NRIs

When is NRI Exempt from Filing Income Tax?

conditions under which NRI Exempt from Filing Income Tax in India, NRI Exempt from Filing Income Tax in India, NRI Exempt from Filing Income Tax in India with Income from IFSC Investment Funds, NRI taxation, What is An International Financial Services Centre (IFSC)

It is a reverse question: When is NRI Exempt from Filing Income Tax in India? Non-resident individuals and entities can be exempted from filing an income tax return in India under certain conditions. In most cases, as long as taxes on their income have been properly deducted at the source. But let’s check in details:Read More

NRIs Taxation on Investments in India

by Madhupam Krishna

Double Taxation Avoidance Agreements, NRI capital gains tax on shares, NRI income tax slab rates, NRI tax slab in India, NRI's taxation on Investments made by NRIs in India, NRIs Taxation on Investments in India, Special Tax Regime for NRI Investors, Types of Taxable Income for NRIs taxation on Investment in India

It is tax filing season. Residents & NRIs both need to file for the FY 2023-24. Every taxpayer should determine their residential status under provisions of Section 6 of the Income Tax Act, 1961, for the relevant financial year for taxation. The resident rules are simple but what about NRIs who have earnings in IndiaRead More

NRI Investing Using Domestic Bank Accounts – Y/N?

by Madhupam Krishna

NRE Account for MF Investing, NRE and NRO account RBI guidelines, NRE and NRO accounts, NRI Investing Using Domestic Bank Accounts, NRI Investment, NRI investment using domestic bank accounts, NRO account for MF investment

Prabhat, who recently converted status from resident to NRI, asked me if it is ok to continue Mutual Funds investments & SIPs from domestic accounts. The NRI Investing Using Domestic Bank Accounts like savings or current is not allowed. So what to do if NRI invests using domestic bank accounts? Why this is so? ManyRead More

Navigating Will for NRI : Step-by-Step Guide

by Madhupam Krishna

Financial Planning for NRIs, how to make a will for nri, navigating will for nri, nri rights in india for property, nri will in india, Practical Tips for NRIs Creating a Will, understanding the significance of will for nri, will for nri

For Non-Resident Indians (NRIs), planning for the future involves more than just financial management—it also entails ensuring that their assets are distributed according to their wishes. Will is such a legal arrangement. Will for NRIs can solve this issue. Using Will, NRI can be sure of distributing & transferring his assets after his death. DraftingRead More

Complexities in Financial Planning for NRIs

by Madhupam Krishna

financial planning, Financial Planning for NRIs, investment plans for nri, NRI financial planning, NRI Investment, nri investment in india real estate, nri wealth management

As Non-Resident Indians (NRIs) deal with the global financial terrain, they encounter unique challenges that require correct solutions and strategic foresight. Most appreciate a formal approach but still keep their distance from Financial Planning for NRIs. Complexities in financial planning for NRIs arise at every step of change that they undergo. Most issues in financialRead More

NRIs Investment in US Dollars or Indian Rupee

by Madhupam Krishna

NRI Investment in INR, NRI investment in USD, nri investment in usd or inr, NRIs choose to invest in US Dollars or Indian Rupee, USD vs INR investment, USD vs INR invetsments, Why NRI Invest in USD

NRIs Investment in US Dollars or Indian Rupee is a complex and important decision. There are several factors to consider, and making the right choice requires careful evaluation. Let’s explore these considerations together. But why would NRI investors invest? NRIs invest due to a host of factors. This can be – Diversification, Better Returns, VarietyRead More