Whether the real estate market remains bullish or bearish, NRIs prefer a place back in India – not just for investment returns but also to remain rooted in their country of origin. Previously, NRIs (like most other buyers and investors)…
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The interim finance minister abolished income tax on notional rent from the second self-occupied house, benefiting those with two houses but no outstanding loan on the second one. “Since most people don’t have housing loans running on their self-occupied second…
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New Delhi, Jan 3 (PTI) Markets regulator Sebi has come out with rules for merger of foreign portfolio investment (FPI) and non-resident Indian/overseas citizens of India routes to bring in a single regime for foreign investors and regulate NRI and…
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My non-resident Indian (NRI) friends want to return to India after working for 20 years in the Middle East. They are enamoured by the good life their friends and relatives seem to be living in India. They have children who…
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