Transferring Property to Children Abroad: Legal Checklist for NRIs
Planning to transfer your property in India to your children living overseas? While it may sound simple, cross-border gifting or inheritance involves legal, tax, and FEMA compliance that NRIs can’t afford to overlook. Here’s a practical checklist to transfer property the right way — with no future complications. 🏠 Can NRIs Transfer Property to Their […]
Can NRIs Inherit Agricultural Land in India?
Wondering if you can inherit your family’s farmland in India as an NRI? While NRIs are restricted from buying agricultural land in most states, inheritance is a different ball game. Let’s break down what the law says — and what it really means for you. 🌾 Can NRIs Inherit Agricultural Land in India? Yes. As […]
Nomination vs Will: What’s Legally Binding in India?
Most NRIs think naming a nominee on their bank account or mutual fund is enough to ensure their assets pass to their loved ones. But here’s the truth: a Will overrides a nomination in most cases. This blog clears the confusion and helps you avoid future legal hassles for your family. ⚖ Nominee vs Legal […]
How to Write a Will in India as an NRI
If you’re an NRI with property, investments, or assets in India — having a legally valid Will is one of the smartest financial moves you can make. Here’s how to write one that holds up in Indian courts, avoids family disputes, and ensures your legacy reaches the right hands. Why NRIs Need a Will for […]
10 Common Tax Filing Mistakes NRIs Must Avoid
Filing taxes in India as an NRI comes with its own maze of rules, forms, and deadlines. Even small errors can cost you in penalties or missed refunds. Here’s your go-to guide to avoid the most common mistakes and stay on the right side of compliance. 💡 Why This Matters NRIs often juggle investments, property, […]
Income Tax Rules for NRIs: What’s New in FY 2025-26?
Navigating the latest tax changes? Here’s a detailed guide on the new income tax rules for NRIs in FY 2025-26 to help you stay compliant and optimize your financial planning. 🧾 Key Tax Changes for NRIs in FY 2025-26 Revised Income Tax Slabs The Union Budget 2025 has introduced new tax slabs under the default […]
How to Open an NRI Account from Abroad
Moving out of India doesn’t mean you cut ties with your financial life back home. Whether you want to send money to family, invest in Indian markets, or manage property-related income, you’ll need an NRI bank account. But here’s the good news—you don’t have to fly to India to open one. Most Indian banks now […]
PAN and Aadhaar for NRIs: Rules & Deadlines
For NRIs, understanding the requirements around PAN (Permanent Account Number) and Aadhaar is crucial to stay compliant with Indian tax laws and financial regulations. Both documents play vital roles, but the rules differ significantly for NRIs compared to resident Indians. What is PAN and Why is It Important for NRIs? PAN is a unique […]
KYC Requirements for NRIs Across Banks and Mutual Funds
If you’re an NRI looking to invest or manage finances in India, KYC (Know Your Customer) compliance is your first essential step. Whether you’re opening a bank account or investing in mutual funds, understanding the specific KYC requirements for NRIs will help you avoid delays, rejections, or compliance issues later. Why KYC is Mandatory […]
What’s the Difference Between NRE and NRO Accounts?
When you become a Non-Resident Indian (NRI), one of the first financial changes you’ll face is dealing with Indian banks. You can’t continue using your regular savings account in India once your residential status changes. Instead, you’ll need to choose between two specialised accounts: NRE (Non-Resident External) and NRO (Non-Resident Ordinary). Both are designed to […]
