Non Resident Indians

Best investment Strategies for NRIs: As two NRIs share their experiences of managing investments in India, experts highlight the importance of updating financial institutions about NRI status, evaluating existing investments, and exploring investment options like PPF, NPS, and mutual funds.

NRIs high-five NPCI decision to allow UPI on international mobile numbers

NRIs are likely to use UPI only for small ticket size purchases due to the daily transaction limit. Also, NPCI needs to address the tech glitches that plague the platform, which peaked on new year’s eve

As NRO deposit rates go up, these banks offer up to 7.7% interest on five year tenor

The average interest rates of top 10 banks is 7.07 percent for fixed deposits with five-year tenor, according to data compiled by BankBazaar

Investing abroad series: Use NRO account for family expenses and NRE account for investments

Opening an NRE or NRO account helps NRIs in multiple ways. For instance, you can transfer your foreign earnings to India for periodical expenses of dependent family members or for making investments in India.

Real estate investment | Bengaluru top choice of NRIs; 50% investors in commercial realty are millennials: Report

The survey also found that 60% of the NRIs opting for fractional commercial real estate investment included engineers, tech professionals and consultants.

Dos and don‘ts for NRIs investing in Indian realty

The realty market in India, has always seen considerable interest from the Indian diaspora, as an investment avenue.

NRIs can now join NPS online through eNPS: Finmin

Till now, NRIs could open NPS accounts only through paper applications by approaching Bank offices.

Are you an NRI? Here is how to buy property in India

Article explains the entire process from buying property to selling property, and of course the tax matters.

Banks have no claim on overseas assets, says Mallya

In the affidavit Vijay Mallya said, as he is a Non-Resident Indian (NRI) he is not obliged to disclose overseas assets and seeks to file details of assets in a sealed cover.

Non residents can take benefit of the basic exemption limit

If you are a non resident Indian and has a PAN, you can file your income tax returns and also enjoy benefit of the basic exemption limit.

Critical details to watch while investing in MF for NRI

Non-resident Indians may be keen to invest in Indian mutual funds given the possibility of making high returns. However, one must be aware of the legal and compliance requirements.

RBI allows Pipavav Defence to raise foreign shareholding

As per the earlier FDI policy in the defence sector, foreign investment up to 49 percent was permitted under government approval route.

RBI allows NRIs to subscribe to National Pension System

NRIs may subscribe to the NPS governed and administered by the Pension Fund Regulatory and Development Authority (PFRDA), provided such subscriptions are made through normal banking channels and the person is eligible to invest as per the provisions of the PFRDA Act, it said.

NRI Guide: Repatriation of funds post realty sale in India

Selling a property in India and taking money out of India is a grey area for many non resident Indians. Here is how you can do it in a compliant manner.

Steve Waugh launches real estate portal for NRIs

In an interview with CNBC-TV18‘s Kevin Lee, Waugh said that the portal will cater to non-resident Indians (NRIs) interested in properties in India.

RBI allows NRIs to invest in chit funds

The Reserve Bank on Thursday allowed non-resident Indians (NRIs) to invest in chit funds on non-repatriation basis without any ceiling, a move that will encourage flow of capital into the country.

Here is how NRI income is taxed in India

Non resident income in India can be classified into two categories. And one would be better off learning about the rules that decide how much tax is to be recovered from non resident.

Review & Outlook 2014: Bangalore residential property

Bangalore is also the third-largest real estate investment hub for High Net worth Individuals (HNIs) and tops the list in terms of investments from Non Resident Indians (NRIs) looking at settling down in India in the future.

New dollar window a big boost for banks

Under this window, banks can swap the dollar deposits raised from non-resident Indians with rupee deposits. And for this hedge, banks will have to pay RBI an interest at just 3.5 percent per annum, against current hedging costs of 7 percent. This will bring the total cost of FCNR deposits down to around 9 percent.

Here are some guidelines to NRIs buying property in India

Balwant Jain of apnapaisa.com gives out a list of guidelines to NRIs intending to buy property in India. He lists out the respective norms that the RBI has listed for the same.

Two year GAAR deferral good news, says ALMT Legal

The general anti-avoidance rules will now apply as Dr Shome had said from the year 2016-2017 and it will not apply to Foreign Institutional Investors (FIIs) and Non Resident Indians (NRIs). In an interview to CNBC-TV18, Aliff Fazelbhoy of ALMT Legal said that it will increase FII investment through GAAR.

Rupee's loss adds to SBI's gains in NRI deposits

India's largest lender SBI's deposit base for NRIs expanded by a robust Rs 7,000 crore to around Rs 70, 200 crore so far in 2012-13. Encouraged by the response, it now plans to mobilise Rs 16,000 crore of such deposits as against Rs 12,000 crore targeted earlier for the current year.

India may issue bonds for non-resident Indians

India is considering to issue bonds for non-resident Indians through state-run banks at around 7-9% interest rate, a source close to the development told Reuters.

All about taxation on NRI accounts!

There are different types of bank accounts that are used by Non Resident Indians (NRI) and the two most common ones are the Non Resident Ordinary (NRO) and the Non Resident External (NRE) bank account.

How can NRIs benefit from investing in Indian real estate

The fact remains that the real estate prices in the world are sinking. But the real estate Investment in India is ringing. This is the reality of the situation. To encash of this reality the Non-Resident Indians (NRIs) should now think of making investment in India in the real estate sector.