Mozumder, Suman Guha
However, you would have to adhere to the FEMA rules to invest. Let’s check out the rules so that investment in mutual funds becomes a breeze. Also read - Some unconventional yet popular avenues for NRI investments in India FEMA rules for NRI investment in mutual funds Given below ...
A Non-PIS account is an ordinary NRI saving account opened with any bank in India. The transaction with a non-PIS account is not reported to RBI. With regards to investments, the NRO Non-PIS account can be used to invest in equity, shares, IPOs, mutual funds, and bonds on a non-r...
provided such person is eligible to invest as per the provisions of the PFRDA Act and the annuity/accumulated saving will be repatriable, subject to the FEMA guidelines, the Finance Ministry said.
Pitt was in India last in 2006 with his then girlfriend and actress-filmmaker Angelina Jolie, who later on went on to become his wife, daughter Zahara and son Maddox. They were in the country for few month for the filming of “A Mighty Heart”. ...
As an NRI, you can choose to invest in India either on a repatriable, or non-repatriable basis. You can repatriate the income earned through the investment, or opt for non-repatriable investments, where the gains are retained in India. ...