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News for 'Non-Resident'

Indian students, families caught up in UK flight suspension

Indian students, families caught up in UK flight suspension

Rediff.com22 Dec 2020

Diaspora groups in the UK urged for calm and advised non-resident Indians and people of Indian origin to follow the new lockdown rules, which mean a majority of the UK is under the strictest lockdown with all non-essential businesses now closed.

Protesting farmers head home after a year; aircraft showers petals

Protesting farmers head home after a year; aircraft showers petals

Rediff.com11 Dec 2021

Emotions ran high as the farmers performed ardas (prayers) and havan to thank the almighty and started their 'victory march' from Singhu, Tikri and Ghazipur protest sites to Punjab, Haryana and Uttar Pradesh in convoys of tractors, bedecked with colourful flowers and lights and blaring songs of jubilation.

Indians can invest up to $125,000 overseas annually

Indians can invest up to $125,000 overseas annually

Rediff.com3 Jun 2014

Currently, non-residents visiting India are not allowed to take out any Indian currency while leaving the country.

Budget: Easier tax administration to boost revenue

Budget: Easier tax administration to boost revenue

Rediff.com2 Feb 2021

The Budget proposed abolishing the under-performing, authority of advance ruling, to replace it with a two-member board of advance ruling.

Google tax mop-up drops 30% in Q1

Google tax mop-up drops 30% in Q1

Rediff.com16 Jul 2020

E-commerce companies that fall within the scope of the equalisation levy include Adobe, Uber, Udemy, Zoom.us, Expedia, Alibaba, Ikea, LinkedIn, Spotify, and eBay.

Japan and IOC say Olympics will NOT be cancelled

Japan and IOC say Olympics will NOT be cancelled

Rediff.com23 Jan 2021

A government spokesman said there was "no truth" to a report in Britain's Times newspaper that the government had privately concluded the Games would have to be cancelled.

Banks revise FCNR deposit rates

Banks revise FCNR deposit rates

Rediff.com3 Jun 2008

Foreign currency non-resident bank FCNR (B) deposits in dollar, having maturity of one year to less than two years, would now attract an interest rate of 2.41 per cent as compared to 2.33 per cent earlier. Rate of interest for deposits with 2-3 years maturity has been revised to 2.71 per cent from 2.43 per cent earlier. For deposits having a maturity of five years, the rate has been revised to 3.47 per cent, against 3.11 per cent earlier, the banks said.

Settle your financial affairs before moving abroad

Settle your financial affairs before moving abroad

Rediff.com18 Sep 2016

Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts

No officer has done anything wrong: Chidambaram's tweet from jail

No officer has done anything wrong: Chidambaram's tweet from jail

Rediff.com9 Sep 2019

The veteran Congress leader said people asked him why only he had been arrested, but he had no answer.

Interest on NRE deposits is tax-free in India

Interest on NRE deposits is tax-free in India

Rediff.com10 Apr 2008

A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.

Ask Anil: Your Tax Queries Answered

Ask Anil: Your Tax Queries Answered

Rediff.com13 Jul 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Trump threatens to file suits in all states won by Biden

Trump threatens to file suits in all states won by Biden

Rediff.com6 Nov 2020

Nevada is the fourth State where the Trump Campaign has filed a lawsuit. United States President Donald Trump, who has 214 votes so far, has filed lawsuits in Pennsylvania, Georgia, Michigan and demanded recounting of votes in Wisconsin.

NRIs need to show old notes to Customs at airports

NRIs need to show old notes to Customs at airports

Rediff.com2 Jan 2017

Non-Resident Indians and Indian nationals abroad can deposit up to Rs 25,000 of the demonetised currency during the 3-6 month grace period, but only if they show the junked notes to Customs officials at the airport and get a declaration form stamped.

RBI clarifies on owned or controlled issue

RBI clarifies on owned or controlled issue

Rediff.com4 Jul 2013

Amidst debate over control of Jet Airways post UAE's Etihad buying stake, the RBI on Thursday notified FDI guidelines defining control of a company, saying that a firm will be said to be controlled by non-residents if they have powers to appoint majority of the directors.

Centre issues notification for NRI voting

Centre issues notification for NRI voting

Rediff.com24 Nov 2010

A longstanding wish of millions of Non Resident Indians for voting right in India has come true with the Centre issuing a notification to this effect to enable them to exercise their franchise.Parliament had in the monsoon session passed the Representation of People (Amendment) Bill, 2010 to allow NRIs to vote in Indian elections and now government has issued a gazette notification in this regard.

Collections, cash flows of top-3 realtors hit in Q1

Collections, cash flows of top-3 realtors hit in Q1

Rediff.com7 Aug 2020

However, both developers as well as analysts are hopeful that these business metrics will pick up once activity resumes.

Bihar poll: A pot boiler of a movie

Bihar poll: A pot boiler of a movie

Rediff.com6 Oct 2020

Who will walk away into the sunset at the end? The reigning superstar who has given three mega blockbusters in 2005, 2010 and 2015? Or the fresh faced son of a former star trying to make a mark for himself, asks Asmita Bihari.

MFs' exit load, late payment charges on credit card attract GST

MFs' exit load, late payment charges on credit card attract GST

Rediff.com4 Jun 2018

In a set of FAQs on applicability of Goods and Services Tax on banking, insurance and stock brokers sectors, the revenue department has clarified that transactions relating to securitisation, derivatives, future and forward contracts are exempt.

