Benefit to participants
Income tax is applicable on all the resident citizens who earn their income in India. In case of an NRI (Non Resident Indian), they are liable to pay taxes only for the income that is earned in India. Thus, the income-tax rules for NRIs differ from that of the resident citizens. It is therefore essential for professionals and investors to get an in-depth knowledge on understanding the concept and implications of tax planning in practical scenario through this workshop.
Employees of intermediaries such as banks and national distributors
Basic taxation knowledge is essential
1 full day
The workshop would highlight the investment options for NRIs
Residential status for taxation and investment purposes.
FEMA provisions for investments, limits and repatriability.
FATCA, CRS and DTAA.
Types of accounts (NRE, FCNR, NRO, RFC, etc).
Capital gains structure for NRIs.
Acquisition and sale of immovable property.
Mutual fund products – investment provisions especially for NRIs from US.
MFs – TDS and repatriability of funds.
Bequeath and estate Planning.
Returning NRIs and their investment options.