New York, Michigan, California, Florida, Illinois, New Jersey, Texas, Virginia, Pennsylvania, Georgia, Maryland
Country: United States
2018-06-20 To 2018-06-20
Monmouth Junction, New Jersey
2018-06-14 To 2018-07-14
Playa Del Rey, California
2018-06-18 To 2018-06-22
North Brunswick, New Jersey
Times of India
National Pension Scheme is a Government of India approved pension scheme under the Retirement Plan extended for all...
The terms Fair Market Price or Fair Market Value are the estimated price of any product, especially products which...
NRI or a Non Resident Indian is basically a citizen of India who is staying in a foreign land for the purpose of...
It is a unique identification code, a combination of ten alpha numeric characters, given to any individuals staying...
Social Security Number is the number assigned to individuals in the United States of America by the Government of...
Capital Gains Tax or CGT is defined as the implication of tax over the realized profits of the sale of an asset,...
Q: What are the permissible debits/credits to the NRE/FCNR accounts?
A: Permissible Debits
You can freely move funds along with interest earned, anywhere outside India without the prior approval of the Reserve Bank of India (RBI). This movement of funds is subject...
Q: What are the difference between an NRE account, NRO account and FCNR account used by NRIs?
A: A Non-Resident (External) Rupee (NRE) account is a Rupee account opened and operated on a repatriable basis. Such an account can be opened with funds that are either remitted from abroad or local...
Q: What methods can an NRI use to save tax on income from mutual funds?
A: There are two ways to save tax on long-term gains.
>Investment u/s 54EC: Sec. 54EC offers tax exemption if the long-term gains are invested in Bonds of NABARD, NHAI, REC, NHB, and SIDBI within a...
Q: Is there any specific procedure for an NRI to make investment on repatriable basis?
A: The investment should be made by non-resident investors out of Funds remitted from abroad in free foreign exchange through normal banking channels or out of balances held in their NRE or FCNR...
Q: Can i repatriate funds in the NRI account?
A: The principal as well as the interest of the funds in an NRI account can be repatriated only if a person holds either an NRE account or an FCNR account. In case of an NRO account, only interest...
Q: Can NRI trade in currency derivative segment of the exchange?
A: No. NRI's cannot trade in Currency derivatives segment.
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