NRI Guide

View All
Best Health Insurance Plans For International Students In USA

International Health Insurance is designed specifically to come up with inclusive of all healthcare cover benefits...

New Immigration Rules Saudi Arabia

New immigration policies are some of the major steps towards new resources. Saudi Arabia has decided that tourism...

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...



Ask, Answer & Discover

View All

Q: When should i pay taxes on my income?

A: The taxes on income can be finalized only on the completion of the previous year. However, to enable a regular flow of funds and for easing the process of collection of taxes, Income-tax Act has...

Q: Can I claim a deduction for my personal loan and household expenditure while calculating my taxable income?

A: No, you cannot claim the deduction of personal expenses while computing the taxable income. While computing income under various heads, the deduction can be claimed only for those expenses which...

Q: What is rebate under section 87A and who can claim it?

A: An individual who is resident in India and whose total income does not exceed Rs. 5,00,000 is entitled to claim rebate under section 87A. Rebate under section 87A is available in the form of a...

Q: Can an NRI claim rebate under section 87A?

A: Rebate under Section 87A is available only to the resident Indians, so an NRI cannot claim rebate under section 87A.

Q: Can an individual resident Indian borrow money from NRI?

A: An individual resident Indian, may borrow in rupees on non-repatriation basis from an NRI or a PIO, subject to the fulfillment of certain conditions such as the period of loan shall not exceed 3...

Q: Can an NRI purchase capital instrument issued by an Indian company?

A: Yes, an NRI/ OCI including a company, a trust and a partnership firm incorporated outside India and owned and controlled by NRIs or OCIs may subscribe or purchase capital instruments of an Indian...