NRIs Ready Reckoner

​The book "Snowwhite's NRI Ready Reckoner" by D.T. Khilnani is a comprehensive guide tailored for Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs). The book is based on FEMA 1999, FEMA rules by Government of India, FEMA notifications and circulars issued by Reserve Bank of India.This edition provides updated information reflecting the latest amendments introduced by the Finance Act, 2025.

Key Features:

• NRI & FEMA, 1999
• Foreign Exchange Transactions concerned with NRIS
• Bank Accounts for Non-Residents
• Interest Rates on deposits of Non-Residents. Acceptance of deposits by an Indian company from NRIS/OCIS
• Foreign Investments in India
• Entry routes and Permitted Investments and Sectoral caps
• Purchase/Sale of equity instruments of an Indian company by a person resident outside India
• Investments by Non-Resident Indian (NRI) or Overseas Citizen of India (OCI) on Repatriation basis and Non-Repatriation basis
• Transfer of equity instruments
• Pricing guidelines - Equity instruments issued by an Indian Company
• Repatriation of Dividend, Reporting and Penalties
• Acquisition and transfer of immovable property in India
• Borrowings-Loans, Overdrafts from/to NRIs/PIOs/OCIs
• Remittance facilities to NRIs/PIOs/OCIs
• Facilities for Non-Resident Indians returning home for permanent settlement in India
• Frequently asked questions
• Charts
• The Foreign Exchange Management Act, 2010
• The Foreign Contribution (Regulation) Act, 2010
• The Foreign Contribution (Regulations) Rules, 2011
• The Prevention of Money-Laundering Act, 2002

This book is an invaluable resource for NRIs, financial professionals, and legal practitioners seeking to navigate the evolving landscape of NRI regulations and financial practices in India.​