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So far, Indian diplomatic missions abroad had a role in inter-country adoption of Indian children limited to children adopted by Non-Resident Indians (NRIs), Overseas Citizen of India (OCI) or foreign parents.
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More than three-fourths (78%) of non-resident Indians (NRIs), who are looking to invest in real estate in the country, wish to do so in their hometown. Among the NRIs who are investing for the R
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While Indian real estate developers are going all out to woo rich Indians and expat professionals, they seem to have gone completely off target, when it comes to understanding the long-term housing needs of R
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The Indian property market has always been quite attractive for non-resident Indians (NRIs). The only concern, has been with the opaque nature of the business, with its lack of information and scientific process of R
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The government has prepared an ordinance, whereby a person holding more than 10 notes of demonetised currency after the December 31, may have to pay a penalty of Rs 10,000, or a fine upto Rs 50,000 for false declarations made during the grace period.
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The Indian government unabashedly woos the Indian diaspora to invest in various sectors in India and is considering easing norms further. Yet, the government makes Non-Resident Indians (NRIs) jump through hoops when it comes R
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The July-September CAD is lower than USD 8.5 billion, or 1.7 percent of GDP, in the same quarter of last fiscal.
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Non-resident Indians (NRIs) may often find it impractical to physically come and see a property, while scouting for one, even if they have a keen interest in the Indian property market. Hence, developers are R
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Rekha Parihar, a non-resident Indian (NRI) from Dubai, had finalised the purchase of a luxury sea-facing apartment in Worli, Mumbai. However, when she surfed the internet to check the credentials of the developer and R
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Some of the recent trends in the Indian property market, seem to suggest that non-resident Indians (NRIs) are shifting their investment from Bengaluru to Coimbatore and Kochi, owing to the lower ticket size in R
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Ahmedabad, which has traditionally been a cost-conscious property market, dominated by the mass and mid-segment housing, has suddenly witnessed a flurry of launches in the luxury segment. Moreover, this shift has happened at a R
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Presently, Indian real estate is a very popular investment option for most NRIs. However, since they live abroad, it becomes more important for them to do proper due diligence before risking their money. R
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When a non-resident Indian (NRI) opts to purchase a property in India, there are several regulations that govern how such a purchase can be financed. Sources, for financing a real estate investment in R
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In an interview with CNBC-TV18, Binay Chandgothia said that if the yield environment remains as benign as it has been over the last few months then there is more potential for inflows to continue in India till the end of this year.
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While BJP is celebrating its success in Assam, the Sena claimed that the party failed to do well in four other states. "BJP was only able to win Assam but failed to secure a major chunk of seats in other states despite BJP President Amit Shah's big push,†the editorial said.
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As an NRI returning to India, you can retain all your overseas assets including properties, market investments, stocks etc, provided you acquired them when you were residing outside India
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Rajesh Simhan, head - international tax at Nishith Desai says as things stand, the matter is already with the Supreme Court and a number of rulings prior to this are in favour of the tax payer.
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Financial advisor Arnav Pandya explains regarding the parameter of being present in India for a stipulated time to qualify as a non-resident Indian.
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CNBC-TV18's Rituparna Bhuyan and Siddharth Zarabi report though the Jet-Etihad deal may be facing headwinds on several issues, forceful policy intervention by commerce and industry minister Anand Sharma has ensured the proposed JV will receive approval.
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Are you a NRI? Are you confused on what to do with your bank accounts? Here is the quick guide on different types of NRI accounts and how to go about opening them?
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Real estate investment for long has been a favorite asset class for the Indian, and that love does not wane even as he transforms to being a non-resident Indian.
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ICICI Prudential Life Insurance today said that it would target the Non-Resident Indian (NRI) segment by offering annuity solution--ICICI Pru Immediate Annuity--which addresses the needs of NRIs by ensuring a regular flow of income to ageing parent(s) in India, a press release issued here stated.
