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Recently there has been a major shift in Indian fiscal system. Several elements in the global fiscal changes are affecting Indian economy to a great extent. Recession has a great role to play here and it has enhanced the scope for India to help the east gather the necessary experience. Now recession has moved to the west and the Indian finance is having a good come back home. However, the Indian economy is changing façade quite quickly and true investment opportunities are giving Indian financial scenario a stable ground. Investments are huge when the NRIs are returning to the country. They return with a favorable amount of foreign capital and the intent to start something new in India. People are selling their oversea assets and they are trying to return with proper investment ideas. They have the mind to alter the face of Indian economy. To do this enough capital is not the only catalyst; you must have a good plan towards financial expansion. After recession when Indian commerce was striving to survive, the investors took matters in hand and they tried to return with good hopes for their native land. The kinds of investments in India are always controlled by the Indian exchange control laws. Making an investment is not an easy thing to do. All contributions are largely influenced by the Foreign Exchange Management Act (FEMA). However, Reserve Bank of India remains as the authoritative head. The FEMA is the tried best in managing all aspects like bank deposits, foreign exchange, shares, securities, government bonds and direct foreign investments. The network is ever expanding and whenever there is a change, a global notification is issued for the benefit of all people. Regarding matters related to investment opportunities the FEMA will not permit investors to enter all genres. Moreover, the residential status of an investor depends on several things. His retention would be judged based on his intention. How much he wants to get attached to India is a major deciding factor. For a foreign investor to start business in India, his number of residing days in India comes within the count. To be considered as a worthy investor he must have a recent threshold of 182 days. This makes him eligible to invest in Indian economy at large. Investing in a foreign land is more flexible when compared to the Indian structure. In India things are bit rigid. There is lack of flexibility in matters of international transactions in India. However, the non-resident Indians enjoy certain advantages in this case. If you are returning to India permanently you can still retain your property which you own aboard. The property can be your legally earned asset or you can even inherit the property from someone who stays abroad. In both cases you can still enjoy your possessions. The returning Indians have to do two more things. A person coming back to his native land can still hold on to his overseas bank account but for this the person must acquire RBI’s permission. After you settle down in India and acquire the status of a resident it is important that you re-designate your bank account. You have to make the process happen through a proper application. The banker would only ask for a proof to show that you are currently employed in India. In fact, investment opportunities in case of the non resident Indians are surely endless. About the Author: Harjeet is an Indian - born mass-market novelist, who covers the world internet related topics . He writes columns and articles for various websites and internet journals in the domain of Investments.
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Investment Opportunities, Indian economy, business investment opportunities, investing in India, Investment Opportunities in India, Investment Sectors,
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