#nri #nriinvestments #financialplanning
Greetings, financial enthusiasts! 🌟 It’s time to unlock the secrets of Portfolio Investment Scheme (PIS) and equip yourself with the knowledge you need to make informed investment decisions. 📈 Join us on this enlightening journey!
Hi, Don’t miss this if you are an NRI and planning to sell property in India
This Channel is dedicated to NRI Friends and planned to help them in , four areas
1) NRI Taxation, DTAA, and FEMA Compliance
2) NRI Property matters
3) NRI Legal matters, such as Will, Inheritance, Family Settlement, etc
4) NRI Investment matters in India
Pls feel free to ask your queries and I will surely study, Consult and make a Video on that or at least answer in the comment section. Kindly note please Don’t leave personal information in the comment section and send such queries to
Client support Team on WhatsApp @ 8080088288 or
on Email – Cs@aktassociates.com, they will help you to answer your common queries and for specific queries, they will arrange an Appointment.
Pls, note there will be a nominal consulting fee for such an appointment which will be reduced from final fees if any work or assignment is provided to us. making consulting Free on the net.
I strongly recommend going through Channel first as most of the queries I have already answered before paying for consulting.
Some Popular topics and related videos are listed herewith
1) Complete Stepwise Property sell Procedure for NRIs in 2023
https://youtu.be/YiiVxCfkPvI
2) Tax for Seafarer
https://youtu.be/wCwGWgK7VwY
3) NRI Property Sell Playlist
https://youtu.be/YiiVxCfkPvI
4) NRI QNA
https://www.youtube.com/playlist?list=PLw36_k_yJ6g5gX2JWLc0CNErvQ08X2qIW
Chapter
00:00 Introduction
01:20 What is Portfolio Investment Scheme?
03:40 Repatriable Basis & Non Repatriable Basis
05:50 Conclusion
#nri ,#aktassociates ,#nripropertyselling,#merchantnavy, #nonresidentindian
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@mananthakrishnan
Thank you Sir. What about investments in shares made from SB account when the person was a resident and living in India? If such shares are sold after he becomes an NRI, is repatration of sale proceeds +profit on sale of such shares allowed ? Also request your good self to please do a video on PINS/Non PINS investment account and how it differs from PIS account. Thanks in Advance,
@sumangalgandhi4608
nice info sir, plz explain thru PIS we can only invest in stocks or mutual funds also ? short term or long term gains tax to be paid in india as well as in resident country DTAA , plz provide more info
@bzldzl
If I already have a NRO bank account. Is it assumed to be NONPIS NRO account or is has to be designated as a NONPIS NRO account by doing some paper work?
@PadminiRajendran-r3m
As an oci do I get 1 lac exemption on my capital gains tax?
@RajV26
Thank you sir. A question, do NRIs need to file for ITR (Tax returns in India) if investing under that PIS scheme and capital gains exceed threshold? I hear a lot of differing opinions on this point.
@musicmode2192
I transfer money from abroad to NRE and then to NRO account. From NRO I will invest in NON pins demat in mutual fund. In that case do i need to file 15 CA or CB ? ALSO I would like to know whether direct mutual fund is not available to invest through PINS is it so ?
@vinodkumarirukulla
Please clarify whether to have 2 PIS accounts one for NRE and other for NRO account
@cmcm0805
I have shares in the unlisted company that I work for through ESOPs. They are currently in NRO PIS Demat Account. Is NRO PIS the right type of account for holding ESOP shares? Do I need to transfer to non-PIS account? Also, what happend once the company gets listed post IPO?
@jackyk6125
Hi Sir, I am an NRE account holder, now investing in India through my NRO account….in kyc mentioned as resident individual…is it mandatory to change to PIS ac?..also the demat account opened by NRE bank itself…appreciate your advise…thanking you in advance..
@HumanitiToAll
Thank you very much for the information in a short duration.
I have a question.
I have been an NRI since 2020, and recently, I have opened a demate account in zerodha linking my NRO account. The capital I have used to invest in the share market transfered from my NRE account to NRO account.
Is it the right way to invest being an NRI?
If not, what would be the consequences and best solution for me.
Please advise.
Waiting for your response.
Thanks in advance.
@sivaprasad4k
Whether we can have two PIS accounts, one for NRE and another for NRO?
@anjukvarkey5891
Difference between non pis nd pis ac
@ChandanKumar251ck
Pis account se investment karegetu kuch tax pay karna padega? Aur brokerage charges kaise he pis me, plz help me
@tanmoy2902
are the profits from capital markets in NRO non-PIS account also repatriable ? Given the fact that it is within 1million USD limit. I am asking this question because the NRI demat account says that NRO non-PIS accounts are non-repatriable, but if i pay the taxes then and follow 15CA and 15CB then can the money be repatriated?
@thepracticalmariner
Sir, what about a Seafarers/Mariners. Do they also need to Invest in stocks via PIS?
I stay on foreign going ship for more than 183 days. Then i stay at India.
@mahammedalthaf9052
Do we need to pay income tax for shares investment using PIS ?
@tanmoybanik3544
Hello.
I have a question, I am an NRI from Germany and I want to know if I want to invest in mutual fund in India with the long term goal that if needed I would like to sell the mutual fund and take it back to Germany , is it better if I open a NRE PIS account and send my SIPs through this account instead of transferring money from NRE to NRO and the doing SIPs? I know about the 1 million usd scheme etc, but I want to know if I bus mutual fund using NRE PIS account, is there any extra disadvantage in comparison to NRO non pis account. ?
@kewaldhaliwal8985
Sir how about seafarer, we need no- pis account or we can use regular demat account with link Nro account
@LisaFlood-c8i
Paul Lodge
@m.design
What happens to existing demat account and holding?
@truth770
Please try to increase your sound. There is very little sound. We need to keep maximum volume on our laptops or mobile devices.