NRI Personal Finance

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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.

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...

Personal Finance Analysis & Commentary

Lockdown period won't count towards NRIs', foreigners' residency status for tax purposes, says Indian government

In a major relief to Non-resident Indians (NRIs) stuck in India, the Finance Ministry today relaxed the norm for determining the residency...

Global

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,...

Personal Finance

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...

NRI Stories NRI Stories

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...

Personal Finance NRI Stories

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...

Singapore

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...

Global

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...

Global

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.

Corporate

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...

NRI Stories

India real estate: Safeguarding against fly-by-night operators

The Indian real estate market has always attracted considerable interest from the expatriate Indian diaspora.

Personal Finance Analysis & Commentary

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.

Personal Finance

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...

Personal Finance

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...

Personal Finance

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...

Personal Finance

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...

Personal Finance

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...

NRI Stories NRI Stories

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,...

Personal Finance Analysis & Commentary

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...

Personal Finance

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...

Global NRI Stories

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...

Personal Finance Analysis & Commentary

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...

Personal Finance Analysis & Commentary

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...

Global

Bond-ing with India: Investing directly or through mutual funds

Indian stock market indices (NSE Nifty and BSE Sensex) are near all-time highs and economic growth has declined significantly, and thus...

Personal Finance Analysis & Commentary

Special Non-Resident Rupee accounts: No interest but repatriable

In our NRI personal finance series this time we look at the rules governing Special Non-Resident Rupee Account (SNRR).

Personal Finance