NRI Services
Who is a Non resident Indian NRI?
An NRI is a person resident outside India who is a citizen of India or is a person of Indian origin.
Under the Foreign Exchange Management Act (FEMA), generally, a person is resident outside India if he is in India for less than 182 days during the course of the preceding financial year and also includes any person who stays abroad:
- For the purposes of carrying out employment or any business or vocation;
- Under circumstances indicating an intention to stay outside India for an uncertain duration;
- Any Indian citizen deputed outside India for a temporary period in connection with employment
- For education
Who is a Person of Indian Origin PIO ?
You are a Person of Indian origin [PIO] if you are a citizen of a foreign country (other than a citizen of Bangladesh or Pakistan ) and:
- You have at any time held an Indian passport OR
- You or either of your parents or any of your grandparents were citizens of India by virtue of the Constitution of India or the Citizenship Act, 1955 OR
- You are the spouse of an Indian citizen or of a person of Indian origin (other than of Pakistan or Bangladesh )
Remedies available:
- NRIs can now take up their grievances or complaints against listed companies with the special NRI cell set up by SEBI.
- Complaints includes non-receipt of refund orders, allotment letters, non receipt of dividends, share certificates, bonus shares, debentures certificates, interest, redemption amount and interest on delayed payment or interest on debentures.
- NRI investors can also express their grievances against non-receipt of annual reports, right forms and interest on delayed receipts.
link for reference : http://nri-service.com/
List Of Services :
Taxation Services :
1. Determining the Residential status of client
2. Tax Planning
3.Maintaing records of Indian Income
4. Return Filing Remainders
5. Payment of Taxes.
6.Obtaining Tax Refunds
Legal Services :
1.Reply to notices from Tax Department
2.Representation before Tax Authorities for Scrutiny and Assessment
Advisory and Compliances on Indian Income Tax Laws
FEMA CERTIFICTION:
- As per RBI guidelines, remittances in foreign currencies can be made after a CA has certified the transaction. We offer such certification service.
Interpretation of DTAA with a view to reduce Tax Liability in India ( ONLY CONSULTING)
Advising suitable Tax Saving Investments
Making of Will
Power of Attorney
Obtaining PAN Numbers
Tracking of Indian Assets:
- Fixed Deposits
- Bonds
- Shares
- Real Estate etc.
