How Can NRIs Claim a Refund on LTCG Tax

Claim a refund on LTCG tax: There are various sources of income or NRI investment options in India. However, as per Indian tax laws, an NRI can receive payment only after the deduction of TDS, even if their income is less than Rs. 2.5 lakh per annum. TDS is deducted on long-term capital gains (LTCG) and short-term capital gains (STCG) earned by NRIs on mutual funds, shares, bonds, rental income, sale of property, stocks, NRO accounts, etc. Interest on NRE and FCNR accounts is tax-exempt.

Citibank NRE FD Rates 2022: NRI Account

Citibank offers a wide range of banking solutions to Non-resident Indians (NRIs) and overseas citizens of India (OCIs), including Citibank NRI account and NRI fixed deposits. NRIs can earn attractive interest rates on NRI fixed deposits. Latest Citibank NRE FD rates range from 2.75% to 3.50% per annum. Interest earned on NRE and FCNR FDs is tax free in India, however, interest earned from NRO fixed deposits is subject to TDS (Tax Deducted at Source).

7 Famous Adventure Air Sports in the USA

In recent years, adventure sports have become substantially popular, particularly among visitors who view their vacations as more than just fun and relaxation. Hence, many locations in the United States also offer a variety of Adventure Air Sports like Skydiving, Paragliding, Bungee Jumping and a lot more. Adventure Air sports is the favorite method for all the adrenaline junkies to satisfy their cravings for more thrill in life. Here is a list of adventure air sports in the USA that you must try if life-changing experiences, celebrating victories and thrill is the feeling that you look for.

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