If you have held the fund for more than three years, you will be taxed at 20% with the indexation benefit. DTAA guidelines may also apply for NRI mutual funds in which you have invested. If your current country of residence has signed a Double Tax Avoidance Agreement with India, you ...
Most banks ask for a resident co-applicant or an NRI guarantor who will need to provide identity, address, and income proofs. Can the rental income from non-movable property be remitted outside India? Income earned as rent on real estate investments by Non-resident Indians (NRIs) will need...
Mozumder, Suman Guha
Hemant Beniwal, CFPCMis the founder of wiseNRI, a leading Indian financial planning firm. He has been in the personal finance industry for around two decade and is among the first generation of financial planners in India. Apart from developing financial plans and guiding clients to meet their ...
Non Resident Indian (NRI) Investment in immovable property and Real Estate market in India, Real Estate News, NRI banking, Finance, Investment, Tax, Repatriation Issues and information for NRIs and Persons of Indian origin (PIO)
to provide customized financial advisory services to Corporate, NRI, HNI and Retail clients. Our expertise lies in the Mutual Funds though we also provide an all inclusive range of capital products ranging from Insurance, Govt. Bonds, Fixed Deposits, Structure Products and Tax Saving Plans. ...
Everyone wants a carefree and relaxed retirement and a number of people buy pension plans thinking that their pension plan. Read More SECURING CHILDREN FUTURE Parenthood bring both joys and challenges. The joy of watching your children grow is often accompanied by worries of their future. ...
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Do debt funds have a lock in period? Most of the debt funds are open-ended and do not have lock-in period. Fixed Maturity Plans are one kind of debt mutual funds schemes with a pre-specified tenure. The basic objective of FMPs is to generate steady returns over a fixed period, thus...