etc., in the NRO Account. You can also use funds from the account to pay for expenses and investments in India. Also, repatriate up to USD 1 million in a financial year to AED under the Liberalised Remittance Scheme. The interest income on NRO Accounts is tax deducted at source (TDS)...
There is no minimum investment amount criteria for opening an ICICI Direct 3-in-1 account. While you can open a repatriable or non-repatriable Demat account, you must get a basic Portfolio Investment Scheme (PINS) account to buy shares from the secondary market. Here are the different type...
Consult a tax expert for individualized advice on international and resident taxes when you live outside of India. Tax Consideration for NRIs investing in India NRIs must pay tax on income earned from the Indian capital market. The capital market transactions are subject to Capital Gains Tax. T...
Eligibility Criteria for NRI Home Loan NRIs need to fulfill below mentioned eligibility criteria to avail an NRI home loan in India. Nationality: The applicant must be Non-Resident Indian (NRI) or a Person of Indian Origin (PIO). Age: The applicant's age should be usually between 21 years...