NRI Guide

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US Customs Questions At The Airport

US has strict strict customs and immigration checking counter. Such officials would make sure that the visitors are...

FEMA Guidelines For Outward Remittance

Every country has its own guidelines on the money going in and going out. This includes India which is a country...

What Happens When You Declare Money At Customs?

International traveler need to mandatory undergo customs check while traveling through international passages and...

How To Exchange Indian Rupee To US Dollar In USA

With the growing population of visitors (for various reasons such as education, career, and medical, among others) to...

Checklist For Travelling To USA From India

Every country has mandated instructions for any visitor visiting the country which needs to be followed by the...

Temporary Green Card Travel Restrictions

Green Card or a Permanent Resident Card is issued to all the permanent residents of USA which serves as a proof that...



Ask, Answer & Discover

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Q: What are the options available to the depositor at maturity of FCNR account?

A: There are three options available to a depositor at maturity of FCNR account : a. To ask for the repayment in designated foreign currency. b. To ask for the repayment in Indian rupees or in any...

Q: What type of NRE accounts can be opened by NRI?

A: All types of account that is current, savings, recurring and term deposit can be opened under NRE accounts scheme. NRE accounts can be opened in single or joint name. However, in case or account...

Q: Is interest earned on NRE account exempt from tax?

A: Interest on NRE account is not exempt from Income tax and balances to the credit of NRE account are not exempt from wealth tax

Q: What type of NRO account transactions are permitted to NRI?

A: All types of transactions of deposits and withdrawals to and from NRO account are normally permitted. However, the RBI has prescribed certain transactions requires to be reported to RBI in...

Q: Can an NRI invest in mutual fund tax savings scheme?

A: Yes, an NRI/PIO can invest in ELSS (Equity Linked Savings Schemes) of Mutual Funds if he or she is willing to avail tax rebate under Section 80C of The Income Tax Act 1961. Currently, the limit is...

Q: How to get In-person verification (IPV) done if the NRI is not in India?

A: NRI can approach authorized officials of overseas branches of Scheduled Commercial Banks registered in India, notary public, Court Magistrate, Judge, Indian Embassy/Consulate General in the country...