[2023] NRI Capital Gains Tax on Shares

 NRIs can invest in the Indian stock market by purchasing shares through the Portfolio Investment Scheme (PIS) of the RBI. NRI investors can also invest in government securities, debentures, listed non-convertible debentures, etc. on repatriation or non-repatriation basis.NRI investment in India’s equity shares, mutual funds, etc. is subject to the restrictions/ conditions under the Foreign Exchange Management Act (FEMA). Dividend income and the capital gains earned by NRIs from shares listed in India and equity oriented schemes of mutual funds are taxed in India. NRI capital gains tax on shares depends upon the type of instrument and the period for which they are held before the sale.

Manoj Negi

· 34,152 views

Best Banks for NRI Loan Against Property

 Properties are the most valuable tangible assets and stand to serve as an important source of liquidity in times of financial crisis. Similar to resident Indians, Non-Resident Indians (NRIs) can use their property in India to meet their personal expenses or business requirements. Many Indian banks and NBFCs offer a loan against property to NRI customers, popularly known as an NRI loan against property. For best banks for NRI loan against property, continue to read the article.

SBNRI Team

· 27,411 views

SBI Securities NRI Trading Account: Types & Charges

 NRI customers can avail a host of trading and investment services from State Bank of India. SBI operates through a network of 198 foreign offices spread across over 35 countries and provides detailed research services for NRIs with information and insights on the market trend. NRI investors need to open an SBI Securities NRI Trading account, SBI NRI account and NRI Demat account to trade and invest in equity, derivatives, mutual funds, depository services, and many third party distribution products.

SBNRI Team

· 34,677 views

NRI Car Loan in India: Eligibility & Interest Rates

 NRIs who work in foreign countries always wish to buy a dream home and a swanky car in India. This is the reason, a sharp rise in the demand for car loans from NRIs has been seen in recent times. To help NRIs fulfil their dreams, many Indian lenders are offering them NRI home loans and car loans at attractive interest rates. Indian citizens who reside abroad for a job or business can get an NRI car loan in India.

SBNRI Team

· 34,105 views

ICICI Bank NRI Personal Loan: Eligibility & Interest Rates

 A large number of Indian citizens move out of the country for employment and education. In the meantime, unforeseen financial expenses can arise. If an NRI who is living in another country is not able to arrange funds to meet urgent financial needs from other sources, he/she can get a personal loan to fulfil urgent financial needs. Many banks offer an NRI personal loan in India. ICICI Bank NRI personal loan is one of the best loans in the market.

SBNRI Team

· 49,213 views

HDFC Mutual Funds for NRIs to Invest in India

 HDFC Asset Management Company Ltd. is one of the most popular fund houses in India that offers a wide range of mutual funds to resident as well as NRI customers. Indians living abroad can invest in HDFC Mutual Funds for NRIs to get the advantage of diversification, liquidity, professional management, etc. HDFC offers different types of mutual funds for NRIs including growth funds, or even retirement funds to cater to investors from all walks of life.

SBNRI Team

· 20,291 views

IIFL NRI Home Loan 2022: Interest & Benefits

 With an affordable home loan, NRIs can buy their dream home in India. NRIs can avail a home loan at an affordable rate of interest from IIF to buy a house or property in India. IIFL NRI home loan can be availed by salaried and self-employed applicants alike for various purposes that include the purchase of a new flat, renovation or extension of an existing home, or purchase of an existing flat or house, and purchase of land for construction of a flat or house.

SBNRI Team

· 15,603 views

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