NRIs can lock into NRE/NRO fixed deposits, buy real estate and invest in long-term equity investments.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
In order to attract inflow of foreign currency, the Reserve Bank on Tuesday simplified rules governing investments by non-resident Indians (NRIs) portfolio investments like equities and debt.
Number of DVR shares required to be held will differ from one company to another.
"We do not have it anywhere else other than the Jharia coal fields in Jharkhand. The quality is also not very good for steel-making. So the Indian steel industry will continue to depend on imported coal," says Arun Kumar Jagatramka, MD, Gujarat NRE Coke.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answers your questions on NRI investment.
If the view is that rupee will depreciate, hedge your exposure by using forward cover
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A Reserve Bank of India-constituted internal group has recommended that interest income from NRI deposits may be taxed like domestic deposits consistent with current account convertibility. \n\n
Resident individuals can acquire and hold immovable property or shares or any other asset outside India without prior approval of the RBI.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The markets have opened on negative note. At 9:57 am, the Sensex was down 30 points at 11472.
The Nifty gained 32 points to close at 3,210.
The Sensex opened with a positive gap of 21 points at 10,862
Parul Goswami beat the eighth seed to enter the second round of the Gujarat NRE Coke-ITF Women's Circuit 2005.
When an NRI returns to India, he should be aware of his tax residency status.
Bank of Baroda (BoB) has revised the interest rates on FCNR(B) and NRE term deposits with effect from December 3, 2004.
In yet another step to attract foreign money, the Reserve Bank of India (RBI) has allowed non-resident investors to acquire shares of listed Indian companies through stock exchanges under the foreign direct investment (FDI) scheme.
Banks want lower provisioning burden on recast debt, interest on cash reserve ratio deposits.
Across Yes Bank branches, the busiest people were the relationship managers, trying to soothe nerves. Many were seen advising clients the situation was only temporary and that their money was safe.
As protectionism grows from the United States to Australia, Sanjay Kumar Singh draws up a comprehensive financial checklist for those shifting to India.
Disclose foreign assets, redesignate NRO a/c and open a Resident Foreign Currency a/c to park forex earnings
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Prime Minister Narendra Modi is set to meet top Australian business leaders, including BHP Billiton CEO Andrew Mackenzie and HSBC Bank Australia CEO Tony Cripps, at a roundtable in Melbourne next week.
The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident of India for tax purposes if you stay in the country for more than 120 days in a financial year and 365 days in the past four years. One consequence of the change will be that people of Indian origin who reside outside India will be able to spend a smaller number of days in the country if they wish to keep their non-resident status intact, points out Sanjay Kumar Singh.
India received $70 billion in remittances during 2014.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government has taken a number of steps to stem the depreciation of rupee including moderation in demand of non-essential imports and enhancing supply of capital flows, Finance Minister P Chidambaram said.
This is the best time to be in India, Prime Minister Narendra Modi said today as he wooed top Australian corporate honchos to invest in the country which is undergoing reforms to improve business environment.
There are some advantages of a falling rupee.
Despite the slowdown, property investments can give them good returns over the long term