Mutual Fund Life Insurance General Insurance Shares Commodities Real Estate Loan
More NRIs may fall under the tax net if the Direct Taxes Code (DTC) Bill proposal to impose a levy on their global income if they stay in India for more than 60 days in a year is approved by Parliament.
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In addition, the DTC has also removed the 'Resident Not Ordinarily Resident (RNOR)' category to simplify the tax laws. Now, there will be only two categories, 'Resident' and 'Non-Resident’
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Rupee seesaws on choppy shares
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Japan leads Asia stocks down; U.S. dollar steady
 
Non-Resident Ordinary (NRO) Account
Non-Resident External (NRE) Account
Foreign Currency Non Resident (FCNR) Account.
The NRO / NRE accounts are maintained in rupees and the funds remitted will thus be converted into India rupees at the spot exchange rate.
For FCNR, the deposit can be maintained in the currency of your choice i.e. USD, GBP, EUR, AUD and CAD.
 
Real Estate Planning
 
With strong corporate performance, high income rate, reasonable loan rate, viable firm economy, flourishing IT industry and flexible foreign direct investment policies, today India is an ideal investment location not only for Indians but for millions of Nonresident Indians as well. The steady growth of Indian economy has invoked number of NRIs to invest in their native place.
Because of the emergence of India as a premier global player, all sections of real estate have been experiencing tremendous development in all major Indian cities. Majority of NRIs, especially those who are planning to migrate back to India, are taking keen interest in the property investment. For all these non resident Indians, S M Financial and Management Services are proving to be great support.
We, at S M Financial and Management Services, take pleasure in always providing professional & personalized service to clients as our aim is to help you in deciding your due-diligence.
S M Financial and Management Services has a dynamic team of experienced professionals who are here to serve you, whenever you are looking to buy a Residential property. The core aim of S M Financial and Management Services has always been to conduct real estate transactions in such a way as to develop long term relationships to the benefit of all concerned.
We are well-established commercial real estate agents who provide their clients suitable properties for residential space. S M Financial and Management Services understand the customer’s requirements and serves with state of the art quality and assurance in every job. The organization has achieved a distinct reputation in the field of real estate across the nation by following a policy of "Clients' First".
 
 
 
Investment Opportunities:
Real Estate: Primary and Secondary Market
Share and Debentures: Primary and Secondary Mkt
Mutual Funds
Derivative Contracts
Commercial Papers
Government Dated Securities, T-bills etc
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