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Sale Of Property By NRI – How To Save Huge Amounts Getting Blocked As TDS

For Indians, Investing in a house property is common and popular. Many NRIs having own house properties in India and they also sell them. In such cases besides finding a buyer, it is also essential to understand the tax implications in case of sale of property by an NRI, particularly TDS (Tax deduction at source) provisions. If you don’t then a huge portion of sales consideration may get blocked in… Read More »Sale Of Property By NRI – How To Save Huge Amounts Getting Blocked As TDS

Indian Visa Requirements for Foreigners

The Passport (Entry into India) Act 1920, Passport (Entry into India) Rules, 1950, Foreigners Act 1946 & the Registration of Foreigners Rules, 1992 are the acts and rules which governs entry and exit of foreigners into India? The acts, policy and rules relating to entry and exit of foreigners into India are created and governed by the MHA (Ministry of Home Affairs), Government of India. All foreign nationals, including children,… Read More »Indian Visa Requirements for Foreigners

All about PIO Card

PIO also known as Person of Indian Origin is an identification status given to whom or whose any of the ancestors was a permanent Indian resident/citizen and who is currently holding valid citizenship and passport of another country. A person who is not an Indian citizen but he/she or his/her ascendants was an Indian citizen by the virtue of constitution or Citizenship Act 1955. PIO card was launched in 1999… Read More »All about PIO Card