by Gaurav Matta | Nov 19, 2024 | NRI Services
When an NRI decides to sell property in India, they often face logistical and regulatory challenges, especially if they’re managing the sale from abroad. A Power of Attorney for NRIs selling property in India, in the form of a General Power of Attorney (GPA) or a...
by Gaurav Matta | Oct 17, 2024 | NRI Services, Remittance
Choosing the right NRI bank account is essential for managing your finances in India. Three popular options for NRIs are FCNR, NRE, and NRO accounts, each offering unique features tailored to different financial needs. 1. FCNR (Foreign Currency Non-Resident)...
by Gaurav Matta | Oct 15, 2024 | NRI Services, Remittance
For NRI’s, outward remittance from India proceeds from sale of property that requires compliance with legal and tax regulations. Understanding the rules for NRIs remitting property sale proceeds from India is crucial to ensure a smooth and compliant process. ...
by Gaurav Matta | Oct 11, 2024 | Uncategorized, NRI Services
For Non-Resident Indians (NRIs), selling immovable property in India involves navigating several legal, regulatory, and taxation frameworks. As global citizens, NRIs often seek to sell their inherited or self-acquired property in India, whether for personal financial...
by Gaurav Matta | Aug 12, 2024 | NRI Services
As an NRI (non-resident Indian) selling property in India is nothing short of a nightmare. There are several factors (such as below) considering which a lot of NRIs take a step back. Multiple unproductive trips to India Process understanding Evolving tax structures...
