NRIFOCUS.COM spoke to CA Dhaval K Jasani, Founder and CEO, ZTI Global Consulting to find out all about property tax, saving schemes and investment options for NRIs in the UAE. Part 1 of the series.
Explainers
Myths busted: India’s new citizenship act explained for NRIs
CAA does not cancel naturalisation laws. Therefore, any person, including Muslim migrants from any foreign country, seeking to be Indian citizens, can apply for the same under the existing laws, says Indian Ministry of Home Affairs
All you need to know about Jaywan, the new digital payments card introduced by the UAE and India
The new card will enable citizens of both the countries to make local payments digitally
I am an NRI in the UAE. I plan to sell my flat in Mumbai. Will I be taxed?
In case of sale of property by an NRI, the buyer is obliged to withhold tax at source from sale consideration, termed as TDS (Tax Deducted at Source) based on the applicable rates and remit this TDS to the department under the tax account of the seller
As an NRI, can I invest in all stocks on the Indian stock exchanges?
FIIs, NRIs, and Persons of Indian Origin (PIOs) are allowed to invest in the primary and secondary capital markets in India through the portfolio investment scheme
Is it mandatory for NRIs to open an NRE account in India and have a PAN card?
While it is not mandatory for all NRIs to have a PAN, those who have a source of income in India need to have a PAN to file their income tax return and pay taxes that are due
Can I remit Dh1 million from my NRE/NRI account in India to my bank account in the UAE?
The Reserve Bank of India (RBI) allows NRIs to remit up to $1 million per financial year (from April to March) from the NRO account