India Cross Border Resources

From Planipedia

Thanks to the Financial Planning Association for sharing their material to create this page.

Contents 1 Cross-Border Planning - Overview 2 Country Information - India 3 Social Security coverage 4 Ex-pats opinions on quality of life 5 Immigration issues 6 Cash management 7 Tax Planning 8 Investment Planning 9 Risk management 10 Retirement Planning 11 Estate Planning and Succession Taxes 12 Local Regulation 13 Referrals to Local Planners

Cross-Border Planning - Overview

Country Information - India

In an effort to provide information on financial planning issues in India, FPA volunteers have gathered the following links together to point you towards a variety of different resources.

Each link has a descriptive tag explaining what type of site the link goes to. The tags are: • GOV for government or regulatory sites • ORG for non-profit or association sites • EDU for academic or educational sites • COM for commercial sites, such as product providers

Virtually all of the links lead off of FPA's Web site.

Quality of life – local flavor and customs

• http://www.economist.com/countries/India/ (com)

Health

• http://www.healthlibrary.com/ (com)

Social Security coverage

• http://www.socialsecurity.gov/policy/docs/progdesc/ssptw/2006-2007/asia/india.html (gov)

Education standards

• http://www.vidyaonline.net/ (org)
• http://www.education.nic.in/ (gov)

Ex-pats opinions on quality of life

• http://www.expatexchange.net/expat/index.cfm?frmid=227&forumid=0&dbname=ee&shared=N (com)

General Facts

• https://www.cia.gov/library/publications/the-world-factbook/geos/in.html (gov)
• http://www.peoplegoingglobal.com/Asia/India.htm (com)

Immigration issues

Legal Residency

• http://iic.nic.in/iic5_b05.htm (gov)
• http://www.helplinelaw.com/docs/main.php3?id=GCON1 (com)

Visas and Immigration Requirements

• http://passport.nic.in/ (gov)
• http://www.imahal.com/education/india/visa/list.htm (com)
• http://thokalath.com/tourism/visa.php (com)

Exchange Control

• http://www.rbi.org.in/ (gov)
• http://www.namasthenri.com/ (com)(/indent)

Cash management

Bank accounts

• http://www.dicgc.org.in/html/faq.htm (gov)
• http://www.namasthenri.com/excontrol/chapt14.htm (com)

Currency conversion

• http://www.rbi.org.in/ (gov)
• http://www.x-rates.com/calculator.html (com)

Education costs

• http://www.imahal.com/education/india/aid/list.htm (com)
• http://www.education.nic.in/ (gov)

Cost of living analysis

• http://mospi.nic.in/cso.htm (gov)
• http://www.homefair.com/homefair/servlet/ActionServlet?pid=500&homefair&to=ActionServlet?pid=244&cid=homefair&pagename=199&internal=T (com)
• http://www.imercer.com/default.aspx?page=surveydetail&surveyid=2454&newRegionId=1 (com)

Housing issues

• http://www.hudco.org/index.htm (gov)
• http://hindustan.net/Industries_Construction/Housing_Realestate/ (com)

Tax Planning

Determining liability for income and gains taxes

• http://www1.iinvestor.com/scripts/Calculators/_ITaxDetails.asp (com)
• http://finance.indiamart.com/taxation/capitalgains.html (com)
• http://www.incometaxindia.gov.in/ (gov)

Customs tax and Duty Free Information

• http://iic.nic.in/iic3_k.htm (gov)

Tax return

• http://www1.iinvestor.com/scripts/TAX002C1.asp?type=sal5 (com)

Foreign Tax Credit arrangements

• http://www.incometaxindia.gov.in/international.asp (gov)

Local taxation of non-local pensions and investments

• http://www.indiainfoline.com/ (com)

Investment Planning

Asset Allocation Viewed Globally

• http://www.crisil.com/ (com)
• http://www.indiainfoline.com/ (com)
• http://www.mutualfundsindia.com/ (com)
• http://www.myiris.com/ (com)
• http://www.valuenotes.com/ (com)

Risk management

Liability Insurance

• http://in.insurance.yahoo.com/nonlifepolicies/directors.html (com)

Health Insurance

• http://www.insurancemust.com/cgi-bin/display.pl?filename=basics_medi&uid=4652585.18 (com)

Property Insurance

• http://www.insurancemust.com/cgi-bin/display.pl?filename=basics_compact&uid=4652585.18 (com)
• http://www.insurancemust.com/cgi-bin/display.pl?filename=basics_house&uid=4652585.18 (com)
• http://www.hsbc.co.in/1/2/personal/insurance (com)

List and Contacts of Insurers

• http://www.irdaindia.org/ (org)

Retirement Planning

Local pension Design and Tax Structure on Encashment

• http://www.indialabourstat.com/India/ShowData.asp?secid=232&ptid=380987&level=1 (gov)
• http://www.globalaging.org/pension/world/india.htm (org)
• http://pib.nic.in/feature/feyr2001/fjul2001/f020720011.html (gov)

Social Security Agreements between Countries

• http://www.ssa.gov/pubs/10137.html#when (gov)

Estate Planning and Succession Taxes

Taxation of Trusts and Estates

• http://www.asiatradehub.com/india/tr19.asp (gov)

Local Regulation

• http://www.amfiindia.com/ (com)
• http://www.rbi.org.in/ (gov)
• http://www.sebi.gov.in/ (gov)
• http://dca.nic.in/ (gov)
• http://finmin.nic.in/index.html (gov)
• http://www.irdaonline.org/ (org)

Referrals to Local Planners

• http://www.fpsbindia.org/ (org)