Tag: Investment
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Best NRI Full-Service Brokers in India
India has witnessed an increasing influx of investments from its non-resident population over the past decade. This rise in investments has, in turn, paved the way for several brokerage firms, both full-service and discount, to cater to the specialized needs of the NRI community. Let’s navigate the maze of NRI brokerage options available in India.…
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Zerodha vs. Groww – Which is Better?
Investing in stocks, a decade ago, meant visiting your broker’s office, making endless calls, and managing heaps of paperwork. Today, it’s as simple as a tap on your smartphone screen, thanks to platforms like Zerodha and Groww. But which one reigns supreme in the world of online stock trading? Let’s dive into an in-depth comparison.…
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How to Start Investing When Returning to India
If you’re reading this, chances are you’re planning your move back to the homeland after a stint abroad, and you’re looking to make the most of your hard-earned savings. Well, you’ve come to the right place. I’ve been there, and I’m here to guide you through the intricate maze of investment options in India, specifically…
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Can NRI invest in RBI bonds
NRIs may be interested in investing their money in RBI bonds, which are government bonds issued by the Reserve Bank of India (RBI). Fortunately, NRIs are allowed to invest in RBI bonds, subject to certain conditions. Here’s how to. In order to invest in RBI bonds, NRIs must first obtain a “PAN” number. This is…
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Can NRI invest in PPF
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…
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Can NRI invest in Indian stocks
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 Investment Scheme (PIS) and the Foreign…
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Can NRI buy property in India
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 land. However, it should be noted…
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Can NRI Buy Agricultural Land in India
If you’re an NRI with an interest in buying property in India, you may have wondered whether it’s possible to purchase agricultural land. While NRIs can buy residential and commercial property, agricultural land falls under a special category, and the rules around it are quite strict. In this article, we’ll break down the rules and…