NRIs wax over FM axing tax proposal
Non-resident Indians cheered Finance Minister P. Chidambaram for abandoning the idea of taxing income from non-resident (external) accounts (NRE), a favourite investment avenue of the safety-conscious Pravasi Bharatiya.

Hassle-free money transfer at your finger tips
Ask any NRI, and he will have at least one painful experience when sending money home. Typically a consumer looks for convenience, speed, and safety of funds transferred. Enter online money transfer services, which enables you to send money from the comfort of your home.

Will they regain the sops?
The govt. may re-introduce the 9-year period for the RNOR status for returning NRIs. If the proposal is approved, returning NRIs will not have to disclose or pay tax on their global income till the ninth year of permanent residency in India.

Who is an NRI & other queries
Know everything about Non Resident Indians (NRIs), their bank accounts,investments, tax implications and other details. Here goes a set of frequently asked questions.

Buying a house in India: Is it easy?
As an NRI looking to buy a house back home in India, you have a unique advantage. The ability to earn in dollars and spend in rupees enables you to own your dream home without burning a hole in your pocket

Are Mutual Funds a good option?
With the series of rate cuts effected by the RBI, NRE deposits have ceased to be a favourite investment destination for NRIs. Instead, mutual funds have emerged as a viable and better investment option for NRIs looking to park their funds in India.