Author: A N ShanbhagSandeep Shanbhag/Publisher: Popular PrakashanYear: 2007Language: EnglishPages: 205ISBN/UPC (if available): 8179913414
A N Shanbhag incites the highly successful Indian Diaspora to park some of their money (which is estimated to be more than $ 300 billion) in India in this book In the Wonderland of Investment for NRIs, which has been co-authored with his son Sandeep Shanbhag. And they are not harping on sentimental reasons but giving concrete proof of how NRIs can strike gold in India. This book will help NRIs to stop having imaginary fears and step in boldly to reap the benefits of the liberalized scenario. This useful guide will help NRIs to understand:The intricacies of FEMABaggage RulesWho really is a RNOR?Why India is a tax haven and more!
Glossary of AbbreviationPrefaceBudget ExpectationsPART-I: PROVISIONSFEMA Replaces FERAResidential status Income TaxWealth TaxGift Tax has Come BackBank Accounts Capital GainsImmovable PropertyShares and SecuritiesTechnical Service, Royalty, Etc.Special ProvisionsLoans and OverdraftsTedious TDSHandle with Care - Baggage RulesBefore Leaving and After returningForex Availability - ResidentsForex Remittances - NRIsPAN is PAINInsurance and NRIsGold does not Glitter Excellent Avenues for ResidentsIndia has become a Tax HavenDouble Taxation Avoidance Agreement Employees’ Stock OptionsPIO Card and Overseas CitizenshipPART - II: SAWAL - JAWABSawal - JawabBibliography