NRI Nominees Can Claim PPF, NSC and SCSS Savings, but Overseas Transfers Face Rules Non-resident Indians can inherit proceeds from these savings schemes, but the money cannot automatically be transferred to a foreign bank
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
‘NRIs losing crores in India’: Banker blames it on one brutal legal document Investment banker warns that lack of a registered will is costing NRIs their rightful inheritance as they struggle to obtain
NRIs and PIOs Urge Reserve Bank of India to Facilitate Inheritance Transfers The RBI has the authority to grant higher remittance amounts in cases where the absence of fund transfer would result