What Changed?Until recently, NRIs investing in Indian mutual funds—especially debt or hybrid funds—had to pay capital gains tax, often at higher slab or indexation rates. But with recent regulatory changes and smart tax strategies, NRIs can now legally pay zero tax on specific mutual fund investments. This isn’t a loophole. It’s the result of better structuring, use … Read more
For many NRIs, receiving income from India can be frustrating when a significant portion gets deducted as Tax Deducted at Source (TDS). Whether it’s rent from your property, interest from deposits, dividends, or even residual salary, excess TDS is a common and often avoidable issue. Understanding why this happens and how to reduce its impact … Read more
If you’re an NRI earning income in India and your country of residence, you may be at risk of paying tax twice on the same income. The good news is, there’s a legal way to avoid this — through the Double Taxation Avoidance Agreement (DTAA). Unfortunately, many NRIs are not fully aware of how DTAA … Read more
If you’re an NRI and still using your Indian resident savings account, this article is essential reading. Many Non-Resident Indians continue operating their Indian resident bank accounts after relocating abroad. While this may seem convenient, it poses a serious compliance risk under FEMA (Foreign Exchange Management Act) and may result in account freezes or penalties. … Read more
As a Non-Resident Indian (NRI), financial transactions between your country of residence and India are an essential part of managing wealth, supporting family, or maintaining investments. Whether you’re sending money to India or bringing funds back abroad (repatriation), understanding the legal, tax, and procedural differences is critical. This guide explores both directions—sending money to India … Read more
For many Non-Resident Indians (NRIs), sending money back home is a regular and meaningful responsibility. Whether you’re supporting family, investing in property, or covering educational expenses, it’s important to transfer funds efficiently, securely, and affordably. With several options available, choosing the right money transfer method can feel overwhelming. This guide breaks down everything you need … Read more
Key Points: Global Diversification Using LRS by NRIs
Why It Matters India’s real estate market has long attracted interest from Non-Resident Indians (NRIs). However, high capital requirements, lack of transparency, and the complexity of property management have kept many potential investors on the sidelines. In 2025, blockchain-driven tokenization is transforming this scenario—offering digital, fractional ownership of Indian real estate. This model makes investing … Read more
Tax season can be overwhelming for NRIs, especially when juggling compliance across India and your country of residence. This simple, updated checklist will help you get organized and stay compliant for FY 2024–25. Tax Filing in India (for NRIs): Tax Filing in Your Country of Residence (US, UK, Gulf, etc.): Pro Tips:
As an NRI or OCI looking to invest in India, you now have a globally competitive, tax-efficient investment opportunity through GIFT City. India’s Gujarat International Finance Tec-City (GIFT City) is a growing hub for international banking, asset management, and cross-border financial services. NRIs and OCIs can now invest directly in India through GIFT City-based funds … Read more