Quick Guide For NRIs While Investing In India


You first and the foremost step is to answer these questions based on which you can decide whether you want to invest from your NRE account or NRO account.

1. NRE account: In NRE account, your current funds in foreign currency are converted into Indian rupees, at the same rate prevailing the time of transferring the funds from your account. In the NRE account, the funds are repatriated freely along with the principal and interest.

2. NRO account: NRO account is best for them who are willing to transfer Indian earnings. You can deposit foreign currency in this account. The interest earned is subject to tax deduction at source at the rate of 30 percent in India. You cannot, however, repatriate or deport funds in NRO account abroad.

Access to NRI investment possibility

First, make up your mind and decide where to make the investment; however, such decisions are not to be taken in a hurry. In India, the investment opportunities are same for both NRIs and the Resident Indians; only non-resident Indians need to take down few points to make the investment smoothly.

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