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Financial Advisor

+91 90999 42563
info@neuronwealth.com

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Category: NRI / OCI

 Category Important Update Analyzed, Investments, NRI / OCI

USA-India FATCA Agreement update: Is India Preparing for FATCA compliance? The Budget 2014 proposes so.

August 8, 2014
Finance Budget (No.2) proposed many important changes related to NRI investments and taxation. One of...
 Tags AIR, Annual Information Return, CBDT, Demat, Department of Treasury, Due Diligence, FATCA, FATCA Agreement, FEMA, FFA, FFI, Financial Account, financial transaction, Foreign Account Tax Compliance Act, Foreign Financial Account, Foreign Financial Assets, Foreign Financial Institution, forex, Form 8938, IGA, Income Tax, India, Indian American, INR, Intergovernmental Agreement, Investment, Investments in India, IRS, NRE, NRI, NRI from USA, NRI Investment, NRI Investments, NRI Taxation, NRO, OCI, Penalty, PIO, RBI, reportable account, SEBI, SoFTRA, Statement of Financial Transaction and Reportable Account, Tax, US Compliance, US Reporting, USA Compliance
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 Category Investments, NRI / OCI, Wealth Management

Destination India 2: Important initiatives by new Indian Government……Have you invested in India or still watching?

July 6, 2014
Indian government, under Mr. Modi's leadership with a mantra of "Minimum Government, Maximum Governance", has taken some...
 Tags approval, Bureaucrat, EGoM, GoM, India, Indian Government, indo-china, Investment, investment return, Minimum Government Maximum Governance, Narendra Modi, narmada dam, NRI, NRI Investment, radar, return, SAARC, sensex
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 Category Important Update Analyzed, Investments, NRI / OCI

Forex Remittances allowed upto US $125,000; FPIs can trade in currency derivatives; and NRIs allowed INR upto Rs. 25,000

June 3, 2014
RBI in a bi-monthly Monetary Policy Statement on June 3, 2014, announced 3 important measures...
 Tags currency derivative, exchange traded derivative, Foreign Portfolio Investor, forex remittance, FPI, Liberalised Remittance Scheme, Liberalized Remittance, limit, LRS, Non resident indian, NRI, RBI, RBI monetary Policy, RBI policy, RBI policy review statement
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 Category Important Update Analyzed, Investments, NRI / OCI, Wealth Management

Destination India: How to Invest in World's next bull market

May 22, 2014
Election result of India, the Biggest democracy in the World, gave clear mandate to the“Development”...
 Tags FDI, Foreign Direct Investment, Foreign Portfolio Investment, Foreign Portfolio Investor, FPI, Growth, Narendra Modi, NRI, PIS, Portfolio Investment Scheme
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 Category Important Update Analyzed, Investments, NRI / OCI, Taxation

Comprehensive Analysis of FATCA (Foreign Account Tax Compliance Act) of USA for US based NRIs

March 11, 2014
In a Historical turn of events, India has reached FATCA agreement in substance with the...
 Tags Broker, CBDT, Demat, Department of Treasury, DTAA, FATCA, FATCA Agreement, FBAR, FCNR, FD, FEMA, FFA, FFI, Finance Ministry, Financial Account, financial institution, Foreign Account Tax Compliance Act, Foreign Financial Account, Foreign Financial Assets, Foreign Financial Institution, forex, Form 8938, GAO Report, HSBC, IGA, Income Tax, India, Indian American, INR, Insurance, Intergovernmental Agreement, Investment, IRS, Mutual Fund, NRE, NRI, NRI from USA, NRI Investment, NRO, OCI, OVDI, OVDP, Overseas Voluntary Disclosure Initiative, Overseas Voluntary Disclosure Program, Penalty, PIO, RBI, SEBI, Tax, TDS, UBS, US Compliance, US Reporting, USA
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 Category Investments, NRI / OCI, Wealth Management

