Are you an NRI who is planning to return back to India for good? Are you a professional who has been working abroad and now is being sent on a long-term assignment to India? If yes, I am sure you have many things to do. You might be busy winding up your work, winding up […]
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We love getting gifts. Gifts might involve a lot of emotion and tradition. But we have to consider practical and mundane things like rules and taxation when it comes to gifts in terms of cash or assets. NRIs can give and receive gifts in cash or kind (jewelry, antiques, property) to and from relatives and […]
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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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Myth No.1 – I am an NRI and I do not have tax liability Fact NRIs are liable to pay tax on the income received or accrued in India even if they are not living in India. Here is a simple table to make this clear – Residential Status Indian Income Foreign Income Non-Resident Indian […]
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