NRI Legal Services

Transferring funds from an NRI's Indian bank account to the bank of their residence country is known as repatriation. NRIs can hold different types of bank accounts with RBI (Reserve Bank of India)-authorized dealers/banks, including Non-Resident External (NRE), Non-Resident Ordinary (NRO), and Foreign Currency Non-Resident (FCNR) accounts. There is no general limitation on repatriating fu n ds from an NRE account. Funds in an NRE account are freely repatriable, meaning they can be transferred back to the NRI's residence country without any restrictions. However, there are limitations on remitting funds from an NRO account. An NRO account is meant to manage income earned in India by the NRI, such as rental income, dividends, or pension income. As per current regulations, up to 1 million USD per financial year can be remitted from the NRO account, subject to the submission of necessary documents and compliance with the Reserve Bank of India's guidelines. The exact process...

  When it comes to NRIs and ancestral property , they have the same rights as Indian citizens to inherit property. However, they may face certain legal and operational challenges when it comes to managing or selling the property, especially being out of the country of birth. NRIs need to be aware of the legal requirements and tax implications related to ancestral property in India, and it is recommended that they seek professional legal and financial advice to ensure smooth management and transfer of the property.

 NRI investors face many challenges while investing in India. NRIs should understand the investment scenario and avoid the pitfalls. Summary Investing in India as an NRI is a challenge. Common issues faced by NRIs are: i. Restrictions on investment ii. Understanding taxation in India iii. Double taxation levied on NRIs iv. Investing in digital assets NRIs are not aware about their legal rights NRIs should seek legal professional advice before investing in India Investment solutions are available for NRIs and they should explore the ones most suitable to them Read in Detail:  What are the problems faced by NRIs when investing in India?

  Will is an essential legal document which should be prepared during the lifetime of the testator. A Will document can be made in any language, and it needs to be signed by the testator. Further, the Will document needs to be attested by at least 02 witnesses. A Will can be registered at the Sub Registrar’s Office. The registration of a Will is strong legal evidence that the proper parties had appeared before the registering authorities, and the latter had attested the same after ascertaining their identity. Will can be made in relation to Indian properties in a foreign country by NRIs. The Will should be preferably Probated to ensure that the Will is not contested in the Indian Courts. Read in Detail:  Basics of a Will Document and its relevance for NRIs

Investing in Real Estate in India-Problems and Solutions for NRIs :  The real estate market is the sunshine sector. The role of NRIs in investments has a significant role. NRIs who are not aware of their rights. NRI community takes keen interest in the Real estate market in India . The investment is lucrative but at the same time full of risk. Understanding the problems and finding solution is essential. Read on for complete details.

Protection of Trademark applications and Intellectual Property Rights : Intellectual Property Rights (IPR) refers to safeguarding and protecting the rights of the owner/inventor/creator. It is always advised to take professional assistance to complete the IPR registration process.

How an NRI income will be taxed in India - Income tax and Tax matters : An NRI must file his income tax return like any other Resident Indian in India if the total gross income received in India is more than Rs. 2.5 Lakh for the provided financial year. An NRI must file his income tax return like any other Resident Indian in India. The residential status of the NRI plays a detrimental role in tax liability for NRIs. If an Individual’s status is Non-Resident, then the income earned only in India will be taxable. Income earned outside India cannot be taxed in India. Interest earned on an FCNR and NRE account is also not taxable. Interest received on NRO accounts will be subject to tax on the part of an NRI.

  Everyone is entitled to live with dignity and respect and have a right to live free from violence and discrimination. Indian Legal system supports it's women. Read on to know the detailed synopsis of women's rights in India .

A corporate legal entity is a setup for running and managing a business. The various types of legal entities available in India for doing the business are:  Sole Proprietorship One person Company Private Limited Company Public Limited Company Limited Liability Partnership Partnership firm Liaison Office Project Office The formation of a corporate legal entity in India is governed under the Company law through The Companies Act, 2013. A person can choose the suitable form depending upon: Nature of business Purpose/Objective of business Capital available and Cost of business Rules and regulations to be followed Managing the business Nature of liability Transfer of ownership Whether the company has to be continuous or temporary project-based Basic features: Sole proprietorship - It is suitable for small businesses and self-employed people. The business has one pro...

All about Intellectual Property Rights (IPR) For Business Start-ups : Intellectual Property Rights (IPR) are legal rights given to the inventor or creator to protect his invention or creation for a certain period. However, it is not mandatory to get these rights for doing any business.

Arbitration Dispute Resolution in India : Rather than filing Court cases straightaway and increasing the burden on the Court, Arbitration dispute resolution is a cost-friendly, alternative way to solve your legal issues.

Income Tax: Concept of Taxation for NRIs : If you are an NRI and have income accruing in India to file your income tax return every financial year properly, you may need to consult an income tax lawyer .

Transfer Deed and its relevancy for NRI - Property lawyers in India :  Overseas Indians or NRIs face issues of transfer of property ownership in India. Read on to understand Transfer Deed step by step.

Rights of legal heirs and property inheritance law in India - Property lawyers in India : Introduction Property is one of the essential elements a person makes during his lifetime for many purposes like investment or an essential shelter requirement. Property can be of two types self-acquired property and ancestral property.Self-acquired property is the property that a person acquires or purchases with his own money and income. Ancestral property is the property acquired by […]

All About Title Search of Property in India - Property lawyers in India :  What, Why & How of  Title Search in India- Explained.  Get all the pertinent information you were looking for.   The title search or property search can be conducted on all kinds of residential, agricultural and commercial properties.

Tax advisory & services in India - Property lawyers in India : Tax Advisory services come handy for companies as it ensures timely compliance of tax laws. The tax professionals' advice on the complexities of compliances

Adverse possession and Its Legal requirements to claim property in India - Property lawyers in India : Definition of Adverse PossessionAn alternate word for adverse is unfriendly or hostile, but what does adverse possession mean? The concept of ‘adverse possession is not defined in the Limitation Act, 1963 because it is a negative and consequential right merely based on the negligence of the true owner. In this article, we will understand the […]

Guide to Do Registry of Immovable Property in India for NRIs : Can a Power of Attorney be present before the Sub-registrar for registry of immovable property? Can an NRI acquire agricultural land? Does a gift deed require.  Know in detail: What happens if the registry of immovable property is not done? Is it mandatory to register your immovable property? Refer to this detailed guide and get answers to your queries. 

Under Indian   tax laws , an   NRI landlord   has to pay tax for the income earned by him/her as rent for the property situated in India. The residential status of the person is relevant to determine the income tax provision applicable to him/her. Who is an NRI as per the Income Tax Act? A person is a resident Indian if he satisfies any of the below-mentioned conditions: If the person is in India for 182 days or more in the financial year or If he/she is in India for 60 days or more in the relevant financial year and 365 days or more in the immediately preceding four years. The number of 60 days as provided in the sec o nd condition is substituted with 182 days for persons of Indian Origin or Indian Citizens who visit India in that year or leave India in the relevant financial year as a crew member or for employment outside India. As per budget 2021, this condition of 182 days has been changed to 120 days, i.e., 60 days will be substituted by 120 days. Deemed resident: If...

Steps to evict a tenant in India | Tips and FAQs - NRI Legal Services : Steps to evict a tenant in India. Hire a legal representative who will file an eviction suit in the court of law against the tenant.