Guideline For NRIs To File Taxes In India

For NRI population, unlike the regular resident Indians, rules and regulations differ to an extent and further there are some legalities and clauses that become tricky to comprehend. So, here is a quick ready reckoner for NRIs to review before filing their tax returns in India.
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5 Common Challenges that Every NRI Investor Faces in India

Timely and a solid investment for future needs is one of the most sought after goal among Indians and NRIs both. For NRIs though it becomes a more confusing process since they do not reside here. The struggle is real and so News18 has listed some of the most common problems that NRIs face when investing in their home country.
check out the common challenges here

Affordable, mid-market categories emerge favorites of NRIs

The regulatory reforms like RERA and GST taken in the last couple of years have restored the confidence in the Indian real estate market, particularly among the NRIs who are investing with renewed interest. There has been a sizeable jump in the number of NRI deals in the Indian property market in the recent past.

Full report here

How a returning NRI can open resident foreign currency account

An NRI would have assets and bank accounts abroad. Income generated from these assets would be in a foreign currency. A returning NRI has the option of bringing the funds to India by opening a Resident Foreign Currency (RFC) account with a bank here.

The funds in a RFC account are held in foreign currency and can be transferred to NRE/FCNR accounts if the person returns abroad. 

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NRI taxpayers allowed manual filing for nil TDS certificate

The income tax department on Monday allowed manual filing of form by resident and NRI taxpayers wanting to apply for deduction of taxes at a lower or nil rate on total income.

The Income Tax Act, 1961, provides that if a taxpayer considers that her total income warrants deduction of income tax at lower/ nil rate, she may apply to the assessing officer (AO) requesting for lower withholding certificate.

Full report here

No tax implication for NRIs buying a car in India

Car can be purchased in India by making withdrawals from non-resident external (NRE) account

LiveMint answers some of your financial queries

Financial checklist for a returning NRI

While living far away in a strange country and in a different environment, home evokes nostalgia and warmth. However, the reality after one returns might be different.

Non-resident Indians (NRI) want to return to India after working for years in the Middle East. How will the move affect their finances? What should they look out for?
Here is a checklist by Economic Times