Here's how NRIs can protect their overseas earnings from exchange rate risk.
Because of a new notification, any retirement planning done by non-resident Indians through PPF will go for a toss, experts tell Sanjay Kumar Singh.
What could a mall in Ahmedabad, an office complex in Hyderabad and a residential township in Baroda have in common?
Everyone (with some exceptions) whose estimated tax liability is Rs 10,000 or more in a financial year must pay advance tax.
Hopes soar on currency gaining more if Modi becomes the Prime Minister.
Every year, hundreds of non-resident Indians diligently gather in New Delhi to attend the Pravasi Bharatiya Divas from their different far-off adoptive nations just for three days.
Delhi-NCR and Mumbai are still the most preferred destinations for NRIs to buy property, say property brokers.
NRIs should work at building a portfolio that includes both open-ended Indian equity funds as well as MSIIF. \n
Non Resident Indians have invested Rs 9,650.64 crore (Rs 96.50 billion) from August 1991 to December 2005, constituting 6.30 per cent of the total Foreign Direct Investment inflow, Rajya Sabha was informed on Tuesday.
Foreigners and NRIs will soon be allowed to book train tickets online for domestic travel in India from abroad using their credit or debit cards.
If the life assured is an Indian national or a person of Indian origin temporarily residing in the country of his present residence, he can get insurance. Even green card holders and foreign nationals of Indian origin can get life insurance in India.
The key features of the product include a dedicated priority service platform, superior foreign exchange rates on inward remittances and lower service charges on banking services, a release said.
However, being Indians we still feel the need to stay connected to the place of our birth and therefore, we try to make investments in India through different avenues. Let's take a look at how Non-Resident Indians (NRIs) can make investments in India.
This could impact non-resident Indians staying in countries such as UAE which does not impose income tax on individuals under local tax laws.
While Geojit Financial Services and Kotak Securities are already managing large NRI portfolios in West Asian countries, Sharekhan, yet another local brokerage outfit, recently launched a broking platform called India First in Bangkok for NRI clients.
Nav Ratan and Hind Ratan awards were given to delegates from over 52 countries at the 22nd International Congress of NRIs in New Delhi.
As protectionism grows from the United States to Australia, Sanjay Kumar Singh draws up a comprehensive financial checklist for those shifting to India.
Newspapers and other news and current affairs publications in the country may soon be able to appoint foreigners and Non-Resident Indians (NRIs) at senior editorial and management positions.
Remittance into India from foreign countries has already seen a jump of 25% in the last two months
He said the USINPAC delegation would meet Bhartiya Janata Party President Rajnath Singh and leaders of the Left party who have expressed their apprehension over the nuclear deal.
For the first time, Amul fresh milk will be available outside India, with the Gujarat Cooperative Milk Marketing Federation (GCMMF) launching four variants of milk in the US market within a week, to cater to Indian diaspora and Asian population. "We have been exporting dairy products for many decades. This is the first time we are launching fresh milk outside India," GCMMF MD Jayen Mehta told PTI. He said "the GCMMF has tied up with 108-year old cooperative organisation Michigan Milk Producers Association (MMPA) to launch fresh milk in the US market."
Reader responses to our NRI message board invite. Some symphathise with Indians in diaspora, while others express displeasure.
"Gone are the days of euphoric buying. Today, people are doing calculated buying. They are doing thorough due diligence, checking out the location," said Kunal Banerji, president, M3M India.
A bullet each hit Singh in the head and near the chest. Singh was rushed to a private hospital, police said. He is currently out of danger.
Taxpayers are filing their income tax returns (ITRs) early for the Assessment Year 2024-25 (FY25). By April 29, over 592,000 returns were filed, with over 538,000 verified and 367,000 processed. Early filing allows revisions without penalties.
Among those in the Rich Report 2003 are Lakshmi Mittal, the Hindujas and Lord Swraj Paul.
Indian Bank on Tuesday launched IndRemit, an online money transfer service that allows Non-Resident Indians in the United States to make online money remittance to India.
The Reserve Bank of India has allowed investments by NRIs or Persons of Indian Origin in the capital of an entity or a proprietary concern on a non-repatriation basis, subject to certain norms.
Hopes of NRIs to cast votes in the ongoing general elections through Internet were dashed on Friday with the Supreme Court saying that any interim relief at this stage may open a pandora's box.
