TDS Rules for NRIs When Selling Property in India The sale of property in India by Non-Resident Indians (NRIs) is subject to several tax implications, with Tax Deducted at Source (TDS) being one of the most significant. Understanding these rules is essential for NRIs...
How to Obtain Indian Citizenship for Your Child with a Non-Indian Passport? India allows individuals to acquire citizenship under specific conditions defined by the Indian Citizenship Act, 1955. If your child has a non-Indian passport but qualifies for Indian...
Can NRIs can obtain education loans from Indian banks for pursuing education in India? Yes, Non-Resident Indians (NRIs) can obtain education loans from Indian banks for pursuing education in India.Many Indian banks offer education loan schemes tailored for NRIs and...
Can NRIs keep Post Office accounts after leaving India? Non-Resident Indians (NRIs) face specific restrictions regarding investments in Indian Post Office savings schemes. Here’s an overview: Opening New Accounts: NRIs are not permitted to open new Post Office...
How can NRIs use UPI? As of January 2023, the National Payments Corporation of India (NPCI) announced that Non-Resident Indians (NRIs) from select countries can access UPI services using their international mobile numbers linked to NRE (Non-Resident External) or NRO...
Converting physical shares into dematerialized Converting physical shares into dematerialized (demat) form is a crucial step for Non-Resident Indians (NRIs) looking to manage their investments more efficiently in India. Here’s a detailed guide on how NRIs can go...