Prime Minister Manmohan Singh on Sunday told the ongoing Pravasi Bharatiya Divas at Jaipur that Non Resident Indians should be allowed to vote and participate in the election process. Some NRIs at the event tell A Ganesh Nadar what the PM's statement means to them
'Somewhere, I have to be true to myself. At this point in life, I am more interested in human drama.'
Two police officers from Punjab, S K Sharma, additional director general of police, and Gurpreet Kaur Deo, inspector general of police (non-resident Indian affairs), were in the San Francisco Bay Area December 13 to address the grievances of the community.
Most developers Business Standard spoke to claimed a 25 to 30 per cent spurt in sales to NRIs over the last two months.
It was primarily due to a higher trade deficit ($41.6 billion) brought about by a larger increase in merchandise import.
The new return forms also make life easier for expatriates.
Non-resident Indians are investing in well-established small and medium enterprises in India
It's baffling that highly trained professionals who have migrated in search of better incomes and creature comforts, and whose number includes some 200,000 millionaires, should still feel so vehemently about the landscape they have abandoned.
According to a study by MyHiringClub.com, a recruitment tendering platform, hiring of NRIs accounted for 21 per cent of total recruitment activity during April-June, 2011, compared to 16 per cent in the year-ago period, representing a growth of 5 per cent.
The Income Tax Department has slapped a Rs 1,067-crore demand notice on telecom giant Bharti Airtel for non-payment of TDS dues in the last four financial years in connection with its overseas operations, even as the company said it was fully compliant with all the provisions.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
After private banks, it is now the turn of large public sector banks to raise interest rates on non-resident (external) rupee (NRE) deposits after the central bank lifted the cap on rates for these deposits.
The Securities and Exchange Board of India will notify the rules by August 1.
Hit by sluggish sales at home, realtors are wooing non-resident Indians (NRIs). A slew of property exhibitions have been lined up at Dubai, Singapore, London, Durban and New York over the next three-four months.
We check out a few super-luxury homes on offer in metros that come with a garden and a swimming pool.
The note recommends allowing FDI in domestic firms through the issue of partly-paid up shares and convertible warrants, but with certain riders.
The Reserve Bank has notified that all transfer of stake or interest in an oil and gas field to non-residents will be treated as FDI and will have to be reported under Foreign Exchange Management Act (FEMA).
India is on the brink of overhauling its tax system, implementing the BEPS project and seeing a further evolution of the GST at the same time as a general election. This makes 2019 an exciting and challenging year, note Maulik Doshi and Jigar Doshi.
Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors.
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
As far as people like Kamala Harris are concerned, it's okay to share a culture, but wrong to play domestic Indian politics during American elections,' notes Vir Sanghvi.
Millions of NRIs wishing to get voting rights may have to wait a little longer to see their names in electoral rolls as differences between the government and the Election Commission have resulted in a delay in finalising the modalities for enrolment.Overseas Indian Affairs Minister Vayalar Ravi on Tuesday said two rounds of discussions have already been held between the Election Commission, the external affairs ministry and his ministry to finalise the modalities.
The Reserve Bank on Thursday eased foreign direct investment (FDI) norms and allowed banks to provide guarantees on behalf of NRIs to acquire shares and debentures in Indian companies.
Sivasankran alleges Maran had forced him to sell Aircel.
A United States-based Non-Resident Indian has been booked for allegedly posting a morphed picture of Goa's PWD Minister Sudin Dhavalikar in a bikini on social networking site Facebook.
'Coronavirus has occasioned us to see how copious Modi's mojo bag is,' says Shreekant Sambrani.
Civil Aviation Minister Suresh Prabhu and Chief Minister Pinarayi Vijayan jointly flagged off the inaugural Air India Express flight, carrying 186 passengers to Abu Dhabi.
Private sector lender ICICI Bank on Monday launched I-Express, an instant cross-border money transfer option for Non-Resident Indians (NRIs).
The widening of the CAD on a year-on-year basis was primarily on account of a higher trade deficit at $50 billion
Good days never come. The slogan of achhe din is a bone stuck in the throat for the National Democratic Alliance government, Gadkari said.
The total amount of money stashed away in tax havens has been estimated at a whopping $11.5 trillion.
To provide similar extended time limit for payment of tax deducted from payments made to non-residents, it is proposed that the deductor shall be allowed to claim deduction for payments made to non-residents in the previous year of payment.
The real estate industry will witness new launches in the premium residential segment in 2011, on the back of demand revival and good prospects in the economy, albeit at a slower pace.
At the annual Pravasi Bharatiya Divas, organised by the government ostensibly to celebrate the country's connection with the 27-million-strong Indian diaspora living in 150 countries, Mr Ahluwalia said last Sunday that India was reaching out to NRIs not for their money, but because it valued the long, socio-cultural footprint all Indians living in India and abroad shared.
The Election Commission's insistence on physical verification of millions of non-resident Indians wishing to get voting rights has led to delay in finalizing modalities for entry of their names in electoral rolls.
Replying to a debate on the Representation of People (Amendment) Bill, 2010 to allow NRIs to exercise their franchise in Indian elections, Law Minister M Veerappa Moily said the government would hold a national consultation on comprehensive electoral reforms in two to three months.The Rajya Sabha had passed the bill on Monday.
Monster.com says their logged number of non-resident Indians seeking jobs back in India has grown 65 per cent in the past year.
The Budget has relaxed a few safe harbour rules that aim to make it easier for fund managers overseeing offshore India-focused funds to relocate to the country.
Noted economist Arvind Panagariya says India is an emerging power. With liberalisation, Indian entrepreneurs have emerged and they are top class.
