Blog categorized as FEMA

Navigate FEMA regulations for returning Indians. This guide helps NRIs manage the financial transition, including account conversions (NRE, FCNR), asset management, and understanding RNOR tax status. Essential for a smooth financial move.

Sending money abroad from India? The RBI's LRS lets you remit up to $250,000/year. Know the latest foreign remittance rules, limits, and Tax Collected at Source (TCS) rates for education, travel, and investments. Plan your outward remittance and calculate tax for a smooth transfer.

Navigating the Foreign Contribution (Regulation) Act, 2010, requires diligence and a clear understanding of its provisions. The distinction between NRIs and PIOs/OCIs based on their citizenship status is a cornerstone of FCRA applicability to individual donations from abroad.

Cross-border cryptocurrency gifting from India is fraught with regulatory uncertainty and potential legal repercussions under FEMA. The lack of explicit provisions and the RBI's cautious stance create a significant grey area.