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Month: December 2015

How to Obtain Birth Certificate Online in India

How to Obtain Birth Certificate Online in India

NRI birth certificate can be easily attainable. It is a legal proof of a person’s nationality and acts as a proof of identity. The migrants can take advantage of the online services and visit to the state’s web portals that are meant to serve birth certificate service. Alternatively, the applicant parents can directly access to hospital authority or MCD office as well to procure it. The mentioned below websites are of four major metropolitan cities of India from where online form of birth certificate is available. An affidavit form can also be downloaded from there. After filling the asked details including name, parents’ name, address and date of birth of the child. These kind of services are provided by several volunteer websites, like S2NRI, to serve flawless NRI birth certificate. Subsequently, duly attested copies of birth proof, affidavit and photocopy of the ration card are to be verified with the police. Then, these documents are to be submitted in the MCD office after paying minimal fee. Since it is a government procedure, it can take 7 days to 21 days for its final delivery.

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Top 5 Property Investment Tips for NRIs

Top 5 Property Investment Tips for NRIs

According to the IMF (International Monetary Fund), India is 12th largest economy in the world and it is expected to be at 4th position by 2012. Although, the high inflammation rate still remains a concern in India but the economy is growing exponentially from past few years and will continue to do so.

India is also the 3rd largest economy in terms of PPP i.e. Purchase power parity, according to the World Bank. The 2011 survey put India at 3rd after US and China compared to 10th position in 2005. So, it’s visible from the stats as well that Indian economy is on the rise and high.

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NRI Property Management Tips to Escape FATCA

NRI Property Management Tips to Escape FATCA

FATCA Legislation

These days, most of the non-residents of India (NRIs) in the US are countering discomfort. India and the US governments have signed a deal under the banner ‘FATCA’ which is the US’ Foreign Account Tax Compliance Act. Since I have been living in America for half a decade I am very much aware of this act. It is ratification by the United States Department of Treasury and the US internal Revenue Service (IRS) that observes and takes action against the tax invasion in the US.

This act will cross examine if the NRIs as well as the US natives (in India) are paying tax on income generated from the wealth abroad or not.

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NRIs Property Management for Tenant’s Vacating Inspection

NRIs Property Management for Tenant’s Vacating Inspection

NRIs can get rid of hassles in claiming compensation amount for any wear and tear to their property management. Vacating inspection of NRI property can be pivotal for doing property management. First, there should be rental agreement between the NRI landlord and his tenant. It can make the eviction of tenant hassle free. The landlord should do this practice through jurisdiction. He should deliver a notice to his tenants two weeks prior to the maturity of his rental agreement. A reminder should also be sent 48 hours before the vacating inspection. Inform him that the renewal of the rental agreement will be ceased permanently. Ask him to clear his all dues and utility bills. Be sure that the tenant must be present when you are doing so. Note down all the wears and tears and ask him to pay if you are conscious to do property management for elongating its life. If he is unable to bear that expense, you can deduct that amount of damage through security deposit. You ought to return rest of the deposited amount to him later. You won’t be able to claim the damage amount afterwards.

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