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Times of India
The correction of date of birth in Indian passport is definitely possible, in the event that a wrong DOB in passport...
Many are unsure whether they can get international driving license in India. Further, there are also some confusion...
If you hold a foreign passport, but you are Indian by descent or birth, then you may be eligible to get an OCI card....
The legal aspects of buying property in India are slightly different for NRIs when compared to ordinary Indians. One...
One of the major concerns in many NRIs mind is the question of the complete cost inflation index chart, as evidenced...
Know the primary difference between FATCA and FBAR, and these are the two methods adopted by the US government in an...
Q: What is the rule of repatriation if I take loan from an Indian Bank to buy property in India?
A: Proceeds can only be repatriated if the loan amount is completely paid off through your NRO account. OR If you transfer the funds from abroad.
Q: How long does it take to get a green card after approval?
A: In most cases, the card arrives within two to three weeks of the approval of your case. If you do not receive your card within three months, you should call the USCIS and inquire about the status...
Q: Can a person of Indian origin resident outside India gift properties acquired earlier in terms of the provisions of FERA/FEMA?
A: Yes, Property acquired can be gifted to other individuals who are residents of India, or are PIOs residing outside of India. Agricultural land, farm houses and plantation properties can also be...
Q: How does the Indian tax system work on world income if an individual who is an Indian citizen living abroad for several years decides to move back to India?
A: According to provisions of Income Tax Act any person who is in India for 182 days or more during the previous year will become Resident of India. In case of person who is Resident India the world...
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...
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