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: 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...

Q: How to get KYC and FATCA requirements fulfilled in India?

A: NRIs on a visit to India can simply contact a mutual fund distributor or visit any mutual fund registrar officer with the aforesaid documents and complete the KYC and FATCA process. Documents...

Q: Does an NRI is eligible to invest in foreign currency?

A: No, an NRI is not eligible to invest in foreign currency. For an NRI, it is necessary that he or she should maintain his/her bank account in India. If we wish to invest in mutual funds, he requires...

Q: Are NRIs and Fiis eligible to invest in mutual funds in India?

A: According to the regulations issued under the FEMA Act 1999 and the Wealth-tax Act, 1957 some special provisions are mandated by the authority for NRIs, PIOs, and FIIs that permits them to invest...

Q: Can an NRI maintain a savings account in India?

A: As per FEMA regulations, when a resident's status changes to NRI, then the resident savings account should be converted to NRO account. So, an NRI cannot maintain any savings account in India. NRO...