#NRI


 

NRIs: Does having a savings account in GIFT City help?

The GIFT City has been a hot topic in India’s finance scene for nearly a decade. Short for Gujarat International Finance Tec-City, GIFT City is India’s first smart city and International Financial Services Centre (IFSC), located between Ahmedabad and Gandhinagar in Gujarat. It was set up in 2015 with big ambitions: to become a global […]

Co-founder & CEO, Belong - NRI Savings & Investments
0
19 Nov 2024
 

NRE or NRO? PIS or non-PIS? – Understanding NRI accounts

If you’re an NRI, managing finances in India can be tricky, especially with the various account types and investment options to consider. In this post, we’ll break down everything you need to know about NRE, NRO, PIS, and Non-PIS accounts and also discuss why NRIs from the U.S. and Canada face restrictions on investing in […]

Business Analyst, Zerodha
5
12 Nov 2024
 

Tax rules at every stage of homeownership: Buying, Owning, and Selling

Buying a home is an aspiration for so many people, representing both a financial commitment and a personal milestone. However, the journey from purchasing to owning and eventually selling a property comes with several tax implications that can often be overlooked. In this article, we’ll break down the key tax considerations at each stage—buying, owning, […]

Tax Partners, EY India
1
11 Oct 2024
 

Receiving money from your NRI relative? How to use it and its taxation

India is one of the top countries with the largest diaspora residing in nations like the UAE, the US, and Saudi Arabia. We all have that one friend or a relative living abroad who regularly sends money back to India for family maintenance, investments, medical care, education, and more. Such inward remittance is governed by […]

Managing Partner, Victoriam Legalis
0
14 Jun 2024
 

NRI trading on Indian Stock Exchanges

Dear fellow NRI Investor/Trader, The below blogpost is our effort to simplify what goes into opening a NRI trading and demat account for investing in the Indian Stock Exchanges through the PIS route. Open an NRE/NRO savings bank account in India NRE Account? Non-resident External Account (NRE) is a  bank account where both the principal and […]

Head of operations and compliance at Zerodha
14 Mar 2015