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3 mins read

RBI tries to boost forex reserves by easing NRI deposit norms

The Reserve Bank of India (RBI) on Wednesday announced a series of measures to boost foreign exchan…

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6 mins read

Are you an NRI having income in India? Here’s how you will be taxed

You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…

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2 mins read

More NRIs are keen to buy bigger homes in the country, says report

Demand for bigger homes has seen a spurt in the post-Covid era.In fact, 77% of the NRIs are looking…

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1 min read

India's external debt rose 8.2% in 2021-22 to $620 billion

India's external debt rose by 8.2 per cent to stand at $620.7 billion on March 31, 2022, compared t…

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3 mins read

India's external debt of $620bn is sustainable: Finance Ministry report

In a recent report, the Department of Economic Affairs said the country's external debt continue…

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2 mins read

It's the right time on export settlements in Rupee, SBI tells RBI

The State Bank of India (SBI) on Thursday said the Reserve Bank of India (RBI) should international…

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1 min read

NRI deposits in Gujarat passes Rs 50,000-crore mark

According to RBI data, in 2014-15, there was a little over $115 billion (about Rs 7 lakh cror…

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23 mins read

These are the new TDS, TCS rates applicable on fixed deposits, dividends, contracts and more

Finance Minister Nirmala Sitharaman announced a reduction in tax deducted at source (TDS) and tax c…

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1 min read

Gujarati NRIs sending less money to India, deposits dip by Rs 9,890 cr. Know why

NRI deposits decreased stood at Rs 49,722 crore forming about 10.56% of the total deposits as of De…

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2 mins read

Tracking black money: Be extra careful in declaring you foreign assets this year!

"In cases of joint holdings, the spouse too needs to report the bank details and file the return in…

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2 mins read

Filing your ITR at the last minute? Don't make these mistakes

As per official data, about 6 crore ITRs have already been filed so far, and around 70% of them hav…

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2 mins read

India is most favoured nation for investment, with growth safety and stable currency, says Piyush Goyal

Invoking the Indian business community to invest in India, Union Minister for Commerce and Industry…

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5 mins read

Time to move on from CEO extension debate for IndusInd Bank and focus on the fundamentals

IndusInd Bank’s stock has come under selling pressure recently after the lender’s chief executive o…

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5 mins read

What you must know about the newly formed kerala bank

As per the earlier system, the co-operative banking in the state of Kerala follows a three tie…

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3 mins read

With the new TDS rule, every time you make a payment, you must ask if the receiver has filed tax returns in last two years

“Suppose you are making payment to a contractor. And, when you’re getting the work executed, you’re…

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1 min read

NRIs, here’s how you can claim tax benefits under DTAA

If the TRC is not submitted within the timeline required by the deductor, the deductor (eg. Bank) w…

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1 min read

Wealthy Indians are exploring ways to hide black money. Know how

According to informal email and text message exchanged by traders in Mumbai’s financial markets, ma…

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7 mins read

Here's what the future of the senior living industry looks like for 25% of India’s population

My father was 64 when he had his first heart attack in September 2015. He downplayed the pain and…