Rahul Jain, Author at Pravasi Samwad

New Form 12BAA empowers parents to claim TCS credit for overseas education remittances

The implementation of Form 12BAA marks a significant step toward tax transparency and financial support for families, facilitating easier TCS

NRI deposits surge to $7.82 billion between April and August 2024, says RBI

These latest figures underscore the continued appeal of India’s banking schemes to its global diaspora, particularly amidst fluctuating global markets

Surge in demand for health insurance in India among NRIs

This surge in NRI interest in term and health insurance highlights their focus on financial security and healthcare, with more

NRI Real Estate Investments Surge: Exploring key opportunities and trends

This combination of high returns, secure investment avenues, and expanding growth potential makes the Indian real estate market an appealing

Understanding the latest PPF rule changes effective October 2024

What You Should Do: Account holders should review their accounts to ensure compliance with these new rules. If you hold

Understanding income tax and account rules for NRIs

PPF Maturity and Savings Account Conversion: A PPF account also poses unique considerations If the account was opened before the

AU Small Finance Bank introduces competitive FCNR (B) deposit rates, offering up to 6.30% for NRIs

AU Small Finance Bank’s FCNR (B) deposits offer a reliable solution for NRIs to grow their savings in India while

Fi Money revolutionizes NRI banking with paperless, 30-minute account setup

By offering a host of financial management tools, automated payments, and easy investment options, Fi Money’s NRI-focused solution could lead

ICICI Bank introduces UPI payment facility for NRIs via international mobile numbers

This move represents a significant stride in enhancing the ease of financial transactions for NRIs, promoting a smoother digital payment

A comprehensive guide for NRI investment strategies

Ultimately, selecting the right account depends on individual circumstances. NRIs must consider their income sources and long-term financial goals to