I will be travelling to Saudi on Business Visa for 4 times in a year and I will be out side India for more than 182 days in a year. Can I open NRE AC and do I need to file ITR?
I open my PPF account in 2021 and in 2023 I started working on ship as a seafarer but my ppf account is still running because you can continue your ppf account if you already have it before you get nri status
Hi, I am an NRI from Germany. I have question regarding paying tax on indian investment in Germany. stocks capital gain tax in germany is 25% so under DTAA after paying STCG/LTCG 10/15 % in India rest 15/10 % respectively I need to pay here in Germany. So I am looking for an option to do Indian investment under some other entity like HUF/ company, so I don’t need to declare this entity here in Germany and no need to pay extra 15/10% tax in Germany. Can you please provide more Information on that ? Do you have idea about it ?
Just to inform you, all NRIs have to pay tax on the NRE/NRO Bank interest which is treated as foreign income in the residential country. So even though it's Tax free in India but not in your foreign residential country.
I am an NRI and I do not see a great documentation anywhere if I can use NRE non PIS account to invest in MFs. All the places it says NRO non PIS - but I do not want to give away my 30% of interest and money should also be repatriable. Please let me know by commenting.
My sister is working in kuwait.she wants to save money in her indian saving account,how much money can she keep in bank account and is she need to pay any tax to government if she earns there and send some amount of money here in india
Nri account he but me abhi india me hu. 1year ho gya me nri chod dea .abhi kia kru . Mera visa documents expired yo gya but mera money he account he nri pe .kia sip continue chalu rahega me chod dia nri . Kia much account change karna padega .all money transfer to india bank narmal bank then continue sip .
What if, I have recently(between the Financial year) joined offshore oil rig in UAE and I stayed more than 180 days in India, Does I have to pay the Tax ?
I am an NRI & have both NRO as well as NRE Accounts. I earn dividends that go to my NRO Account. Please clarify whether I can use money from my NRO Account to apply for IPOs floated by Indian Companies in India while I am.abroad through Internet Banking?
Sir What ABT investment in stock market and mutual fund?? Are we (seafarers) allowed to invest in India if yes than through which account we need to do our investment because bank allows us to open an nro account only if we have an income in India ie through rent, dividends etc..
But im investing using same salary account which opened by my Indian company still no issue.. When will it happen? After certain limit of investment or saving?
Hi buddy, Your videos are every helpful. I am currently working in Dubai and invest in Indian stock market, but I have being paying taxes in India. Can you let me know if I have to pay tax in India for capital gain made by investing in Indian stock market as well..?
Hello. If I being an NRI, buy an Annuity with NRE funds, remitted from abroad, does the payout get any taxes in India? Under FATCA, would insurance company in India, report my income to Canadian Tax Authority?
No if you pay through remittances the your bank have your transaction details and you have to file ITR and give reasons for that amount means if you pay for investment then what is your pnl your in loss or profit
Bhai main Gulf ne rahta hun Mere pass NRE account hai lekin ek ordinary account bhi ICICI bank me hai jisme kabhi kabhi NRE account se paisa transfer kar ke India me hi kharch karta hun kya ye galat hai
Hi sir I am a seafarer and I have a small business in India and what ever the income generated I am depositing in my saving account and iam doing ITR on that saving account Have given my power of attorney to my family member while I am onboard they are looking out in business on my behalf Is that ok Pls reply
@@FPTSakko are you out of your mind? you dont have sense how to talk to people on social media? tel me your address in Dubai, let me teach you some lesson. i stay in Downtown Dubai. now dont get scared and make sure you share your address. fuddu banda
I would like to know FEMA rule for home loan account or overdraft account of a person with Indian passport who is now in foreign country as NRI. If he sends money to his home loan account or to overdraft account from abroad, what are the possible issues? Is it possible to convert a overdraft or home loan account to a NRO account?
sir, i am working as a IT engineer in usa since 125 day can i transferred my money in my savings account in india? it is taxable or not? it is mandatory to open NRO or NRE account in indian bank please reply
I will be travelling to Saudi on Business Visa for 4 times in a year and I will be out side India for more than 182 days in a year. Can I open NRE AC and do I need to file ITR?
I too same doubt...same position
Not required
Open nri account
I open my PPF account in 2021 and in 2023 I started working on ship as a seafarer but my ppf account is still running because you can continue your ppf account if you already have it before you get nri status
Hi, I am an NRI from Germany. I have question regarding paying tax on indian investment in Germany. stocks capital gain tax in germany is 25% so under DTAA after paying STCG/LTCG 10/15 % in India rest 15/10 % respectively I need to pay here in Germany. So I am looking for an option to do Indian investment under some other entity like HUF/ company, so I don’t need to declare this entity here in Germany and no need to pay extra 15/10% tax in Germany. Can you please provide more Information on that ? Do you have idea about it ?
Just to inform you, all NRIs have to pay tax on the NRE/NRO Bank interest which is treated as foreign income in the residential country. So even though it's Tax free in India but not in your foreign residential country.
Nre account fd is tax free
Gulf have no tax
I am an NRI and I do not see a great documentation anywhere if I can use NRE non PIS account to invest in MFs. All the places it says NRO non PIS - but I do not want to give away my 30% of interest and money should also be repatriable. Please let me know by commenting.
Superb information sirji
Thanks you so much to clarify everything. Can I send money from my NRE to my family members account without taxation?
