NRIs

Financial Planning for Merchant Navy Sailors, importance of financial planning, Importance of Financial Planning for Merchant Navy Seafarers, Managing Finances While Sailing, Merchant Navy & Seafarers community, Process of Financial Planning for Merchant Navy Sailors

Last week we wrote on the taxation aspect of the Merchant Navy & Seafarers community. The response had one thing in common – how can the process of investment start? Well, like other investors it starts with something called – Financial Planning. So this time let us cover the important topic – Financial Planning forRead More

Taxation Guide for Merchant Navy Seafarers

by Madhupam Krishna

Benefits of Being an NRI Status Seafarer, How Can a Merchant Navy Sailor Invest, How to Manage Your Investments & Financials While Sailing, Investment & Taxation Guide for Merchant Navy Seafarers, Is Merchant Navy Sailor or Seafarer an NRI, Should a Seafarer File Income Tax Returns, What is a CDC, What is a Continuous Discharge Certificate

Merchant Navy, or Seafarers as we call them, forms an important community. However, there is much confusion over their residential status, which, in turn, prevents them from making investment decisions. So, let us try to understand and construct an Investments & Taxation Guide for Merchant Navy Seafarers in detail. Let us start with Taxation aspectRead More

Taxability of NRI Rent Income

by Madhupam Krishna

Benefits of NRIs rental house, GST on rental income of NRI, NRI rent TDS section, NRI rental agreement, NRI Rental Income, Tax on NRIs rental income, Tax slab rates for NRI, TDS rate under section 195 on rent

NRIs have properties in India. These properties are either inherited or self-acquired. They buy houses for investment purposes or for self-occupancy when they are in India. Most NRI rent the property but what about Rent Income? What will be the Taxation of NRI Rent Income? Let’s check this today… When an NRI is abroad heRead More

All About New PAN 2.0 for Residents & NRIs

by Madhupam Krishna

All About the New PAN 2.0 for Residents & NRIs, digital pan, How to apply for PAN 2.0 online, Is Pan 2.0 Mandatory?, pan 2.0 features, pan 2.0 safety, Should NRIs Apply for New PAN 2.0?, Should Residents Apply for New PAN 2.0?, Uses of PAN 2.0

Imagine a world where managing your tax affairs is as effortless as tapping a few buttons on your smartphone. Enters the – PAN 2.0, the revamped system for the Permanent Account Number (PAN) in India, designed to bring tax administration into the digital age. PAN 2.0 is the new e-PAN card, complete with a QRRead More

Process & Steps to Issue NRI Power of Attorney

by Madhupam Krishna

Digital PoA, How Non-Residents Can Issue NRI Power of Attorney?, Key Considerations When Issuing a PoA, NRI Power of Attorney, Power of Attorney, Power of Attorney (PoA), Power of Attorney in India, Steps for NRIs to Issue a Power of Attorney, Types of Power of Attorney for NRIs

A Power of Attorney (POA) is a legal document that allows an individual to act on your behalf. A NRI Power of Attorney (PoA) is a legal document that allows a person (the principal) to authorize another individual (the attorney or agent) to act on their behalf in India. Using a NRI Power of Attorney,Read More