How Does GIFT City Help NRIs/OCIs Invest in India? If you’re an NRI (Non-Resident Indian) or OCI (Overseas Citizen of India), you’ve probably considered investing in India’s booming economy. But navigating regulations, currency issues, and tax complexities can be a...
Can NRIs send money to PPF account? Non-Resident Indians (NRIs) cannot directly open a new Public Provident Fund (PPF) account in India. However, if an individual opened a PPF account while they were a resident of India and subsequently became an NRI, they are allowed...
Whats the tax rule on NRIs investment in Indian mutual funds? Investing in Indian mutual funds can be an attractive opportunity for NRIs (Non-Resident Indians), but it is essential to understand the tax implications. Here’s a breakdown of the key tax rules applicable...
Demat Account for NRIs: Common Questions and Answers Investing in India can be a lucrative opportunity for Non-Resident Indians (NRIs), but understanding the nuances of opening and operating a Demat account is crucial for seamless transactions. A Demat account allows...