The biggest worry of the non-resident Indian is whether they have to pay tax or not. The other big worry is whether they have investment opportunities in India or not. The way out is to check with and use one of the tax consultancy services. They will also tell you the best investment opportunities in India for NRIs.
People who pay tax
Use a leading NRI Investment Advisory from India to make sure that you are on the right side of the law when you make the investment. The Resident Indian and the Ordinarily Resident Indian has to pay tax on Indian income and foreign income. The Non-Resident Indian needs to pay tax only on Indian income.
The tax consultants provide various services that include Accountancy Services and Management Consultancy. You can also get advice on Joint Ventures. Their Accountancy Services include Accounting for Municipal Bodies. This service is available for both Resident and NRIs.
Make an investment
The NRI Investment Consultant can show you the best places to invest. They are in touch with the financial sector and so they know the market movements. The best two places to invest are the real estate that is booming all the time and the equity share market. Other than this, there is the Mutual funds market where one could make a lesser profit but is more prone to losses. So, if you choose a mutual funds option, you must make sure you have chosen the right one always.
The stock market investment is prone to market movement and so what is popular today may not have as many returns tomorrow. The movement of the market remains dominated by the decision of the government and the financial institutions. One has to be wary of the political situation at all times. Compared to equity, mutual funds are a much surer bet. If you choose a reliable funds manager to build and maintain your portfolio, then you are sure to make huge profits.
Real estate is best
The realistic choice for the NRI investors is in the real estate market. This is continuously evolving and the good NRI Investment Consultant provider will have contacts with the real estate agents who provide results. You can get tax benefits by investing in the right places. For this, you need to consult the tax service providers. There is a time to invest and they will tell you when to invest. This increases your money in a short time. These accountancy firms will represent you in front of government authorities such as the Assessing Officer. They represent you in front of Tribunal authorities. You get help with the filing of tax returns and getting a permanent account number.
To know the exact time to invest and the way to manage your portfolio of stocks, check the NRI Investment Advisory service providers. They have years of experience in making the right investments and so they will give you the best advice.
You can discuss the various aspects of your tax planning with them. By making the proper investment you can save money and make profits on your investment.