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Since moving to Australia, the couple have lived in eight rental homes while steadily building their property portfolio. (Courtesy: Daily mail)
Updated : Jul 21, 2025

Indian migrant couple own 18 homes in Australia, but still rent. Here’s why

The couple’s approach flips the traditional narrative: don’t tie up all your money chasing home ownership in expensive suburbs. Instead, rent where you want to live and invest in multiple affordable properties elsewhere.

2024 FDI rankings: U.S. tops totals, Malta leads per capita, Belgium sees worst decline
Updated : Jul 17, 2025

Big capital, small countries: Malta leads per resident FDI, US lags at 18th globally

The United States, while leading the global FDI chart in raw value, ranked only 18th when measured per resident, with just $1,140 per capita

Indian H-1B holder urges peers to skip home buying amid job risk and lifestyle costs
Updated : Jul 12, 2025

'Please don't buy house': Indian H-1B worker warns of financial risks of purchasing property in US

Breaking down the argument, the Reddit post highlights how, under current market conditions, renting often makes more financial sense

NRIs are still required to report worldwide income, including rental earnings and property sale gains in India, on their U.S. tax returns
Updated : Jul 9, 2025

‘New US law to impose $1,000 tax on $100,000 NRI remittances’: Expert on One Big Beautiful Bill

Experts warn that strategic planning is now critical for NRIs looking to avoid unnecessary taxes and paperwork under Donald Trump’s sweeping fiscal reforms.

India, the world’s top recipient of remittances, received approximately $33 billion from the United States during FY24, accounting for nearly 28% of its total remittance inflows.
Updated : Jul 5, 2025

'No US remittance tax for Indians if they...': here's who Indian diaspora can win with new One Big Beautiful Bill

The US Senate has capped the remittance tax at 1%, exempting transfers via ACH, debit, or credit cards.

The funds would be invested in an index fund like the S&P 500, with additional contributions of up to $5,000 per year allowed from parents or others. 
Updated : Jul 5, 2025

'America’s ladla baccha yojna': Paytm founder quips as Trump plans $1K fund for every newborn

The funds would be invested in an index fund like the S&P 500, with additional contributions of up to $5,000 per year allowed from parents or others.

Live abroad? You can now scan and pay in India via UPI using your international number
Updated : Jul 2, 2025

Now NRIs can use UPI in India with their foreign mobile numbers, no Indian SIM needed- Details here

This means NRIs can now pay rent, send money to family, or settle bills in India with apps like Google Pay and PhonePe, just like any resident Indian

The remittance tax has undergone significant revisions since the OBBBA was first introduced.
Updated : Jul 1, 2025

'Keep more of what you earn': CA decodes Trump’s One Big Beautiful Bill slashing remittance tax to 1%

Trump’s One Big Beautiful Bill Act has slashed the proposed U.S. remittance tax to just 1%, bringing major relief for NRIs sending money to India. CA Disha Sehgal explains how this move helps protect earnings and offers strategies for planning ahead.

Whenever an Indian resident earns income from a foreign country, that income typically faces tax deduction at source overseas.
Updated : Jul 1, 2025

Earning abroad? Here’s how to claim FTC, keep your taxes in check

If you earn income overseas and pay tax abroad, you could save big on your Indian tax bill. Claiming Foreign Tax Credit (FTC) prevents you from being taxed twice on the same income. But tax consultant Sujit Banger warns: timely filing and proper documents are crucial to avoid costly mistakes.

India, by comparison, levies a 10% tax on long-term capital gains (LTCG) above Rs 1 lakh. In the United States, capital gains tax follows a progressive structure.
Updated : Jun 25, 2025

'Ditch high-GST economies, invest where capital gains tax is zero':  Financial expert shares global strategy to beat tax traps

Financial advisor Akshat Shrivastava is urging professionals to rethink where they earn, invest, and spend to legally minimise taxes. From capital gains tax-free havens like Singapore to zero-GST spending destinations, he outlines a global strategy for smarter money management. His message: "Why live in a high-GST economy when you can keep more of what you earn?"

Real Estate Market: Omaxe has ensured that the first phase of the project, which includes residential plots sized 300, 500, and 1000 square yards, is backed by RERA registration and necessary approvals.
Updated : Jun 19, 2025

NRI Alert: Veteran banker reveals why that Rs 1 crore flat may have earned just 3% in dollars

As NRI investments in Indian real estate continue to rise, a hidden challenge threatens actual returns—currency depreciation. A real-world case study reveals that even a property that doubled in value in rupee terms delivered barely 3% returns in USD.

