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NRI Services

NRI Investment Options in India – Equity Instruments.

Everyone is aware that India will unleash its growth story and, in the process, create a vast amount of wealth for all investors. However, the real problem is deciding where to invest in India. As an NRI, you would be unaware of all the rules and regulations relating to investing in India. Moreover, there are a lot of NRI Investment Options In India for the NRIs. However, an NRI needs to know all the advantages and disadvantages of every NRI Investment Options In India before selecting one.

The Indian economy is one of the fastest-growing economies in the world and will continue to be the same over the next decade at least. Naturally, such impending growth would create loads of wealth for anyone who invests in India’s growth story. India continues to be the global bright spot for smart investments. Naturally, this makes India the perfect place for NRIs to invest their money. Moreover, India is also the preferred investment destination for the NRIs due to its motherland appeal.

The Best NRI Investment Options In India - Equity Oriented Instruments.

1) Mutual Funds

Mutual Funds are one of the most stable and safe investment options for NRIs in India. Mutual funds are one of the most preferred NRI investment options in India for NRIs. Various types of mutual funds are available for the NRI to invest in. An NRI can choose from Equity, Debt, Hybrid, or Solution Oriented Mutual Funds based on their objective and risk appetite. 

Qualified individuals professionally manage Mutual Funds. The allocation in a mutual fund is done after thorough research & analysis. Moreover, the investment in a mutual fund depends on the nature of the underlying scheme/fund’s objective. The information regarding mutual fund investment is readily available to investors to ensure greater transparency. 

2) Portfolio Management Services

Another preferred investment option for the NRIs in India is Portfolio Management Services (PMS). PMS is the ideal investment option for NRIs who prefer investing directly in stocks. A team of professional individuals with years of experience handle a PMS. PMS invests directly in stocks after thorough research and analysis. 

There are various types of Portfolio Management Services, and an NRI can choose one according to his investment objectives and risk-taking abilities. PMS is one of the ideal NRI Investment Options In India as the NRI has to invest the money and let the professional fund managers do their job.

NRI Investment Options In India - Alternate Equity-Oriented Instruments

1) Unlisted Shares

We all know India is unlocking its growth story. Similarly, there are a lot of companies in India that are yet to unlock their true potential. The startup age has brought about a lot of disruptive companies that can revolutionalize entire industries in the future. The recent frenzy in the stock markets has brought out a new NRI Investment Option In India for the NRIs – Unlisted Shares. 

Unlisted shares are equity shares that are not traded on the secondary market, that is, the stock exchanges. The unlisted shares have caught the eye of the NRIs due to the prospect of generating enormous returns. However, not all unlisted companies generate enormous returns. An NRI must do all the due diligence before investing in unlisted shares or hire a financial service provider like Ashutosh Financial Services to assist them in investing in unlisted shares.

2) Foreign Equity

As an NRI, you would know that the world’s biggest and most famous companies, like Apple, Amazon, Google, etc., are from the US markets. The US market is the world’s biggest stock market in terms of market capitalization. These companies have consistently generated good returns for all their investors. They are also among the world’s biggest wealth creator companies. However, most of the NRI investors would not have invested in these companies due to the lack of knowledge of how to invest in them or due to the price of the share of these companies. 

To solve this problem, we at Ashutosh Financial Services have created a custom product – Foreign Equity. We have created many custom portfolios of US Listed Companies in this product. Each of these portfolios has an underlying theme, and all the investments are done into companies according to the underlying theme. 

How We Help You?

Ashutosh Financial Services is a professionally managed, ISO-certified financial services provider that has assisted the NRIs in their various requirements for over 20 years. We have a team of qualified and experienced individuals who are well-versed in handling the intricacies of an NRI investment. In our bid to provide quality and efficient NRI Services, we have separate departments for all our services. 

We have our presence in 3 key cities(Mumbai, Ahmedabad, and Rajkot). We have a state-of-the-art digital and physical infrastructure. Our robust infrastructure enables us to provide offline and online service/support to the NRI for their investments. All our separate departments are helmed by dynamic individuals with years of experience handling NRI investments. 
We follow a process-driven approach that is carefully curated to ensure that all the aspects of an NRI investment are taken care of. Our process starts with- 

1) Thorough Discussion: To understand your investment objectives and risk appetite. It also enables us to collect all your basic details and prepare your risk profile.  

2) Risk Profiling: Based on the investment horizon and objectives, we try to ascertain the maximum risk you should take to achieve your investment objectives. 

3) Research & Analysis: We select the best scheme for fulfilling your investment objectives based on all the data collected. It involves comparing all the available options and choosing the best one for your investment. 

4) Investing: Once the final schemes are locked, we will approach you again with all the necessary documents and a detailed plan of how your investment objectives will be achieved. Moreover, we will also discuss the taxation part of your investment. 

Our Key USPs are:

1) Dedicated Relationship Manager: At Ashutosh Financial Services, we assign an individual to assist you in your investment process. The relationship manager would also assist you with all your future requirements. The said individual will always be available to assist you in any way you need. 

