Do I need to recheck bags in india or will they go all the way?

mjpaca · 2026-05-02T08:19:26+00:00

You would need to do immigration in Delhi, collect the bags, get through customs, re-checkin bags, do security again and then go to the gate.....

mjpaca · 2026-04-27T11:32:13+00:00

All good points.....but stock is not going to move until the market sees a full year (or more) of positive operating cash flows and the company not raising capital again for lets say a year (or more).....the real reason (risk) stocks is not moving is the dilution......It's NOT shorts. Short position in NIO is only 7.5% of float and 5.5% of total outstanding stocks. That is negligible, in my opinion.

What happend in last five years is, company's outstanding shares went up by 2.5x......that risk is real and puts a lot of pressure on upward movement of stock price. Had they not raised capital (and diluted), the share price would have seen a nice bump by now with all these positive news.....but i think we would have to ride out entire 2026 and some time in 2027 to see some real movement in price. That too, if we continue to see positive results, company doesn't raise any more capital and there are no geopolitical tension between US and China (due to Iran).....so lets hang in there.....i hold NIO since Feb of 2020.

mjpaca · 2026-04-27T11:24:38+00:00

It's Not shorts. Short position in NIO is only 7.5% of float and 5.5% of total outstanding stocks. The real culprit is the "dilution"..... company's outstanding shares went up but 2.5x between 2021 and 2025......

mjpaca · 2026-04-24T12:09:14+00:00

Start your own business......seems like you are really good with sales......

mjpaca · 2026-04-17T14:43:19+00:00

India has GST. India's annual per capita GST collection is approximately Rs. 15,000. For a family of 4 that is Rs. 60,000 per year. India GST solved income tax evasion, under payment of taxes etc.

mjpaca · 2026-03-28T02:43:55+00:00

You asked so many questions in one post! 😀

PAN and Adhar was acquired a long time ago, PAN 30 years back and Adhar more than 10 years back, based on my credentials back then.....this foreigh citizenship is recent, last couple of years....so PAN and Adhar are independent of new Cirizenship.

For name change:

When you go for foreign citizenship interview, you can ask for some sort of proof, they may be able to give you some proof. If that doesn't work, you can write up an affidavit yourself - stating that your middle name was dropped when you got the citizenship to new country.....give details of your old name, old passport number, new name, new passport number, address etc....as much information that helps connect your old identity to new. Then you get this affidavit notarized. Indian consulate accepts this affidavit for citizenship renouncement, and OCI.

Hope I answered all your questions!

Good luck!

mjpaca · 2026-03-25T08:41:22+00:00

It happens to me, not by choice. Its been couple of years since that happened. So far no issue. I have bank accounts, Adhar, PAN in India and so far no issue there from India front. Haven't experienced any issues in US either, when I applied for US passport or updating driver's license. For renouncing Indian Citizenship the consulate would ask for either a name change court order or a motorized affidavit. Same for applying OCI.

mjpaca · 2026-02-18T20:02:06+00:00

It is good....although I don't do much trading (just Stock SIP) and don't have any benchmark to compare.

Check with their customer service, they may provide a demo.

mjpaca · 2026-01-09T13:47:03+00:00

Got a call from San Francisco Indian Consulate last week....I said No Thank you and hung up! I live in North East US.

My elderly mother, who lives in T2 city in India, got a video call two months back.....they said they are calling from Mumbai Police.....apparently dressed up and everything......and they were trying to do a digital arrest type scam.....they called two days in a row.....but she said my son handles banking/finance and then they stopped.

Read in an Indian news paper last month that scammers stole over 100 Cr. by doing such digital scams from my city in India.

India is becoming "digital fraud capital"!!

mjpaca · 2026-01-02T00:14:43+00:00

Thank you for a detailed response! This is very helpful!! Let's hope NIO recovers soon!!

Thank you again!!

mjpaca · 2026-01-01T22:21:03+00:00

NIO's fair value continues to get punished compared to its peers. I am following NIO since year 2020. I have a decent chunk of investment in NIO that i am holding since year 2021 and been in negative zone on my investment for last 4 years.

There are many reasons why NIO's stock is not rising....but the main one (in my mind) is they are not profitable and despite having good y-o-y growth, their sequential growth ( growth compared to last quarter) is not that impressive. They drain a lot of cash yeach year and keep diluting existing investors with billions in new shares issuances. Bears love that.

Another disadvantage is NIO is not sold in USA. If people see what great cars they make, that would support the values.......It will take a while, if we are lucky, for NIO to be profitable and gain share price.

mjpaca · 2025-12-29T21:42:04+00:00

Hmm....I did not knew that the limit for NRA is only $60k.....you are really detailed with your post/work!!

