Find Answers to Common Queries About Our Articles, Guides, and Updates
A Person Who is a Citizen of India, or Whose Parents, Grandparents, or Great-grandparents Belong to Indian Origin.
To Get an OCI Card, It Will 7 to 8 Weeks to Process and to Get an OCI Card.
You Will Need Two Passport-size Photos to Fill Out the Form for an OCI Card in the USA.
Through employment-based (EB) visa, specifically the EB-5 visa you can get your Green Card quickly in the USA. In this, investors can self-sponson themselves, meaning they do not require to provide Labor certification or employment proof.
Yes, an H-1B visa holder can married in the USA if they fulfill the legal requirements of the country. However, the requirements may vary as per the state but generally it include being at least 18 years old, not related closely, and not being married to other person currently.
The 240-day rule is a provision of the immigration law of the US. It allows the H-1B visa holders to work in the country for up to 240 days after the expiration of their current H-1B visa.
After the 6-year completion of the H-1B visa, you generally need to leave the country or apply for a Green Card to continue working and live there.
Premium Processing, offered by USCIS is an expedited service for specific petitions including the I-140. It guarantees that your application process with an additional fee will be done within 15 days. So, if you want to speed up the process you can apply for it.
Yes, you can apply for a Green Card after three years of your H-1B visa. However, you need to be aware of the following things: your visa expiry date, the application process for the Green Card, maintaining lawful status, adjusting your status, and leaving the country.
Yes, investing in the National Pension Scheme is a good option for NRIs. It provides higher returns and assists them in saving some taxes which makes it the right investment plan after their retirement.
80CCD 1B is a special tax benefit offered to NRIs in India. It allows savings of up to Rs 50000 tax when contributing to the NPS for NRI.
Well, it depends on the investment goals and risk tolerance of the person. If the individual gives priority to guaranteed, low-risk returns then PPF is a good option. However, if he/she is comfortable with fluctuations in the market for higher returns, then NPS is a better choice as it provides market-linked returns with flexibility in the allocation of assets.
The NPS scheme holds drawbacks like no withdrawal till maturity, not as tax-efficient upon maturity, lock-in period, partial exemption of tax, and limited exposure of equity.
The amount you invested in buying of Annuity is free from tax. However, the annuity income that you get in the subsequent years is not tax-free. You receive tax benefits when you withdraw up to 60% of the total corpus in a lump sum.
If the corpus is less than or equal to Rs 500000 then you are allowed to do lump sum withdrawal. However, if the amount is more than Rs 500000 then 60% is paid as a lump sum, and 40% of the accumulated pension is used to buy an annuity.
Indian citizens who stay in India for less than eighty-two days in the course of the preceding financial year.
If the taxable income in India exceeds ₹15 lakhs, the provisions concerning stays exceeding 120 days will apply.
Yes, non-resident Indians (NRIs) can apply for an Aadhaar card if they have a valid Indian passport.
182 days during the financial year.
There are three main types of non-resident Indian (NRI): non-resident external (NRE), non-resident ordinary (NRO), and foreign currency non-resident (FCNR).
