Jul 11, 2023 | Indian Law Weekly Round-Up, NRI Legal Services, PAN, Power of Attorney, Taxation
In this article we look at the India digital currency pilot by Reserve Bank of India. And it’s steps to trial a new way of money. The first test pilot of CBDC was released during October/November 2022. Subsequently, we’ll consider potential & upcoming...
Jun 20, 2023 | Indian Law, Indian Law Weekly Round-Up, NRI Legal Services, OCI, PAN, Power of Attorney
In continuation of our previous articles on updating your existing PAN Card, if you have financial matters in India you may already hold a PAN. We discuss the requirements to update PAN Card from Resident to NRI. In addition, whether you fall under the parameters of...
Jun 13, 2023 | Indian Law, Indian Law Weekly Round-Up, NRI Legal Services, OCI, PAN, Taxation
In this segment you will find information about Capital Gains Tax India and its correlation to PAN Card. As a Foreign Citizen of India with immovable property either inherited, gifted or purchased, frequently the question persists whether capital gains tax is...
Apr 22, 2023 | Indian Law, Indian Law Weekly Round-Up, NRI Legal Services, OCI, PAN, Power of Attorney, Taxation
This segment details the benefits of PAN Card for an Overseas Citizen of India or a Foreign Citizen. The Permanent Account Number which is commonly known as PAN, is imperative to certain financial activities carried out in India. If you do not hold a PAN, your...
Apr 1, 2023 | Indian Law, Indian Law Weekly Round-Up, NRI Legal Services, PAN, Power of Attorney, Taxation
As an Overseas Indian Citizen with Indian bank accounts, you should know about KYC. In this segment we look at KYC and its application in Indian banking. Before you begin, if you’ve not read our previous segments for Non Resident Ordinary Account (NRO) and Non...