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BIZARRE: Nri - What They Never Told You

Earning in dollars doesn’t make NRIs better investors: Currency advantage alone isn’t enough

For NRIs earning in stronger foreign currencies such as dollars, pounds or dirhams, investing in India can offer greater rupee purchasing power. However, experts caution that currency strength alone does not make someone a better investor.

The Economic Times

Moving abroad? Know what happens to your NPS account after you become an NRI

Non-Resident Indians are permitted to maintain their National Pension System contributions from abroad. To remain involved, they must utilize NRE or NRO accounts for their investments. NRIs can select either active or auto allocation strategies aligned with their individual risk preferences.

The Economic Times

Can an NRI be a nominee for PPF, NSC or SCSS? Here’s what happens to the money after the account holder dies

NRIs can now be nominees for India's small-savings schemes like PPF and NSC, a change from 2023. While they can receive proceeds, repatriation abroad is restricted and subject to FEMA and banking rules, typically requiring crediting to an NRO account first. Understand the nuances before naming an NRI nominee.

The Economic Times

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Can NRIs gift money to an HUF and save tax? Check these income clubbing and tax rules before transferring funds

NRIs have the opportunity to gift money to their Hindu Undivided Family (HUF) without incurring immediate tax obligations. However, it's important to note that any income generated from these gifted amounts will be taxable for the NRI donor. The HUF must diligently keep records of all transactions as this documentation…

The Economic Times

Will I inherit my family’s land in India if I become an NRI?

ET Wealth Reader's Query: I would like to understand what happens to my rights over inherited agricultural land in India if I acquire foreign citizenship. Will I still be able to inherit my family’s agricultural land, and are there any restrictions on holding, transferring, or disposing of such property after…

The Economic Times

NRI selling inherited property in India? Agricultural land, farmhouse, and plantation property have stricter sale and repatriation rules

Non-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of regulations. Stricter rules apply to agricultural lands and farmhouses, particularly regarding their sale and repatriation. The method of repatriating sale proceeds varies based on the property's origin and classification.

The Economic Times

How NRIs split foreign and Indian income across NRE and NRO accounts

Non-Resident Indians utilize NRE accounts to facilitate smooth transfer of their overseas income. For income earned within India, they commonly rely on NRO accounts. Many opt to hold both types of accounts to distinctly manage their finances. This distinction enhances clarity and simplifies record-keeping across various income sources, allowing NRIs…

The Economic Times

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NRI can’t sell Indian property before October 1, 2026 if buyer does not have TAN; Know how to apply for TAN online

The TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh before TDS isrequired to be deducted. Also the TDS rate for NRIs depends on three factors. Read the article.

The Economic Times

ETMarkets NRI Talk| ₹10 crore NRI portfolio: How Raghvendra Nath would allocate it across equities, debt and alternatives

Raghvendra Nath, MD, Ladder Up Wealth Management, believes equities should form the core of an NRI’s India portfolio, while fixed income and alternative investments can provide diversification.

The Economic Times

ETMarkets NRI Talk | 50-60% in equities? R Sivakumar Axis MF CIO’s Rs 1 crore NRI portfolio playbook

R Sivakumar, CIO, Axis Mutual Fund, believes the starting point should be a diversified asset-allocation framework rather than market views alone.

The Economic Times

Should you close your PPF account after becoming an NRI? Here’s what to know about maturity, withdrawal, and tax rules

Moving abroad as an NRI? Your PPF account might not need immediate closure. Discover how your contribution, withdrawal, and maturity options change. Understand the crucial differences between becoming an NRI and a foreign citizen, and navigate the tax implications in your new country of residence.

The Economic Times

ETMarkets NRI Talk | Why private credit, REITs and PMS are entering the NRI investment conversation, explains Sumegh Bhatia

Private credit, REITs, InvITs and PMS are gaining interest for their potential to provide differentiated return streams, contractual cash flows and exposure to India’s growth story.

The Economic Times

ETMarkets NRI Talk | Rupee at 96: Why NRIs should think twice before sending more money to India, says Sachin Sawrikar

While a weaker rupee means more rupees for every dollar remitted, it can also erode the dollar value of INR-denominated investments over time.

