New Aadhaar Act for NRIs: All about Aadhaar card for NRIs

 Aadhaar card for NRIs: Aadhaar card is an essential document for every citizen in India. Issued by the Unique Identification Authority of India (UIDAI), Aadhaar is a centralised system of identification via a 12-digit random number that is linked to the biometric data of an Individual. Aadhaar number is very important for availing services in India. Every resident Indian, irrespective of age and gender, needs to apply for the Aadhaar number. However, we will discuss the need for an Aadhaar card for NRIs and the procedure to avail it.

Manoj Negi

· 109,964 views

Why NRIs are Eyeing Commercial Real Estate in India

 With the decline in Covid-19 cases, real estate has started showing signs of revival in India. Residential sales have started rising again, and the commercial real estate market is also picking up momentum in the top cities of the country, driven by the IT/ ITeS sectors. Gross office absorption stood at 4.39 million sq. ft in the 2nd quarter, showing 32% YoY growth in major cities in India as per a recent JLL report. Bulk hiring by IT/ ITeS sectors is the prime driver of the growing demand for office spaces in major cities. Offices have also started to re-open across cities and developers are bullish on the growth prospects of the commercial real estate market. This is the reason why NRIs are eyeing commercial real estate in India.

Manoj Negi

· 28,905 views

5 Best Demat Accounts for NRIs [Non Resident Indians] 2022

 Indian nationals and people of Indian origin are spread across the world, especially for employment. Most of them regularly send money back in India to their loved ones or invest in the Indian market. As a result, India is the top receiver of remittance in the world. Indian economy is booming and attracting high FDI (Foreign Direct Investment) inflow. Considering this, NRIs are also looking for various investment avenues in India. To invest in the Indian stock market, NRIs need to open a Demat account. In this article, we will describe the best Demat accounts for NRIs in 2021 to invest in the Indian market.

Manoj Negi

· 113,911 views

TDS on Payment to Non Residents

 Tax Deducted at Source (TDS) serves as a method employed by the Indian government for collecting taxes directly from the source of income. In the case of payments made to non-residents, TDS plays a crucial role in regulating tax compliance. Section 195 of the Income Tax Act, 1961, outlines the TDS requirement for individuals disbursing payments, such as interest or other amounts (excluding salary), to non-resident Indians (NRIs) or foreign companies. This blog post aims to provide a comprehensive guide to understanding TDS on payments to non-residents in India.

Charu Dhasmana

· 7,379 views

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

· 5,366 views

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