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NRI Investments/Taxes for US residents Blog | Just another WordPress.com weblog | nriinvus.wordpress.com Reviews

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Interest on NRE / FCNR / FCP is not exactly tax free | NRI Investments/Taxes for US residents Blog

https://nriinvus.wordpress.com/2008/12/03/interest-on-nre-fcnr-fcp-are-tax-free

NRI Investments/Taxes for US residents Blog. Just another WordPress.com weblog. Interest on NRE / FCNR / FCP is not exactly tax free. Posted December 3, 2008. Interest on NRE / FCNR / FCP deposits is tax free in India, whereas interest on NRO account is liable to tax in India. Tax at source @ 30% is deducted from NRO interest. As NRE / FCNR / FCP interest is tax free, TDS is not applicable. However you should include the interest on NRE/other financial accounts on your U.S. tax return. Ii: Another Useful...

2

Repatriation | NRI Investments/Taxes for US residents Blog

https://nriinvus.wordpress.com/repatriation

NRI Investments/Taxes for US residents Blog. Just another WordPress.com weblog. Lays out the rules nicely. The following points recapture the points stated on that page. All types of income in the nature of Interest, Dividends, Rent, Mutual Fund distribution from any type of deposit, investment or properties is permitted for repatriation net of Income tax. This also covers income earned from business in India by a Non-resident as proprietor, Partner or joint venturer. Legacy, Bequest, Inheritance. Until ...

3

December | 2008 | NRI Investments/Taxes for US residents Blog

https://nriinvus.wordpress.com/2008/12

NRI Investments/Taxes for US residents Blog. Just another WordPress.com weblog. Archive for December, 2008 Monthly archive page. No Gift Tax for any money transfer to anyone in India. Posted December 3, 2008. Filed under: Gift Tax. As per the Gift Tax Act, following categories of Gifts made by the NRI’s are exempt from taxes:. Gift of foreign currency by an NRI to a resident relative, of convertible foreign exchange, remitted from abroad. Gift of a foreign exchange asset by an NRI to a relative. If the b...

4

No Gift Tax for any money transfer to anyone in India | NRI Investments/Taxes for US residents Blog

https://nriinvus.wordpress.com/2008/12/03/no-gift-tax-for-any-money-transfer-to-anyone-in-india

NRI Investments/Taxes for US residents Blog. Just another WordPress.com weblog. No Gift Tax for any money transfer to anyone in India. Posted December 3, 2008. Filed under: Gift Tax. As per the Gift Tax Act, following categories of Gifts made by the NRI’s are exempt from taxes:. Gift of foreign currency by an NRI to a resident relative, of convertible foreign exchange, remitted from abroad. Gift by an NRI out of the balance in his Non-resident (External) Account. Leave a Reply Cancel reply.

5

Hello world! | NRI Investments/Taxes for US residents Blog

https://nriinvus.wordpress.com/2008/12/03/hello-world

NRI Investments/Taxes for US residents Blog. Just another WordPress.com weblog. Posted December 3, 2008. This blog is more like a wiki for me to store the information I collect around NRI investments and taxes for US residents (Green holder or otherwise). This site is not going to be comprehensive. I am not a legal person. The information on this blog has not been ratified by any legal personal. Please use the data at your own discretion. Interest on NRE / FCNR / FCP is not exactly tax free ».

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NRI Investments/Taxes for US residents Blog | Just another WordPress.com weblog

NRI Investments/Taxes for US residents Blog. Just another WordPress.com weblog. No Gift Tax for any money transfer to anyone in India. Posted December 3, 2008. Filed under: Gift Tax. As per the Gift Tax Act, following categories of Gifts made by the NRI’s are exempt from taxes:. Gift of foreign currency by an NRI to a resident relative, of convertible foreign exchange, remitted from abroad. Gift by an NRI out of the balance in his Non-resident (External) Account. Posted December 3, 2008. And check &#8220...

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