Are you an NRI who has already invested or is considering investments in mutual funds? Do you depend on investment adviser for investment decisions? It’s imperative that you have knowledge of some important parameters for evaluating and selecting the best Mutual Funds suitable to your objectives.
Posts Tagged ‘nri’
Tax exemptions available for an NRI
January 28th, 2008 
Tushar Mathur 
Incomes of NRIs are exempt from income tax interest on various specified securities or bonds. NRIs enjoy tax exemptions from property investment and other assets including dividend income, interest income, and even gifts!
Indian Bank Accounts for an NRI
January 22nd, 2008 Tushar Mathur Here is some basic information of the various accounts that an NRI can hold in India.
The type of accounts:
- Non-Resident External (NRE)
- Non-Resident Ordinary (NRO)
- Foreign Currency Non-Resident (FCNR)
NRE Savings Account
Whether you are a salaried employee, a professional, an entrepreneur or even a student, an NRE account is something that can benefit you immensely since it offers significant Advantages:
- Get higher interest rates
- Interest earned is not taxable in India
- Use any currency to credit the account.
- Maintained in Rupees, giving you a liberty to Invest in India
- You can always take the money back overseas, whenever you wish to
- Empowers your family to access your account anytime, anywhere in India
- You can maintain a minimum balance of Rs.
Posted in NRI Banking 
Tags: accounts, Australian Dollar, Bank Accounts, banking, Canadian Dollar, currency, Dividends, Entrepreneur, Foreign Currency, Gbp, india, India Currency, Indians, Maturities, Minimum Balance, money, Nre Account, nri, Nro Accounts, Pound Sterling, rupee, Rupees, Salaried Employee, Savings Accounts, Zero Balance Account 
Comments OffDocuments required for buying a Home in India
January 16th, 2008 Tushar Mathur 
For all you NRIs that are looking to buy a home or a flat in a fancy apartment complex or any other type of real estate in India, here are the documents that you would need.
Advantages of Investing in India
January 12th, 2008 Tushar Mathur 
India has a 20 million-strong scientific and technical manpower, more than the population of Taiwan. The number of literates in India is more than the combined population of France and Japan.
Want to Invest in India? Get a PAN Card first
January 8th, 2008 Tushar Mathur At the beginning of each year, I usually invest a certain amount of money to buy Index Mutual Funds in India. This year when I went to do that , I was told that they need to have a copy of my PAN card even though I’m an NRI (Non Resident Indian).
Posted in NRI Investing Tags: banks, income, india, Mutual Funds, nri, NRI Investing, online, PAN, tax Comments Off
