r2i forum

asarkar, I believe that MF's in India (like Reliance and SBI that you own) are PFICs. However most people from what I know have not been reporting these as PFICs; and I have been told that it is very unlikely that IRS will question whether mutual funds are PFICs. However from your post it seems that ...

[COLOR=#333333]Rajesh,[/COLOR] [COLOR=#333333]Agreed that India equity markets look good. However what about currency? For a USC who has the option of investing in US as well as India market; currency plays a big role in the real returns. From 2010 till 2013 Indian currency has gone from 45 to 60 ...

Thanks Rajesh. In form 8938 when we report the securities held in the demat account; do we hvae to list each and every stock held in the demat account OR can we just list the total value of hte demat account (add up the value of all the securities)? For example if all the stocsk are held at ICICI ...

Rajesh, These are very differing view. Your analysis says that the PE is low and stock market is expected to rise. Other analyses pointed out by some members says the opposite. I realize that the way stock markets work - these kind of differences of opinion are expected. But I am very curious to ...

on what basis do you say this Sid? can you please explain your reasons for such a prediction?

[QUOTE=Sid;590594]Indian equity markets have gotten ahead of themselves in the past 1 year. I would advice caution, and perhaps wait for markets to have a correction before entering.[/QUOTE]

Rajesh and others, Agreed that India equity markets look good. However what about currency? For a USC who has the option of investing in US as well as India market; currency plays a big role in the real returns. From 2010 till 2013 Indian currency has gone from 45 to 60+. Will the rupee depreciation ...

Hi Rajesh, FATCA form 8938 asks to list "Foreign Deposits and Custodian Account Summary" in Part I; and "Other Financial Assets Summary" in Part II. For securities held in a demat account at a brokerage house in India; where do we have to mention the demat account? In Part I under "Foreign Deposits ...

rajradio, Great to interact with someone on this forum who left a million dollar job in US to come to India to care for your own people. Kudos to you! Not many people can do that; and you have done that. Respect. [QUOTE=rajradio;587781]Most surgical specialists who are in metros do very well even in ...

The questions on salary have nothing to do with rich or poor; or happy or unhappy. They are just questions. nothing more. totally agreed that money need not buy happiness. never debated that. the only goal of the question was to get some info on doctor salaries in US and doctor salaries in India ...

Thans a lot rajradio. That is exactly what I wanted to confirm. I kept hearing from folks that good specialist doctors make about 30 to 40 lakh on average and in very very rare cases to go upto a crore. That just seemed incorrect especially when I hear that doctors are relocating from US (again with ...