New York, Michigan, California, Florida, Illinois, New Jersey, Texas, Virginia, Pennsylvania, Georgia, Maryland
Country: United States
NRO Account, NRE Account
Q: What are the tax policies on fixed deposits for an NRI?
A: Interest on Fixed deposit is chargeable to tax under the head income from other sources. Generally, the bank will deduct tax at source @ 10% from the interest.
Q: Which is the best way to start investing in the Indian markets?
A: For instruments of equity you should have a minimum time horizon of 5 years. Returns expected can be anything between 20-30% per annum on a compounded basis. In case you are planning on short term...
Q: Can an NRI use his PIO status to gain dual citizenship i.e Indian citizenship and citizenship in his country of residence?
A: A bill is passed to grant the dual citizenship to PIOs and has got approved by the president, and this will help grant to PIOs of full age and their children dual citizenship. However, The rules,...
Q: What is the procedure for an NRI to acquire immovable property in India by way of lease or not exceeding 5 years?
A: There is no difference in the procedure. It's the same as any other Indian citizen would buy the property.
Q: Are OCBs required to produce any certificate regarding ownership / beneficial interest in them by NRIs?
A: Yes. In order to establish that the ownership/beneficial interest in any OCB held by NRIs is not less than 60%, the concerned body/ trust is required to furnish a certificate from an overseas...
Q: Are persons resident in India required to surrender foreign exchange acquired/held by them?
A: Yes. Residents receiving foreign exchange from abroad by way of gift, inheritance, remuneration for services rendered, etc. are required to bring it to India within three months acquiring the...
Q: Are Returning Indians permitted to acquire fresh foreign currency assets by remittance from India?
A: Yes, provided the funds for the purpose are drawn out of their Resident Foreign Currency Accounts
Source : Reserve Bank Of India
Q: Do resident donees or legal heirs require the Reserve Bank permission to receive or hold foreign currency assets by way of gift or inheritance from Returning Indians or from those holding assets since prior to July 8, 1947 with the permission of the ..?
A: No. Resident donees or legal heirs of the persons covered under the general permission/exemption granted by the Government of India can continue to maintain their foreign currency assets provided...
Business and Finance
Immigration & Visa
Return to India
Indian-origin man arrested after infant's death in US - Times of India
American Pai in the sky: The Indian-American who has ignited furious debate by seeking to torch net neutrality - Times of India
Kennedy Center receives $1 million aid for Indian cultural performances - Times of India
Congressional committee votes to increase minimum salary of H1B visa - Economic Times
Japan to relax visa regime for Indians from January 1 - Economic Times
Impact Of FATCA On NRI Property in India
Power of Attorney for NRI to Sell Property in India
Which Bank is Safe For Fixed Deposit in India
Repatriation of Pension from India to USA
OCI and PIO Merger
5 Steps to Get your Indian Passport Renewal in USA
5 Most Famous Hindu Temples in USA
How to Get Aadhar Card for NRI
10 Important Things NRIs Buying Property in India Must Know
Tax Rules for NRI to Buy/Sell Property in India
Telugu Association Membership
New Jersey Telugu Association Membership - 2017
, New Jersey
2017-12-31 To 2017-12-31
Winter Mela 2017
2017-12-17 To 2017-12-17
Masquerade New Years Eve Gala
Annual Home Tour
Annual Candle Light Home Tour
Desi New Years Gala
Desi New Years Gala - A Bollywood Style Venetian Masquerade Ball
, New York
2017-12-31 To 2018-01-01
Disclaimer - The content on this site is for informational purposes only.
Copyright © 2017 Videshi.com
Please login to make this action
You can save this page with current page title or you can create new page title.