r2i forum

[QUOTE=SamSan;458907]Yep, I am aware of that, but according to US tax laws they dont tax the first 160K or so of your joint income(2 income family) I believe... and there is no way we are going to make any where near that kind of money in Indian Rupees.[/QUOTE] This law doesnt help much does it ...

[QUOTE=thirupathir;461113]We are from Chennai, living in USA for past 10 years, US Citizens. Our daughter is doing 3rd grade and going to 4th grade. I am battling whether should I go back to India now or in few years. Few things I am worried staying in USA: 1. Once she gets old, will she stay with ...

Bro, you are trying to solve for 2 variables with one equation. You cant solve for x & y with just one equation: x + y = 5. You need to give us more. What else constitutes "serve" ? One option is to donate heavily (fit it into your definition of "struggle") to causes that you really cherish in India ...

[URL="http://www.youtube.com/watch?v=5_R2l5Xnydg"][U][COLOR=#800080]Kalinga Narthanam Thillana in Ghambeera Nattai by ARuna Sairam[/COLOR][/U]

[/URL][YOUTUBE][URL]http://www.youtube.com/watch?v=5_R2l5Xnydg[/URL] [/YOUTUBE]

Really Awesome ! One of the best Thillanas I have ever heard.

I think that tax rate will be lower (10%) if you file but I'm not sure you can completely escape paying any taxes. (There are a few really special clauses where you can avoid paying taxes in India). I suppose it doesnt matter where you pay taxes right ? If you have a large FD (say 1 crore) in India ...

You are right. Sorry, I checked again. Its the Sum Assured. Man, the annaul expenses of the SBI Smart Scholar seems quite expensive. 6% for the first year, 4.5% for year 2 & 3, 4% or so for years 4 & 5 and 1% from year 6 - 10. From year 10+ its 0%. Add to this the 1.5% or so of fund expense ratio ...

RRK, There seem to be 2 options - one time single payment (which I am more inclined to since we have a lumpsum amount we have accumualted over the last few years) and annual payments. The Single Payment seems to have a max of 5x return while the annual payment option seems to have a 10x to 15x ...

I can now give a post MBA view of the world, now that I am in a leadership / Sr. Mgmt role. For business focused roles - Marketing, Strategy, Business Unit General Manager, Product Mgmt roles, it is REALLY valuabe if you have atleast another 15 - 20 years career ahead of you. For leading/motivating ...

Isnt NRO account a non-repatriable account ?

How can you transfer money back, even if you make 9% interest on it ?

NRE is reptraiable of coruse, but the itnerest is around 3%.

--DHT.

ok, Thanks a lot guys.

How long is the processing time for OCI since they have outsourced OCI/PIO/Visa to the external agency ?

Last I heard it was anywhere between 30 - 60 days.