Legalities Of property owned by Non-NRI defined as the Property buys in India by NRI complying Legal Compliances. As there is a Prescribed Procedure to acquire the property if Purchased in India sticking to Legal Procedure that NRI has to follow. There might be some Stringent formalities under the law that NRI has to follow … Read more Legalities of NRI property ownership
Earlier NRIs were not allowed to incorporate themselves with Indian Companies without prior permission. But nowadays there is no restriction for foreigners or NRI to incorporate a business in India in the form of a company registered in India. So, This article is all about various Frequently Asked Questions that generally asked by the NRIs … Read more FAQs on Indian Subsidiary and Company registration by NRIs in India
ITR-1 cannot be used by the NRI for filing his return of income Generally, every year, the income tax return forms are notified by the central government in the first week of the April month of the assessment year. For example: For the financial year 2018-19, the forms normally issued in April 2019. However, with … Read more Which ITR is applicable for NRI for AY 2020-21
If you are a Resident India Buyer and looking forward to buying an NRI Property, then you are at the right place. The rules and regulations regarding the buying process of NRI property are kinda sophisticated in nature and responsibility of obeying all of these, is expected from the buyer. Therefore, most of the buyers … Read more NRI Property – 7 Mistakes: A Resident Indian Buyer Should Avoid.