NRIs / Business Standard
The Life Protect Supreme plan offers flexibility with five distinct options, allowing policyholders to customise their coverage based on their lifestyle, medical history, and occupation
With 46 individuals, the USA is the most preferred country for NRIs, followed by the UAE and the UK.
NRE accounts allow NRIs to manage foreign income with seamless transfers to India. The interest income is tax-exempt in India
Owing to tax-related changes in India, Rajasthani NRIs face difficulties related to investment provisions in India, Vijay Garg, founder and general secretary of MIF, said
In June, inflows into the various NRI schemes stood at $1.23 billion compared to $1.7 billion in May
It should be noted that the notification by the CBDT carved out an exception for international taxation cases, including NRIs, for reassessment
Kolkata (West Bengal) [India], July 26: Rakhi is a festival that celebrates the love that siblings share worldwide. 'Rakshabandhan' comprises two words 'Raksha', which means protection, and 'Bandhan', which means to tie the siblings in the eternal bond of love, care, and protection. It is all about having each other's back and ensuring one does not have to face anything alone. But with changing times the siblings live away from each other and find it difficult to celebrate Rakhi with their sibli
In May alone, inflows into the various NRI schemes stood at $1.7 billion compared to $1.07 billion in April
These proposed solutions aim to simplify tax compliance for non-resident taxpayers in India, making the process more efficient and less time-consuming.
Overall housing demand in country to increase by up to 25%, it says
An NRI's income taxes in India depend on their residential status, explains Manikandan S, a tax expert at ClearTax
Markets regulator Sebi has allowed up to 100 per cent aggregate contribution by non-resident Indians, Overseas Citizens of India, Resident Indians in the corpus of FPIs that are based out of International Financial Services Centre (IFSC). The move is expected to enhance investment by Foreign Portfolio Investors (FPIs) in India. In a circular issued on Thursday, Sebi said it has amended FPI rules to provide flexibility of having up to 100 per cent aggregate contribution by non-resident Indians (N