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Know About ICICI NRI Account: Document Required, Eligibility and Application Process in 2024

An ICICI NRI Account is a banking service offered by ICICI Bank for Non-Resident Indians (NRIs). It allows NRIs to manage their income earned abroad and in India. These accounts include options like NRE (Non-Resident External), NRO (Non-Resident Ordinary), and FCNR (Foreign Currency Non-R

Written by NoBroker.com

Published on October 11, 2024

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How NRIs Can Apply for a Lower TDS Certificate: A Complete Guide in 2024

Tax Deducted at Source, or TDS is a way India makes sure taxes are paid before you get your income. For Non-Resident Indians, this tax affects how much money you end up with. Having a lower TDS certificate for NRI means less tax is taken out of your income, so you keep more of your money.

Written by Priyanka Saha

Published on September 30, 2024

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Loan Against Property for NRI: A Guide to Flexible Financing: Benefits, Eligibility & More in 2024

Being an NRI, you might have an aim or aspiration, and for that, you need some funding. The easiest way to meet the need is by availing a loan against property for NRI in India. These loans allow you to access the funds without selling off the property. This loan acts as a financial tool

Written by Rahul Sahani

Published on September 30, 2024

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Inward Remittance Meaning, Types, and How it Works

Have you ever wondered how your loved ones abroad manage to send money back home seamlessly? Understanding inward remittance meaning is very important. In India, sending out money from abroad is very different. The rules and processes for sending money out are stricter and more complicate

Written by Suju

Published on September 3, 2024

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NRIs Buying Luxury Property in India: Trends and Insights for 2024

NRIs buying luxury property in India are tapping into a dynamic and lucrative market. As India’s real estate sector continues to thrive, it presents numerous opportunities for NRIs seeking to invest in high-end properties. The allure of owning a high-end property in India, whether as a se

Written by Suju

Published on May 23, 2024

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Liberalised Remittance Scheme: Eligibility, Benefits and More

The Liberalised Remittance Scheme is a popular investment opportunity for NRIs. In this blog, we'll explore the benefits of the scheme, how to use it effectively, and the risks associated with it. What Is

Written by Siri Hegde K

Published on May 10, 2024

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Demystifying Tax Residency Certificates for NRIs and Business Owners

Tax Residency Certificate (TRC) is a crucial document for NRIs or anyone earning income from foreign sources. In this blog, we will discuss everything about the TRC, from what is TRC to its applicability to how to obtain it, and its validity. By reading this blog, you will learn about the

Written by Siri Hegde K

Published on May 10, 2024

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TCS on Foreign Remittance: Understanding Implications

TCS stands for Tax Collected at Source, which is a tax that is collected by a seller or a service provider at the time of sale or provision of service from the buyer. In the context of foreign remittance, TCS on foreign remittance refers to the tax that is collected by banks or authorized

Written by Simon Ghosh

Published on May 10, 2024

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