NRIs are not very familiar with Portfolio Investment Scheme or PIS account so we have tried to reply to all possible questions regarding PIS scheme in this post… When an Indian becomes an NRI, the domestic bank accounts, Demat accounts, and trading accounts are to be closed or status to be changed if allowed. So […]
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National Pension Scheme (NPS) is a retirement scheme of the Government of India. It was much hyped when it was launched but year after year the Indian Government has made so many changes that people are confused. NRIs can consider this post as all you want to know kind of article. We have also added […]
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NRIs have many investment options in India but FCNR is one of the most ignored ones… You can read all about FCNR & is it a good investment. What is FCNR account? FCNR account stands for Foreign Currency Non-Resident account. It can be opened only by NRIs. It is similar to a Fixed Deposit but […]
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Whenever I ask an NRI about there investments in India – most of them share a list of properties that they have purchased in the last few years. NRIs simply have to understand Real Estate is an asset class like any other – there are pros & cons. Let me stick with Mutual Funds for […]
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NRIs have access to the whole world & that’s the reason question is why should NRI invest in India? If Yes. Where & How to invest is another major challenge. The GDP growth rate for India for the quarter ended November 2018 was 7.1%. Swedish furniture giant IKEA, which recently opened a store in India plans to […]
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Well the newspapers and television are full of features recalling few things like “Best of craziest Bollywood moments of 2019” or the “Best of wardrobe malfunctions of last year” or the “Best of divorce/separation of the year”, I will not make an adventure to test your oomph level and will draw your focus on a […]
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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. You can […]
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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 the problem is that NRIs tend to succumb to marketing gimmicks by sellers (mostly bankers) and end up buying products that they don’t need. It’s important that NRIs first should look at their goal & risk profile – then only hit search for NRI investment options […]
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