India-side reading for professionals whose clients have ties to India.
Wealth managers, bankers, insurance professionals, lawyers and accountants, in India or abroad, regularly meet clients whose questions reach into Indian law: residential status, FEMA, the operation of NRE and NRO accounts, withholding on a property sale, or the reporting that follows a return to India.
These questions seldom belong to a single rulebook. An Indian tax conclusion may leave FEMA, banking or reporting questions open, and the position can change with the year, the client’s residential status and the transaction involved. Obligations arising in the client’s country of residence are a separate matter, to be considered under that country’s laws.
Three distinctions that recur in client conversations
- Residence for income tax and residence under FEMA
- A nominee and a legal heir
- The tax on a property sale and the right to take its proceeds abroad
Where to begin
- Return to India
- NRI Tax & Residency
- Banking & Money
- Property & Inheritance
- Investing & Wealth
- Business & FEMA
The book and its frameworks
What NRIs Are Not Told About India was written with NRI-facing professionals in mind. Its three frameworks, the Compliance Highway Rule™, the NRI Kaalchakra™ and the NRI INDIA Mantra™, offer a common language for approaching cross-border client conversations. They are introduced on the Frameworks page.