Investment in India through NRI or NRE account?
there problems. economy growing rapidly india dosent preffer nir money inflow india has huge reserves etc...
invest in shares through http://www.geojitbnpparibas.com/
repatriable have pay taxes money generated in india markets... en round 30%
pay off caus indian market grows in such dimensions
example sensex down round 7,000 point during global crisis, +-16,000 now...
exoected 21,000 2010 first quarter...
1,00,000 2025 en 2,81,000 2050!
okay estimates inidan economy moving in right direction en belive in india inc. story....
left upto you...
i staying in australia sine past 2 years, parents stay in india, can invest money in india(fd, mutual funds, shares etc) through nri or nre account & there in tax implications in getting money in australia if never go india in future?
Business & Finance Taxes India Next
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