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Sell Property with Aadhar Card being required

Smiley: Great link .. Thanks
MITRON: LINK
Many: 20% plus some small cess.
Smiley: Do you know what the TDS rate is for an NRI ?
Many: It helps to have a real-estate agent to execute a sell-buy transaction. He takes care of all required formalities for a consideration of course(commission). Yes there is TDS for an NRI (Mumbai experience)
Smiley: Thanks for your Info I need to sell and not buy ...
Full House: Here is what I heard today. So, please verify the same as soon as you can. Reason is.: That the Real estate Transaction is an illquid asset with low yields and high cost of sales transaction. It is not so easy to find a buyer.


RRSP after returning to India

Full House: It is always a privilege to be of service to you. Hope it helps you a little bit. Now taking into account that the interest that you pay there for Principal borrowed, you will do better by just taking
goingbacksoon: I am a Canadian with OCI status. I will be leaving for good in a few years. I will be returning in my 40s so I assume the age related deductions you referred to won't apply. I expect I will need to withdraw my RRSP amount (could be close to 75K) within an year of arrival to buy a property.
Full House: I know that you are an NRI. Are you a Canadian Citizen with an OCI Card? Are you leaving Canada for Good or just moving out for Six/Seven months of the year like the SNOWBIRDS do. Knowing that you are
goingbacksoon: Thanks for your advice. I also looked at the avenue of finding an accountant, who deals with such things but an hour of google search didn't lead me anywhere. I think it confirms your statement that it


All we need to know about NRE / NRO Account

Full House: We all get hammered now and then..: Here is a Bolt from the Blue (Or is it from the Blacks?) "LONG TERM CAPITAL GAINS EXCEEDING RS 1 LAKH WILL BE TAXED AT 10% WITHOUT INDEXING " Read more
ChandraGupt: LINK in my case I have few Fixed Deposits(in rupees) & planning to sell my Mutual funds in India(in rupees) so can't convert ordinary account to NRE , only option is
MITRON: If you are sending money from Canada to India in CAD $ i.e foreign exchange coming in from abroad, NRE is better. On NRE there No tax, No TDS, No need to file a return to get TDS back with Indian IT,
ChandraGupt: I think NRO account is better for OCI card holders like me (as per my situations)..


AdharCARD - OCI- MutualFund in INDIA

ChandraGupt: those OCI card holders without AdharCard still have Mutual funds in india-its time to sell MF as 31st march2018 is last date to link adhar & save Capital gain tax LINK क्या
MITRON: Its just an automated email, which they keep sending, so ignore it.
ChandraGupt: CAMS- Mutual Funds service-keep sending such emails to all customers-I received 4th time I guess. - Dear Investor, As per Prevention of Money-Laundering (Maintenance of Records) Second Amendment
Full House: Quoting of Aadhaar is now mandatory for performing many important tasks. *"Are you aware that you can also receive a copy of your Aadhaar card in digital form?" You can use the digital Aadhaar

   

Latest Replies


Ferderal Budget - Tuesday, Februray 27 - 2018

MITRON: Budget on Tuesday - February 27 NETFILE is now open - Monday - February 26, if you want to file your Canadian taxes online - CRA.
nari: I agree with Mitron It definitely does make sense to use free tax software for people who are working & receive T4's as most of the tax credit like transit tax credit, fitness arts tax credits etc are eliminated. As with Federal Budget i think it's always the fixed median income earners that gets squeezed.
MITRON: BTW, NETFILE for CRA - Canadian taxes opens on Monday , Feb 26-2018. In case you want to file your 2017 taxes, if all your T4 slips, T5 slips are here. Lot of FREE software available so no need to pay anyone or buy a software to do your taxes.
MITRON: So the Liberals will come out with the Federal budget on this coming Tuesday, Feb 27 Lets see what Justin has in store for us. More taxes ? Less Taxes ? More Immigrant friendly budget or less ? Usually Liberals are pro immigrant, its a huge Vote bank for them especially in GTA & GVR. Conservatives are red neck racist Harper type morons.


My experience moving back to India

MITRON: Gujarat might be an exception due to Feku. But the rest of the cities and states have a long long way to go, when it comes to the condition of government hospitals & government schools. People from good families don't want to go to gov. hospitals or send their kids to gov. schools, the standards are very low.
zindabad: Last month my wife's maternal uncle was operated in ahmedabad civil hospital for heart vein blockage on nominal charge under " Amrutam " yojana . His experience was good . offcourse indian government hospital services won't be same as here . I would keep 1 million Rs saved for any unexpected medical emergancy .
MITRON: Nope won't happen in the next 5 years. Only poor people will get it. But have you seen the horrible & miserable conditions of the government hospitals in India ? You won't even go there for FREE ! Only slum dwellers will go any where close to it.
zindabad: There is no life in Metro so I won't prefer to live in Metro . Now a days in Tier-3 cities you can enjoy most of the things which you wish to have it in Metro . Cities I would prefer like Nasik ( best weather ) , Vadodara , Indore , Jaipur , Udaipur ( clean and beautiful city , even westerners are buying property in this city to live retired life ) .


