FEMA Archives | Pravasi Samwad

NRIs Urged to Update Banking Details and Avoid Common NRE, NRO Account Errors

Failure to update residency status and account information could lead to regulatory, tax and banking complications PRAVASISAMWAD.COM Non-Resident Indians (NRIs)

Returning NRIs and OCIs Advised to Check Tax Rules Before Gifting Overseas Property

Cross-border property transfers may avoid gift tax but can still trigger reporting and legal obligations in multiple countries PRAVASISAMWAD.COM Returning

ED seizes INR 28 crore worth of Indian assets linked to undisclosed Dubai properties

As part of the action, the ED has seized five Indian properties belonging to the Aggarwals worth ₹17.83 crore and

Sending Money to Parents in India: A Simple NRI Tax Compliance Guide

Recent court rulings have repeatedly confirmed that gifts from NRIs to close relatives are lawful and tax-exempt when supported by

Regulatory Landscape for NRI/OCI Investments in Indian Partnership Firms Under FEMA

PRAVASISAMWAD.COM Over the years, India has progressively eased its foreign investment framework, but partnership entities still fall under

Will ED crackdown stem the great Indian Dubai rush?

Increased scrutiny by India’s Enforcement Directorate could slow down the surge of Indian investors purchasing properties in Dubai PRAVASISAMWAD.COM Dubai’s

Managing FCNR (B) accounts when transitioning from NRI to resident

By understanding regulations, NRIs transitioning to residents can effectively manage their FCNR accounts and optimize their financial planning. PRAVASISAMWAD.COM When

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

RBI issues directives on how NRIs should invest in NCDs

This landmark announcement, part of the RBI’s master direction, released on January 3, 2023. It brings clarity and guidelines for

Reviving dormant NRI bank accounts

If you are an NRI or a PIO, you must know the consequences of a dormant NRI bank account and