2) Dedicated Research & Analysis Department: A specialized department that tracks the performance of all the NRI Investment options in India. It is helmed by qualified and professional individuals with years of experience in handling NRI Investments. This department gives us an edge and enables us to provide you with the best investment scheme for your objectives.  

3) Periodical Review Of Investments: At Ashutosh Financial Services, we undertake a periodical review of your investments. We take up this activity to ensure that if the schemes perform differently from the expectations, we can change and replace them at the earliest to achieve your investment goals. 

At Ashutosh Financial Services, we assure you that we will provide you with the best quality and unbiased advisory services for your investment. 
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NRI Services

Special Tax Benefit For Non-Resident Indians (NRI)

▪️ Any Long-term capital gain on sale of shares of Indian Companies, listed and unlisted or any government securities will be exempt if the sale consideration is reinvested within 6 months into shares of Indian Companies , Deposits with Indian companies (including Indian Banks) or Government Securities.
▪️ The above relief is available under section 115F of the Income Tax Act (Chapter XII-A).
▪️ The sale consideration can be invested in deposits of top class Indian companies offering an interest above 7% p.a.
▪️ The investment made to claim the deduction has to be held for 3 years.
▪️ If sale consideration is partially invested, proportionate deduction is allowable.
▪️ This provision opens an opportunity for lucrative tax planning for NRI and an attractive investment opportunity simultaneously.
For further details, contact us:
Ashutosh NRI Services
Mobile: +91 70435 93388 / 70430 88859
Email: nris2@ashutoshfinserv.com / nris1@ashutoshfinserv.com
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We invite NRIs to become our REFERRAL PARTNERS for promoting NRI Services globally with attractive terms.

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NRI Services

Referral Partner for NRI Services

  • We are a one stop destination for Non-Resident Indians providing holistic services relating to Investments, Taxation & Estate planning, Legal aspects and compliances relating to foreign taxation.
  • We are inviting applications for persons to become our Referral Partners in promoting NRI services globally with very attractive terms.
Following are the requirements for someone to become a Referral Partner:
  1. The person should be of Indian origin, located outside India.
  2. The person has a basic understanding and background in the field of finance or taxation or accounting or legal services.
  3. The person can engage part time/fulltime in the promotion of these services in a dedicated manner.
  4. The person has relationships to roll out financial products and services to a larger section of clients beyond his immediate family.
  5. The person has a good working knowledge about computer operations and mobile applications.
To become a Referral Partner, contact us at the earliest. Ashutosh NRI Services Mobile: +91 70435 93388 Email: nris2@ashutoshfinserv.com Follow us using AshutoshFinserv on: FACEBOOK, INSTAGRAM, YOUTUBE, TWITTER & LINKEDIN.
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NRI Services

Changes in Regulations for Non-Residents Under Indian Income Tax Act

 View & Download Our Presentation PDF

As we all know that the Finance Bill 2020 has been passed by the Lok Sabha on 23rd Mar, 2020, applicable for the Financial Year 2020-21 with various key amendments impacting the taxation for Non Residents in India. Please find herewith “Changes in Income Tax Act for Non Residents”. Kindly view the PDF document shared herewith to have a complete understanding of the amendments through a power point presentation prepared by us. Follow us using AshutoshFinserv on: FACEBOOK, INSTAGRAM, YOUTUBE, TWITTER & LINKEDIN.
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NRI Services

Ashutosh NRI Services

We identify our NRI division as a one stop destination for NRI related Financial, Investment and Taxation services. NRIs comprise a substantial portion of our current client base. Our continuous endeavor is to provide quality services to our valuable clients. We offer a whole spectrum of NRI related services to our clients spread across the globe. We extend our services from handling NRI investment related queries, to providing excellent solutions to NRIs regarding setting up business in India, to NRI Banking Solutions, to assisting returning and emigrating Indians. Our NRI Consultancy Services, which involves all the above aspects and solves many more issues interfacing with Indian and Foreign Taxation Laws. We have credible experience of providing multitude of services to a diverse clientele profiles. We always strive to provide value added services to our clients through strong customer relationship management. We Serve…..
  • Emigrating Indians/New NRIs
  • NRIs who intend to remit funds from India to Abroad or vice versa
  • NRIs who have/intend to have investments in India
  • NRIs who inherit assets in India
  • NRIs who have/intend to set up a business in India
  • Returning NRI
  • NRIs who are subject to report under Foreign Taxation Laws

Emigrating Indians / New NRIs:

India has one of the world’s most diverse and complex migration history. In the present globalized world, migration of people from one country to another, for employment has become a common phenomenon. Emigration to the different countries has been most manifest in the growth of trade and financial flows of India. An emigrating Indians/New NRIs are crucial to the Indian economic development. We help them in the following matters:
  • Facilitate repatriation of sale proceeds and income of assets held in India
  • Determination of residential status in India
  • Plan for NRIs tax liability in India
  • Appplication for obtaining PAN number and filing of Income Tax return in India
  • Opening up various bank accounts and compliances thereof
  • Opening a Portfolio Investment Scheme account in respect of Stock Market transactions
  • Monitor, record and report about his/her investments in India
  • Facilitating execution of Power of Attorney

