Times of India
International traveler need to mandatory undergo customs check while traveling through international passages and...
With the growing population of visitors (for various reasons such as education, career, and medical, among others) to...
Every country has mandated instructions for any visitor visiting the country which needs to be followed by the...
Green Card or a Permanent Resident Card is issued to all the permanent residents of USA which serves as a proof that...
Repatriation of funds becomes necessary when an individual settled outside India has some immovable assets which he...
A Passport is a very important document, more so in order to prove and certify the identity of the passport holder....
Q: Can Indian company take a loan from a foreign bank?
A: Yes, an Indian company can borrow loans in foreign currency from a foreign bank. These are known as foreign currency term loans or external commercial borrowings.
Q: What are the documents required for a home loan for NRI?
A: The following are the documents required to get home loans for an NRI:
* Employer Identity Card
* Attested copy of passport and visa
* Address proof mentioning the current overseas address
Q: Can NRI take a loan against property?
A: Yes an NRI can take a loan to buy residential/commercial property in India. Many prominent lending institutions in the country offer the facility of loan against the property to NRI's at attractive...
Q: Can NRI get a loan in India?
A: Yes an NRI can get a personal loan in India. Personal loan for NRIs is a good option to receive quick financing for different requirements.
Q: Is salary received in NRE account taxable?
A: Remittance made in foreign currency to NRE account cannot be considered as income received in India. Income earned by the NRI is not taxed at every point of receipt.
Q: Do I have to pay taxes on money earned overseas?
A: If you are an NRI and working in a foreign country, the rules for filing tax returns and paying taxes are generally the same. However, you may qualify to claim a foreign income exclusion.
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