NRIs

Things to Set in Order – Checklist for NRIs

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Going abroad to work or earn is a huge thing. It doubles when you are in peace that, the things behind you are in order. Peace of knowing that you are on the right side of the rule book & also that there is no monetary loss or liability creation afterward. Here is the basicRead More

Retirement Planning for NRI (Full Details)

by Madhupam Krishna

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Retirement Planning for NRI is a dilemma! Where, When, How & What to do right now keeps you thinking. Most NRIs return home but many decide to embrace the new country as their home. As an NRI, are you completely satisfied with the way you have been planning for your retirement? What do you think?Read More

What is Liberalised Remittance Scheme (LRS) ?

by Madhupam Krishna

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Updated: 17 Sept 2019 Till June 2004, even if you had to send some money abroad, you needed RBI permission. But after the introduction of Liberalised Remittance Scheme or the LRS, the need to take permission every time you have to send money abroad was abolished. This has helped NRIs, their families & business interests.Read More

Impact on Investments When Status Changes “Resident to NRI”

by Madhupam Krishna

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Becoming an NRI is an awesome thing… Though it means some paperwork. So let us guide you on what happens when your status changes from Resident to NRI. Common questions are – what happens to my bank accounts when you become NRI or what happens to mutual funds when you become NRI. So here is detail on what youRead More

Impact on Investments When Status Changes ” NRI to Resident “

by Madhupam Krishna

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Returning NRIs also come with loads of paperwork & money (I hope so). Coming back is a crucial decision and it invites again dealing with change in status from NRI to Resident or change in status from NRI to RNOR. It involves a process to inform various intermediaries about change in residential status. Whenever thereRead More

Income Tax Planning for NRIs & FAQs

by Madhupam Krishna

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Updated 16/07/2022 – In this article, we will discuss the Tax Planning for NRIs in detail. We will be modifying it when there are changes. So that you have up to date knowledge on Tax Planning for NRIs. Specific questions can be asked in the comments section below on Taxation for NRIs. So here weRead More