What Is Form 12BB: Meaning, Required Documents, Format, and How to Fill for Tax Deductions
Form 12BB is an income tax document that employees in India must submit to their employers to claim tax deductions on salary-related investments and expenses. It helps calculate the correct amount of TDS (Tax Deducted at Source). For NRIs earning a salary from India or working for Indian
PMS for NRI in India: Meaning, Eligibility, Types, Documents and Tax Implications
Portfolio Management Services (PMS) represent a sophisticated and personalised approach to wealth management, designed for high-net-worth individuals. For Non-Resident Indians (NRIs) looking to professionally manage their investments in the Indian market, pms for nri is rapidly becoming t
What is Section 115bac: New Regime vs Old Regime, Tax Rules & Benefits
Section 115BAC of the Income Tax Act introduces an optional new tax regime that allows individuals to pay tax at lower rates by giving up certain exemptions and deductions. It offers a simpler way to calculate tax liability for both residents and Non-Resident Indians (NRIs) earning income
What is Offshore Account: Meaning, Types, Benefits and Legal Aspects
For NRIs (Non-Resident Indians) who handle money in different countries, an offshore account is a type of bank account opened in a country other than where you currently live. These accounts are becoming more common among NRIs because they offer several benefits, such as easier global ban
Reasons Why NRI Moving Back To India: Financial, Tax, and Legal Checklist
The decision for an NRI moving back to India is a significant life event, driven by a desire to be closer to family, explore new career opportunities, or enjoy retirement in a familiar cultural setting. While emotionally rewarding, this transition is a complex process that extends far bey
DTAA Between India and Malaysia: Benefits, Rates and Tax Savings in 2025
The Double Taxation Avoidance Agreement, or DTAA, is a crucial bilateral treaty designed to prevent the same income from being taxed in two different countries. The DTAA between India and Malaysia is particularly important for Non-Resident Indians [NRIs], businesses, and investors operati
Legal Heir Certificate for NRI: Meaning Documentation and Application Process in 2025
For a Non-Resident Indian (NRI), a legal heir certificate for NRI is a foundational document required to establish the rightful successors to a deceased person's assets in India. This certificate is of paramount importance in matters of property inheritance and for claiming financial asse
Top 10 NRI Real Estate Websites for Property Investment, Selling and Buying in India 2025
Investing in Indian real estate is a significant financial goal for many Non-Resident Indians (NRIs). However, the process is often complicated by geographical distance, complex legal procedures, and property management challenges. A professional NRI real estate website is designed to sol
Punjab National Bank NRI Account: Types, Eligibility, Documentation and How to Open in 2025
Opening the right bank account is crucial for Non-Resident Indians who want to manage income, savings, and investments across borders with ease. A Punjab National Bank NRI account provides NRIs with the flexibility to manage both foreign earnings and funds generated in India through secur
HSBC NRI Account: Features, Documents, Eligibility Criteria and Charges in 2025
The HSBC NRI Account is a specialised financial solution designed to meet the unique banking needs of Non-Resident Indians. HSBC, with its extensive global network, offers a suite of NRI banking services, including NRE, NRO, and FCNR accounts, facilitating seamless management of both fore
What is NRI Certificate: Meaning, Uses, Documents Required & Procedure in India
A Non-Resident Indian (NRI) is a citizen of India who resides in a foreign country for purposes such as employment, business, or education. The NRI certificate is an official document that formally validates this non-resident status. Understanding what an NRI certificate is and how to obt
Power of Attorney from UAE to India: Format, Documents & Legal Process in (2025)
Managing property in India from the UAE can be challenging, so many NRIs use a Power of Attorney (POA) to manage affairs. A POA from the UAE authorises a trusted representative to handle property transactions, rentals, or disputes. This saves time and travel costs and safeguards property
Power of Attorney for India Property from UK: Format, Documents & Legal Process in 2025
For Non-Resident Indians [NRIs] living in the United Kingdom, managing real estate in India can be a significant challenge. A Power of Attorney [POA] is a crucial legal instrument that allows you to appoint a trusted person in India to handle your property matters on your behalf. Understa
DTAA Between India And France: Tax Relief, TDS Rules & Benefits in 2025
The Double Taxation Avoidance Agreement, or DTAA, between India and France, is a formal treaty designed to prevent individuals and businesses from being taxed on the same income in both nations. This agreement is crucial for Non-Resident Indians (NRIs), investors, and companies operating
DTAA Between India And Japan: Benefits, Tax Rates & Claim Process in 2025
Designed to eliminate double taxation, the DTAA between India and Japan plays a vital role in simplifying cross-border tax obligations. For NRIs having Japanese nationals earning in India, it provides a clear framework for allocating taxing rights, avoiding disputes, and reducing overall