On becoming an NRI, legally you are required to inform all your banks and also all the companies where you have investments about the change in your status within a reasonable time.
Finance Minister Arun Jaitley on Monday did not change tax slabs but offered a relief of Rs 3,000 to the salaried with income below Rs 5 lakh per year.
The move may release funds locked in government securities and add to liquidity. With inflation expectations lowered, this should not impact bond sentiment in the short run
As people crisscross the country, eager to return to their homes, the cases have raced past 80,000 with at least 2,649 deaths, according to the Union health ministry on Friday. While there is no exact count, this includes a large number of those who have returned to their states.
As part of Ford Motor Company's crack research and development team, he helped the US car maker launch its popular hybrid car Excape.
The 10,000-square feet top-floor apartment is being sold by Raheja Developers.
The apex court said that the government should file an affidavit by April 11 explaining the reason why the window was not created for the people having difficulty and the chance was only given to NRIs and the citizens who travelled abroad.
'I had not imagined there would come a day when food shopping become a real danger.' 'Or the daily statistics in the news could have such chilling effect.'
Subramanian recommended five ways of financing additional expenditure over a period of one year, including cutting expenditure and borrowing directly from the RBI or monetising debt.
The trio, along with a UAE woman, tortured, gang-raped and battered their victim to death.
Opposition leaders have questioned the alleged misuse of public funds in organising the second global meet on Bihar. They have claimed that the event is merely an "image building" exercise for Chief Minister Nitish Kumar. The much-hyped meet -- which began on Friday and involves nearly 1,000 participants including NRIs -- aims to discuss ways to accelerate the momentum of high growth and development strategies for Bihar.
'I once thought Shah Rukh Khan to be the most knowledgeable actor in our industry,' Paresh Rawal once told me. 'But Sushant was just as well-informed on any topic under the sun.' Subhash K Jha recalls his many conversations with the actor.
Gandhi said India has been devastated by demonetisation and the Goods and Services Tax (GST).
The annual event for overseas Indians, which is being held in Jaipur for the first time, witnessed tempers flaring with delegates upset over being frisked at every gate inside the convention venue. Some delegates even complained of policemen being rude and polite depending on their mood.
India's officialdom must turn to the diaspora to fund the economy's addiction to foreign money.
Singh has already moved on to his next film, a comedy on NRIs called Kaneda, set in Canada.
Guests were all praise for the Bihar government.
'The world outside my window now is mostly uninhabited, barring the few masked figures that skirt around my shadow as I walk the empty roads for the occasional grocery run.'
Most investors do not read between the lines regarding how rupee fluctuation impacts their investments.
According to a study by MyHiringClub.com, a recruitment tendering platform, hiring of NRIs accounted for 21 per cent of total recruitment activity during April-June, 2011, compared to 16 per cent in the year-ago period, representing a growth of 5 per cent.
India (NRIs included) goes crazy about gold jewellery.
Based on the report of the expert committee set up to formulate the state's lockdown exit strategy and the inputs received from various sections of the society, the chief minister said it was necessary to continue with the lockdown restrictions for some more time.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
President Pratibha Patil has approved the conferment of Padma Awards 2011. This year the President has approved 128 awards, including one duo case (counted as one) and 12 in the category of Foreigners/ NRIs/ PIOs/ Posthumous. These comprise 13 Padma Vibhushan, 31 Padma Bhushan and 84 Padma Shri Awards. There are 31 ladies among the awardees.
One cannot open a savings bank account, have a fixed deposit or a public provident fund.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
A few adjustments can help foreign travellers and students reduce the impact of a falling rupee.
Private sector lender ICICI Bank on Monday launched I-Express, an instant cross-border money transfer option for Non-Resident Indians (NRIs).
Non-Resident Indians can now cast votes in their home constituencies as the government has notified rules in this regard, fulfilling the longstanding demand of such people estimated to be 11 million.
At the annual Pravasi Bharatiya Divas, organised by the government ostensibly to celebrate the country's connection with the 27-million-strong Indian diaspora living in 150 countries, Mr Ahluwalia said last Sunday that India was reaching out to NRIs not for their money, but because it valued the long, socio-cultural footprint all Indians living in India and abroad shared.
A longstanding wish of millions of Non Resident Indians for voting right in India has come true with the Centre issuing a notification to this effect to enable them to exercise their franchise.Parliament had in the monsoon session passed the Representation of People (Amendment) Bill, 2010 to allow NRIs to vote in Indian elections and now government has issued a gazette notification in this regard.
On Wednesday, rupee depreciated to an all time low of 60.72 against dollar.
The Reserve Bank on Thursday eased foreign direct investment (FDI) norms and allowed banks to provide guarantees on behalf of NRIs to acquire shares and debentures in Indian companies.
'What can I do for my India except make films that showcase it's greatness to the world, which touch on national issues and arouse the feeling of patriotism?'
Former Union Minister Shashi Tharoor is back in the news over payment of money by the Organising Committee of the Commonwealth Games for consultancy services.
The hectic buying by domestic institutions, as also by some top-shot brokers in their proprietary accounts, was in sharp contrast to heavy selling of stocks by foreign portfolio investors
The decline could be attributed to several measures taken by the market watchdog to stop the misuse of the controversy-ridden participatory notes.
'I will take any source of positivity I can get.'
Educational institutions in India have a quota system for non resident Indians (NRIs). But the catch is that the fees are higher than what resident students pay.
Indian Matchmaking has clearly been produced to pander to Western audiences's awful fascination with the institution of arranged marriage, notes Kanika Datta.