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NRI Forum

NRI PROBLEMS
NRI PROBLEMS
NRI problems
NRI problems
NRI problems
My friends in India tell me that a few foreign universities want to set up their campus in India.
NRI PROBLEMS
When I was in India recently, I wanted to buy a residential house. The builder wanted me to execute a tripartite agreement with a bank whereby the loan would be sanctioned in my favour but the money would be given directly to the builder for construction.
NRI problems
As I want to start a retail shop when I return to India shortly, I have acquired a tenancy right in a commercial complex in Chennai which will be used for my retail business. I have paid a lumpsum premium and I will also be liable to pay monthly rent. Would depreciation be allowable on the lumpsum premium paid by me in respect of such tenancy right? - P Muthuswamy, Doha
NRI problems
NRI PROBLEMS
I am setting up an industrial undertaking in a backward district which is covered by the tax holiday provisions under the income-tax law.
My brother who is with me in the Gulf was working in India.
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