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Income Tax: Know the new rules for NRIs - Explained, non resident indians

Income Tax: Know the new rules for NRIs - Explained, non resident indians

Fri, Feb 24, 2023

Income Tax for NRI: NRIs have to file income tax as per Indian Income Tax Act, 1961

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Managing Finances: Why are NRE and NRO accounts important for NRIs

Managing Finances: Why are NRE and NRO accounts important for NRIs

Mon, Oct 10, 2022

Opening an NRO or NRE account can help NRIs in two ways. One, they can send their foreign earnings to India at any point. Two, they can also retain their income from India (via any assets) in the home country itself.

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NRIs can invest in mutual funds, here is how; 10 points

NRIs can invest in mutual funds, here is how; 10 points

Thu, Sep 13, 2018

Investment in MFs cannot be made in a foreign currency. So NRIs have to open an NRO or NRE account with an Indian bank. They can either make payments via a cheque issued from their NRE/NRO account or use net banking facility.

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TRENDING NOW

India reports slim current account deficit; misses expectations

India reports slim current account deficit; misses expectations

Wed, Sep 21, 2016

Contraction in CAD was mainly on account of a lower trade deficit (US$ 23.8 billion) than in Q1 of last year (US$ 34.2 billion) and in the preceding quarter (US$ 24.8 billion).

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RBI sets up committee to review commodity hedging risks

RBI sets up committee to review commodity hedging risks

Wed, Sep 14, 2016

RBI's move was followed by the exposure of Indian equities to commodity price risks which has been highlighted by the growing integration of Indian economy with the rest of the world and rising volumes cross border trading.

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Union up in arms to protest removal of IT benefits for seafarers

Union up in arms to protest removal of IT benefits for seafarers

Fri, Aug 05, 2016

The Income Tax department has recently started issuing notices to all Indian seafarers stating that they are now entitled to pay taxes to the Indian government.

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NRIs can now go online to open eNPS accounts

NRIs can now go online to open eNPS accounts

Fri, Jun 17, 2016

The Finance Ministry today said non resident indians (NRIs) can now open National Pension Savings (NPS) accounts online if they have Aadhaar Card or PAN card. "NRIs can now open NPS Accounts online if they have Aadhaar Card or PAN card," the Finance Ministry said in a statement.

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