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hemantgangolia

1 karma · joined August 16, 2021

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hemantgangolia··on Launch HN: Inri (YC W23) – Wealthfront for Investing in India
PAN card is mandatory. Aadhaar is optional.

These funds are invested in India directly, thus not guaranteed by FINRA/SIPC.

hemantgangolia··on Launch HN: Inri (YC W23) – Wealthfront for Investing in India
The Liberalised Remittance Scheme is applicable to Indian residents and not Indian expats whereas Inri is an investment product for Indian expats remitting to India from a foreign country. https://m.rbi.org.in/scripts/FAQView.aspx?Id=115
hemantgangolia··on Launch HN: Inri (YC W23) – Wealthfront for Investing in India
Yes, we know about PFIC taxation and help investors with Mark-to-Market Accounting. Further, Inri provides tax support as part of the product offering, thereby abstracting the pain of tax reporting.