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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Non-resident Indian property investors and buyers stand to benefit significantly from an impending tax cut that has been proposed by a panel in a bid to give the much-needed fillip to the lackluster Indian real estate sector. The possible Good…
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The number of non-resident Indians (NRI) hailing from the central districts — particularly those working in Singapore and United Arab Emirates (UAE) — buying property in their native place has been going up gradually, say real estate developers here. On…
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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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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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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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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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Yogesh sood, A NRI living in the US filed a fraud case against his brother who attempted to claim his parental property by preparing a forged will. Yogesh sood had registered a complain at NRI police station under section 420(cheating), 448(punishment…
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Commercial Property requires a lot of planning before its purchase and there is a need of a clear strategy on what you have to do. As NRIs mostly buy commercial properties with the intention of getting a steady monthly income…
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