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Indian-American judge orders Trump accounting firm to hand over records to Congress

Economic Times

Dave Sharma is first Indian-origin lawmaker in Australia parliament

Times of India

Why is the large Indian-Australian community under-represented in Parliament?

Economic Times

Indian-origin man indicted for $98 million fraud in US

Times of India

Donald Trump to propose merit-based immigration system

Economic Times

Explain H-1B delays & denials, US court orders immigration agency

Economic Times

NRI Guide

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FEMA Guidelines For Outward Remittance
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?
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
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
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
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...

How To Repatriate Money From NRO Account?
How To Repatriate Money From NRO Account?

Repatriation of funds becomes necessary when an individual settled outside India has some immovable assets which he...

Articles

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Ask, Answer & Discover

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Q: Do NRIs who have an account need to open another NRE/NRO account? Can the account be a joint account?

A: As per recent RBI guidelines, NRI should have a separate bank account exclusively for PIS purposes. Transactions relating to their personal banking as well as on account of transactions relating to...

Q: What is the maximum amount that can be received in cash by the beneficiary?

A: The maximum amount that can be received in cash is Rs. 50,000. In case the amount of remittance exceeds Rs. 50,000, the full amount will be paid by way of Pay Order or by directly crediting the...

Q: What is the maximum amount that can be remitted?

A: Any single remittance should not exceed USD 2500 or its equivalent. Also, the number of remittances to a single individual should not be more than 30 in a year

Q: What type of remittances are permitted under the money transfer service?

A: Only personal remittances towards family maintenance and remittances favoring foreign tourists visiting India are permitted under this scheme. Trade-related remittances, remittances towards the...

Q: What is a money transfer service?

A: Money Transfer Service is a quick and easy way of making personal remittances from abroad to beneficiaries in India. These have been approved by the Reserve Bank of India & is available only for...

Q: Can a foreign national of non-Indian origin resident outside India purchase immovable property in India?

A: No. A foreign national of non-Indian origin, resident outside India cannot purchase any immovable property in India unless such property is acquired by way of inheritance from a person who was...