r2i forum

Hello, I am a USC. Last year, I opened an NPS account because one of the banks(ICICI, i think) had some people visiting the company site to help with this. Since I had not done any kind of investments in India after R2I (except couple of FDs), I thought this was a good way to put something away for ...

Here is the [URL="http://www.r2iclubforums.com/forums/showthread.php/8612-US-Resident-Indian-mutual-fund-and-PFIC-issues"]post [/URL]where the ETF question was asked before (it was comment #3), but looks it never got answered.

Hello and Happy new Year! I've been getting ready to start investing here in India. My plan was to just buy index-based mutual funds or similar, like I used to in US. However, over the past few days of researching on R2IForum, it appears that directly investing in MFs here leads to very onerous job ...

[QUOTE=wd40;667650]17 years in US and you don't have a house there and all your investments are real estate in India. From your investments it is very clear, where your heart is. Just do it. [/QUOTE] Exactly! Seems like you already know what you want. My kids were 10 and 6 when we R2I'ed and were ...

Hello,

I hope I haven't asked this question in the wrong forum?

Hello, I have searched the forums to try to find an answer to this particular situation, could not find anything related, except [URL="http://www.r2iclubforums.com/forums/showthread.php/15704-Can-US-long-term-capital-losses-offset-Indian-Capital-gains"]this one[/URL], which is the opposite case, i ...

Hello everyone, sorry for the long post. so we are soon coming up on 5 years of R2I. Until this year, we were getting tax-help from my spouse's company, but that will go away from next year (due to job change). The MNC firm doing the taxes took a very minimalistic view of things...for e.g they never ...

[QUOTE=srinpo;632366].... but as amounts increase, tons of unfair scrutiny, we can neither pay bribe or not, always in dilemma do we need big CA's or small ones, etc.[/QUOTE]

Srinipo, thanks for the info. is this scrutiny only happen for the first year, or do you hear it happening multiple years?

[QUOTE=dbs;632282]Yes, you really have no choice but how do you think that the deptt. will miss use this info, except hit you with a hefty tax, About the peak amounts, I have the same issue (not a problem) and I have been reporting for a few years as I started before they made it mandatory. So far ...

hello all, So we have finally hit ROR status this year, and we going through the 'scary' process of starting to report all US assets (to be frank, I am just not sure whether to trust IT dept with all this information, but no choice I guess). I got document from the accountant stating to fill out ...