Category: Personal Finance
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Dual Taxation – USA India NRI’s Complete Guide
Hey there! Mani here. Remember when I first moved back to India after my stint in the US? The biggest headache wasn’t the jet lag or finding the perfect masala dosa – it was figuring out how to handle taxes in both countries! After years of experience (and quite a few confused calls with my…
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Should You Invest in Indian Real Estate Before Moving Back
Hey! Mani here. When I was planning my move back to India, everyone had an opinion about buying property. “Buy now before prices go up!” “Wait till you’re there!” The advice was endless and often contradictory. After helping numerous NRIs navigate this decision and learning from my own experience (including some mistakes!), I’ve put together…
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Should You Liquidate Your US Assets Before Moving to India?
Hey there! Mani here. When I was planning my move back to India, one of the biggest dilemmas I faced was what to do with my US investments. Should I sell everything? Keep it all? Maybe something in between? After helping numerous NRIs navigate this decision and learning from my own experience, I’ve put together…
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How Much Money Should I Save Before Moving Back to India
Hey there! Mani here. Remember when I was packing up my life in the US to head back to India? Trust me, the biggest question keeping me up at night wasn’t about which city to settle in or what job to take – it was about how much money I needed to save before making…
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How to Send 1 Crore+ To India from Abroad
So, you’ve been saving up in the U.S., and now it’s time to send a significant amount – say, ₹3 crores – back to India. Maybe it’s for your parents’ retirement, an investment, or just securing a nest egg for the future. But before you hit that “Send” button, let’s break down how to do…
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Union Budget 2025: What NRIs Need to Know Before Moving Back to India
So, you’re thinking about moving back to India or investing here? The Union Budget 2025 just dropped some major updates that could impact your taxes, investments, and lifestyle. Let’s break it down, NRI-style—no jargon, just what actually matters to YOU. 1. Big Tax Relief – More Money in Your Pocket ✅ No income tax up…
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New Tax Regime Slabs for NRIs: Complete Breakdown💰
After spending a decade abroad and helping countless NRIs navigate the tax maze (and making every possible mistake myself!), let me break down India’s NRI taxation system in simple terms. Quick Takeaways for Busy NRIs 📝 Before we dive deep, here’s what you really need to know: Plan your taxes with NRI banking New Tax…
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Xoom vs Remitly: Which Is Better for Sending Money to India?
Hey there! Mani here. Let me break down everything about these two popular money transfer services in a way that makes perfect sense. This guide will help you choose the right service for sending money back home. Understanding International Money Transfer Services International remittance services have become increasingly important in our connected world, especially for…
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Transaction Reference Number (TRN) for NRIs: Complete Guide
If you’ve ever sent money to India and wondered whether it actually reached, you’re not alone. That moment of doubt – “Did the transfer go through?” – is something every NRI experiences. The answer to that question often lies in one simple thing: your Transaction Reference Number. Let me explain everything you need to know…
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Purpose Codes Decoded: NRI’s Guide for Money Transfers
If you’ve ever sent money to India or received it from abroad, you’ve probably seen a dropdown asking you to select a “Purpose Code.” Most people just pick something that sounds right. That’s a mistake. Purpose codes aren’t just bureaucratic formalities. They determine how fast your money moves, how much tax you pay, and whether…