37 C Livemint
Elections 2026NRIs / Livemint
Zerodha's Nithin Kamath highlights long account-opening processes as a barrier for NRIs to benefit from FCNR deposits. The RBI's favorable changes make it easier, but slow onboarding could diminish interest.
Section 215 of the Income Tax Act, 2025 allows eligible NRIs to claim exemption from long-term capital gains tax. But the benefit is available only if strict conditions on investment source and reinvestment are met.
Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.
Indian banks is likely to utilise foreign-currency deposits from the Indian diaspora to replace costly funds in their balance before channeling the money to companies. Here's how it would work.