1) if NRI from USA (Houston) invest in India in Direct Equity/ Mutual funds / FDR or corporate Bonds .Is he liable to declare & pay tax in USA?. And what rate?
2) if he invest in property or real estate . will he be liable to pay tax & @ what rate?
3) what if he give gift to his own brother or father & they invest on his behalf & they pay back to him along with capital gain? Tax applicable?? & On what amount & rate?
4)pls share any investment avenue which is tax free or tax efficient to NRI from USA.
CAclubindia
