India is the second most populous country in the world that is home to one of the largest group of working class people, who have an increased affinity towards investing in the several attractive opportunities available throughout the globe. Forex trading is one of the very new investment concepts in India that was popularized by […]
NSC is deemed to be encashed on the day the holder becomes an NRI, while PPF account is deemed to be closed if the status of the account holder changes. With changes in investment rules for select small savings schemes, the government has said such accounts will be closed before their maturity in case status […]
Do you hold an NRI bank account? Is managing your account a challenging task? Not to despair! We have just the right solution to help you out of your difficulties. Enlisting the help of a PoA or a Power of Attorney will enable you to operate your NRI account with ease. Read right on to […]
Capital gains: what it means Just as you understand the investment options for NRIs in India, it is equally important to know the relevant tax implications. Capital gains are related to capital assets. Whether it would be categorized as long-term or short-term gain depends on the tenure for which you hold the investment. For investments […]