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Over 25 million people of Indian origin, currently live abroad and a large majority of them continue to have close ties with India. The NRI Guide is a reference book to help non-resident Indians (NRI) understand some of the policies and procedures that they may have to deal with, because of their non-resident status in India. Foreign nationals of Indian origin as well as non-residents from India, whether they want to travel to India for social or business purposes, invest in India, buy or sell property, repatriate funds abroad or return to India permanently. They will find useful information in this book. Readers should find procedures explained in a simple format for the average reader to understand.
A guide to NRI's when they plan an investment in India.
Incorporates The Latest Amendments In The Finance Bill 2007A Complete Guide For The NRI covers in detail all the rules and regulations applicable to Non-resident Indians. It bridges the gap that exists a gap between an inadequate understanding of the laws as they relate to NRIs and the NRI himself. This book is a must for every NRI, persons intending to become NRIs, financial consultants, bankers and students. In this book, Mr. Raghu Palat a highly-regarded banker, investment adviser and tax consultant, Raghu Palat, opens up the world of the Non-Resident Indian. In clear and lucid terms, he explains all that an NRI needs to know in order to manage his affairs well. Who is an NRI What must he be aware of with regard to taxes Where and how should he invest in India Whether he can avail of loans Against his NRI account and from others What can he bring into the country with concessions or dutyfree