r2i forum

Thanks, OP, for this post. I am learning from this discussion.

Btw, if possible, please provide cost of an international student attending a CS program in Manipal.

Annual numbers after living 4 years in BLR. These numbers include everything. Living, vacation, rents (if applicable), school, medical, taxes, maintenance, philanthropy, basically [B]every single penny[/B] spent. Year 1 - Two of us - Rented home - 478,998 Year 2 - Two of us - Rented home - 526,657 ...

Hi, We're ROR, and have a few securities investments (funds) in the US. After asking questions in the past on this forum, and reading other posts, I still have a few left. Here they're - 1) What % does GoI taxes Dividends, LTCG, and STCG issued by a foreign security to a ROR? I hear contradicting ...

[QUOTE=munna27;398037]Hi all, My first post here on the forum. Like the original poster, I had returned to india 3 yr back, (no gc or usc) and my RNOR period has ended... and I am looking for advice on same questions. My CA in US says- I only need to pay tax there on the dividends and nothing on ...

Dear Rajesh,

Okay, I will get in touch with you when the going gets tough. The best thing would be to find someone local so that the logistics become simple.

Thanks a lot!
R2I4C.

Dear Rajesh, That answers a lot of my questions for now. Thank you! The monies to the brokerage were transferred from a joint checking account wherein both our paychecks used to be deposited. So I guess, it would be alright to divide the income from this account on both our returns. I am sure a lot ...

Dear Rajesh, Thanks a ton for your advise, as always. I appreciate it a lot, and will follow it. As such, we feel very anxious breaking the law. My questions in the original post were prompted by the prevalent behavior we saw in our peers. I have further questions: a) My husband and I have a joint ...

Thanks, mkngtrbl. Your reply prompted me into reading a bit about wealth tax in India as I had ought to a long time back. Fortunately, we do not have to worry about wealth tax for another 3 odd years. Besides, wealth tax is not applicable on securities investments such as funds. So in our particular ...

Thanks, dbs. That helped. I was researching this morning on how dividends are taxed in India, as that is the primary form of income that our US investments would generate (apart from STCG distribution - by a fund we're not too happy with - which I am yet to research). In my understanding, dividends ...

Hello, Our RNOR status ended in FY 2009-2010. For FY 2010-2011, both my husband and I will file Indian return as residents. We have a brokerage account in the US with long stock holdings and a checking account. My questions are related to declaring US assets to India, particularly that present in ...