Buying property in India is a popular investment choice for Non-Resident Indians (NRIs), driven by emotional ties, favorable policies, and financial opportunities. However, navigating the process requires a good understanding of regulations, financing options, and tax implications. Here’s what NRIs should know before making a real estate purchase in India. 1. Understanding Regulations NRIs must…
The Union Budget 2025 introduces tougher tax rules for Non-Resident Indians (NRIs), including students and young professionals living abroad. Key changes include stricter monitoring of foreign income, expanded residency definitions for taxation, and potential impacts on tax treaty benefits. Students working in countries such as the US, UK, Canada, and Australia will face increased reporting…
GIFT City Alternative Investment Funds (AIFs) provide a seamless route for international investors to access Indian markets. Unlike traditional methods, investors can directly invest in US dollars into a GIFT fund, which subsequently invests in Indian equities and mutual funds. This eliminates the need for opening accounts in India, making the process efficient and accessible….
Experts advised non-resident Indians (NRIs) investing in India to focus on the bigger picture rather than reacting to short-term events or market fluctuations. Speaking at the 42nd annual international conference organized by the Institute of Chartered Accountants of India (ICAI) Dubai chapter, industry leaders emphasized the importance of patience and long-term vision when investing in…
Dubai-based retail giant LuLu Group has opened its IPO subscription on the Abu Dhabi Securities Exchange (ADX), offering investors a chance to own part of one of the Middle East’s largest hypermarket chains. The Lulu IPO is the second NRI-owned company to list on ADX, following Burjeel Holdings, owned by Shamsheer Valappil. Here’s your guide…