NRI Legal Services

Unaccounted deposits could face 50% tax, 4 Years lock-in period : No less than 50 percent tax could be levied on inexplicable bank deposits made when using banned currency notes around December 30, 2016 including a four-year lock-in period for One half of the remaining amount underneath the amendments to tax law the government plans to usher in Parliament shortly. However, a greater 90 percent

Demonetisation Do's and Don'ts: Govt Announces Operational Measures : After about fifteen days of the Demonetisation process, the Government finally announced some measures on an operational level so that there is clarity about the usage of the old versus new notes – as also the exchange of the notes. Significantly, the following are noteworthy points: There will be no over the counter

Criminal Litigation Against NRIs and Overseas Citizens : 'A DAY IN PRISON IS LONGER THAN A THOUSAND YEARS” – DON’T LET THAT HAPPEN TO YOU!!!! A huge number of our NRI clients come to us because of false litigation initiated against them. Most of these charges are either unfounded or baseless. To top it all NRIs have to be fearful of coming to

Landlord-Tenant Dispute- Tales that Never End! : Eviction of tenants is one of the most frequently queries that we handle from NRIs. Landlord-Tenant disputes are not limited to local levels only. In the case of NRI properties, the matter always becomes worse because people can take undue advantage of the absence of overseas citizens. Most NRIs have no option but to give

Demonetisation Myths and Rumours : Whenever major sweeping changes are made in an existing system, some myths and rumours are bound to be floated around too - partly because of the ignorance of the masses and partly because of a tendency of a section of people to create confusion and panic. The Modi government’s recent Demonetization move is no

Guidelines to NRI investors post demonetization : The words “Property for Sale” always create a lot of interest. It is important for people to learn to protect their properties. More so, in this era post demonetization and the effects, the current wave is supposed to have on the real estate sector too. The first step in this direction is to get

Demonetisation and The Real Estate Sector : When History takes a turn, there is plenty you can expect. India seems to be living in this kind of a phase for the past ten days. The wave of demonetisation that swept across the country on November 8 has brought related changes in various areas of the economy. Besides the fact that the