Yes Bank launches internet banking for NRIs

Yes Bank launches internet banking for NRIs

Rediff.com17 Nov 2005

Customers can electronically transfer money instantly to more than 1,000 branches of banks across India.

OCI card holders won't need old passports for India travel

OCI card holders won't need old passports for India travel

Rediff.com30 Mar 2021

However, under the new provisions, OCI cardholders need to carry their new passport.

What to do when the taxman pops up online

What to do when the taxman pops up online

Rediff.com7 Mar 2016

Any company resident in a country has to pay both indirect taxes as well as Income Tax.

NRIs, expats making a beeline for jobs in India

NRIs, expats making a beeline for jobs in India

Rediff.com22 Mar 2010

There has been an upsurge in hiring of Non-Resident Indians and expats by companies in the country in the past two years, thanks to improved infrastructure and competitive compensation levels, experts say.

ICICI Bank hikes NRI deposit rates

ICICI Bank hikes NRI deposit rates

Rediff.com1 Jun 2006

ICICI Bank on Thursday hiked interest rates on deposits of Non-Resident Indians.

NRIs, PIOs cannot open PPF accounts

NRIs, PIOs cannot open PPF accounts

Rediff.com9 Mar 2010

GSR 592(E) states that all NRIs -- including PIO like your son -- are not eligible to open PPF accounts. The accounts opened prior to all these dates are allowed to run up to their maturity but no extension or renewal can be made.

Budget plugs tax loophole

Budget plugs tax loophole

Rediff.com8 Mar 2010

Mechanism for non-resident service providers made stricter.

Over 32,000 Indians in UAE register to return home

Over 32,000 Indians in UAE register to return home

Rediff.com1 May 2020

"Workers in acute distress, medical cases, pregnant women, the elderly and the group of Indians stranded in Dubai Airport," are likely to get first priority when the government resumes services for repatriation, he said.

Will probated in the US not recognised in India

Will probated in the US not recognised in India

Rediff.com19 Aug 2009

It is necessary to get the same probated in India also.

NRIs pledge $2.7 bn for development

NRIs pledge $2.7 bn for development

Rediff.com9 Dec 2004

Non-resident Indians have offered to invest $2.7 billion for developing a city within a city, Minister for Non-Resident Affairs Jagdish Tytler said on Thursday.

Mallya can be regarded as a 'fugitive from justice': UK high court

Mallya can be regarded as a 'fugitive from justice': UK high court

Rediff.com10 May 2018

The high court remained unconvinced by Mallya's claim that he has been a non-resident Indian since 1988 and has lived in England since 1992, a country where he has indefinite leave to remain

Game of Thrones in Bihar

Game of Thrones in Bihar

Rediff.com1 Oct 2020

Anyone can make tall promises and it is very easy to accept these promises if they guarantee even an iota of betterment for you, for your existence. Even if these new promises and assurances are accepted with a pinch of salt and discount the actual execution to 50%, even then the Bihari voter will be content, observes Asmita Bihari.

Coming soon: The 'Google Tax'

Coming soon: The 'Google Tax'

Rediff.com27 Dec 2016

Downloading songs, movies, books? You may have to pay tax on it.

Ficci draws up the roadmap for Unlock 3.0

Ficci draws up the roadmap for Unlock 3.0

Rediff.com27 Jul 2020

The industry chamber is in favour of reopening schools and educational institutions, allowing foreign carriers to operate, permitting usage of restaurants and eateries in hotels, opening up of cinemas and multiplexes, and reopening metro rail services.

RBI revises norms on NRI deposits

RBI revises norms on NRI deposits

Rediff.com24 Apr 2004

Deposits by NRIs with persons other than authorised dealers or banks, out of inward remittances from overseas or by debit to NRE or FCNR(B) accounts, will not be permitted with immediate effect.

Bridge or no bridge, Biharis always reach their destination

Bridge or no bridge, Biharis always reach their destination

Rediff.com22 Sep 2020

If you are a Bihari, you come with built-in patience and acceptance, points out Asmita Bihari.

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.

NRIs bullish on India's growth

NRIs bullish on India's growth

Rediff.com30 Jun 2009

The current global downturn has made India even more desirable to Non-Resident Indians who are bullish about the country's growth and continue to invest heavily in the country of their origin, a report said.

Banks' external loans dip by $8.46 bn

Banks' external loans dip by $8.46 bn

Rediff.com11 Dec 2008

The country's net international investment position declined by 6.45 per cent to $49.12 billion in June this year compared with $52.51 billion on March 31, 2008, indicating net claims of non-residents on India.

Rights issue pricing norms for NRIs tightened

Rights issue pricing norms for NRIs tightened

Rediff.com29 Apr 2020

Experts said the rules will help curb market manipulation and money laundering, which could take place during the transfer of shares between residents and NRIs.

Coronavirus: 99 more who returned from China are under observation

Coronavirus: 99 more who returned from China are under observation

Rediff.com26 Jan 2020

Samples of these seven passengers have been sent to the ICMR-NIV Pune lab. Samples of four other passengers tested earlier have been confirmed to be negative for nCoV by the lab.

30 Years Later, Rao-Singh's Reforms Endure

30 Years Later, Rao-Singh's Reforms Endure

Rediff.com13 Jul 2021

But their trajectory and direction have been largely influenced by politics and the political leadership's understanding of how the economy needs to be managed, explains A K Bhattacharya.

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