Comedy, black, white or blue, is its effective best when spontaneous and born out of erratic, whimsical reactions against a perfectly genuine backdrop. Precisely why Phas Gaye Re Obama scores.
The deadline for linking PAN with Aadhaar for taxpayers was to end on Thursday.
A consortium of India's largest engineering company Larsen & Toubro (L&T) and non-resident Keralite (NRK) businessman P Mohamed Al-led Galfar Engineering & Contracting has bagged the design and development order for the New Salalah International Airport in the Sultanate of Oman for $764 million (Rs 3,452 crore).
Once approved by Parliament, there will be a complete ban on commercial surrogacy, but altruistic surrogacy will be permitted for needy infertile couples under strict regulations.
"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.
From the Gulf countries to Malaysia and the UK to the US, the multi-agency operation christened 'Vande Bharat Mission' will see the state-owned AI operate 64 flights till May 13 in the first phase to ferry around 15,000 Indian nationals from 12 countries.
Chief Minister Pinarayi Vijayan said on Wednesday the state government would approach Prime Minister Narendra Modi to clear hurdles, if any, in receiving the flood relief aid offered to the state by the UAE.
Stock to watch: Shipping Corporation and Great Eastern Shipping
The four recommendations came from Civil Aviation Minister Praful Patel, Minister for Overseas Indian Affairs,Vayalar Ravi, member of US Congress Joseph Crowley and Dalis Adler, staff associate, sub-committee on the Middle East and South Asia under the House Committee on Foreign Affairs.
Disclose foreign assets, redesignate NRO a/c and open a Resident Foreign Currency a/c to park forex earnings
Lauding the contribution of non-resident Indians in the development of the country, he said, 'Mahatma Gandhi, Sardar Patel, B R Ambedkar, Jawaharlal Nehru were all NRIs. They travelled the world and helped India with new perspectives.'
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The Hinduja brothers, who top Britain's rich list, said in a statement that Finance Minister Arun Jaitley's Budget had set the direction for a 'very positive long-term agenda'.
Defending the new foreign investment guidelines released this week, commerce and industry minister Kamal Nath said on Friday the norms would not distinguish between different forms of foreign capital.
Supporters of the proposal voiced their grievances at the gathering on how their properties were allegedly taken over by government, mafia and illegal occupants.
With controversy erupting over Padma Bhushan for Non Resident Indian hotelier Sant Singh Chatwal, the government stepped in to clear the air saying 'due diligence' was done before selection and that the Central Bureau of Investigation had closed three cases of financial irregularities against him.
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.
However, finance minister Pranab Mukerjee did not commit himself to this proposal of floating infrastructure bonds, as this requires detailed examination and Parliamentary nod.
According to the decision, such entities can now first operate through e-commerce and then open brick-and-mortar stores.
Christmas is a perfect time for most NRIs to travel back to India and include property buying in their schedule. Ahmedabad, Kochi, Ludhiana and Chandigarh are some cities that witness generous investments from NRI investors.
A full rollout of the products will be completed by March 2011 and the UK branch of SBI will be adding three branches over the existing seven to push its retail agenda. With this, SBI will take on local heavyweights in the mortgage segment such as HSBC, Barclays, NatWest, Lloyds and RBS.
It has been decided to reduce home loan rate by 20 basis points.
The Bengaluru police are investigating the alleged threat call made to spiritual leader Sri Sri Ravishankar's Art of Living organisation three days ago.Recently, the AoL lodged a complaint alleging that someone had demanded Rs 42 crore from the organisation and threatened to tarnish its reputation if it failed to pay the amount.A day later, non-resident Indian Paul P alleged that AoL grabbed 15 acres of land on Kanakapura Road near Bengaluru where the AoL ashram is situated.
The allegation comes a day after AoL stated it had received extortion calls demanding Rs 42 crore, failing which the institution would be defamed.
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.
Section 195 casts an obligation on the person responsible for payment to non-resident to deduct tax at source at the time of payment or at the time of credit of the sum to the account of the non-resident.
The government has decided to do away with the various classifications of foreign investments for the purpose of calculating foreign investment in downstream companies.
C K Prahalad, has been voted as the most influential living management thinker for the second time in a row.
The proposed takeover of Cairn Energy's India business could see Non-Resident Indian billionaire Anil Agarwal emerging as the richest promoter of a corporate house in India ahead of Mukesh Ambani, who has ruled the list for long.
He, however, added that most of the private hospitals in Delhi were good and only a couple of them were indulging in such malpractice.
Breaking more walls for non-resident Indians, Minister for Overseas Affairs announced that Indians abroad could take active part in the development process of the country.
But the question the Indian taxpayer is now asking is, who should pay for all this? The Indian government, using the taxpayers' money? The Indians who went there to make money, and have surely made enough of it to spend on securing their future? Or even the companies that sent Indians there to work on projects?
Domestic I-T laws require you to deduct tax on software, e-books and music albums; must report every such transactions while filing returns.
Congress chief Sonia Gandhi and Uttar Pradesh Chief Minister Mayawati are among the four Indians named in the Financial Times list of '50 People Who Shaped the Decade.'
Sri Sri Ravi Shankar speaks about the land-grabbing allegations, the Swami Nityananda sex scandal and his interaction with Naxal leaders.
Banking laws for NRIs allow for the following deposit schemes, or simply put, accounts with authorized dealers -- banks and financial institutions authorized by Reserve Bank of India to deal in foreign exchange -- to be maintained in Indian rupees and in foreign currency.
A longstanding demand for voting rights in India by millions of Non Resident Indians may finally see the light of the day with a group of ministers clearing a draft bill on the issue, paving way for its consideration by the Union cabinet.
If foreigners need reasonable taxes, why offer citizens something else? If foreign businessmen look for assurance on the rule of law, so do citizens, argues T N Ninan.
Non-resident Indian businessman C Sivasankaran's Sterling Infotech group is in talks with the Seychelles government to lease an island for 99 years, on which it plans to build an integrated mega township and tourism project.
The move, he said, would enable the Authority for Advance Rulings set up under the Income Tax Act 1961 to also function as the Authority for Advance Rulings for Indirect Taxes. The AAR was established to address the taxability issues of NRI assessees. The assessees can put in an application to the authority and seek judgement on their tax issues.
