Introduction:Demat accounts play a crucial role in the Indian financial landscape, serving as a repository for securities in electronic format. Whether you are a resident Indian or a Non-Resident Indian (NRI), having a demat account is essential for trading and investing in the stock market. However, there are distinct differences between a regular demat account […]
Tag: nri
Repatriation of funds by NRIs – RBI Guidelines, Documents and Tax implications
Introduction:Despite moving overseas, NRIs remain connected to their roots in some form or another. For example, the NRIs often have to take care of their near and dear ones or ancestral properties in India. In another scenario, NRIs earn passive income such as rent and investments in India, and they need this money in their […]
Family Property Partition for NRIs and OCIs in India
A family property partition is a process of dividing an existing estate into separate segments to show the proportionate interests of the owners. It is a way to divide a joint property among several people so that each person can get their share of the property and become the owner. According to the common law, […]
How can an NRI handle land dispute in India?
IntroductionFor a non-resident, it is challenging to manage Indian property from any foreign country. The process of the same can be time-consuming as well as complicated. Moreover, to secure the NRIs properties located in India, it is advisable to consider a proactive approach, including seeking professional advice from lawyers based in India and the appointment […]
Investing in Real Estate in India-Problems and Solutions for NRIs
The real estate sector is one of the most critical and recognized sectors in the World. Most entrepreneurs are widely attracted to the real estate sector. Due to its high profit, it attracts the entire business community. In earlier days, it drew only entrepreneurs to the real estate sector. But now, the real estate sector […]
Steps to evict a tenant in India
In India, laws governing tenancy tend to favour tenants and they differ from state to state. However, there are many grounds for eviction of a tenant which are common in most of the state laws.Summary Eviction is a time-taking and complicated process, and in most cases, the landlords are not aware of the rules and […]
Why and where to invest in property in India
Real Estate investment has always been a lucrative option. It still attracts a lot of investors for building on wealth as it promises good returns. Real Estate covers: Housing sector Retail Hospitality Commercial Indian Real Estate sector is also a good option for NRI investors as there is a lot of scope and potential for […]
Tax rules for investment in real estate by non-resident Indians
Indians staying abroad have deep-rooted connections with India. Non-resident Indians or persons of Indian origin staying abroad are given various kinds of facilities in India for investment in property in India. Income from such investment, i.e. the Capital Gains is taxable under the Income Tax Act.Before getting on to understanding the rule of Investment for […]
What are the things to remember while investing in property in India?
Property investment in India is popularly thought to be a safe and profitable long-term investment option. It has always been more reliable than investing in stocks. However, the market does face liquidity and other risks from time to time.To avoid such risks involved in the property market as an investment, one must remember the following […]