Category Archives: NRI Updates

Have you filed for bankruptcy and are wondering if you will ever be able to own a home again? Here is what you need to know to get a mortgage loan after bankruptcy! If you have filed for bankruptcy, you … Continue reading →

MUMBAI (Reuters) – The rupee fell on Monday, tracking weak Asian units and the dollar’s overseas gains against majors, with concerns of likely capital outflows as the year-end approaches also weighing on the sentiment. Foreign funds are looking to wind … Continue reading →

Eyeing a greater share of the remittances pie from the diaspora, private sector lender Kotak Mahindra Bank has upgraded its online remittance portal for Non-Resident Indians (NRI). The facility, christened ‘Click2Remit’, will enable NRIs to remit in nine currencies like … Continue reading →

Non-resident Indians (NRIs) can take a rupee currency insurance policy in India. All individual schemes marketed by insurance companies in India are available to a NRI holding an Indian passport. Foreign nationals of Indian origin can also take insurance policies … Continue reading →

Overseas Indians would now be severely restricted with regard to their length of stay in India if they were to avoid paying income tax on their global income. A Bill to that effect was introduced in the Indian Parliament last … Continue reading →

The recently released DTC Bill has unraveled some unpleasant surprises for the NRIs, Rohit Bothra, senior tax professional with Ernst & Young lists down the proposed changes, which the NRI community need to be vigilant about. The much awaited Direct … Continue reading →