Hi Folks,
I am going to Canada on a PR in November. During the declaration, someone suggested to declare Indian Investments too like PPF and Mutual Funds. However I have a question. PPF and Mutual Funds are incremental investments, so is LIC for that matter. So how do I declare the amount now? Also would I lose the tax benefits that I get in India if I declare it now?
Appreciate any help in this matter.
I am going to Canada on a PR in November. During the declaration, someone suggested to declare Indian Investments too like PPF and Mutual Funds. However I have a question. PPF and Mutual Funds are incremental investments, so is LIC for that matter. So how do I declare the amount now? Also would I lose the tax benefits that I get in India if I declare it now?
Appreciate any help in this matter.