Livemint

The NRI guilt trap: why high salaries abroad don't always create wealth

Many NRIs earn in dollars but struggle to build wealth as family obligations, emotional guilt and social expectations drain savings and delay financial independence.

20 Jul 2026 11:02 am

Gifting to your NRI child? Know the tax treatment of NRE deposits

Gifts from parents to NRI children are tax-free, while interest earned on NRE accounts and deposits is fully exempt from income tax for FEMA non-residents, unlike taxable NRO interest.

19 Jul 2026 8:55 pm