NRI

NRI investments in mutual funds in India and Foreign Account Tax Compliance Act (FATCA) effects thereof The Indian economy is considered a very lucrative option for investments by the NRIs. Despite the obvious geographical and taxation difference, most NRIs prefer to invest back in their home country. This could be because for various reasons like […]

NRIs would loosely stand for non-resident Indians. In other words, those individuals who have left the country say for some reason. By definition, an NRI would be an Indian citizen who: