We deal in special financial and corporate services for NRI people in India. We have a dedicated team of income tax consultants and lawyers who efficiently work for your entire financial services service provider. My Men in India offers income tax return filling, property management and maintenance services, property investment services and document procurement services. We perform all legal formalities for all corporate and financial issues.
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NRIs tussle with a lot of questions over how and where to go for document procurement. Birth certificate, mark-sheet/transcript, marriage certificate, death certificate, bachelorhood certificate and PAN card can be gotten online and MCD or magistrate office. Their need can be arisen for passport and visa especially.
A lot of NRIs remit money to their family in India from their savings to look after the family. And their does come times when they need help looking after the family, property, money, or even legal matters.
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You are an NRI and surely love the India Growth Story. You have invested in Property, Stocks, Mutual Funds, etc. in India. You may be having some bank accounts and other assets in India, too. Now, how does the income from these investments impact you in terms of taxation in India as an NRI? Also in your country of residence – be it USA, UK, Europe, Africa or wherever around the globe!!
This is what I know about NRI Banking NRE and NRO account and what difference between them. There could be some more, if you know then please post as comment.
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Because of their safety and assured returns in turmoil economic situations, fixed deposits are one of the most popular financial instruments in India. Risk-averse Indian investors prefer to invest in fixed deposits. However, not only resident Indians but NRI (Non-residents Indians) can also deposit their earnings in foreign FDs in India. Multiple banks and NBFCs provide NRIs with financial services like NRE accounts, NRO accounts, home loans, personal loans, fixed deposits, and a lot more. Common FDs for NRIs are NRE Fixed Deposits, NRO Fixed Deposits, FCNR Fixed Deposits, RFC Deposit.
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NRIs need NABC when they have no original birth certificate or it was lost in fire or natural calamities. It is issued by the Municipal Corporation of the district or the hospital authority. After paying certain fee, it is delivered to the applicant NRI. NRI services providing portals provide it seamlessly against the fee and authority from the NRIs.
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NIR’s have to face many issues. These issues can related to Property, banking and taxation, online fraud, marriage, etc. Only the competent lawyer who has proper knowledge of provisions for NRI’s could handle these cases.
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NRIs tussle with a lot of questions over how and where to go for document procurement. Birth certificate, mark-sheet/transcript, marriage certificate, death certificate, bachelorhood certificate and PAN card can be gotten online and MCD or magistrate office. Their need can be arisen for passport and visa especially.
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S2NRI stretches its helping hand to provide Non-residents of India (NRIs) relief in tax payment. On being authorized by you, we put every possible effort for saving your tax via Tax Exemption Certificate.
NRIs have their roots in India. That’s why they need essential documents to be issued from school, colleges, Municipal Corporation, hospital, Registrar General and the Ministry of External Affairs. Documentation work in India may require 2 to 4 weeks approximately.
Through different strategy changes in later past, the Indian government has been ensuring that non-occupant Indians are appropriately remunerated for the commitment in molding the economy of the nation. http://www.coldwellbanker.in/blogs/developments-nri-buyers-must-know
An NRI can have ownership of multiple properties. But exception is there. Only movable property in any number can be his own. But the claim for self-occupied is applicable over one. 30% of the total rental amount can be deducted as maintenance charge. The tax can be deducted against the payment of 2nd property’s interest on loan.
NRIs tend to expend in India or abroad. Therefore, they have to bear in mind that having NRO, NRE or FCNR a/c is a must to channelize money for investment. They must have PIS a/c as well for reporting their investment to RBI in India. They can expend their capital in mutual funds, NPS investment and equities.
In this PPt,we have several options when it comes to foreign investment in India that are available for the non-resident Indians.If you need legal consultant, visit to Ahlawat & Associates, who help legal services in India.https://bit.ly/2PksJxr
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The Indian economy has provided a feel good factor for NRIs especially in the real estate sector. Many avenues are created as well as schemes being fashioned for them to maximize the investments from abroad.
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The non-inhabitant Indians have dependably demonstrated some profound enthusiasm for the Indian land showcase. Likewise, be it the reasonable homes or the extravagance properties, the realty designers Click here for the details www.coldwellbanker.in/blogs/under-what-conditions-do-nris-get-home-loan-india
NRIs are always on constant look out for staying connected with the home country. This can be done by wisely investing in properties in home country. Check out this presentation that provides the guidelines for NRIs for making wise investments in India.
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Complications don’t let the NRIs go without any harm in property purchase and investment. Whether to buy movable or immovable property, which banking channels to choose, how to take home loan and pay its EMI and can it be purchased through joint venture. Either relatives or friend can be that joint partner. The payment should be made in Indian currency.
It is convenient for an NRI or a non-resident Indian to acquire an NRI home loan from any of the lenders in India for buying a property in the country. Before knowing the top 5 things for NRI home loans, it is imperative to first understand all the essential details.
Today, many Indian developers conduct roadshows in abroad. The NRIs should not be completely convinced by the attractive and impressive presentations as well as the glossy brochures. http://www.favista.com/blog/2017/10/18/essential-checklist-nri-investment-india/