If you have not filed your India tax return for the financial year 2018-19, you still can file it without payment of any penal fees as the Indian Government extended the filing due date to August 31, 2019.
Tag: NRI Personal Finance
India Equity: Opportunities abound but first a look at the basics of investing
India is one of the fastest growing economies in the world, and it is one of the most favourable destinations for long-term investments, especially in good quality high growth businesses.
Buying a home in India? A look at regulations, processes for such investments
Non-Resident Indians who are interested in buying a home in India need to equip themselves for making the best-possible property purchase decisions.
Stick to sovereign, low-risk India bonds for predictable returns
The bond market in India is under stress since last September, and it may be prudent for investors – both NRIs and domestic, to avoid investment in corporate bonds or corporate bond funds at the present juncture.
State Bank of India offering home loans to NRIs
India’s largest bank, the State Bank of India (SBI), has announced the launch of a scheme providing home loans to Non-resident Indians (NRIs) and Persons of Indian Origin (PIO).
Selecting the right bond funds in India for investment
The bond market in India continues to look attractive for Non-Resident Indians to invest, but caution is needed in choosing the right funds for investment.
Debt mutual funds gain after India budget
The Indian government’s latest budget has laid the roadmap for a deeper and wider bond market in India. The initial documentation and process of investment by Non-Resident Indians will also be much easier in the days to come, as highlighted by Finance Minister Nirmala Sitharaman in the Budget docu
NRIs expect big reforms, less red tape in India budget
Non-Resident Indians are expecting a host of reforms from the Indian budget, set to be announced on July 5, that would ease the rules for them to conduct business in India and increase their involvement in helping boost India’s economy.
Bond-ing with India: Investing directly or through mutual funds
Indian stock market indices (NSE Nifty and BSE Sensex) are near all-time highs and economic growth has declined significantly, and thus going forward the expectations are low for high returns in the stock market.
Special Non-Resident Rupee accounts: No interest but repatriable
In our NRI personal finance series this time we look at the rules governing Special Non-Resident Rupee Account (SNRR).
