One of the most common questions that I get from NRI is – what will happen to my NRE FD after return to India? This question is on top of his mind because most NRIs locked their savings in long-term NRE FDs & they are giving high interest which is tax-free in India. NRE FD […]
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The Indian rupee has been on a downward slide for some time now. It has been above the Rs. 70 to 1 US Dollar mark for the last 3 months. Almost depreciated 20% in 2018 calendar year and came very close to the psychological level of 75. This was sharp & painful after few years […]
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As an NRI, you can invest in mutual fund schemes in India but you have to pay tax. You have to pay taxes on mutual funds based on certain criteria, Keep in mind that tax implications are different for NRIs as compared to Resident Indians. In this post we are talking about the tax on […]
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NRIs are looking for Investment Options in India but problem is that NRIs tend to succumb to marketing gimmicks by sellers (mostly bankers) and end up buying products which they don’t need. It’s important that NRIs first should look at their goal & risk profile – then hit search for NRI investment options in India. […]
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