Section 115H of the Income Tax Act, 1961, India, provides for a concessional tax rate for certain incomes earned by non-resident Indians (NRIs). The concessional tax rate is available for investment income and long-term capital gains.… Read more
Navigating Home Loans in India as an NRI in 2024: A Comprehensive Guide
Tags: NRIReal Estate
For many non-resident Indians (NRIs), owning a home in India is not just an investment but a link to their roots. Given the robust growth in India’s real estate market, 2024 has seen an increasing number of NRIs investing in property across the country. Recognizing this trend, Indian banks have tailored home loan products specifically for NRIs, making the process more accessible and streamlined than ever. This guide delves into the essentials of securing a home loan in India as an NRI, from eligibility to the application process, and the financial nuances involved.… Read more
Kochi: The Prime Choice for NRIs in Real Estate Investing
Tags: kochiNRIReal Estate
Kochi, often referred to as the “Queen of the Arabian Sea,” has emerged as one of the top real estate destinations for Non-Resident Indians (NRIs). Its strategic location, robust infrastructure, and cultural richness make it an attractive investment hub for NRIs seeking lucrative opportunities in the real estate sector.… Read more
NRI Investment Eligibility: A Complete Guide
Tags: InvestingNRIReal Estate
Investing in India has become increasingly accessible to Non-Resident Indians (NRIs), providing them with a plethora of opportunities to grow their wealth and contribute to the country’s economic development. However, before delving into the investment landscape, it’s essential to understand the eligibility criteria that govern NRI investments.… Read more
NRI Investment Strategies in India’s Real Estate Market for 2024
In recent years, the Indian real estate market has witnessed significant fluctuations due to various economic, regulatory, and market factors. For non-resident Indians (NRIs), investing in the Indian real estate market has been both an attractive opportunity and a daunting challenge. As we step into 2024, many NRIs are contemplating whether it’s the right time to dive into this market. Let’s explore the dynamics influencing NRI investments in Indian real estate and assess whether 2024 presents a favorable landscape.… Read more
NRI Account Benefits and Essentials You Need to Know
Tags: NRI
For Non-Resident Indians (NRIs), managing finances and investments from abroad requires a strategic approach. NRI accounts, designed to cater to the unique needs of individuals living outside India, come with a host of benefits and considerations. In this comprehensive guide, we delve into the various aspects of NRI accounts, exploring the benefits, types of accounts, regulatory nuances, and the latest updates as of 2024. Drawing insights from recent Indian news and credible sources, this article aims to equip NRIs with the knowledge needed to make informed decisions about their financial affairs in India.… Read more
How to Choose the Top 10 Cities in India 2024 to Invest in For NRIs
As the Indian real estate market continues to evolve, Non-Resident Indians (NRIs) find themselves presented with a myriad of opportunities for strategic investment. Choosing the right city for real estate investment is a critical decision that involves considerations of economic growth, infrastructure development, and potential returns on investment. In 2024, NRIs have an array of cities to explore, each with its unique set of advantages and opportunities. This comprehensive guide aims to assist NRIs in making informed decisions by exploring the top 10 cities in India for real estate investment in 2024, drawing insights from the latest Indian news and credible sources.… Read more
2024 PPF Facts for NRIs
The Public Provident Fund (PPF) has long been a favored savings avenue for residents of India, offering a mix of safety, tax benefits, and attractive interest rates. However, for Non-Resident Indians (NRIs), the eligibility and functionality of PPF accounts come with specific considerations. As of 2024, understanding the nuances of PPF for NRIs is crucial for those seeking to leverage this investment tool while residing outside of India. This comprehensive guide explores the PPF account for NRIs in India, drawing insights from the latest Indian news and sources to provide a thorough understanding of the eligibility criteria, features, and regulatory landscape.… Read more
Why Are NRIs Flocking to Invest in Indian Commercial Realty?
The Indian commercial real estate sector is witnessing a significant influx of investments from Non-Resident Indians (NRIs), marking a strategic move in the global investment landscape. As the dynamics of India’s economic growth and real estate market evolve, NRIs are increasingly drawn to the potential and opportunities offered by the commercial realty sector. In this in-depth analysis, we will explore the driving factors, trends, and recent developments that explain why NRIs are actively investing in Indian commercial real estate, drawing insights from the latest Indian news and sources.… Read more
Property Gifting: A Comprehensive Guide for NRIs in India
For Non-Resident Indians (NRIs), the desire to gift property in India reflects a connection to their roots and a tangible expression of love and support for their families. However, navigating the legal, financial, and logistical aspects of property gifting requires careful consideration and understanding of the latest regulations. In this in-depth guide, we will explore valuable tips for NRIs planning to gift their property in India, drawing insights from the latest Indian news and sources.… Read more