My sister is working in kuwait.she wants to save money in her indian saving account,how much money can she keep in bank account and is she need to pay any tax to government if she earns there and send some amount of money here in india
You said “A NRI cannot buy agricultural land in India”. If a NRI is Citizen of India and living outside India,Can he buy agricultural land in India???
What about working in dubai for 11 months and one month in india ? Tell me tax will be there or not?
Very helpful video
Nri account he but me abhi india me hu. 1year ho gya me nri chod dea .abhi kia kru . Mera visa documents expired yo gya but mera money he account he nri pe .kia sip continue chalu rahega me chod dia nri . Kia much account change karna padega .all money transfer to india bank narmal bank then continue sip .
What if, I have recently(between the Financial year) joined offshore oil rig in UAE and I stayed more than 180 days in India, Does I have to pay the Tax ?
I am an NRI & have both NRO as well as NRE Accounts. I earn dividends that go to my NRO Account.
Please clarify whether I can use money from my NRO Account to apply for IPOs floated by Indian Companies in India while I am.abroad through Internet Banking?
Sir What ABT investment in stock market and mutual fund?? Are we (seafarers) allowed to invest in India if yes than through which account we need to do our investment because bank allows us to open an nro account only if we have an income in India ie through rent, dividends etc..
Invest using NRE account or nro
But im investing using same salary account which opened by my Indian company still no issue..
When will it happen?
After certain limit of investment or saving?
Hi buddy,
Your videos are every helpful. I am currently working in Dubai and invest in Indian stock market, but I have being paying taxes in India.
Can you let me know if I have to pay tax in India for capital gain made by investing in Indian stock market as well..?
Bhai aap Language english use karo ya hindi use karo mix mat karo
Hello. If I being an NRI, buy an Annuity with NRE funds, remitted from abroad, does the payout get any taxes in India? Under FATCA, would insurance company in India, report my income to Canadian Tax Authority?
No if you pay through remittances the your bank have your transaction details and you have to file ITR and give reasons for that amount means if you pay for investment then what is your pnl your in loss or profit
Can I invest money through my brothers Demat account.
And transferring money to him from my NRR account
Bhai main
Gulf ne rahta hun
Mere pass NRE account hai lekin ek ordinary account bhi ICICI bank me hai jisme kabhi kabhi NRE account se paisa transfer kar ke India me hi kharch karta hun kya ye galat hai
Aap ke pass normal saving Account hai tu use convert karo NRO account pe.
Jab aap outside of country job karre ho aap normal saving Account maintenance nahi karsakthi
Hi sir
I am working in dubai
Pls advise me I have NRE Account
Pls tell me sir
Good broker for NRE PIS Account
Less charges. It's helpfully for me.
Hi sir I am a seafarer and I have a small business in India and what ever the income generated I am depositing in my saving account and iam doing ITR on that saving account
Have given my power of attorney to my family member while I am onboard they are looking out in business on my behalf
Is that ok
Pls reply
Ager mere account me dubai se mere hasband paisa bhejte hai to kitne paise rakh sakte hai bank me please reply
Pura rakh lo. Kam pade to mujhe btao mai bhi Dubai me rahta hu
@@FPTSakko sutup
@@reenasneha2025 😅Are Le lo free ka paisa mil rha hai
@@FPTSakko are you out of your mind? you dont have sense how to talk to people on social media? tel me your address in Dubai, let me teach you some lesson. i stay in Downtown Dubai. now dont get scared and make sure you share your address. fuddu banda
Relax
Agr saudi arab se india me saving account me paise transfer krte hain to kitna bhej sakte hain aur kitne pr tax lgega.
Tax free h...
@@armanasad5768 shukriya bhai.
I would like to know FEMA rule for home loan account or overdraft account of a person with Indian passport who is now in foreign country as NRI. If he sends money to his home loan account or to overdraft account from abroad, what are the possible issues? Is it possible to convert a overdraft or home loan account to a NRO account?
Sir but as a seafarers , we can purchase farm land or agricultural land ???
If you have an Indian PP, no problem
when should we file income tax for the amount that i earned form april'22 to june'22
या हिन्दी में बतातें या फिर इंग्लिश में
Thanks
Sir agar ek saal me friends ko only 50 doller hi foreign country perfect money se send karte hai to income tax kitna dena hoga
sir, i am working as a IT engineer in usa since 125 day can i transferred my money in my savings account in india? it is taxable or not? it is mandatory to open NRO or NRE account in indian bank please reply
Any updates
@Hanuman Bhakt did you get or tax deducted
@Hanuman Bhakt but did you recieve the amount already sent
sir jab sea farer ki baat krni thi toh Dubai kyun likh dia title me
👍
ज़मीन ख़रीद सकते हैं बशर्ते आपके पास भारत की ही नागरिकता हो ।
BUBUN BANERJEE MAGURIA UP PURULIA CANADA FATHER SHANKARI PRASAD BANERJEE
Hme pta hai ki tum inglish bhot ashi bol lete ho pr jb video bnate ho to hindi me hi bnaya kr bhai
Tumhe apna videos english me hi bnanana chahiye kyukni hindi to abhi tum bolna seekh hi rahe ho.
Kabhi angrezi ka kutta chad jata hai jaban pe kabhi hindi wala... Ek hi me bata do bhai take sabhi log cover ho sake😊
Bhai hindi bolo to hindi me hi bolo.