The Indian government on Wednesday deferred a controversial decision to make online registration mandatory for ECNR (emigration clearance not required) passport holders flying to 18 countries, including the UAE. In a public notice, India’s top emigration officer who signed the…
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The Income-Tax Appellate Tribunal (ITAT) has said NRIs do not need to reveal details of their foreign bank accounts and assets to Indian authorities. The tribunal has also ruled that the onus is on the I-T Department to prove an…
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Dematerialisation offers you flexibility along with security and convenience. Nowadays, holding share certificates in physical format carries risks like certificate forgeries, loss of important share certificates, and consequent delays in certificate transfers. Dematerialisation eliminates these hassles by allowing customers to…
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If You are a NRI and have got Real estate property in India then you have got some options for creating liquidity. Option 1: Loan against Property: If the NRI is looking for use of funds in India this option…
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NRIs are in general very tax compliant in their host countries but due to lack of knowledge or sheer inertia at times they tend to overlook the taxation aspect in India. Some of the common mistakes that they should avoid…
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New Delhi, Oct 9 (PTI) A SEBI panel may soon suggest merger of foreign portfolio investment and NRI/OCI routes to bring in a single regime for foreign investors and regulate NRI fund inflows, senior officials said. Besides, the panel may…
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An NRI vacation is not always like a day at the beach. As you plan a trip to India, there are many tasks that keep running in your head. To help you plan and organize your tasks better we made…
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What is Private Trust? A Relationship created by an individual, in which more than one person holds an individual’s property to use and protect it for the benefit of others. An individual can control the distribution of their property during…
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In India, PAN (Permanent Account Number) is a plastic card with ten character alphanumeric code combination, name of the individual, date of birth, date of establishment in case of the business, signature, and picture of the individual allotted by the…
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There is an incidence of Capital Gains or Capital Loss at the time of selling of a property. Selling of property by NRI is taxable under u/s 195 of the Income Tax Act, 1961. This post is dedicated to our…
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