Although it is appealing for Indians to migrate and settle down in developed, “high-income” countries and get the status of non-resident Indians (NRI), the lure of equity investment and stock market opportunities largely brings their focus back to India....
There are so many non-resident Indians (NRIs) who have settled abroad and wish to sell a home, space, or land that they no longer need. It is a practical decision to liquidate the asset and minimise the liability associated with it. The sale of residential property...
The Reserve Bank of India (RBI) is in charge of the Foreign Exchange Management Act of 1999, alias FEMA, which codifies and alters existing laws governing foreign exchange in India and regulates all forms of capital transactions involving both Indian residents and...
After spending a decade outside India in a foreign country, you have finally decided to return to your homeland. Well, if you can relate to the above scenario, this blog is perfect for you! See, if you intend to return to India, there is a lot of planning involved,...
NRIs, as we all know, stand for Non-Resident Indians. They are a very privileged section of the population as they bring foreign exchange into the Indian subcontinent. Whenever the country experiences a foreign exchange crisis, it relies on the expatriates of the...
Non-resident Indians (NRIs) who are outside of India and seek to sell or buy a house, land, or other types of residential property in India must pay Capital Gains Tax. The amount of the tax would, of course, depend on whether the gains were long-term capital or...
