The 2019 Union Budget proposed by Indian Finance Minister Nirmala Sitharaman on July 5, aims to tighten the noose around NRI tax evaders.
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Budget 2019: Aadhaar for NRIs, easier NRI investments, increase in Indian embassies and more
NRIs got a special mention in the first budget of Modi 2.0, with Finance Minister Nirmala Sitharaman rolling out measures aimed at bringing the diaspora under the nation’s wing.
NRIs expect big reforms, less red tape in India budget
Non-Resident Indians are expecting a host of reforms from the Indian budget, set to be announced on July 5, that would ease the rules for them to conduct business in India and increase their involvement in helping boost India’s economy.