r2i forum

[COLOR="#0000CD"] Dear vasu123 and All OCI renwal rules are posted at : [url]https://www.mea.gov.in/oci-related-matters.htm[/url] [I]Q: What are the situations for which re-issue of an existing OCI card is necessary? A: In case of issuance of new passport: For an applicant who is 20 years of age or ...

[COLOR="#0000CD"] Dear appir2i Thanx . 1. As you have availed Housing Loan it’s understood that the property is residential . .02 it is presumed that the interest rate is in the range of 9%. 2. Now in India you pay tax on rentals reduced by housing loan interest at app. 16% . .02 so the net interest ...

[COLOR="#0000CD"]Dear Gudavasr , 1. Repatriation of sale proceeds of immovable properties as also Furniture , Fixtures and all other legal credits in NRO account of Account holder's own capital is permissible up to US$ 1 mn per Financial Year (FY). 2. This is irrespective of original investment ...

[COLOR="#0000CD"] Dear Friends For Foreign Citizens of Indian Origin ; OCI Card( Overseas Citizen of India ) has become compulsory for purchase , sale or transfer of immovable property in India since March ?18 following September ?17 change of rule making OCI Card compulsory for investments in ...

[COLOR="#0000CD"] Twist in the tale..... Husband :- But I'm with savita , which savita are you talking about ? Wife :- where are you....? Husband: near vegetable market Wife :- wait I will come there ..... After 10 minutes she texts her husband "where are you"? I donot see you here in the veg market ...

[COLOR="#0000CD"] Dear Abhinavthakur137 1. Once a returnee NRI becomes a Resident & Ordinarily Resident in India his worldwide income is liable to tax in India.This normally happens in 3 rd or 4 th year of return if the NRI has stayed abroad for 10 years or more. 2. Tax paid abroad can be claimed as ...

[COLOR="#0000CD"] Dear crazyforger 1. EB5 Program is to stimulate economy by creation of jobs . 2. As such the source of funds being own capital is generally stressed upon. 3. I have come across senior lawyers accepting applications wherein part of funds are from USA sources . 4. However it will be ...

[COLOR="#0000CD"][COLOR="#0000CD"][COLOR="#0000CD"][COLOR="#0000CD"] Dear wd40 Regret not posting 1 st May 2014 readings as done by You. 2. On 1 st May 2014 the BSE Midcap index was 8467 and the INR to USD was ₹60.23. 3. This results in Midcap in USD terms at $141 and as on date the same is $190. 4. ...

[COLOR="#0000CD"] Dear wd40 1. Yes one can divide the investments in two financial years . 2. In India the financial year begins 1 st April and ends following 31st March. 3. Practically the time limit of EB 5 which recently got extended to 8 th December 2018 is the limiting factor compelling one ...

[COLOR="#0000CD"] Dear wd40 1. I have strongly favoured investments in Indian managed INR equity mutual funds or equity. 2. It?s also advisable that in India or other place professional advisor?s services be utilised as he has experience and knowledge required to invest in specific markets. 3. Now ...