India’s largest bank, the State Bank of India (SBI), has launched a new online onboarding process…
Tag: NRO Account
NRE and NRO Accounts: Meaning, taxation and differences you should know | Mint
An NRI (Non-Resident Indian) who earns income both abroad and in India often encounters difficulties in…
Can I sell shares in India and transfer proceeds to the US as a non-resident? | Mint
I have been working in the US for the last three years. I had a regular…
Avoid common mistakes that people make with NRI transactions
Assume Mr A is an NRI based in the US and his father wants to send…
How NRIs can invest in Indian mutual funds
Unlike direct investment in stocks, which involves cumbersome account setups, regulatory complexities, and high costs for…
I received my wife’s rental income in my NRO account. Will I be taxed on it? | Mint
My wife and I are both NRIs. She owns a residential property in India which she…
NRI investing in Indian stocks? Know about TDS on capital gains | Mint
I have been a non-resident Indian (NRI) for many years and have invested in Indian stocks…
Remitting money to India: Are funds taxable for you or your brother? | Mint
I have been working in the US for many years. I want to remit some money…
Can I revise my income tax return to claim certain DTAA benefits? | Mint
I filed my income tax return (ITR) as a non-resident Indian (NRI) and it has been…
Can I pay municipal taxes on behalf of my NRI son? | Mint
My son resides in the US, whereas I stay in Pune. My son owns two house…