NRIs

Remittance & Remitting Money to Family in India

Factors to Consider When Choosing a Remittance Service, Key Points on Remitting Money to Family in India, Meaning of Remittance, Modes of Inward Remittance, Popular Methods for Sending Money, Remittance & Remitting Money to Indian Family, Remittance in India, remittance money transfer, Time and Costs Involved in Remittance to India Leave a Comment

What is Remittance? Remittance is the process of transferring money from one person to another, often across international borders. It’s a lifeline for many families, helping them cover essential expenses like food, education, and healthcare. For countries like India, remittances are a significant source of income, boosting the economy and improving the quality of lifeRead More

Selecting NRI Wealth Manager Back in India?

by Madhupam Krishna

good wealth manager, good wealth manager in India, How NRIs Should Choose a Good Wealth Manager, Preparation Before You Start Looking for a good Wealth Manager, Range of Services by a good wealth manager, Search for a good Wealth Manager Leave a Comment

For Non-Resident Indians (NRIs), managing wealth and investments back home can be challenging due to geographical distance, differences in regulations, and dynamic market conditions. A skilled NRI wealth manager based in India can be invaluable in navigating these complexities and meeting financial goals. Here’s a guide to help NRIs choose NRI Wealth Manager back inRead More

Tax on Dividends for NRIs

by Madhupam Krishna

dividend tax rate for NRIs, Form 15G/15H for Stopping TDS on Dividends, how are foreign dividends taxed, How Are Taxes on Dividends Applicable for NRIs?, How Are Taxes on Dividends Applicable for residents?, How do you file the income tax return for dividend income, How much dividend is tax free in India, Tax on Dividends for NRIs, What Is Tax Deducted at Source (TDS) on Dividends

Companies and mutual funds give dividends. Companies distribute dividends as a reward to shareholders to encourage them to stay invested. Dividends, as per the Dividend Discount Model (DDM), are an important metric for determining the valuation and, therefore, the company’s share price. Here are details on Tax on Dividends for NRIs. There is a significantRead More

Highlights of Main Union Budget 2024

by Madhupam Krishna

main budget 2024, main budget 2024 highlights, main budget 2024 highlights for salaried employees, main budget 2024 highlights on income tax, main budget 2024 India, main budget 2024 new tax structure under New Tax Regime, main budget 2024 summary, main budget for July 2024, Modi Government's Financial Plan for Investments and Tax

Highlights of the Union Budget 2024 Announced on 23 July 2024- PDF Version of Union Budget 2024 – Download NPS-Vatsalya, a plan for contribution by parents and guardians for minors will be started. When the age of majority is reached, the plan can be converted seamlessly into a normal NPS account. On the other hand,Read More

Introduction to IFSC & Gift City in India

by Madhupam Krishna

Benefits of IFSCs, Examples of IFSCs, GIFT City in India, IFSC, Interduction to IFSC, International Financial Services Centre, Key Features of an IFSC, Updates of Gift City, What is An International Financial Services Centre (IFSC), Why GIFT City?

An International Financial Services Centre (IFSC) is a jurisdiction that provides financial services to non-residents and residents in foreign currencies. These centers (Like Gift City in India) are designed to offer a wide range of financial services, such as banking, insurance, asset management, and securities trading. They operate within a special regulatory framework designed toRead More

When is NRI Exempt from Filing Income Tax?

by Madhupam Krishna

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