Why investing in India equities may be a bad idea for NRIs and how GIFT City can fix it?
New Delhi, June 19 -- For decades, NRIs have believed that investing in the India stockmarket was the natural way to participate in the country's growth story and build long-term wealth. RBI data shows that NRIs channelled nearly Rs.1.4-1.5 lakh crore (around $16 billion) into India during FY25 through various investment avenues, which include - fixed deposits, real estate and equity markets.
The sad part, however, is that the very regulatory framework through which many NRIs invest in India stock markets may be working against them
Here's a look at why traditional NRI investing structures are becoming increasingly inefficient and how GIFT City changes the equation
The reality is that many NRIs face a combination of hidden taxes, curre...
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