NRI Corner
India has turned into a splendid investment destination for Non Resident Indians and persons of Indian origin. A growing & robust economy, a strong Rupee and profitable companies have together ensured that investors get maximum returns from both equity and debt markets. A highly transparent and automated stock exchange and a resonant mutual fund industry have ensured that investments are liquid and transparent. Taking advantage of this environment and our proven experience in the market.
We offer the entire gamut of financial planning and advisory services to NRIs and also provide additional services such as tax filing in India.
Based on the residential status of a tax payer and the place where the income is earned, the income that is included in the total income is as under:
Resident:
All incomes whether earned in India or outside India
Not Ordinarily Resident:
All incomes:
Earned in India, and
All incomes earned outside India if the same is derived from a business which is controlled in India or from a profession which is set up in India.
Non Resident:
All incomes earned in India
Double Taxation Avoidance:
Since a resident is liable to pay tax in India on his ‘total world income’, it is possible that he may have to pay tax on his foreign income in that country also. To avoid such a situation the Government of India has entered into agreements for avoidance of ‘double taxation’ with different countries.
Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
AMFI Registered Mutual Fund Distributor | ARN- 107329 | Date of initial Registration: 16-12-2015 | Current validity: 15-12-2027
Grievance Officer: Bharti Patel | 98983 85950 | hello@oxyzenfin.com