r2i forum

[QUOTE=R2I;383568]I tend to think Growth option may better.

With Dividend option, Dividend is paid after deducting tax from payee side. [/QUOTE]

Growth will be better for the reasons you stated, assuming the person still remains in the zero tax bracket.

Many banks are giving higher interest rates for special # days FD. See if you can get something in the range of 6 months. Anyway the interest rates start getting good (8 percent range) only after 6 month period, so maybe she holds her money in liquid or any FD for months 1-6, and the remaining can ...

You could look at liquid funds ... ICICI has a flexible income plan. The returns are not great, about 5%. However, the flexibility of cashing out anytime without a penalty is there. So if you need funds in 30 days or 60 days instead of 45 days, you do not need to time the FD etc. Also, there are no ...

[QUOTE=swamy;350121]Anyone figured this out yet ? [/QUOTE]

I think the answers are obvious, but no one wants to acknowledge them. It is all YOUR risk. You can go either which way.

[QUOTE=sathsamundar;344365]Thanks for your response. Yes, I am a USC. I am concerned about what I can use as my permanent address when filing taxes once the house is rented. Can i use a forwarding address or PO box?[/QUOTE]

I am sure you can use any address where you can pick up mail.

[QUOTE=sathsamundar;344099][FONT=Calibri][FONT=Calibri][SIZE=3]I am preparing to R2I and need advice on a particular situation. I am a USC working for a company in US. I have an opportunity to manage the APAC operations of my company by residing in India. My company does not have any entity or work ...

Anybody has any update on the Direct Tax Code 1. When and will it be implemented atall. ... They want to do it for 2011-2012 - that is from April 1, 2011. However, it depends on when it is passed, and with what changes. 2.If it does then whatever I read is true - Long term and short term ...

[QUOTE=JS04;306311]I've searched a few times but wasn't able to find an answer to this question. I'm R2I'ing this year/early next year and currently stay in Ohio. Self and spouse are USC/OCI. I know I need to file US federal taxes from India every year, but how about Ohio state taxes? If anyone has ...

[QUOTE=kls;298163]1. When I am calculating the interest income from India, I am not sure how to calculate from January to December (which is the tax year in the US). 2.How would I take credit for taxes paid in India as the due date to file taxes in India is July 31st while in the US, it is April ...

[QUOTE=casperof1999;298311]There is one more option. Be a business owner with (net operating profit after taxes - withdrawal each year for family maintenance/personal expenses) = capital invested at the beginning of the year * rate of inflation. Assuming that you reinvest the above sum in the ...