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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…
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…
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…
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…
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…
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…
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…
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…
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…
1 min read
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…
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…
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…
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…
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…