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K I CK OU T S. U K UK PA SS O C I AT I O N. C O capital-at-risk FTSE Defensive Kick Out Plan July 2017 www. You are also able to invest in an ISA by transferring the value of a present ISA or ISAs to a new ISA manager. The ISA subscription limit for the 2017/18 tax year is There are three types of ISA - a cash ISA a stocks and shares ISA and an Innovative Finance ISA introduced in April 2016. The ISA which receives the transfer does not have to be the same type of ISA cash or stocks and...
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01
First, gather all the necessary information and documents required to fill out the OCI application form.
02
Visit the official website of the Indian embassy or consulate to download the OCI application form.
03
Read the instructions and guidelines provided with the application form carefully before filling it out.
04
Start by providing personal information like full name, date of birth, and gender.
05
Fill in details regarding your nationality, previous nationality (if applicable), and passport information.
06
Provide your current residential address and contact details.
07
Answer all the questions related to your parents, including their nationality, OCI/PIO/Indian Passport details (if applicable).
08
Provide details about your spouse and children (if applicable).
09
Give information about your previous visits to India and any previous OCI/PIO applications made.
10
Attach necessary supporting documents like photographs, proof of Indian origin, proof of previous nationality, passport copy, etc.
11
Review the completed form and cross-check all the information provided.
12
Sign and date the application form.
13
Submit the filled-out application form along with the required documents to the designated Indian embassy or consulate.
14
Pay the applicable fee for processing the OCI application.
15
Track the status of your OCI application through the official website or contact the embassy for updates.
16
Once approved, collect your OCI card from the embassy and follow any further instructions provided.

Who needs o c i at?

01
Any person of Indian origin who is a citizen of another country and wants to maintain a lifelong connection with India may need an OCI card.
02
People who have parents, grandparents, or great-grandparents who were citizens of India at any time are eligible for OCI.
03
Foreign spouses of Indian citizens or OCI cardholders may also need to obtain an OCI card.
04
Students pursuing higher education in India or planning to work in India may find an OCI card beneficial.
05
Businesspersons or investors who wish to engage in economic activities in India might need an OCI card.
06
OCI cardholders can enjoy multiple benefits, such as visa-free travel to India, longer duration for stay, and exemption from registration with the Foreigners Regional Registration Office (FRRO).
07
The OCI card also provides ease in acquiring Indian heritage certificates, opening bank accounts, obtaining Indian driving licenses, and participating in business ventures in India.
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O C I A T stands for Offshore Voluntary Disclosure Program. It is a program that allows individuals and entities to come forward and disclose their previously undisclosed foreign financial accounts and assets in exchange for reduced penalties.
Individuals and entities with undisclosed foreign financial accounts and assets are required to file O C I A T.
O C I A T can be filled out by submitting the required forms and documentation to the appropriate tax authorities.
The purpose of O C I A T is to encourage individuals and entities to come forward and disclose their foreign financial accounts and assets to avoid criminal prosecution.
Information such as the names and locations of foreign financial institutions, account numbers, and highest balances must be reported on O C I A T.
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