NRI Beacon

30/04/2026

Most NRIs delay selling their Indian property for years because they assume they need to travel back. You don’t. A properly drafted POA — notarised in your country of residence and apostilled — is all it takes. Save this for when you’re ready. 📌

28/04/2026

Years of helping NRIs have taught us — the same handful questions come up every single time. Don’t worry though, we are happy to answer them all for you.

Schedule a free 1:1 with us — Link in our bio!

09/08/2024

When a Non-Resident Indian (NRI) engages in share trading, the income generated can be classified as either Capital Gain Income or Business Income for tax purposes.
If the shares are purchased as a long-term investment and sold after being held for more than 12 months, the profits are treated as Long-term Capital Gains (LTCG), potentially benefiting from lower tax rates. If sold within 12 months, these gains are considered Short-term Capital Gains (STCG) and are taxed at a higher rate.

Alternatively, if an NRI trades shares frequently with the intention of profiting from short-term market movements, this activity is categorized as Business Income, which is taxed according to the applicable income tax slabs.
This classification impacts the tax liability and adherence to different filing requirements, making it essential for NRIs to clearly define and document their investment strategy and transactions.

01/08/2024

30/07/2024

You’ve just heard about the new tax changes in the 2024 budget. Let’s break down what this means for you in simple terms:

🔹Long-Term Capital Gains (LTCG) Tax Changes:
Exemption Limit Increased: Previously, you could earn up to ₹1 lakh from long-term investments (like stocks or bonds you’ve held for over a year) without paying any tax on the gains. Now, this limit has been raised to ₹1.25 lakh, which is good news as you can earn a bit more without taxes.
Higher Tax Rate on Excess Gains: Any gains over ₹1.25 lakh will now be taxed at 12.5% instead of the previous 10%. This means if your investments do really well, you’ll have to give a slightly bigger share of those extra earnings to the government.

🔹Short-Term Capital Gains (STCG) Tax Changes:
Increased Tax Rate: For assets you sell within a year of buying them, the tax rate has gone up from 15% to 20%. This is important if you tend to buy and sell investments quickly. You’ll now lose a bigger chunk of your profit to taxes.

🔶What should you do?
Consider how these changes impact your overall investment strategy. Depending on your investment horizon and goals, you might want to talk to a financial advisor to see if you should adjust your portfolio. For example, if you’re heavily invested in real estate, it might be time to look at how these tax changes affect your potential returns and decide if you should diversify your investments into other areas.

In short, while the increase in the exemption limit is a positive, the higher tax rates on capital gains could mean it’s time to review and possibly adjust your investment strategy to make sure you’re optimizing your returns after taxes.

👍Need expert advice? We are here to help. Reach out!

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01/06/2024

FCNR (Foreign Currency Non-Resident) accounts offer NRIs a secure and flexible way to manage their foreign currency deposits. These accounts can be held in major currencies like USD, GBP, EUR, JPY, CAD, and AUD, which helps avoid currency exchange risks. With competitive interest rates that are tax-free in India, FCNR accounts are an attractive option for NRIs. They also provide flexible tenures ranging from one to five years and full repatriability of both principal and interest, making it easy to transfer funds back to the country of residence. Regulated by the Reserve Bank of India, FCNR accounts ensure safety and protection against currency risks.

To maximize benefits, NRIs should compare interest rates across different banks to secure the best deal and choose a currency that is expected to remain stable or appreciate. Understanding the tax implications in both India and the country of residence is crucial. Regularly monitoring exchange rates and reviewing account performance ensures alignment with financial goals. Additionally, NRIs can take advantage of bank offers and promotions for extra benefits. Planning for repatriation and being aware of any associated costs can also help in efficient fund management. With these strategies, can effectively leverage accounts to achieve their financial objectives.

29/05/2024

changes how NRIs plan their .
If you have ties to the U.S., you need to be proactive about your money and taxes. Check if your foreign accounts and assets follow FATCA rules. Look at everything from bank accounts to , no matter where they are. Missing out could mean facing hefty fines.

Stay on top of your finances to avoid any trouble!

20/04/2024

Non-resident Indians (NRIs) have the opportunity to leverage various exemptions and deductions to reduce their capital gains tax burden. Find out how!

For more information leave us a comment or email us!

26/03/2024

If you’re living abroad but still have financial ties back home in India, especially when it comes to managing your Provident Fund (PF) withdrawals, you know it’s not as straightforward as it might seem. Taxation on PF withdrawals is a complex issue that many NRIs, especially those new to the status, find challenging.

Feeling overwhelmed? You’re in the right spot. This post is tailored to shed light on the maze of taxation for NRI PF withdrawals.

We’re breaking down the key factors that affect your PF withdrawals and the tax treaties you need to know about. Stick with us to navigate through your financial management with ease.