NRI Services

NRI Services

We at Wizkid provide consultancy, execution and management services to our NRI investor clients with special attention to the administrative and legal obligations they are required to be met.

This is specifically related to our following services:

  • Regulations as to operating bank accounts, repatriation of Income earned in India and special RBI schemes for returning NRI's.
  • Regulation as to investments in shares and debentures, mutual funds, government securities and bank deposits and its taxation.
  • Procedure for purchase and sale of immovable properties in India and renting them out along with remittance of sale proceeds to foreign countries.
  • Procedure to file the Return of income and obtain tax exemption certificate and Permanent Account Number.
  • Replies to any queries on Indian Taxation, Foreign Exchange Management Act (FEMA) and Reserve Bank of India procedures and approvals.
  • Repatriation of funds abroad for disposal of assets/income after obtaining necessary permissions and approvals.