News for 'NRI'

The Men We Loved In 2024

The Men We Loved In 2024

Rediff.com12 Dec 2024

Good, bad, evil, we saw a gamut of emotions on display in their most stirring form as actors reiterated their worth.

Credit cards get a festive boost, spending increases 25% in Sep

Credit cards get a festive boost, spending increases 25% in Sep

Rediff.com30 Oct 2024

Credit card spending in September recorded strong growth of 25 per cent year-on-year (Y-o-Y), marking the highest increase in six months. Even as many banks saw higher slippages during the July-September quarter of 2024-25, spending growth exceeded 20 per cent for the first time since February. According to the latest data released by the Reserve Bank of India (RBI), September spending reached Rs 1.76 trillion, compared to Rs 1.42 trillion in the same period a year ago. In August 2024, credit card spending was Rs 1.68 trillion.

I Want To Talk Review: Abhishek Bachchan At His Best!

I Want To Talk Review: Abhishek Bachchan At His Best!

Rediff.com22 Nov 2024

Abhishek Bachchan conveys the numerous chapters and challenges his mind, body and soul go through with a never-before candour, observes Sukanya Verma.

The Raj & DK Line-Up You Cannot Miss

The Raj & DK Line-Up You Cannot Miss

Rediff.com6 Nov 2024

Sukanya Verma looks at their eclectic career of over two decades as their latest offering Citadel: Honey Bunny, the Indian leg of the Russo Brothers globetrotting spy universe series, drops on Amazon Prime Video on November 7.

'To Avoid Double Taxation, Can I...?'

'To Avoid Double Taxation, Can I...?'

Rediff.com16 Jul 2024

rediffGURU Vivek Lala answers your income tax and personal finance queries.

'My Uncle Is Flirting With Me. Pls Help'

'My Uncle Is Flirting With Me. Pls Help'

Rediff.com16 Dec 2024

rediffGURU Anu Krishna offers advice on how to deal with complicated situations in a relationship.

Flow of money into NRI deposits moderates to $3.23 bn in FY22

Flow of money into NRI deposits moderates to $3.23 bn in FY22

Rediff.com26 May 2022

Flow of money into non-resident Indian (NRI) deposits moderated sharply to $3.23 billion in April 2021-March 2022 from $7.36 billion in the same period of the previous year. Outstanding deposits have also gone down to $139.02 billion at the end of March 2022. This compares to $141.89 billion a year ago, according to Reserve Bank of India (RBI) data.

Sunny Deol, Bollywood's Knockout Man!

Sunny Deol, Bollywood's Knockout Man!

Rediff.com19 Oct 2024

At many stages, it has appeared as though Sunny Deol's career was running out of steam, but each time he has risen Phoenix-like from the ashes. Dinesh Raheja gives us a closer look at the man on his 67th birthday on October 19.

Festival season, discounts boost Ola Electric sales

Festival season, discounts boost Ola Electric sales

Rediff.com16 Oct 2024

Under regulatory scanner, Bengaluru-based Ola Electric has witnessed an uptick in its sales after facing a decline during the last few months. The company's daily average sales rose to 1,154 units in October, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH). With sales reaching 17,315 units between October 1 and October 15, the company has also boosted its market share to 34 per cent, up from 27 per cent in September, in the electric two-wheeler (e2W) segment.

Budget Qs Answered: 'Selling My Home At Rs 5 Cr. How Much Tax Will I Pay?'

Budget Qs Answered: 'Selling My Home At Rs 5 Cr. How Much Tax Will I Pay?'

Rediff.com26 Jul 2024

rediffGURU Samkit Maniar answers readers' personal income tax queries.

'Am I To Reveal This Info To I-T Dept?'

'Am I To Reveal This Info To I-T Dept?'

Rediff.com8 Oct 2024

rediffGURU T S Khurana answers readers' personal income tax queries.

Cross-border share swaps eased by govt

Cross-border share swaps eased by govt

Rediff.com19 Aug 2024

The Union Finance Ministry on Friday announced key amendments to foreign exchange (forex) regulations, including mandating government approvals for all investments originating from countries that share land borders with India. The latest amendments also seek to simplify cross-border share swaps and streamline key definitions, such as "control". The updated regulations have aligned the treatment of downstream investments made by overseas citizen of India (OCI)-owned entities with those owned by non-resident Indians (NRIs) on a non-repatriation basis.

I-T Sleuths Chasing Rs 16.69 Trillion Tax Arrears

I-T Sleuths Chasing Rs 16.69 Trillion Tax Arrears

Rediff.com16 Aug 2024

As on April 1, income tax arrears have increased to Rs 43 trillion from Rs 24 trillion on April 1, 2023.

