Mittal, now worth 10 billion pounds, saw the biggest fall in wealth terms.
When you sell your property, you would be liable to pay capital gains tax.
'Phoren'-return can sometimes lead to funny situations, like we see in some television commercials featuring guys with fake accents looking for Bharatiya Naaris to marry.
The Foreign Investment Promotion Board on Friday gave conditional approval to the proposal of InterGlobe Aviation which would pave the way for fresh foreign direct investment in private air carrier IndiGo.
Corporates' forex borrowings have grown at a CAGR of 15.6% since 2008.
'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures; the attempt to game the system by showing lower non-performing assets,' notes Joydeep Ghosh.
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
The Non-Resident Indians (NRIs) living in the US, UK, Canada and Singapore can now avail the benefit of a lesser tax deduction on their Non-Resident fixed deposit with ICICI Bank, a top bank official said in Mumbai. The NRO FD Plus offers the benefit of concessional rate of tax deducted at source (TDS) under the Double Taxation Avoidance Agreement (DTAA) of India with these countries, ICICI Bank General Manager and Head NRI Services Manish Mishra said.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
Christopher Wylie deposed before the House of Commons Digital, Culture, Media and Sport Committee amid an escalating row around alleged Facebook data breaches linked with the controversial UK-based company, which has also been linked with alleged attempts to influence elections in India.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
Two UK-based academicians, including an NRI, claim to have devised a way to invent new medicines and get them to market cheaply to enable millions in poor countries to be cured of infectious diseases.
There has been sizeable rise in external commercial borrowing and and rupee denominated Non-resident Indian deposits.
Joining the likes of N R Narayana Murthy and Azim Premji to blame the Indian government for policy inaction, UK-based NRI billionaire L N Mittal said the country is potentially condemning millions to remain in poverty by not helping industrialisation.
But due to SEC diktats, funds that are US-based -- like Templeton, Fidelity and HSBC -- do not accept investments from NRIs.
Right from the first week, Women and Child Development Minister Maneka Gandhi said, the BJP-led government showed "zero tolerance" towards brutalities against women. "I am confident that a time of gender equality would come. We ensured women gets the basic necessities of toilets, electricity and gas cylinders to make their lives easy."
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.
Sukanya Verma presents a DDLJ special quiz to test your knowledge about one of Hindi cinema's most successful films of all time.
Suspended Rajasthan Royals Raj Kundra sought heavenly intervention while his Bollywood actress wife Shilpa Shetty took solace from her mother's comforting words as the duo dealt with the tough times that have followed the NRI businessman's questioning by the Delhi Police.
Lord Paul, who is also the Chancellor of the University of Wolverhampton and University of Westminster, quoted a recent report which pegged the annual economic output generated by universities in England at 73 billion pounds.
Joginder Tuteja looks at the top 10 flops of 2000.
Kajal Aggarwal Jayasudha and Kamalinee Mukherjee, Prakash Raj and Meka Srikkanth also feature in this family entertainer.
Short-term gains from shares are taxable
British Minister of State for Immigration and Citizenship Tony McNulty presented the award to Bilimoria, who is the youngest chancellor of the Thames Valley University.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Political stalwarts Murli Manohar Joshi, Sharad Pawar and former Lok Sabha speaker P A Sangma, cricketer Virat Kohli and Carnatic musician K J Yesudas were among the 89 people who were selected for this year's Padma awards.
The Centre on Monday told the Supreme Court that the Election Commission's recommendation to extend voting rights to NRIs through postal ballots has been accepted in letter and spirit.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Noting its role in reviving the US economy and creating jobs, President Barack Obama will visit a steel plant owned by NRI tycoon Lakshmi Mittal whose company is the largest supplier of steel to the US auto manufacturing sector.
With the rift in AAP deepening, NRI supporters of the party have appealed to its leadership to stand united and resolve all their differences peacefully.
A decision on whether Rajasthan Royals co-owner Raj Kundra will be present at the venue during the Champions League Twenty20 will be taken after the IPL Governing Council formally clears the NRI businessman in the IPL spot-fixing and betting scandal.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances