NRI Stories

15 Year Investment Reveals Bitter Reality for NRI

Hyderabad Flat vs. S&P 500: 15-Year Investment Reveals Bitter Reality – NRI Money Clinic

A Reddit post on r/rupeesstories by a 47 old NRI investor (Software Programmer by profession) residing in USA since 2006, has triggered widespread discussion in personal finance circles, highlighting the underperformance of Indian real estate when measured against global benchmarks like the S&P 500. The now-viral post, titled “15 Years, ₹64L in a Hyderabad Flat, $8.5K Profit: Missed $210K vs. SPY”, sheds light on the real-world returns from a Hyderabad property and the missed opportunities in global equity markets.

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NRI Investor Wins ₹1.35 Crore Mutual Fund Tax Battle

NRI Investor Wins ₹1.35 Crore Mutual Fund Tax Battle — Here’s What It Means for You

In a significant move that could affect thousands of Non-Resident Indians (NRIs), the Income Tax Appellate Tribunal (ITAT) in Mumbai has ruled that certain mutual fund gains made by NRIs are not taxable in India — thanks to the provisions of the Double Taxation Avoidance Agreement (DTAA).

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