Why EV sales set roads on fire in July

Why EV sales set roads on fire in July

Rediff.com2 Aug 2024

Sales of electric vehicles (EVs) in July touched 178,948 units, marking the highest monthly sales this financial year. This represents a 27.9 per cent increase from June, which saw 139,905 units sold, according to the Vahan data from the Ministry of Road Transport and Highways. The strong performance in July contributed to more than one million being sold in the first seven months of the calendar year.

'Made in India' Apparel Off To Paris Olympics

'Made in India' Apparel Off To Paris Olympics

Rediff.com24 Jul 2024

If you see 'Made in India' apparel at any of the IOC's retail channels, it may have well come from Tiruppur, manufactured by a firm, which is owned by a mother-daughter duo, called Back Bay India.

Ola Electric's e-bike pricing sparks debate across EV industry

Ola Electric's e-bike pricing sparks debate across EV industry

Rediff.com19 Aug 2024

The launch of a range of electric motorbikes (e-bikes) by Bengaluru-based Ola Electric, a first for the company, has disconcerted the industry because the low price the firm claims to be offering has the potential to disrupt the market. On August 15, Ola unveiled its Roadster series e-bike with a starting-price at Rs 74,999. This new pricing undercuts the previous lowest price in the category, which was Rs 110,000.

3 HDFC Bank staffers arrested for trying to rob NRI account

3 HDFC Bank staffers arrested for trying to rob NRI account

Rediff.com19 Oct 2021

The Delhi Police Cyber Cell has arrested 12 people, including three HDFC Bank employees, for allegedly trying to withdraw money from the account of an NRI, officials said on Tuesday.

NRI from SA visiting Vadodara tests positive for Omicron BA.5

NRI from SA visiting Vadodara tests positive for Omicron BA.5

Rediff.com24 May 2022

A 29-year-old NRI who recently came to Vadodara in Gujarat from South Africa has been found infected with the BA.5 sub-variant of the highly-transmittable Omicron variant of coronavirus, a health official said on Tuesday.

Housing sales hit 11-year high at 1.73 lakh units: Knight Frank

Housing sales hit 11-year high at 1.73 lakh units: Knight Frank

Rediff.com4 Jul 2024

Indian real estate market remained buoyant in January-June this year, with housing sales hitting an 11-year high at 1.73 lakh units and office demand at a record 34.7 million square feet across eight major cities, according to Knight Frank. On an annual basis, housing sales rose 11 per cent to 173,241 units while leasing of office space grew 33 per cent to 34.7 million square feet during January-June this year across eight major cities. Shishir Baijal, chairman and managing director, Knight Frank India, said, "India's real estate market has been buoyant in the last few quarters owing to the strong economic fundamentals and stable socio-political conditions."

Your Tax Questions Answered

Your Tax Questions Answered

Rediff.com6 Aug 2024

rediffGURU T S Khurana answers readers' personal income tax queries.

Tax Qs on NRIs, LTCG, and Gifts Answered

Tax Qs on NRIs, LTCG, and Gifts Answered

Rediff.com22 Aug 2024

rediffGURU T S Khurana answers readers' personal income tax queries

Why EV Sales Dropped To 14%

Why EV Sales Dropped To 14%

Rediff.com2 Jul 2024

So far this year, around 839,545 electric vehicles have been sold, accounting for approximately 6.69% of the total 12,541,684 vehicles sold.

Pawan Kalyan to be Andhra dy CM; Naidu's son gets IT

Pawan Kalyan to be Andhra dy CM; Naidu's son gets IT

Rediff.com15 Jun 2024

The actor-turned-politician has been allotted Panchayat Raj and Rural Development, Environment, Forests, and Science and Technology portfolios.

Budget 2020: Govt clarifies on NRI tax

Budget 2020: Govt clarifies on NRI tax

Rediff.com3 Feb 2020

The ministry said it was an anti-abuse provision amid growing instances of NRIs shifting their stay in low or no-tax jurisdiction to avoid tax payment in India.

US girl posing as Indian did MBBS, HC asks to pay NRI fees for exit permit

US girl posing as Indian did MBBS, HC asks to pay NRI fees for exit permit

Rediff.com20 Mar 2023

Coming to India on a tourist visa as a child, she had completed her education throughout claiming to be an Indian citizen.

Ultra-luxury housing in India sees shift to ultra-customised marketing

Ultra-luxury housing in India sees shift to ultra-customised marketing

Rediff.com18 Jun 2024

With the rise of ultra-luxury housing in India comes ultra-customised marketing. Developers selling high-end homes, priced above Rs 20 crore, are moving away from traditional marketing for these homes to newer methods, such as painstaking profiling of customers before showing them the property, augmented reality for visualisation of interior decor, virtual tours, and closed-door international shows. There is also marketing through online ads, social media influencers, and exclusive memberships.

