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 Service in Stockmarket
Understanding the RBI Guidelines for NRI Investment Services in the Stock Market
Investing in the Indian stock market has become increasingly accessible for Non-Resident Indians (NRIs) thanks to various intermediaries. However, these investments are subject to specific guidelines outlined by regulatory bodies like the Reserve Bank of India (RBI). These guidelines ensure compliance and clarity for NRIs investing in Indian stocks. Let’s delve into the RBI’s directives… Continue reading Understanding the RBI Guidelines for NRI Investment Services in the Stock Market