Investment Plans – NRI Oppurtunities!

Investment Plans NRI Oppurtunities!

Investment Plans NRI Oppurtunities!

Make profits by investing in your home town. You don't have to be physically present in your home town in order to invest in PSEs, debentures and other sectors. Stay overseas and improve your financial health.

There are some investment plans which allow you to save your hard earned money from being paid in the form of tax. You can enjoy tax exemptions by investing in pension plans, tax saving fund, certifications and insurance policies. Besides offering you profits in the long run they all protect your family who is staying away from you. Thus, it offers you solace that you have protected them although you have stayed overseas.

Indian banks offer you certificate deposit schemes, bank deposits, company deposits, tax saver funds etc. You must have an NRE or FCNR account with them. These bank accounts allow all non resident Indians to have financial transactions. A dematerialisation or demat account is also essential to carry out online trading. You can buy and sell shares and stocks online, staying abroad.

Being a non resident Indian you are free to invest in debentures, shares, and pension plans. However, you cannot invest in kisan vikas patra and other national savings certification. Even Public provident funds do not allow an NRI to have his investments. For all the above, you must first open an NRE, FCNR or NRO account and carry out safe transactions. Your mutual fund dividends will automatically get deposited in your bank. An FCNR bank account lets you to carry out your financial transactions through US dollars, euro, Japanese yen and pound sterling too. You are free to have these bank accounts for a duration of 12 months to three years. In order to open a bank account you need to have a valid passport, id proof and address proof.

NRIs are allowed to make direct investment in partnership and proprietorship firms in the country. This, the NRIs can do by way of subscription for shares or debentures of Indian companies. Further, they can also now place funds in company deposits. NRIs who undertake not to seek at any time repatriation of the capital invested in India and the income earned thereon are permitted to invest on non-repatriation basis. NRIs also have the option of investing in mutual funds floated by domestic public sector and private sector mutual funds on non-repatriation basis. Check out your options before investing, make the right move!

POST COMMENT

Shed Plans Blueprints - Great News ! Free 8X10 Shed Plans ? - You Need to See This ! Free Gambrel Roof Shed Plans ? - Everything You Need ! FREE SHED PLANS: AN INTRODUCTION Simple Shed Plans For Free ? - Here is What You Need ! Yard Shed Plans - Here it is ! Checking Account Plans: Identifying High Interest Checking Accounts Revealed Useful Calling Plans To Create A Stir How To Get Free Shed Plans and Blueprints How To Choose The Right Set Of Plans For Wooden Sheds Shed Plans 8x12 Backyard Shed Plans Breakfast Table Plans - Valuable Information !