Capital Guaranteed (in USD) Insurance Plan for NRIs – An Analysis

February 17, 2014
Looking at the success of the Leveraged FCNR deposits, increased interest of NRIs of investment...
 Tags Bank, Capital Guarantee Plan, FCNR, FD, floating rate, floating rate of interest, foreign exchange, Guarantee maturity, Guaranteed Dollar Return, Income Tax, Investment, Leverage, Leveraged, Leveraged FCNR, LIBOR, LIC, LIC Bonus, Life Insurance Corporation, NRI, NRI Investment, OCI, PIO, RBI, remittance, Repatriation, Secured, Secured Dollar return, Tax, Tax Free Return, TDS
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 Category Important Update Analyzed, Investments, NRI / OCI, Taxation, Wealth Management

Awards Received – ACCOUNTANT OF THE YEAR and CUSTOMER CENTRIC BUSINESS OF THE YEAR

November 24, 2013
We are honored to have received Two Awards at the Intuit Quickbooks Excellence Awards 2013 in association with...
 Tags Accountant, Accountant India, Accountant of the Year, Ahmedabad, Award, Awards, Chartered Accountant, CPA, Customer Centric, Customer Centric Business, Excellence Award 2013, India, International GAAP, NRI, NRI Advisory, NRI Investment, NRI Taxation, NRI Wealth Management
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 Category Investments, NRI / OCI, Taxation, Wealth Management

Leveraged FCNR Deposits – Why FCNR deposits suddenly became attractive for NRIs and What are the risks?

October 8, 2013
Recent RBI steps in September to stop rupee depreciation have created a new buzz in...
 Tags Axis, Bank, Bank account, capital control, credit risk, DBS, Debt, Deposit, Deutsche, DTAA, FATCA, FBAR, FCNR, FD, FEMA, Financial Account, financial institution, Fixed Deposit, Foreign Currency, Foreign Currency Non Resident, foreign exchange, forex, HDFC, ICICI, Income Tax, India, IndusInd, INR, interest arbitrage, Investment, Kotak, Leverage FCNR, Leveraged FCNR, Leveraged FCNR Deposit, NRI, NRI Investment, RBI, Sovereign, swap, swap rate, Tax, USD INR swap, Yes
Read More
 Category Important Update Analyzed, Investments, NRI / OCI, Taxation

15CA/CB rules revised Again: 15CA/CB May NOT be required for NRO to NRE transfer

September 6, 2013
CBDT vide notification 67/2003 revised the rules and procedures AGAIN for payment to NRI. And...
 Tags 15CA, 15CB, Bank, BSR Code, CA, CA Certificate, CA Certificate Form 15CB, CBDT, Central Board of Direct Taxes, Certificate, Chartered Accountant, DTAA, DTAA Article, Exempt, FEMA, financial institution, Foreign Currency, foreign exchange, Foreign Payment, forex, Form 15CA, Form 15CB, Income, Income Tax, Income Tax Act, India, Indian Currency, INR, Investment, money exchange, money transfer, Notification, NRE, NRI, NRI Investment, NRO, NRO to NRE Transfer, Outward Remittance, PAN, Payment to NRI, Procedures, RBI, remittance, Remittee, Remitter, Revised Form 15CA, Revised Form 15CB, Specified List, Tax Free, Taxable, TDS
Read More
 Category Important Update Analyzed, Investments, NRI / OCI, Taxation

Revised Forms 15CB/15CA and Updated Procedures for Outward Remittance of money (including NRO to NRE transfer)

September 5, 2013
On August 5, 2013, CBDT (Central Board of Direct Taxes) changed the rules, procedures and...
 Tags 15CA, 15CB, Bank, BSR Code, CA, CA Certificate, CA Certificate Form 15CB, CBDT, Central Board of Direct Taxes, Certificate, Chartered Accountant, DTAA, DTAA Article, Exempt, FEMA, financial institution, Foreign Currency, foreign exchange, Foreign Payment, forex, Form 15CA, Form 15CB, Gift, Income, Income Tax, Income Tax Act, India, Indian Currency, INR, Investment, money exchange, money transfer, Notification, NRE, NRI, NRI Investment, NRO, NRO to NRE Transfer, Outward Remittance, PAN, Payment to NRI, Procedures, RBI, remittance, Remittee, Remitter, Revised Form 15CA, Revised Form 15CB, Revised procedures, Specified List, Tax Free, Taxable, TDS, Verification
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