While the quality of life in Melbourne is superior, it comes at a heavy price — both literally and metaphorically. “We miss family and the general lack of community the most. Australia is a lonely country. That’s the primary reason we want to move back,” said Saurabh. “Also, the cost of living as a percentage … Read more
The fund is a close-ended Category II alternative investment fund (AIF). It has a term of 4.5 years, which can be extended by another year with the consent of two-thirds of its investors. It will feed into the ARGA Emerging Market Equity Fund. ARGA is a US-based asset manager with about $15 billion worth of … Read more
I live in Australia with my family. Somewhere in mid-2020, I had invested in some liquid mutual funds, which I redeemed in March this year to book profits. TDS (tax deducted at source) has been deducted upon redemption. I have read that NRIs (non-resident Indians) in the UAE do not have to pay capital gains … Read more
The current FPI regulations issued by SEBI states that NRIs or OCIs or RIs may be constituents of the FPI, however, the contribution of a single NRI or OCI or RI shall be below 25% of the total contribution in the corpus of the FPI and the aggregate contribution of NRIs, OCIs and RIs shall … Read more
At present, I am a non-resident India (NRI) working in Finland and want to start investing in the Indian stock market. While I live alone here, my family resides in India. I plan to work for a maximum 6 to 7 years in Finland and then come back to India. I have a house in … Read more