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NRI
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Tax Planning for US Citizens/Residents Tax Planning for US Citizens/Residents on For eign Mutual Funds/Passive Foreign Investment Companies: ...
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Non Resident External Account—Pros and Cons NRE Accounts and Rules Persons of Indian nationality or origin residing outside of India may open, with authorised banks in India, Non-resident External Accounts (NRE Accounts), designated in rupees...
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Following is the recommended list of foreign Investments suited for US Citizens/Residents to save on taxes and add protection against a general downward drift in the value of the US dollar without affecting the RBI guidelines on Repatriation of Funds...
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NRIs based in USA must file Foreign Bank and Financial Accounts (FBAR) report on or before June 30 regardless of whether you file your tax return or not. FBAR is neither a tax return NOR part of the tax return. Read on to know more… ...
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Non-resident Indians (NRIs) having taxable income in India are not only faced with lack of clarity when it comes to paying taxes, but also the ordeal of filing returns. However, with the advent of online tax filing, NRIs can breathe some respite...
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InvestmentYogi tells you all about I bonds and their advantages/disadvantages so that you can make an informed decision If you’re getting a tax rebate this year on your...
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Investment Yogi : Offers NRI Investment Guide and NRI Investment Options in India. Learn how the fall of dollar impacts your finances and investments. With the correct analysis you will be able to plan better and take preventive measures. In March ‘09...
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Investment Yogi : Offers advice on Financial Planning, NRI Investment and Investment Options for NRIs in India. Start investing in India- NRIs can take part in India’s growth story. Want to invest in India, but don’t know how? Below mentioned are some...
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Sharat Shroff and Sunil Asnani talk about investing in India InvestmentYogi’s USA-based financial planner, Ariadne Horstman, recently caught up with Sharat Shroff who manages Matthews India Fund and Sunil Asnani, Research Analyst for the fund. This is...
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What you need to know if you file taxes in the USA Many Indians that live in the USA still have strong ties to India, especially when it comes to giving. It is not uncommon for Indian-origin Americans or Indians living in the USA to prefer doing their...
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Get your financial act together before the New Year. InvestmentYogi gives you some practical tips: It is still more than a month before the ball drops in Times Square. But we all know from experience, the last month of a year has stronger wings than the...
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Unconfirmed Rumour - 5% TAX ON FOREIGN INCOME FOR NRI STARTING 2009 –10 Please note that InvestmentYogi believes this in an unconfirmed rumour. Most likely an April fool prank! The content of the email that was widely circulated is as follows: ...
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An NRI can have multiple types of accounts in rupees based on the currency he/she is depositing in and the purpose of holding that account. When can I open an NRO account? (NRO: Non-Resident Ordinary Rupee Account ) You can open an NRO account when you...
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Mr. Rao resides in the US, but wants to take insurance in India as he intends to return to India in a couple of years. Can he take Insurance in India? If he decides not to return to India, will he be able to take the insurance proceeds back to the US...
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As per the new SEBI (Securities and Exchange Board of India) ruling with accordance to the protocols set by the Income Tax Department of India, anyone who wants to invest in Indian stock markets, debt or other instruments or be involved in any...
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