NRI Personal Finance
Connected to India's efforts to support Non-Resident Indians (NRIs), Indians abroad in staying abreast with the ever-changing and dynamic world of personal finance.
Covering topics like NRE and NRO accounts, FCNR deposits, remittance updates, estate planning, financial products relevant to your geography, expert commentary, regulatory changes and so on.
Taxation and investment were the major areas of interest for Non-Resident Indians (NRIs) as Indian Finance Minister Nirmala Sitharaman...
Luxury homes worth INR 500 crore sold in South-Central Mumbai in October: Report
Beginning the festive quarter on a distinct upbeat note, South-Central Mumbai localities witnessed luxury home sales worth INR 500 crore...
40 per cent of Indian-Americans worried about financial impact of COVID-19: Study
A survey by a diaspora organisation in the United States found that two in five Indian-Americans are worried about their long-term financial...
When is the right time to buy Term Insurance?
Tussle between urgent versus important impacts financial planning in a big way. It is very common for people to constantly delay buying...
In a major relief to Non-resident Indians (NRIs) stuck in India, the Finance Ministry today relaxed the norm for determining the residency...
NRIs – Make sure to diversify your equity portfolios geographically
One misstep from a country’s leadership can send the entire economy, and along with it the stock market, in a downward spiral. Therefore,...
Madras High Court calls for ban on NRIs buying houses to lower market rates
The Madras High Court in India proposed a ban on Non-resident Indians (NRIs) purchasing houses in India, prohibiting speculative sales and...
NRIs, OCIs pensions to be taxed at source as per DTAA: Indian pension authority
The Pension Fund Regulatory Authority of India (PFRDA) has stated that pensions for Non-Resident Indians (NRIs) and Overseas Citizens of...
In Pics: Singapore FinTech Festival 2019
India and Singapore deepened their economic cooperation across the board during the ongoing Singapore FinTech Festival 2019, launching an...
Great response to NPS from overseas Indians, says Indian government
The Central government has stated that they have received a great response from people of Indian origin holding citizenship of other...
OCIs now eligible to enroll in Indian pension scheme, says Finance Ministry
The Indian Pension Fund Regulatory and Development Authority (PFRDA) said on Wednesday that an Overseas Citizen of India (OCI) can enroll...
Singapore-based remittance firm InstaReM rebrands as Nium
Digital cross-border payments provider InstaReM is rebranding to become part of Nium, the company announced on Sunday.
Kerala CM reveals plans for diaspora bonds to spur NRI investment
Kerala Chief Minister Pinarayi Vijayan has said that the state government is planning to float diaspora bonds to source NRI investments to...
India real estate: Safeguarding against fly-by-night operators
The Indian real estate market has always attracted considerable interest from the expatriate Indian diaspora.
Panglossian outlook and deepening of the India Bonds Market
Global central banks have moved to a rate softening regime to boost slowing economic growth. This has fuelled bond market rallies worldwide.
India Tax: CBDT issues clarifications which are relevant to NRIs too
Central Board of Direct Taxes (CBDT) has released clarifications in the form of frequently asked questions (FAQs) addressing some matters...
India Bonds: Lower inflation to enthuse investors
The Reserve Bank of India (RBI) cut its policy rate by 35 basis points to 5.40% on August 7 2019 and has cut the rate by a total of 110...
India Equity: Types of equity mutual funds available for investments
On June 1, 2018, investing in equity mutual funds in India got a tad easier thanks to a directive on scheme categorization (or...
India Bonds: RBI rate cut decision to help govt bonds, boost economic growth
Global and domestic growth inflation expectations have been benign and global central banks have been easing interest rates to support...
India Tax: All you need to know as an NRI ahead of August 31 filing deadline
If you have not filed your India tax return for the financial year 2018-19, you still can file it without payment of any penal fees as the...
India Equity: Opportunities abound but first a look at the basics of investing
India is one of the fastest growing economies in the world, and it is one of the most favourable destinations for long-term investments,...
Buying a home in India? A look at regulations, processes for such investments
Non-Resident Indians who are interested in buying a home in India need to equip themselves for making the best-possible property purchase...
State Bank of India offering home loans to NRIs
India’s largest bank, the State Bank of India (SBI), has announced the launch of a scheme providing home loans to Non-resident Indians...
Selecting the right bond funds in India for investment
The bond market in India continues to look attractive for Non-Resident Indians to invest, but caution is needed in choosing the right funds...
Debt mutual funds gain after India budget
The Indian government’s latest budget has laid the roadmap for a deeper and wider bond market in India. The initial documentation and...