Buying property from an NRI? IMPORTANT tax tips!

Buying property from an NRI? IMPORTANT tax tips!

Rediff.com21 Aug 2018

Both NRIs and those who make payouts on sale of property need to understand the TDS provisions that are applicable or risk punishment, warns Sanjay Kumar Singh.

OTT Superhit Panchayat Is Back!

OTT Superhit Panchayat Is Back!

Rediff.com27 May 2024

With the hugely popular Panchayat's third season ready to drop this week, we look at all the rural themed shows available on OTT.

Cab mows down Intel's ex-India head while he was cycling

Cab mows down Intel's ex-India head while he was cycling

Rediff.com29 Feb 2024

The accident took place at around 5.50 am on Wednesday, when Saini, 68, was riding a bicycle along with fellow cyclists on the Palm Beach Road in Nerul area, an official said.

Punjab offers free legal aid to 700 students facing deportation in Canada

Punjab offers free legal aid to 700 students facing deportation in Canada

Rediff.com8 Jun 2023

Punjab NRI Affairs Minister Kuldeep Singh Dhaliwal Thursday said the state government will provide free legal assistance to around 700 Indian students who are facing deportation from Canada.

NRIs likely to get bigger play in local equities through GIFT City FPIs

NRIs likely to get bigger play in local equities through GIFT City FPIs

Rediff.com3 Dec 2023

The Securities and Exchange Board of India (Sebi) may allow non-resident Indians (NRIs) and Overseas Citizens of India (OCIs) greater exposure to domestic equities if their investments are sent through foreign portfolio investors (FPIs) registered at the GIFT City International Financial Services Centre (IFSC). The proposal will be taken during Sebi's board meeting on Saturday along with other key agenda items such as easing of voluntary delisting mechanism and introduction of a regulatory framework for real estate fractional ownership platforms, said people in the know. At present, the combined holdings of NRIs and OCIs in a global fund have to be less than 50 per cent, while that of a single NRI or OCI is capped at 25 per cent.

Are you an NRI?

Are you an NRI?

Rediff.com27 Oct 2005

NRI funds home-bound

NRI funds home-bound

Rediff.com19 Jul 2005

Modi woos NRI investors in UAE

Modi woos NRI investors in UAE

Rediff.com17 Aug 2015

Prime Minister Narendra Modi on Sunday met leading NRI investors in UAE, who briefed him about various projects they are investing in India.

Chandu Champion Review: Crowd Pleasing Melodrama

Chandu Champion Review: Crowd Pleasing Melodrama

Rediff.com14 Jun 2024

Chandu Champion is Kartik Aaryan's most ambitious work so far and the actor's muscular gusto is undeniable. There's visible fire in the man's belly but not enough soul, observes Sukanya Verma.

Abandoned by their NRI husbands, the women fight back

Abandoned by their NRI husbands, the women fight back

Rediff.com5 Mar 2020

In a pink-walled room of a government office, they spend their days cancelling the passports of runaway husbands.

Cab driver who knocked down ex-Intel India head says he dozed off

Cab driver who knocked down ex-Intel India head says he dozed off

Rediff.com1 Mar 2024

The driver of the cab that fatally knocked down former Intel India country head Avtar Saini in Maharashtra's Navi Mumbai, has told the police that he lost control over the vehicle as he dozed off because he was driving all night, an official said on Friday.

Millennials, Gen Z driving demand for luxury car rentals

Millennials, Gen Z driving demand for luxury car rentals

Rediff.com29 May 2024

India's luxury car rental market is experiencing a surge in demand, particularly in Tier 1 cities such as Mumbai, Bangalore, and Delhi, with executive travellers, especially from the tech sector and younger demographics like the millennials and the Gen Z, increasingly renting high-end vehicles for special occasions and domestic travel. Luxorides, a luxury car rental company, observed a 40 per cent year-on-year rise in bookings in 2024 (until April) on popular routes like Delhi-Rishikesh, Delhi-Vrindavan, and Delhi-Jim Corbett National Park, as well as Chandigarh-Manali and Chandigarh-Ladakh.

NRIs, Are You Aware Of Indian Tax Rules?

NRIs, Are You Aware Of Indian Tax Rules?

Rediff.com12 Mar 2024

Understanding tax residency rules and maintaining proper documentation is imperative to ensure smooth tax compliance.

NRI affairs ministry renamed

NRI affairs ministry renamed

Rediff.com9 Sep 2004

It will now be called the Ministry of Overseas Indian Affairs.