Investment recommendation
This query is : Resolved
30 October 2023
I have some funds in my NRE account which are currently invested in FD. These investments were tax free due to the NRE account. I came back to India a few months back and my status would now change from NRI to Resident and consecutively the investment will no longer be tax free.
What are my options where I can invest these funds where taxability is low or none.
Please give me some advice.
What are my options where I can invest these funds where taxability is low or none.
Please give me some advice.
30 October 2023
You can invest in gold bonds and real estate where the risk is less.
Invest some amount in stock market where the risk is more and tax is less (choose some PSU stocks).
Invest some amount in stock market where the risk is more and tax is less (choose some PSU stocks).
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