I am an NRI from India and am currently based in US. I want to give a Power of Attorney to my father to purchase property on my behalf. Could you please let me know the procedure on how to do it.
I am a Muslim based in Mumbai and in need of Housing Loan not involving interest. I need to know contact no. and address in Mumbai or anywhere in India of some firms which give housing loans on Islamic principle for property in Mumbai
i had purchased software from a singapore based company. now i have to make advance payment to them for maintaience charges.i am confused abount the nature of payment, whether the above payment is treated as profesional income or incoem from property for that comapny.what will be the tax rate for TDS
I am a tax consultant and I meet every day some customers. Some body given their pan numbers with out the pan card Xerox. Then how to know this pan is correct are not. Any opportunity in the web site, because I am already verify the income tax website their one option is there it is not suitable to us.
Please advice to us verifies the client details based on the pan no.
I am going to take pension plan from LIC. But confused which pension plan to take. Please suggest a good one based on my requirements below.
My age is 29 years. I would like to get pension from 50 years or at the worse 55 years. I would like to get pension on monthly basis rather than getting in lump sum amount. And anything between 30k to 50k rupees per month I would prefer to get as pension. I can pay premium either yearly or monthly but I prefer paying monthly. Anything between 8k to 12k per month I can pay. So please suggest the best pension plan from LIC. And will I get the same amount of pension throughout my life? (like constant 40k throughout my life?)
I went to LIC premium calculator page for New Jeevan Suraksha-I and entered the details as follows,
Deferement period: 20
Notional cash option: Rs. 30,00,000
Premium in Rs. Monthly : 10,419.00
So in this, after 20 years of premium payment I can get lump sum of Rs. 30,00,000 ?
If I choose monthly option, how much will I get for lifelong ?
Suppose in between say after 10 years I am not able to pay for few months due to financial problems, will I loose the plan or I can still continue it? Please explain this.
Thanks in advance.
and what are the future expectation of Mutual funds in India????
Which one is safer, which gives better returns ? All informations will be appreciated.
I am going to be a US based NRI very soon. I have some mutual fund investments in India which includes investments in US based fund houses like HSBC,Fidelity and Templeton.My question is:
Am I allowed to hold onto these funds after I become an NRI or do I have to redeem the units?Thanks.
As a long term, small investor which one should I opt for and why ?
So that makes investing in NFOs better than investing in existing MFs? At least in terms of dividend.