Portfolio Investment Scheme for NRI (PIS) allows NRIs to invest in shares of Indian companies, in the secondary market, under repatriation or non-repatriation basis in respect of shares or convertible debentures sold or purchased through a registered stockbroker on a recognized stock exchange. Here are details of NRI PIS Account. This facility is called PISRead More
NRIs
Budget 2020 : Impact on NRIs
Budget 2020 has proposed some changes on NRI definition. Also it has changed few rules regarding taxation of income & investments. Here are the changes made in Budget 2020 impact on NRIs. Also Read: Budget 2020 – Highlights & Key Provisions Budget 2020 – Impact on Tax & Investments Budget 2020 Impact on NRIs DefinitionRead More
Home Loan for NRI in India – Full Details
NRIs literally have a crush on properties in India. You want to own a piece of it. And, best becomes when you have plans to return back & live in the property that you have acquired. NRIs can avail home loans & all credible Housing Finance Companies have a Home Loan for NRI in India.Read More
Changes in NRI Bank Accounts & Investments
It is a big confusion, on the changes in NRI bank accounts in Investments especially in Mutual Funds. Let us try to solve this by reasoning for the cases. It is sure that when a person is working outside India, he will undergo changes in status. These changes must be reflected in investments so thatRead More
Things to Set in Order – Checklist for NRIs
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)
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