SBI introduces digital service enabling NRIs to open accounts via the YONO app. Details here

SBI launches digital service allowing NRIs to open NRE and NRO accounts through YONO app, aiming to attract new customers.

Are NRIs eligible for a tax rebate under the new income tax regime? MintGenie explains

NRIs can avail the new tax regime in India, which increases the basic exemption to Rs. 3,00,000. However, they cannot claim the rebate on full tax for income up to Rs. 7,00,000, which is only available to residents.

Life Insurance: How can NRIs buy policies in India and what should they keep in mind?

<ul><li>As we all know, life is full of uncertainties, and having adequate life insurance coverage—regardless of where one lives—provides relief to family members.</li></ul>

Why is 2023 the best time for NRIs to invest in India?

More and more NRIs are looking to make India their second base. One might wonder why India? Some prominent reasons which may hold an appeal for NRIs are falling rupee and rising property prices.

Budget 2023: Finance Bill proposes 20% or less TDS on NRI MF investments

New Finance Bill proposes less TDS on mutual fund investments from NRIs. The revised rate has been set as 20% or lower. 

UPI goes global: NPCI facilitates digital payments for non-resident Indians; all you need to know

The NPCI has issued an operating circular allowing NRIs to use their international mobile numbers for UPI payments. This will benefit both consumers and businesses, increasing the number of transactions and providing an impetus to digital payments among the NRI community.

Income Tax: How can NRIs prevent double taxation in India? MintGenie explains

A citizen of India who stays abroad will end up paying income tax in both the countries unless they apply for an exemption. Read further to know how the NRIs can avoid paying double tax

Returning from overseas? This is how taxation works in case of NRIs

The income-tax regulations controlling your wages, assets, savings, and money would significantly change for NRIs returning to India. Continue reading as we discuss the tax implications in detail.

Are you an NRI and trying to pay your utility bills in India? Now you can use Bharat Bill Payment System

The Bharat Bill Payment System (BBPS) is an interoperable platform for standardised bill payments. Over 20,000 billers are part of the system, and more than 8 crore transactions are processed on a monthly basis.

7 reasons for NRIs to view India as a great investment destination

There are nearly 13.5 million NRIs and around 32 million overseas Indians making Indians the largest diaspora of the world. Here are some of the reasons why India can be an attractive investment destination for NRIs

Top Nris News

personal finance

SBI introduces digital service enabling NRIs to open accounts via the YONO app. Details here

personal finance

Are NRIs eligible for a tax rebate under the new income tax regime? MintGenie explains

personal finance

Life Insurance: How can NRIs buy policies in India and what should they keep in mind?

markets

Why is 2023 the best time for NRIs to invest in India?