In the world of finance, where every penny counts, tax exemptions can be the golden ticket for investors. For Non-Resident Indians (NRIs) eyeing investments through Alternative Investment Funds (AIFs) in the Gujarat International Finance Tec-City (GIFT City), the recent amendments to the Income Tax Act, of 1961 bring good news. But how exactly does this… Continue reading Do NRIs investing through AIFs in Gift City qualify for tax exemptions?
Tag: NRI investment India
Unlocking Opportunities: Why 2024 is a Prime Year for NRI Investments in India
In a recent address, Prime Minister Narendra Modi hailed the significant contributions of Non-Resident Indians (NRIs) to India’s development. He highlighted their pivotal role and underscored that the current moment is opportune for NRIs to invest in the country’s growth. Delving into the dynamics of NRI investments, it becomes evident that a substantial portion of… Continue reading Unlocking Opportunities: Why 2024 is a Prime Year for NRI Investments in India
Why Investing in India is considered a safe option for the NRI Investors based in the UK, USA and East Africa.
The Indian diaspora across North America, UK. Europe, Africa, Middle East has always been an integral part of the development of India. Not too long ago, PM Narendra Modi hailed NRIs, saying that he considers NRIs as India’s brand ambassadors and symbols of India’s capacity and capabilities. There are about 15 million NRIs and about… Continue reading Why Investing in India is considered a safe option for the NRI Investors based in the UK, USA and East Africa.