#NRI | wealthNestate

NRIs & Benami Property in India

The Prohibition of Benami Property Transactions Act, 1988 was amended in 2016 which gave the required teeth to Government to tackle the...

NRI returning to India for permanent settlement (Transfer of Residence)

Transfer of residence (1)A person who is transferring his residence to India shall be allowed clearance free of duty, in addition to what...

NRI Property Buying & TDS Impact

Buying non-resident’s flat? Check tax impact Individuals who have purchased property from non-residents find themselves grappling with...

NRI & PROPERTY SALE ON POWER OF ATTORNEY

SUPREME COURT: NO PROPERTY SALE ON POWER OF ATTORNEY GPA will not be valid unless it`s a Registered PoA. No property sale on power of...

NRI & CUSTOM & BAGGAGE RULES

ALLOWANCES FOR TOURISTS (NRI`s) For detail look at official website of Customs at: http://www.cbec.gov.in/resources//htdocs-cbec/guide_fo...

Foreign Exchange & Remittances for NRIs

NRI Related-Outward Remittances, 15CA & CB, Documentations, 15CA & CB, Coordination with Banks Liberised Remittance Scheme (LRS) RBIs...

NRI Investment Options for Long & Short term in India

An NRI can invest in India through two different routes: one is the “automatic route,” where no government approvals are required, and...

NRI & Taxation

NRI & Taxation Who is an NRI? A Non Resident Indian (NRI) as per India’s Foreign Exchange Management Act 1999 (FEMA), is an Indian...