Following the agreement signed between India and US on implementation of (FATCA), non-resident Indians in US have started selling off their assets by transferring them under family trusts. The reason why NRIs in the US transfer their properties to trusts is to absolve them from the responsibility to pay taxes on such transactions, as trustContinue reading “Non-resident Indians are using this trick to evade paying taxes”
Tag Archives: Mutual Funds
Five suggestions for NRIs thinking about investment in Gold
Gold has always been an object of Interest for Indians but for those of us who are residing abroad, there are a few checkpoints that they must carefully observe to attain the best out of their investment. First: How much to Invest? Gold is an asset class that is used as store of value andContinue reading “Five suggestions for NRIs thinking about investment in Gold”