NRI

Yes, Non-Resident Indians (NRIs) can get a credit card in India. Credit cards are an important financial tool for NRIs who have to manage their finances from abroad. They can use credit card to make purchases or withdraw cash while they are in India. Credit cards are issued by banks and other financial institutions in India. To get a [...]

An NRE Account is a type of bank account specifically designed for Non-Resident Indians (NRIs). This type of account allows NRIs to save and invest their money in India, while still keeping it tax-free. An NRE Account can be opened by any Indian citizen who has been living abroad for more than six months, and it can be used to transfer [...]

NRI, or Non-Resident Indians, are allowed to open savings accounts in India. In fact, NRI savings accounts are designed specifically to meet the needs of NRIs who have left India, but still have financial interests in the country. NRI savings accounts can be opened with both public and private sector banks in India. The process for [...]

Non-Resident Indians (NRIs) are allowed to open a Public Provident Fund (PPF) account in India. A PPF account is an investment vehicle with government-backed security and attractive tax benefits. It is open to all Indian citizens, including NRIs. NRIs can open a PPF account either directly at the post office or through their bank. In [...]

Yes, Non-Resident Indians (NRIs) can invest in Indian stocks. The Indian government allows NRIs to invest in Indian stocks and other financial instruments like mutual funds, debt instruments, and derivatives, provided they meet certain requirements. NRIs are allowed to invest in Indian stocks through two different routes: the Portfolio [...]

Non-Resident Indians (NRIs) are permitted to purchase and own property in India. This is regulated by the Foreign Exchange Management Act (FEMA) of 1999, which governs all foreign exchange transactions in India. Under FEMA, NRIs can purchase any kind of property in India, including residential, commercial, industrial or agricultural [...]

Non-Resident Indians (NRIs) are required to file taxes in India, regardless of their place of residence. This is due to the fact that Indian citizens are subject to the Indian tax regime and are liable to pay taxes on their income, regardless of where it was earned. Income earned in India by NRIs is liable for taxation in India and must [...]

NRIs (Non-Resident Indians) can get Aadhaar cards. However, they are required to follow certain steps and provide certain documents in order to apply for and receive an Aadhaar card. The first step is to register for Aadhaar. This can be done at any Aadhaar center or online via the UIDAI website. To register, NRIs must provide proof of [...]

NRI’s (Non-Resident Indians) are allowed to purchase agricultural land in India, however there are certain conditions that must be met. Under the Foreign Exchange Management Act (FEMA), NRI’s are allowed to purchase agricultural land, plantation property and farmhouses in India. However, they are not allowed to purchase [...]