If they withdraw money prematurely from their retirement account in the US, there will be a tax as well as a penalty
Harish is survived by wife Sheetal and children Nancy (19) and Nayan (4). His two sisters are also settled in the US
Remittances can only be made of funds on which all taxes due in India have been paid
Non-residents remain bullish despite single-digit equity market returns since May 2014
Till now, they could open NPS accounts only through paper applications by approaching bank offices but this has now changed