NRIs who Intend to remit funds from India to Abroad or vice versa:-

The Indian foreign exchange market has operated in a liberalized environment for more than a decade. Nobody can doubt the contribution of foreign exchange remittance in the economic development of India. We facilitate our clients to conduct hassle free remittance transactions as follows:
  • Opening of various bank accounts in India namely ‘Rupee Accounts’ like NRE A/c, NRO A/c and ‘Forex Accounts’ like FCNR A/c and RFC A/c
  • Issuance of CA Certificates like 15CA and 15CB
  • Monitoring of your bank accounts with regards to various compliances and also effective tax planning for credited amounts
  • Repatriation of sale proceeds of residential and immovable property in India, current income repatriation like interest, dividend, pension, rent etc.

NRIs who have/intend to have investments in India:

Investing in India, when living abroad, has always been the safe route to ensure good financial gains and securing future-return plans to the country. We can provide you the needed advisory and assistance in taking the best decision for your real estate properties and investments which will definitely form a larger part of the portfolio of assets. We assist our clients to invest in a very efficient and effective way as follows:
  • Suggesting balanced allocation between Fixed Income investments, Equity based investments and Real Estate properties
  • Recommending best investment option in light of Indian laws
  • Advising allocation of investments in the most convenient routes such as Mutual Funds, Govt. Risk-free bonds, Securities, Fixed Deposits and Quality Real Estate projects
  • Suggesting various reinvestment options to minimize Capital gain tax
  • Monitor, record and periodically report on such investments
  • Facilitate repatriation of income from investments and rent
  • Facilitate liquidation/lease of property
  • Facilitate repatriation of sale proceeds
  • Complete banking and other regulatory formalities

NRIs who inherit assets in India:

NRIs inherit property from their parents or someone else, have manifold implication of legal issues. At the same time that can be avoided by well thought plan in regard of the property. We can manage these issues well by considering every aspect of the matter as follows:
  • Drafting and registration of a WILL
  • Representing before tax authorities on behalf of the assesse if required
  • Handling of issues relating to inheritance, a succession certificate, mutation of records etc.
  • Facilitating repatriate the sale proceeds of the property or manage the same in most tax efficient manner.

NRIs who have/intend to set up a business in India:

The Indian government has played a responsible role in addressing the financial investment needs of its cash-rich, non-resident diaspora. Adopting a multi-level approach, the government has tried to ensure holistic investment opportunities for the wide-spectrum of foreign investor profiles. Recently India has become the land of opportunity for many NRIs, to invest under “Make in India” and other investor friendlyschemes. Setting up business in India by NRIs attract various legal compliances. We enable him/her to do so by providing the following services:
  • Arrange finance for the project by preparing a detailed project report and liaison with banks/ financial institutions and joint venture partners
  • Tax planning via different forms of entities like Trusts, Companies, Firms, etc.
  • Develop an entry strategy and a financial model
  • Evaluate potential partners by carry out financial due diligence reviews
  • Advising on appropriate compliance for complete set of regulatory approvals
  • Provide insight about various Foreign Direct Investment Schemes and benefits under the same
  • Facilitate liquidation/lease of property
  • Determine the form of entity and process related to incorporation of the same

Returning NRIs:

Returning to India for good is a big decision and involves various aspects to be considered in order to re-establish settlement in India without omitting any legal compliance. When relocating to India, the following aspects must be taken care of:
  • Taxability of Income earned in and outside of India in respect to the Indian Income Tax Act, 1961
  • Interpretation of DTAA with a view to reduce tax liability
  • Reorganize your asset portfolio in India/outside India with professional assistance to ensure minimum tax liability
  • Planning the date and month of return to India to reduce tax liability
  • Residential status under different laws
  • Compliances with respect to the ‘Income-Tax Act, 1961’ and filing of Indian Income Tax Return
  • Re-designation of all Indian bank accounts as Resident accounts and taxability thereof
  • Opening and complying with respect to ‘Resident foreign currency’ (RFC) account
 

NRIs who are subject to report under Foreign Taxation Laws:

NRIs are subject to the tax laws of different countries or the international aspects of an individual country’s tax laws as the case may be. Governments usually limit the scope of taxation of income in some manner territorially or provide for offsets of taxation relating to extraterritorial income. Each country has separate laws in respect to levy tax on the taxpayers. Because of varying nature of laws in different countries NRIs have to disclose certain assets and investment made overseas. We assist in the following manner:-
  • Provide understanding of various Foreign Taxation Laws
  • FATCA and CRS reporting requirement and processes related to it
  • FBAR reporting and implications of it
  • Declaration under PFIC reporting
  • Helping to opt under various Voluntary Disclosure Schemes
  • Planning of various investments across the globe in a tax effective manner
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