Non-resident Indians (NRIs) are increasingly investing in Indian mutual funds, but the choice between using an NRE (Non-Resident External) or NRO (Non-Resident Ordinary) account continues to be a ...
NPCI will first enable UPI for mobile numbers from Singapore, Australia, Canada, Hong Kong, Oman, Qatar, the US, Saudi Arabia, the UAE, and the UK The government has been promoting UPI at an ...
Many NRIs have sources of income rooted in India despite moving abroad. These typically include income, rent, pensions, or returns on investments. Managing this money is crucial, especially when it ...
As the Union Budget approaches, it is proposed that a rethink is needed on how interest income earned on Non-Resident External (NRE) and Foreign Currency Non-Resident (FCNR) deposits should be taxed.
Rahul was relocating to London for work and wanted to organise his finances before he left. He was looking for a suitable NRI account in India which would help him transact in his home country while ...
In another push for the unified payments interface, ICICI Bank has allowed NRI customers to sign up for UPI using international mobile numbers to make payments within India. ICICI Bank’s NRI customers ...
For many NRIs, the flight back to India is not a full stop. It is a comma. A career opportunity abroad may still be alive. Children’s education plans may still be overseas. A spouse may continue to ...
Non-resident Indians (NRIs) are preferring to buy term insurance policies from India as they are 20-50% cheaper as compared with those bought from the US, UAE or Singapore. This gap can translate into ...