Investment Solutions FAQs
NRI FinOne provides wide range of Financial Products as Purpose driven Investment packs all under one roof. With a belief of purpose over returns, NRI FinOne has design various packs with the purpose, suitable profile and risk appetite.
We leverage our deep understanding of the Indian market to proved wide range of Investment solutions that align with your risk appetite and financial goals, ensuring optimal returns with suitable Risk reward ratio.
NRIs can invest in Listed and Unlisted Stocks, Variety of Mutual funds, ETFs, Index Funds, Bonds, NCDs, Corporate Deposits, New aged Alternative Investments like P2P Lending, Fractional Real Estate, SDIs, Pre IPO opportunities, Global Investments, etc at one roof through NRI FinOne.
NRIs can invest in Indian stocks through Portfolio Investment Scheme (PIS) accounts as well as Non PIS accounts. However, there are certain sectoral caps and restrictions that must be adhered to. (Don’t worry, we will guide you on that aspects)
PIS allows NRIs to invest in Indian stocks directly through NRE accounts. It requires a PIS account which tracks all the investments and ensures compliance with RBI regulations.
Yes, NRIs can invest in mutual funds in India. These investments are subject to KYC norms and can be made in rupees or foreign currency. For some countries there are few restrictions on AMCs and schemes to accept foreign investments. (We will handhold and support you)
The process involves completing KYC, choosing the right mutual fund, and making the investment through our platform. We provide guidance at each step to ensure compliance and ease.
Being CFPs, our founders can assist you in tailored financial planning services that include Retirement planning, Life planning, and Goal-based investing, ensuring a secure financial future. (Since by license, we are AMFI registered Mutual Funds Distributor, Financial Planning services we are providing through our strategic grwoth partners)
Alternative investments are new aged Investment avenues which can provide an attractive double digit returns without taking equity exposure. Though this asset class also have its own risk, structure and features which need to be understand.
NRI FinOne offers a user-friendly online platform where you can track and manage your investments in real-time. You can also do transactions on real time basis. We have Mobile application and web portal both.
NRIs are not allowed to invest in PPF and NSC. However, if an NRI has opened these accounts before becoming an NRI, they can continue to hold them until maturity.
NRI FinOne is dealing only with thse Investment options which are regulated and registered with regulatory authorities in India like SEBI, RBI or IRDA. Your all Investments will be in your name only, in your account and you can also check and verify with various centralised databases too. NRI FinOne has tiedup with a tech platform for transaction execution and realtime viewing access.
Certified Financial Planner (CFP®) is a Global Certification issued by FPSB and valid in 27 Countries across the world. Globally there are around 2,25,000 CFPs are giving advice on Personal Finance and out of which India has only 2730+ CFPs out of which 2 CFPs are the founders of NRI FinOne.
NRI FinOne offers a range of investment options, including equities, mutual funds, bonds, alternative investments and others allowing NRIs to diversify their portfolios based on their risk appetite and financial goals.
Yes, NRIs can invest in IPOs in India through their NRE/NRO accounts under the Portfolio Investment Scheme (PIS). NRI FinOne provides guidance on upcoming IPOs and the application process.
NRI FinOne assists with estate planning by offering services such as will drafting, trust creation, and succession planning exclusive for NRIs to ensure your assets are managed and transferred according to your wishes
Taxation Solutions FAQs
Interest earned on NRE accounts is tax-free in India but may need to be declared in your country of residence and Interest earned on NRO accounts is taxed as per the slab rate in India.
Income earned in India is taxable in India. This includes rental income, capital gains, and interest income. NRI FinOne helps in planning and filing taxes to ensure compliance.
DTAA helps in avoiding double taxation by allowing credit for taxes paid in one country against the tax liability in another, reducing the overall tax burden.
Yes, NRIs can claim deductions under Section 80C for investments in specified instruments like ELSS, PPF, and life insurance premiums.
NRIs with no taxable income in India are not required to file taxes. However, if they have any income from investments or property, filing is mandatory.
Rental income is taxable in India. NRIs can claim standard deductions and file tax returns to manage their tax liabilities. NRI FinOne provides end-to-end assistance in this process.
NRIs need to report foreign assets and income in their Indian tax returns under the Foreign Account Tax Compliance Act (FATCA) regulations. NRI FinOne provides guidance on the reporting requirements in their respective countries.
Mutual Funds are taxed under the head Income from capital gain in which for equity oriented and non equity oriented MFs Long term and short term gains are taxed under special rates.
LTCG taxed @12.5% with Indexation (Exempt upto Rs. 1.25 lacs)
STCG taxed @20%
Taxation for Debt Mutual Funds - As per slab rates
NRI FinOne has a network of CAs, CPAs and Tax Consultants who have an expertise of Indian as well as NR taxation, DTAA, Reporting standards, FEMA, FATCA and other compliances. They can assist you on taxation domain.
Under section 195 of Income Tax Act, 1961, TDS and TCS compliance as also applicable to NRIs. Different TDS rates are there as per the type of transactions and Income. If NRIs do not have any Income or having less than the basic exemption can apply for lower TDS or Nil TDS certificate by submitting form 13 to respective AO.
Banking Solutions FAQs
NRI FinOne offers comprehensive and well researched documents related to banking services which include all the nuances of the banking services and different parameters that one should check before opening the bank account.
An NRE (Non-Resident External) account allows NRIs to deposit their foreign earnings in India. It is fully repatriable, tax-free, and can be held jointly with another NRI.
An NRO (Non-Resident Ordinary) account is used to manage income earned in India, such as rent, dividends, or pensions. Unlike NRE accounts, NRO accounts are not fully repatriable and the interest earned is subject to tax.
NRI FinOne can assist you in the process of opening an NRE/ NRO account with a comprehensive guide on NR Banking services in India. You need to provide Required docs for the same and without visiting India your account can be opened with any bank in India within 15-20 days.
The interest earned on NRE accounts is tax-free in India. However, you may need to declare it in your country of residence.
NRE accounts are rupee-denominated, whereas FCNR (Foreign Currency Non-Resident) accounts are maintained in foreign currencies. Both are tax-free and fully repatriable.
Funds can be transferred from an NRE account to an overseas account easily via internet banking, mobile banking, or by visiting the bank.
NRIs can complete their KYC by submitting documents such as a valid passport, PAN, visa, proof of overseas address, and recent photographs. NRI FinOne facilitates online KYC verification for convenience through our Banking partners.
LTCG taxed @12.5% with Indexation (Exempt upto Rs. 1.25 lacs)
STCG taxed @20%
Taxation for Debt Mutual Funds - As per slab rates
You can access your NRI account through internet banking, which allows you to manage your account, transfer funds, and pay bills from anywhere in the world.
There are no limits on inward or outward remittances to & from NRE accounts. For outward remittances, NRIs can remit up to USD 1 million per financial year from NRO accounts after fulfilling tax compliance.