NRI Investments, NRI Taxation, TDS, Remittance, Repatriation, NRI Real Estate, RBI, FEMA, Business Set up, WOS

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Aug 26, 2013
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Are FCNR deposits with Forward Cover Completely Tax free for NRIs in India?

Recently, due to volatile rupee and favorable currency exchange rates, Banks have been aggressively marketing to NRIs for investments in the FCNR deposits with Forward cover highlighting a limited time opportunity comparing the yields with NRE Fixed Deposits. Banks have been selling the idea as an Arbitrage (Risk Free) opportunity between NRE and FCNR deposits […]

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Aug 16, 2013
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Important RBI changes announced on August 14, 2013 – Time for NRIs to celebrate Independence Day with a Bang

On August 14, 2013, RBI made 5 important changes to address the depreciating rupee. Whenever RBI takes such measures, NRIs are sure to benefit. Two changes are aimed at attracting foreign exchange from NRIs in long term NRE or FCNR bank deposits and other three are related to preserving the foreign exchange by restricting access […]

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Aug 14, 2013
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Big 6 Changes of Companies Bill 2013 passed by Rajya Sabha on 8th August 2013

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Jul 25, 2013
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Rare and Small window of Opportunity to Invest in Debt in India

Recent Steps by RBI to curb rupee depreciation (reduce gold import and tight liquidity in banking system) has led the short term rates and bond yields hit record high, giving a unique opportunity for investors to invest in debt at this level. The yield on 10 year G-sec increased from 7.10% on May 24 to […]