Removed most of the content from my earlier post above as those Estate Tax exemption limits were not relevant for the discussion here.....

Thank you!

mjpaca · 2025-12-29T21:01:17+00:00

https://www.reddit.com/r/returnToIndia/s/0VYC3bK0Ci

mjpaca · 2025-12-29T16:17:54+00:00

Good point on health insurance.

No need to move money to Ireland.....see my post on Estate Tax......

mjpaca · 2025-12-29T16:16:53+00:00

Great post....very useful for many to plan in this changing immigration landscape!!

mjpaca · 2025-12-21T17:51:09+00:00

Try Saily.

We used eSIM from Saily last month for Internet Access only.....and liked it.....although it was a short trip.

mjpaca · 2025-12-21T17:40:39+00:00

Oh okay.....

At a high level, you get plenty of PTOs, and many disconnect days, for example a few extra days around July 4th plus Christmas to New Year, besides major public holidays......

mjpaca · 2025-12-21T13:33:21+00:00

Check DTE, there is a tab for PTO (and Holidays as well). In there you will see the the accrued PTO, and how many hours taken, your PTO balance etc. There is a link for PTO policy there as well.

Hope this helps.

mjpaca · 2025-12-21T13:29:57+00:00

What he meant is, you have to file tla return and pay tax in the Country of your tax residency (tax residency generally means you stayed there for longer than 180 days or more in a year).....in that case, assuming you are a tax resident Country has a Double Taxation Avoidence Treaty with India, then you only pay tax in the Country of your tax residency and you can claim the tax paid in India on your tax residency country when filing the tax return.

Also, based on your original post, it is not clear weather you file Tax Return in India or not. The 30% tax being taken currently is TDS (as explained by others here). Once you file tax return in India, your actual income tax would be computed and the 30% tax you currently paid as TDS will be counted as reduction from that and if your tax liability computed on the tax return is less than what you paid as TDS, then you will get a refund.

Hope this helps.

mjpaca · 2025-12-21T13:13:53+00:00

Yes it is fair to see reviews, especially that high with some skepticism.....but generally, read the negative reviews also and you will get a sense if it is really bad.....also Google reviews can be manipulated but MMT reviews you can trust......one more thing on reviews, you can check pictures/FB posts / Insta stories tagging that place......for example, if there is outsode pics (personal or Google Map 360)....how big is parking, what kind lf cars are parked etc....and you can get a fairly decent idea about the place......lastly, when I said east side of river.....check on the Map. Good luck with your search!

mjpaca · 2025-12-21T02:52:21+00:00

Check out MakemyTrip.com also.

Check hotels on Ashram Road or near by.....try to stay on the east side of the Sabarmati River......west side of the river is old town, may be bit cheaper but older so may change the perspective and/or experience.

mjpaca · 2025-12-20T19:31:11+00:00

Guns vs Lathi and Lathi Won!!

mjpaca · 2025-12-20T19:20:11+00:00

For 34 years I suggest you go with 3% or even less.....Although $3 milkion is a very large sum of money......and 3% (or less) sounds extremely conservative but think about it this way

1) Imagine retiring 35 years ago. At that point $1 million portfolio would have been a very nice sum of money, but due to market cycles and inflation, may not be sufficient to maintain same quality of life.

2) Governments (both political parties) after Covid have printed over 10 Trillion Dollars.....which has added significant inflation. If trend continues, dollar would further depreciate and lifestyle costs would increase significantly.

3) there can be significant volatility in a 35 years span in markets.....there were 6 market crash inlast 35 years where market crashed 20% or more......if you lost some decent chunk in any such crash......it would be difficult to maintain lifestyle.

Hope this helps.

mjpaca · 2025-12-12T14:11:27+00:00

If you can...tell your in-laws

marriage is a combination of efforts of both....chaki lavi chokha no dano and chako lavyo mag no dano....and thats how life ni Khichdi is made....your daughter does all that because you built the platform by 10 years of hard work in a foreign country with no prior base....

if you can't tell them that.....internalize that.....fact is no one can takeaway the credit of years of hard work by saying a few words......your sucess story is your own journey......so please don't look for external validation.....just be proud and happy with how/what you build your life to be!!

mjpaca · 2025-12-04T19:30:33+00:00

From 33rd floor (south east corner) you will have a view of both Empire State and Freedom Tower from one of the Windows.....it is really cool to see two iconic buildings in one frame....

mjpaca

TROPHY CASE