Common challenges faced by NRI investors
Investing in property can be a quite a task, but it becomes all the more difficult when the buyer lives…
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Inheritance of property by Non-Resident Indians
Non-Resident Indians (NRIs) are eligible to inherit any immovable property within India, which may include farm or agricultural land. However,…
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Who are NRIs, PIOs and OCIs?
Individuals living overseas can be classified into three major categories — Non-Resident Indians (NRI), Persons of Indian Origin (PIO) and…
NRI Banking
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Touring Delhi
Hidden secrets of Delhi unveiled — Let’s embark on an enthralling tour Delhi is an absolute blend of old world charm…
India Connect
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Taxation in NRO accounts & DTAA provisions
For Aadhaar Section 2 (V) of the Aadhaar Act defines ‘Resident’ as an individual who has resided in India for…
Taxation
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INDIAN ECONOMY UPDATE- Q3-2017- 18
The minutes of RBI’s December MPC meet were released. Most of the members highlighted upward risks to the inflation trajectory,…
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Equity and Debt Market Overview (2017-18)
Executive Summary Equity Market Global market indices have scaled an all-time high given the ongoing improvement in global and EM…
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Soak In the Margazhi Festival This Winter
Chennai, as is locally joked about, has only three types of weather – hot, hotter and hottest. So, while Chennai…
India Connect
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Taxation in NRO accounts and DTAA provisions
Non-Resident Ordinary Rupee (NRO) Account is a mode used by Non-Resident Indian/ Person of Indian Origin/ Overseas Citizen of India…
Taxation
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Northeast – Music and Mountains
Nestled between the hilltops of Eastern Himalayas, the remote frontiers of the Northeast comprise a region of rugged beauty —…
India Connect
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LEH LADAKH
Nestled in the Himalayas, Ladakh boasts of a serene demeanour and spell binding landscapes. What allures tourists across the globe,…
India Connect
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EQUITY AND DEBT MARKET OVERVIEW-Q3 2017
RBI shifts from “Accommodative” to “Neutral” Gear Rates on hold, stance shifts to “neutral: The RBI continued its recent streak…
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Safe Internet Banking Tips
What Is Phishing? 'Phishing is an act of sending a fraudulent email, or creating a forged screen or pop up,…
NRI Banking
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Resident Foreign Currency - Resident Foreign Currency
Account Opening These accounts can be opened by returning NRIs/ PIOs to transfer balances held in NRE/ FCNR(B) accounts. RFC…
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Portfolio Investment Scheme (PIS)
Portfolio Investment Scheme (PIS) is a scheme of Reserve Bank of India defined in Schedule 3 of Foreign Exchange Management…
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NRO Account
NRO stands for Non Resident Ordinary Account Account Opening NRO accounts may be opened / maintained in the form of…
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NRE Account
NRE stands for Non Resident External Account Account Opening NRE accounts may be opened/ maintained in the form of savings,…
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Know Your Credit Card
Choosing and Using Credit Cards Which One is Best For Me Today you are presented with an array of credit…
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Importance of Budgeting
Every month, I find I don’t have enough money; if the month were only 20 days long, budgeting would be…
NRI Banking
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Good Habits of Personal Finance
Manage your expenses so they don't exceed your income. Spend money thinking of your future as well as your present.…
NRI Banking
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Financial Planning Tips
Assess Needs Evaluate your present financial situation. You need to decide what you WANT and what you NEED. Set Goals…
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FCNR (Foreign Currency Non Resident Account)
FCNR stands for Foreign Currency Non Resident Account (Banks) Account Opening This is a kind of fixed deposit account opened…
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Beware Of Vishing
Mr. Sharma received a call from a person claiming to be an employee of his bank, asking him for his…
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Beware Of Online Fraudsters Trying To Capture Your Personal Details
Phishing is an attempt by fraudsters to “fish” for your personal and confidential information, like User ID, Password, etc through…
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Being A Money Mule Might Be Against The Rules.
Money transfer agents, or 'money mules' as they are commonly known, are people who offer their bank accounts for use…
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Your Debit Card Guide
Debit cards look like credit cards or ATM (automated teller machine) cards, but operate like cash or personal cheques. A…
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NRI NEWS AND ARTICLES
nri news
PSU banks rebound from day's low post Vijaya Bank's Q1 results
SBI, Bank of Baroda, Vijaya Bank, Bank of India, Canara Bank, Union Bank of India, Oriental Bank, PNB, Indian Bank, Syndicate Bank and Allahabad Bank were up more than 1% on the NSE.
UPL surges 15% after Arysta deal; analysts see more upside for the stock
The stock surged 15% to Rs 631 after the company announced the acquisition of Arysta LifeScience - the agrochemical business of US-based Platform Chemicals - for a consideration of US $ 4.2 billion.
GST rate cuts will lower India's tax collection by Rs 150 billion a year
The estimated loss in revenues comes at a time when India needs to keep its budget deficit in check as Modi prepares to ramp up spending on welfare programs
GST rate cut triggers rally in footwear, paint, consumer durable stocks
The recent move to cut rates, analysts say, should help boost sales, particularly in the consumer durable segment over the next few months
SC says there can't be complete ban on protests at Jantar Mantar in Delhi
A bench comprising Justices A K Sikri and Ashok Bhushan said there was a need for striking a balance between conflicting rights such as right to protest and right of citizens to live peacefully
articles
Liberalized Remittance Scheme
read moreResident Indians were facing hardships for effecting legitimate foreign exchange transactions. To facilitate this and to permit partial free flow […]
Good Habits of Personal Finance
read moreManage your expenses so they don’t exceed your income. Spend money thinking of your future as well as your present. […]
Importance of Budgeting
read moreEvery month, I find I don’t have enough money; if the month were only 20 days long, budgeting would be […]
How to avoid double taxation?
read moreNRI’s who earn income in India needs to pay tax in India. Generally these taxes are deducted by way of […]
Financial Planning Tips
read moreAssess Needs Evaluate your present financial situation. You need to decide what you WANT and what you NEED. Set Goals […]
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