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Non Resident Indians (nri)

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Know the difference between NRE and NRO account
May 20, 2013 at 12:08 | Source: Moneycontrol.com
Many NRIs are often faced with the situation of maintaining a Rupee account in India. There are two options available with NRI interested in opening bank account in India - NRE or NRO account. Read this space to know the difference between these two accounts and know when to choose what account.
Indian Bank revises FCNR (B) deposit interest rates
May 02, 2013 at 19:39 | Source: PTI
Indian Bank has revised its interest rates on foreign currency non-resident (banking) term deposits with immediate effect.
What NRIs looking to invest in India should know
Apr 23, 2013 at 12:04 | Source: Moneycontrol.com
My doctor niece Neeta, married to a US resident, wanted to invest some of her earnings in India, which she discussed with me on her recent trip to India. Though she has retained her Indian Passport for the purpose of foreign exchange, she is treated as NRI.
RIL Q4 non-event; be wary above Nifty 5700: Experts
Apr 16, 2013 at 19:25 | Source: CNBC-TV18
Indian indices, which ended positive on second consecutive day, will continue to gain buoyed by positive macro cues and likely deferment of tax residency certificate for two years; however earnings of index bellwether Reliance Industries may prove to be a non-event for the market, experts said.
Dhanlaxmi Bank to issue 85 lakh shares to mobilise Rs 51cr
Mar 31, 2013 at 13:43 | Source: PTI
Private sector Dhanlaxmi Bank Ltd will issue 85 lakh equity shares to five individuals, including a Non-Resident Indian B K Raveendran Pillai, to mobilise Rs 5l crore, a top bank official said today.
Tax Implication on NRI investment in Mutual Funds
Mar 20, 2013 at 11:12 | Source: personalfn.com
Being an NRI, before you make your investment in Indian mutual funds, it is imperative to know about the gains you make on your mutual fund investments subject to taxes. Read this space to know what tax rates are applicable on short term as well as long term capitals gains on your investment in equity and non-equity mutual funds.

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