Introduction - RFC Account Of A Returning NRI And Investment Abroad

[RFC account of a Returning NRI and Investment Abroad]

An NRI returning to India permanently at some time and becoming a resident in India is interested in knowing the types of Foreign Currency Accounts which he can maintain in India. Similarly, he will also be interested in knowing Regulations regarding direct investment in foreign currency securities other than by way of direct investment. The first types of Regulations are contained in Foreign Exchange Management (Foreign Currency Accounts by a person Resident in India) Regulations, 2000. The other set of Regulations regarding an investment by a returning NRI in India becoming a resident or any other resident person abroad are contained in Foreign Exchange Management (Transfer or Issue of any Foreign Security) Regulations, 2000. Both these Regulations came into force from 1.6.2000. The salient features of both these Regulations are analysed in this chapter. (For the latest Regulations please refer to the RBI.)

 
RFC account of a Returning NRI and Investment Abroad
1. Introduction - RFC Account Of A Returning NRI And Investment Abroad
2. Opening, Holding And Maintaining A Resident Foreign Currency (RFC) Account
3. Tax Haven For Returning Indians Via RFC Account
4. Exchange Earner’s Foreign Currency (EEFC) Account
5. Direct Investment Outside India By A Returning NRI Or A Resident In India
   
   
   
   
Tally.ERP9 Book Online Order Tally.ERP9 Book Content
 
 
Tax Management
Computation of Gross Total Income
FAQ on Taxation System
CORPORATE TAX (Taxation in Companies)
Amendment of Sections at a Glance for Assessment Year 2019-2020 under Income Tax Act.
GST (Goods & Service Tax ) Taxation System In India
HUF (Hindu Undivided Family) Taxation System, Tax Planning & Tax Saving
Tax Guide for NRI - Tax Planning, Tax Saving, Investment Guidance for Non-Resident Indians !
Tax Management - Managerial & Financial Decisions
Business Tax Procedure & Management
 
LIBRARY @ Tax Management
TAX & INVESTMENT GUIDE FOR "NRI"- Non-Resident Indians !
GUIDE & FAQ @ TAX
GRAPHICAL PRESENTATION @ TAX
TIPS & TRICKS @ TAX
MANAGERIAL & FINANCIAL DECISIONS @ TAX
5 GOLDEN RULES OF TAX PLANNING
FAMILY TAX PLANNING
DEDUCTIONS FROM YOUR INCOME
EXEMPTED INCOMES
HUF - FORMATION, MANAGEMENT & TAX PLANNING
COMPUTATION OF GROSS TOAL INCOME
INCOME TAX @ GLANCE
MULTIPLE KNOWLEDGEBASE ON TAX
51 TIPS ON TAX PLANNING
APPEALS UNDER INCOME TAX
ASSESSMENTS
PENALTIES UNDER IT DEPATMENTS
TAX SAVING SCHEMES
TAX READY RECKONER
TAX RATES
PROSECUTIONS UNDER INCOME TAX DEPARTMENT
TAXATION SYSTEM IN INDIA
CHARITABLE & RELIGIOUS TRUST - TAXATION
PRESCRIBED FORMS WITH with Section / Rules
Tax Tutorials
E-Payment Of Direct Taxes
Filing Of Return Of Income
Interest for Delay in Filing the Return of Income [Section 234 A]
Interest for default in Payment of Advance Tax [Section 234B]
Provisions Of 'Income-Tax Law' Useful For Non-Residents
MAT (Minimum Alternate Tax)
AMT ( Alternative Minimum Tax)
Tax On Long-Term Capital Gains (LTCG)
Tax On Short-Term Capital Gains (STCG)
Exemption[ Section-54] For Capital Gains Arising On Transfer Of Residential House Property
Tax Treatment Of Gifts Received By An Individual Or HUF
Set Off And Carry Forward Of Loss Under The Income-Tax Act
Interest For Delay In Payment of TDS/TCS And For Non-Payment Of Tax Demanded
Tax Deduction/Collection Account Number (TAN)
How to apply for PAN ?
Refund Of Excess Tax Paid By The Taxpayer (Sections - 237 to 245 )
Presumptive Taxation Scheme of Section 44AD
Presumptive Taxation Scheme of Section 44ADA
Presumptive Taxation Scheme of Section 44AE
Deduction in respect of Life Insurance Premium, PPF, NSC, etc. [Section 80C]
Deduction in respect of Medical Insurance Premium [Section 80D]
Tax Deducted at Source (TDS) from Interest, other than Interest on Securities (Section-194A)
Tax Deducted at Source (TDS) from Interest on Securities (Section 193)
Late Filing Fees And Penalty For Failure To Furnish/Delay In Furnishing The TDS/TCS Statements

Most Popular Links :

Clubing of Income Deduction U/s 80C
Allowances Us-17(3) Exemption-Salary
Tax Amendment-2018 Taxable Income
Clubing of Income Tax Deductions
HUF Deduction HUF Investment
Gift by HUF HUF Tax Planning Tips
Tax Saving Schemes Tax Planning Tips
Refund of Tax Fringe Benefit Tax-FBT
Return Filing Assessment / Scrutiny
Notice from I.T. Dept. Incomes Types @ TDS
Exemptions-Tax Returns “Summon” U/s 131
'Black Money' @ I.Tax Big Gifts To Be Taxed
'Appeals' under I.Tax Assessment @ I.Tax
Exempted Incomes Capital Gain
Business & Professions House Property
Salaries @ I.Tax Partnership Firm
'Penalty' under I.Tax Act. Tax Ready Reckoner
Charitable Trust Useful Links @ I.Tax
 

Disclaimer:
All efforts are made to keep the content of this site correct and up-to-date. But, this site does not make any claim regarding the information provided on its pages as correct and up-to-date. The contents of this site cannot be treated or interpreted as a statement of law. In case, any loss or damage is caused to any person due to his/her treating or interpreting the contents of this site or any part thereof as correct, complete and up-to-date statement of law out of ignorance or otherwise, this site will not be liable in any manner whatsoever for such loss or damage.

The visitors may click here to visit the web site of Income Tax Department for resolving their doubts or for clarifications

Tally.ERP9 Book Online Order Tally.ERP9 Book Content