SHARES, SECURITIES, UNITS etc
IMMOVABLE PROPERTY IN INDIA
REPATRIATION OF NON-REPATRIABLE AMOUNT
TAX FREE INCOME
CONCESSIONAL INCOME TAX
WEALTH TAX for NRI's
TAX RATES / TDS etc
FATCA & FBAR
OVDP, GLOBAL INCOME & PFIC
FEMA - PROVISIONS
TAX - PROVISIONS
TAX RATES / TDS etc.
Roth - Stock Option
Repatriation of NRO Balance / Non-repatriable Income
Returning NRI's Planning Package
Immigrating NRI's Planning Package
NRI Investments in Indian Companies
Overseas Investments by Residents
Repatriation / Remittance of Non Repatriable incomes and NRO balances :
Under the Foreign Exchange Management Act, 1999 [ FEMA ] NRI’s non-repatriable current income like rent, dividend, pension, interest on NRO deposits etc. credited in NRO account is now fully repatriable subject to payment / deduction of appropriate tax. Such facilities are also granted to NRIs who do not maintain NRO account.
A Non Resident Indian [ NRI ] as also a Person of Indian Origin [PIO ] can also remit upto US$ 1 million per financial year out of balance held in NRO account .Such balance in NRO accounts eligible for repatriation could have been sale proceeds of immovable property ; assets acquired by way of Inheritance/legacy ; an NRO deposit with a bank or a firm or a company ; provident fund balance or superannuation benefits ;amount of claim or maturity proceeds of insurance policy ; sale proceeds of shares, securities ; Balances held with Partnership or Proprietorship Firms etc.
The remittance is allowed for any legitimate purpose or for sheer reason of repatriation outside
We offer composite advisory services for repatriation which would include:-
.01 Collection of actual facts.
.03 CA Certificate.
.04 Appropriate follow up with the bankers
We also offer services of tax computation ; payment of taxes ; filing of tax returns and tax planning in this and other matters,
Tel. No. : 0091 281 245 3367 (four lines)