Differences between OCI and PIO: Explained
An NRI, PIO, or OCI is a person with Indian ancestry who currently resides abroad. PIOs and OCIs are foreign nationals of Indian origin, whereas an NRI is a residence status granted to an … READ FULL STORY
An NRI, PIO, or OCI is a person with Indian ancestry who currently resides abroad. PIOs and OCIs are foreign nationals of Indian origin, whereas an NRI is a residence status granted to an … READ FULL STORY
Laws governing property ownership by non-residents in India are not only different from the laws governing residents, they are also quite complicated. Even though there is a wide range of assets that NRIs can own … READ FULL STORY
A non-resident Indian (NRI), who is interested in buying a property in India, can do so. However, his property investment must be made in line with the provisions of the Foreign Exchange Management Act … READ FULL STORY
Non-resident Indians not paying taxes in any foreign country will now be taxed in India, the Union Budget for 2020-21 has proposed. At present, if an Indian or a person of Indian origin managed … READ FULL STORY
Non-resident Indians (NRIs) have been a significant segment of investors, in the Indian real estate market. NRIs generally buy properties in India for investment purposes or out of their emotional connect with their country … READ FULL STORY