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The Jeevan Pramaan platform allows pensioners to submit Digital Life Certificates online, but NRIs reportedly face challenges like lack of Aadhaar-linked Indian mobile numbers and difficulties with digital services, prompting many to submit offline.
NRIs cannot make fresh investments in Sovereign Gold Bonds but can continue holding SGBs bought while they were residents. They can invest in physical gold, gold mutual funds, e-gold and Gold ETFs, subject to applicable rules.
A single estate may be subject to different legal regimes, resulting in succession complexities.
From October 1, 2026, resident individuals and HUFs buying property from NRIs can use their PAN to deposit TDS instead of obtaining a TAN. Until September 30, buyers must follow the existing TAN-based process, while TDS remains applicable from the first rupee.
SEBI's proposed digital KYC and onboarding process aims to ease investment for retail NRIs by removing the requirement for physical presence in India.
Under the arrangement, Axis Bank will issue standby letters of credit to support financing provided by Citigroup through its offshore operations
NRIs should compare currency, cost, risk, tax treatment and the payout mechanism before choosing between Indian and GIFT City products.
Resident accounts are designed for individuals residing in India. While NRIs and PIOs are barred from holding them, Overseas Citizens of India may do so under specific regulatory circumstances

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