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Buying, selling or renting property in India while living abroad can look straightforward. In practice, an NRI property transaction involves more than agreeing on a price and signing a sale deed.  Tax treatment, the bank account used for receiving proceeds, Power

Effective capital gains tax planning for mutual funds starts before you place a redemption request. The instinct is to look at total portfolio value, but

Once your status changes to NRI, FEMA does not permit you to operate a regular resident savings account — it must be converted to an NRO account, or you must open fresh NRE/NRO accounts. Continuing with a resident account is a FEMA violation that attracts heavy penalties. Which account you need depends entirely on where your money comes from. The Basics Parameter NRE Account NRO Account

“NRI” is not one status — India defines it twice, under two separate laws that do not agree with each other. The Income Tax Act decides how much of your income India can tax, using a strict count of days spent in India. The Foreign Exchange Management Act (FEMA) decides what you can own, invest in, and repatriate, using yourintentionto stay abroad. You can be a