What is a Foreign Currency Non-Resident (FCNR) fixed deposit account? know about its features and benefits?
Introduction – Foreign Currency Non-Resident (FCNR): For Non-Resident Indians (NRIs), managing foreign earnings efficiently is crucial. One effective way to achieve this is through a Foreign Currency Non-Resident (FCNR) fixed deposit account. This account allows NRIs to deposit their foreign income in India without converting it into Indian Rupees, thereby avoiding exchange rate risks. An…
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Zero Capital Gains Tax for NRIS in Indian Mutual Funds – What You Need to Know in 2025
Introduction Are you looking for smart, tax-efficient ways to grow your wealth in India? Then you’ll be pleased to know that zero capital gains tax for NRIs investing in Indian mutual funds is now a legal possibility under certain conditions. With rising global interest in Indian markets, NRI mutual fund investment in India is gaining…
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Maximise Your NRI Tax Refund through DTAA(Double Taxation Avoidance Agreement)
Introduction In today’s globalized world, many Indians live and work abroad as Non-Resident Indians (NRIs).While living outside India has its rewards, managing taxes becomes a complicated affair for NRIs. Often, NRIs earn income in both India and their country of residence, leading to a situation called double taxation, where the same income gets taxed twice,…
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