Investment Options In India For NRIs - PowerPoint PPT Presentation

Loading...

PPT – Investment Options In India For NRIs PowerPoint presentation | free to download - id: 88ff5f-NWJiN



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

Investment Options In India For NRIs

Description:

Being a non-resident Indian and moving abroad for employment is the most cherished dreams of the citizens of India. No doubts, it definitely takes a lot of persistent effort to achieve the dream of working abroad. Click here for the details… – PowerPoint PPT presentation

Number of Views:14

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Investment Options In India For NRIs


1
?
Home ? Blogs ? Investment options in India for
NRIs Investment Options In India For
NRIs In Green Homes
2
Being a non-resident Indian and moving abroad for
employment is the most cherished dreams of the
citizens of India. No doubts, it de?nitely takes
a lot of persistent effort to achieve the dream
of working abroad. Once one settles down in a
foreign country, the next concern would actually
be about planning the goals of life and investing
to achieve these. With Indians savings the rate
being highest in the world, the non-resident
Indian, you would look for good investment
options in the country of residence or India. The
evolving Indian economy that attracts the
investments from the world over, from the wealthy
individual investors to the foreign institution
takes the advantage of the higher growth
environment. Investing in India would actually
serve as a dual purpose for you as a non-resident
Indian, better growth prospects for investments
as well as the emotional grati?cation of helping
the home country to develop and grow further.
The government has rolled-out the rules and
regulations favoring smooth in?ow of the
investments for non-resident Indians. If one
makes the investments in India, which are
actually not repatriable, they are measured as
domestic investments as well as the Foreign
Direct Investments cap is not applicable. The
business receives such bene?ts from investments
from the rule as these are the cap on the
received investments received as you as the
non-resident Indians, can invest in the pro?table
organizations without 10 cap of paid-up capital
of the organization. Before we explain the
investment options that are available in India,
it is important to understand how one quali?es
as the non-resident Indian If you have lived
abroad for over 182 days in the ?nancial year,
you are classi?ed as a non- resident Indian for
that speci?c ?nancial year. If you have taken the
citizenship of the foreign country, you are
classi?ed as the Person of Indian origin. For
all, however, tax purposes and Foreign Exchange
and Management Act rules, PIOs and NRIs are
considered similar. Even before you begin to
invest in the asset categories in India, securing
the Pan is mandatory. Also, you have to undergo
one-time Know Your Customer process to which you
are assured to announce the citizenship and
residency details. You are allowed to invest in
the asset classes such as real estate, mutual
funds, direct equities, government securities,
bonds, term deposits, National Pension Scheme,
etc. in India but it is not permitted to invest
in post o?ce deposits and public provident fund.
For all the investment purposes, one has to open
the transaction/savings account in the bank to
carry out the ?nancial transactions. There are 3
categories of bank accounts for non-resident
Indians, namely Non-resident Ordinary
Accounts Non-resident ordinary accounts are rupee
accounts which can be either term deposits,
savings, current accounts or recurring deposits.
These accounts proffer limited
3
Thank you for using www.freepdfconvert.com service
!
Only two pages are converted. Please Sign Up to
convert all pages. https//www.freepdfconvert.com
/membership
About PowerShow.com