Category Investments, NRI / OCI, Taxation, Wealth Management Are FCNR deposits with Forward Cover Completely Tax free for NRIs in India? August 26, 2013 Recently, due to volatile rupee and favorable currency exchange rates, Banks have been aggressively marketing... Tags Bank, Compliance, Conversion, Exchange Rates, FCNB Premium Account, FCNR, FD, FEMA, Financial Account, Foreign, foreign exchange, forex, Forward, forward contract, forward cover, HDFC, HDFC NRI, HDFC RupeeMax, ICICI, ICICI NRI, ICICI Rupee Plus, Income Tax, India, IndusInd, Investment, Kotak, NRE, NRI, NRI Investment, NRO, OCI, PIO, Premium Rupee Plan, RBI, Rupee Advantage Plan, Rupee Multiplier, Rupee Plus Plan, Ruppe Max, SBI, Tax, Yes Bank Read More Category Investments, NRI / OCI, Taxation US-India FATCA Agreement 1: What to Expect from Bilateral FATCA agreement between the US and India July 23, 2013 Since the Foreign Account Tax Compliance Act (FATCA) came out in 2010, US Government has... Tags 8938, Compliance, Department of Treasury, FATCA, FBAR, FFA, FFI, Financial Account, financial institution, Foreign, Foreign Account, Foreign Account Tax Compliance Act, foreign exchange, Foreign Financial Account, H1B/L1, Income Tax, India, Investment, IRS, NRI, NRI Investment, US Citizen, US Person, US Reporting, US reporting account, US Resident Read More Category Investments, NRI / OCI NRIs in USA: Foreign Account Tax Compliance Act (FATCA) is coming from 2013; Start planning September 13, 2012 FATCA Basics: The Foreign Account Tax Compliance Act (FATCA), enacted in 2010, is an important... Tags 8938, Bank, Due Diligence, FATCA, FFI, Financial Account, Foreign, Foreign Account Tax Compliance Act, Foreign Financial Account, IRS, NRE, NRI, NRO, PIO, Pre-existing, US, US Reporting Read More Category Investments, NRI / OCI, Wealth Management FBAR 3: Required Information for Compliance with FBAR (June 30 Deadline) June 13, 2012 FBAR Requirement: In simple terms, US Citizens and resident aliens (i.e. anyone filing Form 1040)... Tags Asset, Compliance, Department of Treasury, FBAR, FFA, Financial Account, Foreign, foreign exchange, Foreign Financial Account, Investment, IRS, NRE, NRI, NRI Investment, NRO, OCI, PIO, US Reporting Read More Category Investments, NRI / OCI, Wealth Management FBAR 2: Foreign Financial Accounts – Whether reportable? June 13, 2012 No. Foreign Financial Accounts ^ Reported in FBAR?^ Example* 1 Financial (deposit & custodial) accounts... Tags Asset, Compliance, Department of Treasury, FBAR, FFA, Financial Account, Foreign, foreign exchange, Foreign Financial Account, Investment, IRS, NRE, NRI, NRI Investment, NRO, OCI, PIO, US Reporting Read More Category Investments, NRI / OCI, Wealth Management FBAR 1: Understanding and Complying with FBAR (Reporting of Foreign Financial Accounts) June 13, 2012 Steps for FBAR Compliance: 1. List investments made in foreign countries and money in foreign... Tags Asset, Compliance, Department of Treasury, FBAR, FFA, Financial Account, Foreign, foreign exchange, Foreign Financial Account, Investment, IRS, NRE, NRI, NRI Investment, NRO, OCI, PIO, US Reporting Read More
