FEMA

NRI Pan Card

Comprehensive Guide for NRIs to Deal with Inoperative PAN Cards

Inoperative NRI Pan Cards: Despite the fact that NRIs are not taxed in India on their foreign income, they are required to file tax returns if they receive any interest income from NRO bank savings accounts or NRO fixed deposits, Rental income from property located in India or Capital gains by selling assets or shares, […]

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Transfer of NRI Inheritance

A Complete Guide to Transferring Property Inheritance to NRIs in India

Transfer of NRIs’ Inheritance Inheriting property is not so complex if you are a resident Indian but on the other hand, if you are an NRI, inheriting property in India is a tangled process that requires professional help as the NRI inheritance law is quite different and complicated from the inheritance law governing the resident

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Section 89A

Section 89A Guide for NRIs: Claiming Tax Relief on Foreign Retirement Benefit Accounts

Section 89A- Tax Relief on Foreign Retirement Benefit Accounts Section 89A: Non-resident Indians (NRIs) planning to settle down in India after retirement with foreign retirement benefits accounts often faces a lot of difficulties in claiming the benefits under Double Taxation Avoidance Agreement (DTAA). DTAA allows NRIs to claim tax credits or tax exemptions on their

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All About Real Estate Investment Trusts ( REITs ).

REITs: Real Estate Investment Trusts

Traditionally most Indians have had a significant portion of their net worth in real estate but in recent times due to a rise of property prices investors have not been able to invest in real estate due to its high ticket size especially in Metro cities. One option available for investors which provides exposure to

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11 Rules to know – Am I an NRI under FEMA and the Income Tax Act? | My Money Sage

NRI under FEMA and the Income Tax Act Your residential status determines which investments you can make and how much tax you will have to pay.  Many of our clients ask us about whether they are Non-Resident Indians (NRIs) or residents. They are not able to make sense of the rules under the Foreign Exchange

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