Analysis of NRI Fixed Deposits Investing with Tax Implications
tax on nre fixed deposit, NRI Fixed Deposits, Tax Implications on NRI FD, Implication on NRO Fixed Deposit, Implication on NRO Fixed Deposit, Tax Implications ...Read More
For Non resident Indians who have certain investments, property and bank accounts in India, we manage their financial affairs in India entirely as follows:
For Non resident Indians who wish to invest in stock market, property etc., we offer the following services:
A NRI inherits assets in the form of investments, property etc in India and wishes to either liquidate them and repatriate the sale proceeds of the same or manage the same in most tax efficient manner. We enable him to accomplish these objectives by facilitating the clearance from Income Tax Services, RBI and other regulatory authorities.
A NRI/ other non-resident businessman who intend to establish business in India, we help him to do so by providing the following services:
A NRI/ other non-resident already have a business in India. Besides providing the entire gamut of financial and consultancy services, we operate as a representative office/ manage specific business processes.
A returning NRI wants to retain/ disinvest assets (property, investments, and business) procured outside India and re-invest outside India the income/ sale proceeds thereof. We provide him assistance as follows:
An emigrating Indian/ new NRI wants to retain/ disinvest assets (property, investments, business) acquired in India and repatriate the income/ sale proceeds thereof. We help him to do so as follows:
Non-resident individuals and organizations require to have a Permanent Account Number (PAN) number if they earn an income and need to file returns in India. PAN is issued by the Income Tax (IT) Department to all assesses and quoting of PAN is mandatory in all returns filed with the IT department.
Permanent Account Number (PAN) is a national identification number, issued to all taxpayers of India whose income is taxable. This number is issued by the Income Tax Office. The primary purpose of PAN is prevention of tax evasion by keeping a track of monetary transactions. The PAN is unique, national, and permanent. It remains unaffected by a change of address, even between states. Permanent Account Number is an identity document/number which can also be issued to non-taxpayers. All existing assessees or taxpayers or persons who are required to file a return of income, even on behalf of others, must have a PAN. Quoting PAN is mandatory for any person, who wishes to enter into economic or financial transactions & must also have a PAN. NRI is required to quote the PAN on below document.
PIO card scheme, 1999 has been revised. The new PIO Card Scheme, 2002, is in operation since 15th September, 2002. In accordance with the revised scheme, the PIO Card remains valid for 15 years and a fee of Rupees 15,000/- is charged for issue of the same. In the case of minor, i.e. below 18 years of age, the fee is Rupees 7,500/- for 15 years validity card.
Authority to which application is to be submitted: -
(A) Those residing in: -
(B) Those residing in areas other than (A) above: -
Rajput Jain & Associates have creditable expertise in providing multitude of services to a diverse client profile. Non resident Indians include a substantial portion of our client base.
We provide a wide range of services to our NRI clients. Our client profile involves
Rajput Jain and Associates is the largest online service platform in India which provides easy solutions in starting their new business at affordable cost. We aim at helping the entrepreneurs at every legal and regulatory step. We stay as your partner during entire business cycle and ensure that the business keeps prospering and remains complaint.
Rajput Jain and Associates is a network of experienced chartered accountants, lawyers, company secretaries, cost accountants, financial experts, expert bankers all over India to provide the needed services for small and medium size enterprises.
Want to know more about Rajput Jain & Associates?
All the information related to any client is considered confidential and never be disclosed to anyone.
Having years of experience in respective areas and backed by skilled and experienced workforce keep us ahead.
We believe in the building the good relationship with the clients that ensures the great impression.
If you are not happy with our services then you can request a refund within 30 days.
We provide 24*7 supports through phone, email and live chat.
You can pay online through EMIs, PayPal, net banking, debit card, credit card and more.
Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.
A US consultancy group
Rajput Jain & Associates. are a tremendous value added to me as an executive and a busy parent. It just makes sense to delegate my tax file to them -- they are proactive, extremely service oriented, and most importantly, I am completely confident they are finding every dollar of tax savings available to me.
A Leading Service Provider
We use Rajput Jain & Associates for all our accounting, Corporation tax, VAT and other compliance needs. The service is professional, courteous and prompt. I would recommend Rajput Jain & Associates to any company requiring a comprehensive accounting and tax service.
A Leading Consultancy Firm in Dubai