On October 3, 2023, SEBI introduced a centralized mechanism to smoothen the transmission process on...
Tags Death, estate, Investment, Investments, joint holder, nomination, nominee, NRI, NRI Investment, SEBI, Transmission, Wealth Transfer
Recently, Non-Resident Indians (NRIs) have been receiving notices from the Income Tax department for credits...
Tags 285BA, Bank, Income Tax, income tax notice, Investment, NRE, NRE deposit, NRE FD, NRI, NRI Investment, SFT, SFT-005
From 2014, the Income Tax Act has made it mandatory for any financial institution to...
Tags Budget, BUDGET 2023, CRS, FATCA, FEMA, Income Tax, Income Tax Act, Investment, KYC, KYC change, NRI, NRI Investment, Penalty, reportable account
A lot of people are moving back to India because of multiple reasons like retirement,...
Tags Back to India, FCNR, FEMA, Income Tax Act, Moving to India, NRE, NRI, NRI Investment, NRO, Taxation, wealth
The Finance Budget 2020-2021 came as a big surprise for NRIs as it changed the...
Tags 182 days, Budget, Budget 2020, non resident, NOR, not ordinary resident, NRI, NRI Investment, NRI Investments, NRI Taxation, OCI, OR, PIO, resident, residnt
Union Budget (No 2) 2019 takes us a step closer to achieving short term goal...
Tags Bank FD, Budget, Compliance, connectivity, Debt, Economy, electricity, eqity, FDI, fii, finance, Growth, Income Tax, increase in public shareholding, India, INR, Investment, mobile, Money, Mutual Fund, national research foundation, NRE, nrf, NRI, NRI Investment, NRO, return, wealth
Budget 2017 has proposed many important changes related to investments. Efficient Planning of your equity,...
Tags Bank, Bidget 2017, FEMA, Income Tax, India, India Budget, Investment, Investor, NRI, NRI Investment, NRO, STT, Tax, TDS
“From midnight of November 8, 2016, Rs. 500 and Rs.1000 will cease to be legal...
Tags Bank, currency notes, FD, FEMA, foreign exchange, Income Tax, India, Investment, Legal Tender, NRI, NRI Investment, RBI, Tax
Understanding Brexit: Brexit means BRitain’s EXIT from the European Union (EU). EU is an economic...
Finally, the Central Board of Direct Taxes (CBDT) issues Notification no. 93/2015 dated December 16,...
Tags 15CA, 15CB, Bank, CA Certificate, CA certificate in Form 15CB, CBDT, Compliance, DTAA, FEMA, foreign exchange, Income Tax, India, LRS, NRE, NRI, NRI Investment, NRO, NRO to NRE Transfer, PIO, RBI, remittance, Repatriation, Tax, TDS