RBI has altered its policy stance from accommodative to neutral, suggesting that the market should not expect further substantial rate cuts in the near future
Updated : Jun 12, 2025

RBI to clamp down on year-end foreign currency rush under remittance scheme: Report

The Reserve Bank of India (RBI) is set to tighten rules under the Liberalised Remittance Scheme (LRS) to prevent resident Indians from parking funds in foreign currency deposits with lock-in periods.

NRI investors betting on Indian startups and unlisted shares are in for major tax relief.
Updated : Jun 4, 2025

NRI investors to save more: New tax clause offers relief to NRIs investing in Indian startups, unlisted equity shares

The 2025 Income Tax Bill introduces a new clause that allows capital gains to be calculated in foreign currency, accounting for forex fluctuations. Experts say the move could reduce long-term capital gains tax by up to 72%, making India a more attractive investment hub for global Indians.

Currently, NRIs do not enjoy this benefit when selling unlisted shares. This often results in inflated taxable gains when the INR weakens significantly during the holding period.
Updated : May 31, 2025

NRI taxation: NRIs can save up to 72% tax from forex-adjusted capital gains on unlisted shares; check how it works

Unlike the earlier regime under the Income Tax Act, 1961, which required NRIs to compute capital gains entirely in Indian Rupees (INR), the proposed Section 72(6) of the new bill allows capital gains to be computed in the foreign currency used for acquisition—typically the US Dollar—and only then converted to INR on the date of sale.

Under Chapter XII-A, NRIs can pay just 12.5% tax on long-term capital gains and 20% on investment income from specified foreign exchange assets—with no return filing required if TDS is deducted.
Updated : May 27, 2025

ITR filing 2025: NRIs can skip returns if these conditions are met under special tax regime

As the ITR filing season for AY 2025–26 kicks off, NRIs have the option to reduce their tax burden through a lesser-known special regime under Chapter XII-A of the Income Tax Act. This optional provision offers concessional rates on income from specified foreign exchange assets.

Mittal’s family controls 24.5% of BT Group through their Bharti Global holdings.
Updated : May 25, 2025

Billionaire heir Shravin Mittal moves to UAE from UK: Why are Britain’s wealthy leaving?

He also registered an Abu Dhabi branch of Unbound, the investment firm he originally founded in London, last month, according to filings cited by Bloomberg.

'Wall tax' for migrants? New Trump bill now seeks 3.5% remittance tax, Indians could lose billions
Updated : May 24, 2025

Big, Beautiful rollback: New 3.5% tax replaces 5% plan, NRIs eye cheaper transfers to India but tighter rules

The change comes as part of Donald Trump’s newly unveiled One Big, Beautiful Bill Act, a sweeping legislative package targeting trade, immigration, and financial flows

The platform will offer fractional share investing and extended US market hours through India INX and NSE IFSC, making global investing more accessible and efficient.
Updated : May 23, 2025

Bigul launches US stock investment for Indian, NRI clients via GIFT City

Bigul has launched a new platform enabling Indian residents and NRIs to invest in US stocks and ETFs via GIFT City, starting from just $1. The service, powered by ViewTrade, leverages GIFT City's regulatory framework to simplify cross-border investing.

'Wall tax' for migrants? New Trump bill seeks 5% remittance tax, Indians could lose billions
Updated : May 22, 2025

Indians in US may have to pay 5% tax on money sent home; New Trump bill seeks remittance tax for migrants

A bill introduced in the US House of Representatives on May 12 proposes a 5% tax on money sent from the US to foreign countries by non-citizens, including Green Card holders and workers on H-1B or H-2A visas

Real estate developers, especially in cities like Mumbai, Delhi, and Hyderabad, fear a slowdown as NRI money becomes more expensive to send.
Updated : May 17, 2025

Breaking down the new 5% remittance tax: What every Indian in the US needs to know

In 2023 alone, Indians in the US sent over $23 billion to support loved ones, invest in property, and fund businesses. But if this bill passes, every remittance will come with a costly new price tag.

 If approved, the tax could be in place by July 4, with banks and transfer services collecting the levy at the source — regardless of the transfer’s size or purpose.
Updated : May 15, 2025

Trump-backed tax bill targets NRI money transfers. What it means for India's $83 billion in remittances

Introduced on May 12, 2025, the bill includes a contentious clause: a 5% tax on international money transfers made by non-citizens. For the millions of NRIs who routinely send funds to their families in India, this marks a sudden and sharp reversal in US tax policy.