A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
PINS -- or Portfolio Investment Scheme -- is the permission that a Non-Resident Indian requires to trade in the Indian stock market. Normally, the bank obtains this for you. An NRI can have only one PINS account current at one time.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
Short-term gains from shares are taxable
But due to SEC diktats, funds that are US-based -- like Templeton, Fidelity and HSBC -- do not accept investments from NRIs.
Resident individuals can acquire and hold immovable property or shares or any other asset outside India without prior approval of the RBI.
This amount transferred to your father will be treated as gift and since tax is not applicable on gifts, received from close relatives, there will be no India tax incidence on either you or your father, irrespective of the amount transferred.
The key is to concentrate on selection and maintaining the disciplined way of investing.
Building a MF portfolio is akin to building and furnishing your home. There is no model portfolio to suit everyone's needs, so you can follow a few rules to build yourself one.
Moral of the story: it is not your fault if you are born poor, but if you stay poor, it certainly is!
Reverse mortgage is a financial option that senior citizen homeowners aged 60 and above can explore.
The surest way in theory to become rich is to know tomorrow's stock prices today. The moment we master the art and science of understanding market trends, and harness our skills of accurately predicting the trends, we will start rolling in wealth.
The following discussion is an attempt to look at some of the parameters to decide how to select mutual funds for investments.
If you are confused about which car is the right one for you, then it's time to clear the air.
It is said that there is a $350 million-art market now in India, but that, of course, is dwarfed by the market size in China, which is higher than $1.5 billion.
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