by Gaurav Matta | Nov 13, 2024 | NRI Services, Remittance, Tax & Compliances
Selling property in India as a Non-Resident Indian (NRI) may seem daunting due to various legal and tax requirements, especially when managing the transaction from abroad. However, with the right guidance and tools, such as a Power of Attorney (POA) and Low TDS...
by Gaurav Matta | Oct 17, 2024 | NRI Services, Remittance
Choosing the right NRI bank account is essential for managing your finances in India. Three popular options for NRIs are FCNR, NRE, and NRO accounts, each offering unique features tailored to different financial needs. 1. FCNR (Foreign Currency Non-Resident)...
by Gaurav Matta | Oct 15, 2024 | NRI Services, Remittance
For NRI’s, outward remittance from India proceeds from sale of property that requires compliance with legal and tax regulations. Understanding the rules for NRIs remitting property sale proceeds from India is crucial to ensure a smooth and compliant process. ...
by Gaurav Matta | Jun 11, 2024 | NRI Services, Remittance
For NRIs selling property in India, navigating the complexities of banking regulations and tax compliance can be daunting. One of the key elements to understand is the role of NRO/NRE accounts and the implications of Tax Collected at Source (TCS) on repatriation....
