The Budget 2022, has been good in terms of the enabler role by the government. NRIs play a very big role in the development of India through their work, taxes & investments. Here are the collection of Budget 2022 Impact on NRI Investments & Taxation. Here are the changes proposed by Union Budget 2022 forRead More
NRIs
NRI PAN Card & FAQs
Every individual in India needs to have a PAN card to make financial transactions. It can be a purchase of a property, the opening of an NRE bank account, or filling ITR to get a refund of TDS. Today we aim to deal with rules related to a PAN card issued to an NRI. Let’sRead More
Common NRI Investment Mistakes
A new year is starting and is a wonderful time to assess or reassess the investments & goals. NRIs have less information about the investments that they have made in India. Hence you must draw some time to check your portfolio. This will help lessen & eradicate common NRI investment mistakes. Let us check theRead More
Can NRI Invest in Agricultural Land in India?
It is very common for NRIs to look for a farmhouse or wish to get close to nature by buying agricultural land in India. Wait a minute… Can NRI invest in Agricultural Land in India? It is not easy as regulations restrict few transactions. Here are the details on NRI investments in Agricultural Land inRead More
Capital Gain Taxation for NRIs
NRIs have different taxation rules compared to residents. Residents pay tax on income earned in India & globally. Whereas NRI needs to offer only global income for taxation. Taxation matters get complex when NRI is investing in India and has to pay tax on Capital Gain. Here is a small dossier on the treatment ofRead More
All About TDS for NRIs – Section 195 Details
NRIs are subject to TDS on income that is earned or accumulated in India. This income is offered for taxation hence certain rules under Section 195 of Income Tax, decide TDS for NRIs. But as the source of income can vary, so are the rules and rates of TDS for NRIs. There are 2 sections-Read More