A Qualifying Recognised Overseas Pension Scheme Or QROPS” allows individuals who live outside the UK, or are intending to leave the UK, to transfer their UK registered pension into an approved offshore pension scheme without deduction of UK tax. For those individuals that qualify for such a pension, a QROPS plan can provide greater flexibility,Read More
Alternative Assets – Some New / Some Old
More… More What More? This is how investors with crazy amounts of money yell. Today we will cover the assets to invest apart from the usual Equity, Bonds, Government Schemes, or Property. These are called Alternative Investments. There is a demand for alternative assets – primary because of 2 reasons. First no or little correlationRead More
Type of NRI Bank Accounts – FCNR Part 3
This is Part 3 of series of 4 updated articles to update you on the Types of NRI Bank Accounts. We will discuss here the FCNR Account for NRI. We are giving you complete details of NRI related bank accounts. These are: NRO Account (Click for Details) NRE Account (Click for Details) FCNR Account forRead More
Type of NRI Bank Accounts – RFC Part 4
A resident or resident, not ordinary resident (RNOR) may require, y keep foreign currency accounts as they may have still business unfinished after their return to India. These can be done using RFC Account for NRI. Here are the details. This is Part 4 of series of 4 updated articles to update you on theRead More
Type of NRI Bank Accounts – NRE Part 2
This is Part 2 of series of 4 updated articles to update you on the Types of NRI Bank Accounts. We will discuss here the NRE Account for NRI. After NRO the foremost required account is NRE Account or Non-Resident External Account. This account will have all transactions where the earning source is outside India.Read More
Type of NRI Bank Accounts – NRO Part 1
This is Part 1 of series of 4 updated articles to update you on the Types of NRI Bank Accounts. We will discuss here the NRO Account for NRI. This is the most basic account required by NRIs to manage their home affairs. Yes, the existing Indian savings & future earning should come to NRORead More
