In our last segment we discussed the purpose of an NRO account in relation to NRI, OCI property – real estate. Below, we discuss Agreement of Sale – NRI OCI. Evidently, it can be said with some confidence that the scope and process involved in repurposing...
The NRO Account for NRI OCI Real estate is an important aspect to consider when required in instances where you are; Acquiring or Selling property which may involve transferring immovable property in India as well. Accordingly, it enables you to manage your...
Continuing from our previous segment for NRI OCI assets in India, we touch on movable and immovable assets in India. Specifically, as detailed by Income Tax Department Government of India, Acts (WT). Firstly, are there any rules for determining the value – NRI...
We detail some important aspects of the terms – Non Resident Indian, OCI, PIO in this article. Firstly, what is the size of the Indian diaspora abroad? In relation to the number of Non Resident Indian, OCI, PIO worldwide, the Ministry of External Affairs, Government...
“Including Overseas Citizen of Indian – Foreign Citizens” Continuing from What is a PAN Card. How to apply for NRI PAN?, in this section we further detail the uses of PAN as well as any apparent benefits for individuals living abroad in relation to the parameters of...