Sridevi passes away - Only 54 - Shocked !

MITRON: :(
MITRON: First female superstar of India. She ruled the 1990's along with Madhuri Dixit. Died in Dubai at the age of 54 of Heart Attack.


Need a reference for a good plumber

MITRON: Desi or Gora ??
hem_13: Don't know if handyman (cheaper with labour and can do many plumbing works in reach) can help? Can provide you the reference if needed. PM me ...
gopalpai: 416-249-7750
chinubabu: Hi... I need a good plumber immediately. Our powder room is leaking. I called 3-4 plumbers till now, but nobody seems to be professional. Nobody turned up on the said date. I fear calling up anyone without any reference. So please guys, if you know someone good at this provide the contact details. Thanks!


London Friends

MITRON: London, ON is a ghetto place. More than 80 % are White. Lot of White trash there, mostly on Welfare & ODSP. Poverty & Crime is rampant in this area. And only 2 % are brown. As a DESI you will have a horrible time there:cry:
Full House: I have pretty good knowledge of this city and the areas around this. But I don't live there. You must have wheels, so getting to work will not be a difficult process. They do have buses too. Depending upon what grade the child will be entering into, punch in the city which is LONDON, in your case, and come up with all of the RATINGS.
nishant3112: Thanks a lot Full House. Are you located in London, ON? Any more of my friends who can input any suggestions?
Full House: First, Please find a very nice school, suitable for their GRADES that they want to enter into. Then look for a place to reside close by. (The catchment area.) That is the way to go. You will always get good rental apartments/condos there in London Ont. Hope this helps. FH. Please click on SCHOOLS in LONDON ONTARIO.

Newest Posts


Getting married on tourist visa with an international Student

ritesharma2001: Hello, My girlfriend is studying in Vancouver and I am going to visit her on a tourist visa. I would like to know if we get married in Vancouver do I get the open work permit? If Yes then how much time it takes? It will be very helpful if anyone can help us out here! thank you,


ExpressEntryNEW. EDIT 6+*

Full House: Are you the lucky one !! Immigration, Refugees and Citizenship Canada (IRCC) has invited 2,000 candidates in the Express Entry pool to apply for Canadian permanent residence in a draw that took place the morning of Wednesday, November 8. The Comprehensive Ranking System (CRS) score of the lowest-ranked candidate issued an Invitation to Apply (ITA) was 458. This latest draw, the 77th to take place since Express Entry was first introduced in January, 2015 and the 27th so far this year, is the first draw to operate under a new procedure whereby in the event that multiple candidates have tied CRS scores, profiles are ranked according to the date and time of submission of the profiles, with profiles that have been in the pool longer being prioritized for invitation over newer profiles. This tie-break policy was first unveiled by IRCC as a possible future strategy last June.


Diamonds. E 1

Full House: I wish to compare all of the new comers into canada to a diamond in the rough. The reason being, they all have stood up and helped others in their own way and currently shine bright like a diamond. Now we enter into... The age of Prosperity. Why the Albatross .. Nothing symbolizes this pioneering spirit like that of the albatross. These birds travel very long distances around the world, undauntedly, all while maintaining a special connection to their place of birth. Their life is a journey worthy of noting and comparison. Being constantly on the move, albatrosses use their formidable wingspan to cross oceans and fly for hours without rest. When they do land, they do behave like sociable creatures that enjoy the company of others. Like all of the desi's here, Albatrosses also have to face the challenges of an itinerant lifestyle.


SAVANT.

Full House: If you can find the rebroadcast of this event, please find the same and enjoy the performance of this SAVANT.: LINK A previous Article posted here on the CD Website earlier on. LINK LINK Derek's Web site. : LINK Musical Genius. : LINK NJOY. FH. Software that can convert Keystrokes to Lead Sheets. (Sound to Score) Edit- 1 : LINK


Saudi & UAE introduce VAT

Vandematram: As usual on Modis advice both Saudi & UAE have introduced VAT which has literally made several stuff costlier. The gas has nearly doubled in price overnight. Various political outfits in Tamilnadu, Kerala, Karnataka will go on strike to protest against Hindutva Modi Government for the sudden price rise in Gulf. Parallely some others are also planning protest against Saffron-Hindutva-Ghau Rakshak -Prime Minister Modi for the price rise, unemployment in Iran also. Various Indian Media houses like NDTV, Aaj Tak, News7Tamil, Puthiya Thalaimurai to give live coverage and will discuss why Modi should be removed ASAP.




 
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