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Tag Archive for 'nri'

What Does Budget 2012 Mean To NRIs?

Published on March 17, 2012 in Indian Economy. 0 Comments Tags: budget, budget 2012, direct tax codes, nri, NRIs.

After the whole financial budget of 2012-13, there are some points has been noted down for the Non-Residential Indians (NRIs). The government will now allow the qualified foreign investors access to the Indian corporate debt market. This proposal when implemented in the market, it came up as the positive sign for the country’s shallow bond […]

3 Things NRIs Expect in Financial Budget 2012

Published on March 2, 2012 in Indian Economy. 0 Comments Tags: budget, budget 2012, DTC, nri, TDS.

The Non-Residential Indians (NRIs) expects from the Finance Minister to reduce the Tax Reduction at Source (TDS). NRIs are charged with TDS and they want some relaxation, whereas Resident Indians are charged with TDS only when income exceeds a certain limit. There is no such rule for the NRIs. Financial Budget 2012 for NRIs The […]