India has shown potential to grow exponentially. Now, the non-resident diaspora is also turning its head towards this country. It’s just because of the leverages and tax benefits on the NRI investment services in India. If you look at the country’s fiscal policy, this community, including OCIs (Overseas Citizens of India) and PIOs (Persons of Indian Origin), can delve into the non-repatriable investment. It offers an amazing opportunity to save millions of currencies.
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How NRIs Can Make More Money via Investment In India in 2017?
Are you soon settling in the foreign country?
Do you have Public Provident Fund (PPF) account and National Saving Certificate (NSC)?
If yes, you must be updated with the current update. But first, let’s catch a brief over PPF account.
Read MoreHow to Choose a Bank for NRI Investment?
An investor always loves to choose the bank that offers more rate of interest on deposits. It implies higher interest rate always attracts more investors. Non-residents of India (NRIs) are no bar from such intensions.
Read MoreCA Certification for NRI Investment No More Compulsory
Taxation policy updates are the alarming bells set for the tax payers. Non-residents of India used to find them chill wind to encounter with. Over the years, scenario has been changed. Relaxation in stringent taxation policies is introduced. This is done to get migrants head around NRI investment in various sectors, such as real-estate, housing, finance and technology.
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