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February 6, 2026 The Union Budget 2026–27 has introduced targeted, practical reforms that directly impact Non-Resident Indians (NRIs). While there are no sweeping …
Many NRIs assume that spending a few extra weeks in India has no tax consequences. However, Indian income tax law contains a critical rule that can silently change your tax residency. Crossing 120 days in India, when combined with certain income thresholds, can expose NRIs to significantly higher tax liability. In 2026, this remains one…
The Union Budget 2026–27 has introduced targeted, practical reforms that directly impact Non-Resident Indians (NRIs). While there are no sweeping tax rate changes, the Budget focuses on simplifying compliance, easing property transactions, and improving investment access for NRIs. This blog breaks down Budget 2026 exclusively from an NRI perspective—covering taxation, property sales, remittances, investments, and…
Many NRIs and OCI holders believe FEMA compliance is just paperwork. In reality, one wrong transfer can lead to penalties running into crores. The Foreign Exchange Management Act (FEMA) strictly regulates how money moves into and out of India. Even an unintentional mistake can attract penalties up to three times the transaction value. Let’s understand…
For Indians and NRIs living in the United States, access to Indian banks abroad brings familiarity, trust, and convenience. Whether it is managing NRE/NRO accounts, handling property transactions in India, or transferring funds, Indian banks with a presence in the US play a crucial role in cross-border financial life. This guide covers major Indian banks…
NRIs frequently invest in Indian real estate through builder-buyer agreements where possession or registration may be delayed. This blog explains how such properties are taxed under the Income-tax Act, 1961 (as applicable from AY 2025–26), focusing on capital gains classification and TDS obligations. 1. What Constitutes a Capital Asset? Under Section 2(14), any right in…
NRIs frequently invest in Indian real estate through builder-buyer agreements where possession or registration may be delayed. This blog explains how such properties are taxed under the Income-tax Act, 1961 (as applicable from AY 2025–26), focusing on capital gains classification and TDS obligations. 1. What Constitutes a Capital Asset? Under Section 2(14), any right in…
There is a lot of noise right now around long-term capital gains (LTCG) tax on sale of property in India – especially after the July 2024 changes. Many NRIs are asking: “Am I better off with the old 20% with indexation or the new 12.5% without indexation?” The short answer for NRIs is: – For…
If you’re an NRI, congratulations you’ve successfully complicated your finances across borders. Unfortunately, India’s Foreign Exchange Management Act (FEMA) is not impressed by your global lifestyle. FEMA violations often happen quietly, invisibly, and then explode later when you least expect them usually when you return to India or file your taxes. Below are five common…
For NRIs dealing with money matters in India, one of the most common (and costly) mistakes is assuming that compliance with Income Tax automatically means compliance with FEMA. In reality, FEMA and Income Tax are two completely different laws that govern the same transaction for very different reasons. Understanding this distinction can help you avoid…
For many NRIs, the idea of returning to India brings excitement — family reunions, new opportunities, and a fresh start. But there’s one area most people postpone until the last minute: Banking, tax status, and financial transitions. Smart NRIs plan this before boarding the flight. Here’s a simple, practical gameplan to help you avoid penalties,…
The Union Budget 2026–27 has introduced targeted, practical reforms that directly impact Non-Resident Indians (NRIs). While there are no sweeping …
Many NRIs and OCI holders believe FEMA compliance is just paperwork. In reality, one wrong transfer can lead to penalties …
NRIs frequently invest in Indian real estate through builder-buyer agreements where possession or registration may be delayed. This blog explains …
NRIs frequently invest in Indian real estate through builder-buyer agreements where possession or registration may be delayed. This blog explains …
There is a lot of noise right now around long-term capital gains (LTCG) tax on sale of property in India …
If you’re an NRI, congratulations you’ve successfully complicated your finances across borders. Unfortunately, India’s Foreign Exchange Management Act (FEMA) is …
