Ostroff, Fair and Company
*Ostroff, Fair and Company>>>India Taxes

I am an NRI based in UAE keen on hard earned money in India, what is the best log term investment option avbl?


Though my intrest is in safe and reliable options but I am willing to invest into Real Estate as well. I would like to know about Tax Repercussion if I invest big amounts into bonds and bank FDR's

The best option for you to invest in Real Estate because the price is appreciating very fast throughout the country.
Remember , If ou keep the money in FDR or Bond in India, it will be taxable because it is deemed received in India. So whatever you want to save, you should consult with your bank to invest under Non Resident account only to make the income tax free in India.
You may also consider the option of keeping money in Banks abroad where interest is higher. But still I think best option is REAL Estate in India .
There are lots of tax deduction on the capital gain earned on sale of the flat or land.
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