The Economic Times

Citigroup, Axis Bank team up to leverage NRI deposits as RBI dollar inflows surge

Citigroup and Axis Bank have tied up to finance non-resident Indians investing in foreign-currency deposits, leveraging RBI rules that allow standby letters of credit against such deposits. The arrangement could amplify dollar inflows through offshore financing as India seeks to strengthen foreign-exchange reserves and support the rupee amid strong NRI…

The Economic Times

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The Economic Times

ETMarkets NRI Talk | GIFT City AIFs could be the next big NRI investment destination: LGT Wealth’s Nikhil Advani

In an interaction with Kshitij Anand of ETMarkets, Advani also discusses why NRIs remain under-allocated to Indian equities, how they should choose between NRE and NRO accounts, the role of REITs and InvITs, and how a ₹1 crore NRI portfolio could be structured for a 5–7-year investment horizon.

The Economic Times

Can NRIs open joint FCNR (B) accounts with resident Indian relatives? Know what the latest rules say

Non-Resident Indians are allowed to set up joint FCNR (B) accounts with their resident family members. These accounts must function on a 'Former or Survivor' arrangement for the NRI. Eligible resident relatives include immediate family members and their spouses. The money for these accounts should be sourced from international transfers…

The Economic Times

NRI selling Indian assets? US, UK, UAE, Canada, Australia or Singapore - how your country of residence could decide the income tax bill

When selling Indian assets, be cautious of the potential tax implications linked to your country of residence. Tax obligations can vary based on your residency timeline and applicable regulations. Read on to understand how your residency can impact your tax bill if you are an NRI in the US, UK,…

The Economic Times

NRI life insurance protection plans can be 50–60% cheaper in India: Should you buy here or in your country of residence?

NRIs can buy life insurance in India to protect financial obligations. Additional KYC and underwriting requirements apply for non-resident Indians. Premiums are paid through NRE, NRO, or FCNR accounts, and currency fluctuations matter. Country of residence impacts premiums and underwriting due to risk assessments. The location of financial responsibilities guides…

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The Economic Times

Can NRIs invest in National Savings Certificate (NSC) and avail tax benefits?

The National Saving Certificate (NSC) is one of the popular small savings schemes among Indians investors with a low-risk appetite as the scheme is backed by the government and offers an attractive interest rate of 7.7%. The NSC scheme is available only to resident citizens of India.

The Economic Times

NRI used NRE account to buy Rs 79 lakh property, got ‘unexplained cash’ tax notice; ITAT Ahmedabad grants full relief

NRI used money from his NRE bank a/c to buy property for Rs 79 lakh, files no ITR; tax dept sent notice for unexplained cash; he wins case in ITAT Ahmedabad

The Economic Times

NPS choices for NRIs explained: Can NRIs invest in Tier II NPS accounts? Check rules and investment options

For Non-Resident Indians, establishing a retirement corpus back home is simplified with the National Pension System. NRIs can open a Tier-I account, the essential foundation for retirement savings. Contributions are permitted from NRE and NRO accounts, facilitating smooth repatriation. Subscribers enjoy a range of investment choices, spanning equity, corporate bonds,…

The Economic Times

NRI selling property in India: Should sale proceeds go to an NRE or NRO account? Know repatriation limits and RBI rules

Are you an NRI looking to sell your property in India after relocating abroad? It's essential to understand the process of repatriating your funds. Discover the differences between NRE and NRO accounts, along with FEMA regulations and repatriation limits. Selecting the right bank account is critical for ensuring a hassle-free…

The Economic Times

Can NRIs open Sukanya Samriddhi Yojana account offering 8.2% interest rate?

Sukanya Samriddhi Yojana provides a favorable tax regime for parents budgeting for their daughters. Only resident Indian girls aged below ten qualify to open these accounts. The investment period spans fifteen years, with the account lasting twenty-one years.

The Economic Times

ETMarkets NRI Talk | RBI's FCNR(B) reforms could bring in over $20 billion of foreign inflows: Keyur Majmudar

He also shares why India deserves a place in every diversified global portfolio, the structural themes that could drive wealth creation over the next decade, and the role alternative investments can play in strengthening NRI portfolios.

The Economic Times

NRI selling property, shares or gold in India? Here's how you can manage your capital gains tax in a better way

Selling Indian investments triggers capital gains tax for NRIs, with rules varying by asset type. Property sales offer significant tax reduction opportunities through reinvestment and documentation. Agricultural land taxation depends on its location, with rural land generally exempt from tax. Listed shares and mutual funds have specific tax treatments and…

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