r2i forum

I have been extremely busy. Anyway just to keep updated I have decided not to go to US. After a detailed discussion with my CA and also another firm with international tax expertise I realized moving to USA will have massive taxation issues and so in the future I will go to USA if necessary only on ...

mr basu, We am interested in giving back. My wife wanted to contribute to an NGO. But on investigating we found the owner of the NGO splurging, Somehow I think it may be a better idea to go for a startup and provide employment. That is how we will like to give back to the society. mr pqr2012, I ...

Mr justdoit2552, You are absolutely right. My wife and CA has pointed this out. Long term capital gains taxation is very favourable in India. In this regard it is definitely better to be in India than in USA if large exposure is there in equity as is our case. My wife is basically long term except ...

Mr dbs, Thanks good observation and very insightful reply. Mr technyt, Very informative reply thanks a lot. Actually my wife also manage our direct investment in equity. she has grown around 40 lakhs to about 11 crore now. This is other than our MF investment. One reason she doesnt want to go to US ...

I started working in US in 1988. I got GC in 1993. I married in 1995. Unfortunately my wife had to look after my father-in-law(health issues). She stayed back in India. There is a provision in US Income tax by which a non resident spouse can choose to be treated as resident and file 1040 as married ...

Mr dbs, Thank you sir. Actually my wife has solid logic. My investment in Indian MFs over the years have grown more than 12 times roughly. Now if I would have been in US and continued with Magellan it would have grown probably 2.5 times and factoring rs depreciation it would be less than 4 times. So ...

I am new to this forum. A friend of mine told I can get good advice on my situation in this forum.I went to USA for MS Computer Science in 1986. I started working in 1988. I got GC in 1993. I married in 1995. Unfortunately my wife had to look after my father-in-law(health issues). She stayed back in ...