them to keep in touch with their home land, as well as, benefit from the appreciation…
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A non-resident Indian can access earnings in India through a nonresident ordinary (NRO) account. Earnings in India could be in the form of rent, dividends, interest, pension, among other sources. An NRO account can be opened in the form of…
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Having a property in India is a wonderful thing and a great asset, as it gives you appreciation, as well as, a place to call home. However, like any asset, it requires periodic maintenance to ensure it remains of value.…
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According to the World Bank’s latest Migration and Development Brief, India has been recognised as the top recipient of remittances, with the country receiving a whopping $79 billion as remittances in 2018! However, a large chunk of this amount is…
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It is said that investing in high-end purchases on auspicious occasions like Diwali, Dhanteras, etc. will not only bring luck, but the new purchase will serve for a long period of time. So if you have been planning to buy…
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Unclaimed dividends are the dividends that have been paid by the company but have not been taken or claimed by the shareholder. The Ministry of Corporate Affairs (MCA) proactively introduced Section 125 of the Companies Act, 2017, deals with declaration…
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Owning a property in India is everyone’s wish or dream. NRIs also have started to invest their money into the properties in India as the Indian sector has a massive scope of growth in the future. The number of expatriates…
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The government has approved NRIs (Non-resident Indian) to get their own Aadhaar number after coming to India. Finance Minister Nirmala Sitharaman proposed this in Union Budget 2019, to issue Aadhaar cards to NRIs having Indian passports after they arrive in…
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A WILL is a legal document that dictates how you want your assets to be distributed after you’ve passed on. It’s a fluid document because it has no effect until you die which means you can change it whenever you…
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Over the years, Non-resident Indians (NRIs) have invested substantial sums into Indian real estate either purely from investment perspective or due to an emotional attachment to their country of origin. Either way, the Indian government sees this as an important…
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