Category: Personal Finance
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Filing Income Tax Returns in India as an NRI: Step-by-Step Guide
When I filed my first tax return as an NRI, I was completely overwhelmed by the process. After helping dozens of NRIs navigate this annual ritual and learning from my own mistakes, I’ve created this practical guide to make the process clearer. 💡 Quick Tip: Start gathering your financial documents at least a month before…
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Social Security Tax for NRIs: What Happens After Moving to India
Hey there! Mani here. When I moved back to India, figuring out my Social Security obligations was one of my biggest tax headaches. Do NRIs need to pay Social Security Tax in the USA after moving to India, is one of the most repeated questions in our WhatsApp groups. After navigating this complex territory and…
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Understanding the India-USA Double Taxation Avoidance Agreement (DTAA)
Hey there! Mani here. The Double Taxation Avoidance Agreement between India and the US often seems like a maze of legal jargon. After helping numerous NRIs navigate this treaty and dealing with it personally, I’ve learned how to break it down into practical, understandable terms. 💡 Quick Tip: Always refer to the latest version of…
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Avoiding Double Taxation: A Comprehensive Guide for NRIs
When I first started dealing with taxes in both India and the US, I was terrified of paying taxes twice on the same income. After navigating this complex landscape and helping other NRIs optimize their tax situations, I’ve learned the ins and outs of using the Double Taxation Avoidance Agreement (DTAA) effectively. 💡 Quick Tip:…
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Indian Income Tax 101 for NRIs Taking Up Jobs in India
Hey there! Mani here. Remember my first tax filing after moving back to India? I was so confused that I almost booked a return ticket to the US! But after figuring it out (and making a few mistakes along the way), I want to share everything you need to know about handling your taxes when…
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Should You Keep Your US Bank Accounts After Moving to India?
Hey there! Mani here. When I was packing up my life in the US to move back to India, one question kept bugging me: “Should I close my US bank accounts?” After years of helping other NRIs with this decision, I’ve got some practical insights to share! 💡 Quick Tip: Before making any decisions, list…
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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…