Buying a home is a big step for anyone and when it all goes in your favour, it gives you a huge sense of accomplishment. Moreover, property is an asset that helps you reap numerous financial benefits. The same holds good for Indians who reside outside their home country (Non-Resident Indians). However, high real estate […]
If you’re an NRI with savings and investments in a different currency, then an NRI account comes to your rescue. As per HDFC, an NRI Account is opened with a bank or financial institution which is authorised by the RBI, to provide various services. It involves facilities relating to currency denomination, money transfer etc to […]
The Union Finance Minister, Nirmala Sitharaman proposed Union Budget for 2021-22 on February, 01. The budget covered several key aspects and brought in many innovative proposals to ward off the economic devastation caused by the coronavirus pandemic which brought the world economy to its knees. However, this budget also proposed a few things that would […]
Non-Resident Indians (NRIs) who choose to settle in India after retirement or who return to India after spending significant time abroad are currently facing difficulties with receiving money from foreign retirement accounts due to the current tax policies in India. This is causing a great deal of frustration and hardship among NRIs who choose to […]
Aadhar card for NRI (Non-Resident Indians) and Overseas Citizenship of India (OCI) cardholders A few years back in early 2016, The Unique Identification Authority of India, a central government agency proposed a plan to assign unique numbers to each citizen of the country after collecting their biometric values and storing them. Today, the Aadhar card […]
For the NRIs who stay and work in a foreign country, the major trouble is to find the best investment plans for NRIs in India. You principally have two choices – should you spend it overseas where you and your family is settled at present, or should you invest it in India, which is home […]
