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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
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
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
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
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
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
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
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