OIFC
The Kotak Mahindra Group has joined the Overseas Indian Facilitation Centre (OIFC) as a Strategic Partner. This alliance will give Kotak a platform to share its comprehensive range of Wealth Management Advisory and Investment offerings in form of products and...»
Risk Profiler
Estimate and understand your investment risk profile based on 11 questions to help recognize the right investment type for your profile.»
Investment Wizard
Use this simple wizard for getting started on your india investments with three easy steps.»
PAN Procedure
Every Indian citizen entering a financial transaction in India is mandatorily required to have a Permanent Account Number. It is the sole identification number for the purpose of tax payments and investments.»
PAN Application
How to Apply for an NRI PAN Card? Read Instructions to fill Form 49A, the application form for a PAN.»
Beware of AIR Reports of Taxmen
The Government of India is in a very aggressive mode as far as collecting information about large financial transactions is concerned and also about tracking tax evaders.»
Section 14A of the Income-Tax Act
Section 14A was brought onto the statute by the Finance Act, 2001 with retrospective effect from 1st April, 1962.»
Tax Alert
Foreign Companies need to procure PAN- Read Details...»
Advisor's Profile
Ameet Patel is a Chartered Accountant and a tax partner at Sudit K Parekh & Co., Chartered Accountants. Ameet is a rank holder and has secured ranks at the Inter and Final CA examinations at the all India level.»
Overdraft Facility
Overdraft limit against NRE and FCNR Deposits enhanced to Rs.100 Lakhs against the previous overdraft limit of Rs.20 Lakhs....»
Credit to NRE encashment
Proceeds of demand drafts/ banker's cheques issued against encashment of foreign currency can be credited to NRE accounts where such instrument issued is supported by an Encashment Certificate issued by AD category I/ category II (Authorised Money Changers)....»
NRO account
Remittance facility is available upto USD 1 million per financial year subject to prescribed documentation....»
