While bringing over your money to India you should take care to ensure it is done in such a way so as to reduce your tax liability and let you repatriate it back to your residence abroad, should you opt to move back.
Describing non-resident Indians and Persons of Indian Origin as Citizens of India Overseas, Science and Technology Minister Kapil Sibal on Tuesday asked them to invest in the manufacturing sector to give a boost to employment generation in the countr
Two NRI entrepreneurs Mayank Patel and Karan Bilimoria have won the prestigious London Business Awards for commercial enterprise and excellence.
The government has dispensed with the condition of obtaining Foreign Invesment Promotion Board's approval for non-residents to transfer shares and convertible debentures of Indian companies from Indian residents, subject to sectoral caps.
In what is being seen as a veiled jibe at Punjab Congress president Navjot Singh Sidhu, CM Charanjit Singh Channi on Friday asked policemen not to bother about who says what and said criminals wet their pants on seeing them.
The patriotism of wealthy overseas Indians has helped the country avert economic crises in the past and it is little surprise that embattled policymakers are turning to them again to plug a record trade gap that is battering the rupee.
The Malaysia-based Hindus Rights Force, struggling for rights and equality for ethnic Indian minorities in that country, has urged Persons of Indian Origin and Non-Resident Indians to extend support towards their cause. HINDRAF chairman P Waytha Moorthy told PTI that the PIOs should use their clout with India and appeal to the government to severe trade relations with that country, as well as stop all investments in that country.
'Bollywood actresses like Parveen Babi and Zeenat Aman were huge inspirations, and they have stuck with us.'
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Victims decry Ministry of External Affairs' 'vengeful' decision to stop them from leaving the country if they have a 'T' visa (Trafficking category) affixed on their passports. George Joseph/Rediff.com reports
'It is quite clear that the agitation against the farm laws is against the Centre and they will try to create all hurdles they can in that. They are using all tactics as their sole purpose is to defeat the agitation'
Indians are the fourth-largest property buyers in Singapore.
Ahead of Delhi assembly elections, Arvind Kejriwal-led Aam Aadmi Party has collected around Rs 19 crore as donations from cross section of people, most of them are the first-time donors to a political party.
Pursuant to Prime Minister Atal Bihari Vajpayee's announcement in January, a insurance scheme for Non-Resident Indians -- 'Pravasi Bharatiya Bima Yojana' -- will be launched on December 25 this year.
"The first step is getting your residential status changed in all documents, including Permanent Account Number (PAN) card for taxation, ration card, etc, which takes months and endless rounds to offices," says an exasperated Mehta, adding that getting oriented with the laws and regulations comes much later.
State Bank of India on Monday said it aims to retain at least 25-30 per cent of the Rs 25,000 crore (Rs 250 billion) Resurgent India Bonds proceeds by launching an "instrument" having both fixed and floating rates in September.
Mohanbir Sawhney, Raghuram G Rajan, Raju G C Thomas and Darsh Wasan will receive the award for academic leadership.
Pavani Latha, Ramana and their daughter were on a pilgrimage to Shirdi.
The Bihar government set up the Bihar Roots Foundation to help connect people of Bihar origin in different parts of the world to the land of their ancestors and preserve their ancestral language, Bhojpuri. But it needs to do more to preserve the language and its heritage in Bihar
In his inaugural speech, Overseas Indian Affairs Minister Vayalar Ravi invited the 25-million strong diaspora to be part of the 'India growth story' and take the country forward in diverse sectors.
Just three years ago, at the end of March 2011, NRI deposits were only $52 billion, half of what they are today.
Many Indian graduates today have neither the knowledge nor talent, which the industry needs. Hiring overseas professionals is inevitable, writes Thothathri Raman, chairman, SEAA Trust, New Delhi, the global accreditation advocacy and facilitation organisation.
A large number of NRIs having origins in these states are understood to have been defrauded by many such companies, including the Saradha group.
Five persons of Indian-origin have been honoured by Indian Overseas Congress, UK, for outstanding work in their respective fields, in a ceremony organised to mark 60 years of Indian independence in London.
'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.
US-based NRI entrepreneurs Venkatesh Tadinanda and Pradeep Shenoy and Hyderabad-based entrepreneur Indira Porwal have launched an AP Investment Fund worth $7 million.
National carrier Indian has been voted the most preferred airline of Indian expatriates living in the UAE, according to an opinion poll.
Non-Resident Indians are not eligible for grant of overseas citizens of India registration as they are Indian Citizens, Minister of State for Home Sriprakash Jaiswal informed the Rajya Sabha on Wednesday.
Under the existing provisions, non-residents' income from interests, royalties or fees for technical services is taxable in India; but, there must be sufficient territorial nexus between such income and the territory of India.
Indian expatriates in UAE have raised a fund of over Rs 62 lakh to help fellow countrymen languishing in prisons because of their inability to pay blood money.
Indian embassies in the Gulf region have advised Non-Resident Indians staying in the region not to carry large amount of Indian currency when travelling to India.
The government said remittances from abroad will not attract service tax, putting to rest the concerns raised in view of new tax norms.
Two Indian-origin men are among six people jailed over a multi-million-pound cyber racket that involved the design, production and sale of fake identities and the management of online forums where clients were coached on how to commit fraud. The six sentenced on Friday at the Southwark Crown Court for a catalogue of fraud offences include Jaipal Singh, 31, who is a director of a telecom company based in the West Midlands, and student Arun Thear, 22.
As many as 12 Indians, and four of Indian origin (three Indian Americans and one Indian Canadian), feature among the 197 Young Global Leaders named by the World Economic Forum on Wednesday.
Despite the presence of renowned economists and entrepreneurs, it was Kiran Bedi, a retired police officer-turned activist, who stole the show at the Eighth Annual Indian Business Conference at the Columbia University last week. Suman Mozumder reports
The new Direct Tax Code is expected to result in a higher tax-to-GDP ratio, reduce compliance costs, lower the administrative burden, discourage corruption and most importantly, improve equity both horizontal and vertical.
