A Handbook for Overseas Indians: Banking, Taxation and Investment in India

Tax FAQs: Banking, Investing and Taxation in India June 2009 65 pages List price: US$40.00

SUMMARY

“Banking, Investment and Taxation – Handbook for Overseas Indians” explores the various income tax issues concerning NRIs, People of Indian origin and other overseas Indians. It gives clear and precise definitions of the taxation and banking terms in keeping with the relevant acts that govern Overseas Indians. They can learn about the various types of income that are taxable in India along with the available exemptions, personal banking, different kinds of accounts that can be opened and tips on their operation as well as the interest and tax levied on these accounts. A very important aspect that this handbook covers is remittances in India and their tax implications. Other topics covered by this handbook include policy frameworks for investment; available investment options and modes; related legislation affecting NRIs; an analysis of various investment opportunities ranging from loans, real estate, shares and securities; and the acquisition and transfer of immovable property. This guide acts as a ready reckoner to various online resources, contact information and government departments that would come handy to NRIs.

>> India Centric Reports and PPTs
>> You may also be interested in this report