NRI News
A quick guide for NRIs wanting to invest in Indian Mutual Funds
Mutual Funds provide NRIs with a structured way to invest in India’s financial markets, enabling capital growth and diversification. The Indian mutual fund industry’s AUM has more than doubled in five years. NRIs need to complete KYC and choose the right bank account for investment.
3 min read17 Apr 2025For some NRIs, capital gains from Indian mutual funds are tax-free
If you’re a tax resident of a foreign country that doesn’t tax capital gains and has a residual clause under ‘capital gains’ in its double taxation avoidance agreement with India, you’re in luck.
6 min read15 Apr 2025Are non-residents taxed on Indian company share buybacks?
As per the latest Income Tax Act modifications, the entire sum paid by an Indian company upon the share buyback would be treated as a dividend in the hands of its shareholders.
2 min read14 Apr 2025Overseas markets emerge as big opportunity for local streaming platforms as diaspora seeks more regional content
Overseas Indians contribute as much as 40% of the revenue of some local OTTs. This audience favours culturally rooted content, with platforms focusing on regional narratives and enhancing accessibility through partnerships and data-driven personalisation for better user experience.
4 min read1 Apr 2025Can I transfer a gifted amount from the NRO account to a foreign bank account?
Form 15CB is required to remit funds from an NRO account to a foreign bank account.
3 min read31 Mar 2025Mint Quick Edit | Why are so many wealthy Indians leaving?
A survey by Kotak Private Banking found that a fifth of India’s ultra high net-worth individuals are either on their way out or plan to. Embarrassing as this is, we need a clear grasp of both push and pull factors behind this.
1 min read28 Mar 2025Can I exercise my employee stock options from an NRO account?
And will the payment be taxable because I am making it from an Indian account?
2 min read18 Mar 2025NRI couple: Sweden has high taxes and is expensive, but we wouldn’t have it any other way
NRIs Annamalai Ramanathan and his wife Meena Palaniappan take home only half of their gross income, but say the social security and other benefits they receive more than make up for this and Sweden’s high cost of living.
7 min read17 Feb 2025I am an NRI. How will my ESOPs from an Indian company be taxed?
In situations like this, it is common for a parent company to create a global employee stock ownership plan, which allows employees of its subsidiaries (including those based in different countries) to be eligible to receive its shares.
1 min read17 Feb 2025Manu Joseph: Why nobody talks about India’s ‘brain drain’ anymore
The migration of thousands of scientific ‘brains’ has not been a drain. It turns out that the ‘brains’ were just people who were lucky. Once they left, their places were easily filled.
5 min read2 Feb 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared