Should NRIs File ITR for Meagre Income?

 Income Tax Return (ITR) filing is a crucial aspect of financial responsibility for individuals, regardless of their residency status. However, a common question that arises among Non-Resident Indians (NRIs) is whether they should file ITR for meagre income earned from resources in India. In this blog, we will answer the question “Should NRIs file ITR for meagre income?” We will also explore the legal obligations, potential benefits, and the long-term implications of filing ITR as an NRI with a meagre income.

Charu Dhasmana

· 4,552 views

NRIs and foreigners traveling to India can use UPI for payments

 NRIs and foreigners can use UPI: The Reserve Bank of India, in its latest policy statement, announced that foreign nationals and NRIs visiting India will be allowed access to Unified Payment Interface (UPI) for their merchant payments (P2M). Initially, this facility will be allowed to travelers from the G-20 countries at select international airports while they are in India. Thus, people from these countries who don’t have Indian mobile numbers or bank accounts when they visit India will be able to use UPI apps like Google Pay or Paytm. So far, NRIs from 10 countries could Use UPI with an NRI account and international phone number.

Manoj Negi

· 68,924 views

NRI Quota: Eligibility | List of Colleges | Documents Required

 With the gradual increase in the number of footfalls of students from all around the globe, India has carved a separate niche in the education segment and has slowly turned into a hub. In the past, India has given the world some of the oldest universities such as Nalanda or Taxila. With time, the education system, the research capabilities and the number of universities have grown with open arms welcoming people from all geographies to learn and innovate. India has over 900+ universities and 40,000+ colleges nationwide. The Government of India (Ministry of Overseas Indian Affairs) has some seats reserved under the NRI Quota for NRI students and foreign nationals to attract more students.

SBNRI Team

· 278,179 views

Axis Bank NRI Customer Care Service

 Axis Bank offers an array of NRI banking and financial services including NRI bank accounts, NRI fixed deposits, loans, insurance products, etc. The bank operates through a network of 3300 branches in India and 9 international offices to cater to the banking needs of Indian and NRI customers. The bank provides one of the best NRI customer care services in the industry. For any information regarding NRI products and services such as Axis Bank NRI account, debit card, etc. you can contact Axis Bank NRI customer care team.

SBNRI Team

· 31,668 views

HDFC Bank NRI Account Opening Online

 HDFC Bank, a reputed and leading private sector bank in India, is one of the most preferred banks by NRIs for banking services back home. HDFC bank offers a variety of NRI services from banking to investment to loan. NRIs and PIOs need to open an NRI bank account to manage their income and investments in India. HDFC NRI accounts include savings accounts, current accounts and salary accounts. You can open an HDFC NRI account online or visit the nearest branch of HDFC Bank in India for the same.

Manoj Negi

· 52,750 views

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