Resident Foreign Currency or RFC accounts can be maintained in foreign currency by the resident Indians.
Home Loan Balance Transfer or Balance Transfer or simply Refinancing is the route that lets you get the benefit from the lower interest rates presented by other lenders.
Your residential status verifies whether or not you have to file an income tax return in India. Residential status, as a result, is determined by the number of days you've lived in India in a particular financial year.
Time and again, a Non-Resident Indian goes through the condition of maintaining a Rupee account in India.
The PPF Withdrawal scheme follows stricter rules when a Resident Indian convert his/her status to NRI(Non-Resident Indian). However, the Government of India lauches a scheme which ensures withdrawals of money before PPF account maturity. Generally, PPF account withdrawals can occur from the 7th financial year onwards to till 15th years.
NRIWAY specializes in creating innovative financial management solutions for NRI individuals. As an NRI, You need to take care of tax laws and investments rules in both countries which create a necessity of financial advisor. NRIWAY is a financial management company which helps to provide hassle-free decisions when an NRI wants to switch a country for either money investment purposes or buying/selling an asset like property. We are expert financial service Provider Company helping an NRI to keep track of taxation laws and managing financial management related strategies such as tracking fluctuations in various countries currencies. Therefore opening or closing a bank account as well as money management is always a tough task for NRIs. However, NRIWAY is one of the top available options for strategic financial management which NRI need for. NRIWAY provides unique solutions related to all aspects of financial management services which includes closing a bank account, nre account, nro account, tax filing online services, home loan balance transfer, ppf withdrawals for nri. We at NRIWAY have fixed prices that are always constant for all NRI customers. Hence there is no scope of fraudulent or partiality in our costs for property management services.