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The NRI PPF Account can Now be Continued

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On 23 February 2018, the DEA released an official memorandum dismissing the earlier notification regarding  NRI Public Provident Fund   account. Previously, on 3 October 2017, it was notified that if a resident possesses an existing PPF account, it should be deemed closed on the day the resident acquires the non-resident status. The February 2018 memo offers a temporary relief to NRI’s. The memo keeps its earlier notification in abeyance. Now if you have already invested in a PPF, you are able to continue with the same until any further notice. Read more: Long Term Capital Gain (LTCG) tax for NRIs It is a known fact that an NRI cannot invest in PPF. However, if you have already invested in a PPF, and subsequently changed to the NRI status, your account can still run until its maturity. The PPF is a 15-years long scheme and can be extended by 5-years blocks, indefinitely. However, for you, an extension is out of question unless you get the resident status back before the
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LTCG Taxation: What needs to change in my portfolio?

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The  Long Term Capital Gains (LTCG) Tax   is real. The 2018-19 Union Budget came as a blow to equity   mutual fund investors  and   stock investors   when the Finance Minister Arun Jaitley proposed to levy a tax of 10% on LTCG equity funds beyond Rs 1 Lac and on unlisted non-equity funds. It also levies a 20% (with Indexation) tax on listed non-equity mutual fund units. Before delving deeper into managing your equity portfolio and implementing tax-efficient strategies, it is imperative to learn the facts about this tax. 1.  10% tax without indexation benefit will be levied on the LTCG coming from the sale of equity mutual funds and equity, and those that have been held for over a year 2.  1 lac or less earned in LTCG in a year is tax exempt 3.  Tax is applicable only on sale of equity that happens after March 31, 2018 4.  LTCG that is accumulated till January 31, 2018 is exempt of this tax Investors in retail were active and getting comfortable with the equity market
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Godrej 7 Joka, Kolkata

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Godrej 7 Joka is the another top quality residential project by the renowned developer, Godrej Group, in Joka, Kolkata. Joka, Kolkata is a one of the best location with all required amenities available for residents. The location itself, Joka is attracting renowned developers of repute for its connectivity and availability of basic amenities necessary for any resident. This new project from godrej group in Joka, Kolkata is perfectly designed with ample percentage of greenery and required facilities like lifts, covered car parking etc. . This is an apt project for NRIs looking for a dream home in their home city. Like others this new project from godrej group also features 2 BHK to 3 BHK flats catering all requirement and budgets . PROJECT BRIEF ❖      Location –  Diamond Harbor Road, Joka (Near IIM Joka) ❖      Total Land Area –  20.23 Acres approx. ❖      Phase 1 –  10 Acres approx. ❖      Project Type –  Multistoried Residential Apartmen
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Properties in India exclusively for NRIs: Godrej Anandam

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Affordable and best residential projects all across India only in 12annas.com.  The exclusive property consultant in India only for NRIs (Non Resident Indians). The best real estate agent and Investment consultant in India only for NRIs. Experience high living in our state-of-the-art luxury apartments housed in Nagpur’s tallest towers situated in the heart of the city. Godrej Anandam sets the bar higher. Spread over a large expanse of refreshing greenery interspersed with natural water bodies, a holistic lifestyle in the centre of the city awaits you. From the opulence of marble seamlessly fused with the richness of wood, from the rich finishing on the walls to the lush landscaped gardens, from the picturesque views on the outside to the ample space inside. The city of Nagpur lies at the heart of our nation. And at the heart of this city is Godrej Anandam, an opulent township housing glorious high-rise apartments. read more: NRI property corner Easy Connectivity
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NRI Investment consultant for Properties in India: Godrej United

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12annas.com is presenting you affordable and best residential projects all across India.  The best of class property consultant in India only for NRIs (Non Resident Indians). The best real estate agent and Investment consultant in India exclusively for NRIs. Godrej United , Bengaluru , Whitefield Address: Khata No.30, Survey Number 28/2, Whitefield Main Road, Near Phoenix Market City, Hoodi, Krishnarajapuram Hobli, Mahadevapura, Bengaluru, Karnataka 560048. Project Size (Acres) : 8 , Tower Height : G+17 Current Phase : Phase I, II No of towers and Apartments/Villas Coming : 2Towers of 6 wings 1, 2, 2.5,  3,  4bhks and Pent Houses , 1 BHK(613-648), 2BHK(1338), 2.5BHK(1459-1622), 3BHK(1933-2173), 3BHK premium (2619-2762) & 4BHK(2959-2956). Basic Price : Panorama- Rs.5950/- & Vista – Rs.5800/- Ticket size (INR) : 1BHK- 45L;2 BHK to 4 BHK : 85Lacs to 2 CR+ Parking Charge -3 L read more: Exclusive properties for NRIs USP : Location(connected to ITPL) mai
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NRI Investment consultant for Properties in India: Godrej central

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Affordable and best residential projects all over India only in 12annas.com.  The best of class property consultant in India only for NRIs (Non Resident Indians). The best real estate agent and Investment consultant in India exclusively for NRIs. Godrej Central ,Chembur, Mumbai Address: Godrej Central, Santacruz – Chembur Link Rd, Shell Colony, Sahakar Nagar, Chembur East, Mumbai, Maharashtra 400071 Overview : “Godrej Central” has been thoughtfully crafted to provide you everything that is required to live a luxury & comfortable lifestyle. Modern amenities to assist you to make the most of your time. You can refresh, rejuvenate & recharge in ample green spaces. Most importantly, the central location of Godrej Central helps you reach home on time, each day. The project is in close proximity business park at Bandra-Kurla Complex and in close proximity to railway stations, highways and airports. Godrej Group enjoys excellent reputation in various industries and Godr
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NRI Investment consultant for Properties in India: Godrej prime

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Affordable and best residential projects all over India only in 12annas.com. The best of class property consultant in India only for NRIs (Non Resident Indians). The best real estate agent and Investment consultant in India exclusively for NRIs. Godrej Prime , Chembur , Mumbai Address: Ramakrishna Chemburkar Marg, Gurudwara, S V Patel Nagar, Chembur East, Mumbai, Maharashtra 400074 Godrej Properties is well known for high-quality constructions. Riding high on successful launches on previous projects is their latest venture Godrej Prime, in the upscale area of Chembur, in Mumbai. The elite peoject is located in Sahakar Nagar-2, Shell Colony of Chembur. The choicest of locations, being next to the commercial hub – the Bandra Kurla Complex, and close 3 major airports and 3 railway stations – the site is bursting with easy accessibility. No wonder that it is a super smooth ride to South Mumbai, Western side, Eastern side & Thane through Eastern Express Highway, SCLR and Ea
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