Discover and read the best of Twitter Threads about #NRIs

Most recents (8)

I see a lot of people recommending Gold investing to hedge against the Equity markets. Gold again is glavour as crypto crashed. My view for #NRIs :
What is better for NRIs? #GoldETFs or just simple tax exempted #FDs in NRE bank accounts..@YESBANK proposing up to 7.5% FD interests
Being a NRI, if you really want to keep your money safe and if your earning potential is good and clear for next 10-20 years, then having a good amount in high yielding fixed deposits is not a bad idea. Of course, one should also have clear investment strategy and goals but for
me at least, Equity + FDs seems like a good and healthy mix. Equity of course includes direct stocks + MFs + Index and it can be India + US.
Equity -> For long term goals
FDs -> for short to medium term goals
Allocation depends person to person (age, risk, capital requirements)
Read 4 tweets
1/ A forward .... The Irony of the #ProudIndian #RishiSunakPM #NRIs

There is tremendous hype about Rishi Sunak being
selected as PM of Britian; which makes many Indians proud and happy
2/ However , how many of us know that Leo Varadkar, the current Prime Minister of Ireland is of Indian descent? His parents are from Vasai, near Bombay.
3/ As late as 2003, Leo completed his internship at KEM Hospital, Bombay.

His mother is an Irish lady and his father an Indian from Vasai, a suburb of Bombay, in Thane District of Maharashtra.

Leo has won a second term as PM.
Read 7 tweets
When do NRIs move to India? They have, what I call a "tipping point". Elaborated in my book (Back Home):

1. Organic tipping point
2. Event-based tipping point
3. Deadline-based tipping point
1. Organic tipping point

You think about it, and think about it, and keep thinking, researching, visiting India. It piles up on you, and you finally conclude-- enough :) Let's go
2. Event-based tipping point
This is when NRIs have Visa rejections or family-related issues where they have to return. Not much choice here
Read 5 tweets
India Inc has urged the Govt. to deploy the armed forces & central security forces to manage the logistics, infrastructure & personnel necessary to address the rising wave of COVID-19 cases, warning that the requirement for hospital beds, oxygen & medicines will continue to rise.
"At this critical juncture when toll of lives is rising, @FollowCII urges the strongest national steps including curtailing economic activity to reduce suffering," CII president Uday Kotak said, in what are the 1st remarks by an industry lobby in favour of a stringent lockdown.
Calling for the highest level response measures to the current crisis, Mr Kotak said, โ€œGiven the current pandemic situation, safeguarding lives is of utmost priority and nationwide maximal response measure at the highest level is called for to cut the transmission links...
Read 9 tweets
Excellent #Budget2021 by @narendramodi govt

16.5 lakh Cr Agri Credit allocation&Rs 1.18 lakh Cr for roads

Massive 34.5% rise Capital Spending at 5.54 lakh Cr

137% rise in Health budget

Income Tax scrutiny reduced from 6 to 3 yrs;No Double taxation of NRIs

#Growth,the focus
Hike in Insurance #FDI from 49% to 74%,pro #Reforms๐Ÿ’ช

#Dividend income invested In InvITs &REITs,tax free

No advance tax liability on Dividend income


#Disinvestment of BPCL,Pawan Hans,Air India,Concor,IDBI,Beml, Shipping Corp--BIG

64180Cr #Healthcare budget-BIG
5 Mega #Fishing harbours

7 Mega #Textile Parks

Agri Infra Fund to be available to #APMCs

Voluntary #VehicleScrapping policy

20000Cr #Recapitalisation of PSBs

#ARC to take over stressed assets

7 Port projects to be developed via PPP

18000Cr for Bus Transport
Read 9 tweets
Should #NRIs based out of Singapore and the US #invest in India now?
Should we #invest now or wait until the #USElections2020 are over?
What happens to my #portfolio if #Trump doesnโ€™t come back to power?
Read 13 tweets
๐Ÿ“ขNew Initiative!

We are thrilled to announce ๐—˜๐—บ๐—ฒ๐—ฟ๐—ด๐—ถ๐—ป๐—ด ๐—ง๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐—ถ๐—ฒ๐˜€ ๐—œ๐—ป๐—ถ๐˜๐—ถ๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ #๐—˜๐—ง๐—œ in partnership with the New Emerging & Strategic Technologies (NEST) Division of @MEAIndia and the Office of the PSA @PrinSciAdvOff

โ„น๏ธโ–ถ๏ธโ€ฆ Image
The vision of #๐—˜๐—ง๐—œ is to understand, analyse & anticipate the impact of #emerging #strategic #disruptive #futuristic & #critical technologies on #economies #social_equity #security & #international_relations

Further, identify opportunities and prepare action-oriented roadmaps Image
Participants from diverse fields including but not limited to #Technology #Innovation & #SocialSciences are encouraged to form #multidisciplinary, multi-institution teams and get involved in the #ETI

If you are interested, contact us:
Read 8 tweets
10 #GST deadlines/forms for FY20 that need to be complied with,by 31stAug 2020๐Ÿ‘‡

1)#GSTR-4:It is an annual form to be filed by composition dealers

2) ITC 03:#ITC 03 is a form that is filed in special circumstances when input tax credit that has been availed,has to be reversed
3)#ITC-04 is related to job workers &submitted by the principal every quarter;Details to be furnished in ITC-04 are

i)Goods sent to job workers

ii)Goods received back from job workers or sent out from business place of job-work

4)#GSTR-5 is submitted by taxable #NRIs

5)#GSTR-5:It is submitted by #OIDAR service providers

6)#GSTR-6:It is filed by input service distributors,within 13 days from end of month

7)#GSTR-7:It is filed by #TDS deductors&furnished within 10days after end of month in which tax has been deducted at source
Read 5 tweets

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