The first question in the minds of any potential property investor is mostly regarding the safety of such an investment. The answer, though not difficult, does involve an analysis of the economy and exercise of due diligence in the area of investment. The relief factor, however, is that there are competent Professionals and Law firms who assist […]
Indians staying abroad have deep-rooted connections with India. Non-resident Indians or persons of Indian origin staying abroad are given various kinds of facilities in India for investment in property in India. Income from such investment, i.e. the Capital Gains is taxable under the Income Tax Act.Before getting on to understanding the rule of Investment for […]
The Government has temporarily dismissed its earlier notification regarding the closure of Public Provident Fund (PPF) accounts of NRIs that was issued last year.According to the new office memorandum released by the Department of Economic Affairs (DEA) on Feb. 23, the earlier notification about the closure of PPF accounts has been provisionally removed. “It has […]