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...
If you’re in the process of selling Indian property, opening a new Indian bank account such as a Non Resident Ordinary or Non Resident External account, you’ve probably been asked to provide your Permanent Account Number. This article provides you with a round up of a...
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...
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...
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...