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NRIs may purchase residential and commercial property in India, but not agricultural land. NRIs may also purchase multiple properties. Non-Resident Indians are able to get a loan to purchase the …
We enjoy receiving gifts. Gifts may involve a great deal of emotion and custom. When it comes to gifts of currency or property, however, we must consider mundane and practical …
What is Liberalised Remittance Scheme(LRS)? The Liberalised Remittance Scheme (LRS) is a facility offered by the Reserve Bank of India (RBI) that allows resident Indians to remit a certain amount …
The global situation is extraordinary. Never before has an event had such global repercussions. The coronavirus pandemic has ravaged the majority of nations on earth. It is causing medical problems, …
What is Double Taxation? If you are an Indian and a resident in another country(NRI) with multiple sources of income in both countries, you may be taxed twice – once …
When performing financial planning for NRIs, there is still another often asked question: “I Am an NRI. Do I Need Health Insurance in India?” A significant financial choice is to …
India’s National Pension Scheme is a defined contribution pension system with voluntary participation. The National Pension Scheme, like the PPF and EPF, is an EEE instrument in India where the …
The Public Provident Fund (PPF) is an investment and savings plan. It is provided by the Indian government. It is considered a secure investment option because the government guarantees it …
