The case against NRIs making real estate investments in India

This article was first published on livemint. Many of my Indian friends have invested in house property in India. Should I also do it?  Housing or real estate was a popular mode of investment for non-resident Indians (NRIs) till five years ago. High capital appreciation seen in the last decade along with monthly rental income had …

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NRIs should buy term insurance cover in the country of residence

This article was first published on livemint. As an NRI, should I invest in assured long-term saving plans with life cover or mutual funds? Let me come to one of the basic tenets of personal finance—you should not mix investment and insurance. Insurance-cum-investment products like unit-linked insurance plans (Ulips) and endowment plans are not good for …

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ELSS tax benefits are available for both Indian residents and NRIs

This article was first published on livemint. Are there any tax-saving advantages in NRI mutual funds? Equity-linked saving schemes (ELSS) allow tax saving under Section 80C of the Indian Income Tax Act. An investment of up to ₹1.50 lakh in ELSS can be claimed as a deduction from taxable income in India. These tax-saving benefits are …

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Can NRI invest in Mutual Funds?

“You can go other places, all right, you can live on the other side of the world, but you can’t ever leave home” – Sue Monk Kidd, The Mermaid Chair. Sue Monk Kidd truly said that you can’t really be away from home. Home is a place where one can grow freely. Now you have …

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