The limit under the Liberalized Remittance Scheme (that was earlier $200,000 and now brought down to $75,000) is applicable per person per financial year.
The e-filing website of the I-T department would now provide a facility to pre-validate bank account details.
Indrani and Peter Mukerjea seemed more at ease on Wednesday, maybe with the INX Media interrogation over temporarily, chatting cheerfully and easily amongst themselves, and with former husband Sanjeev Khanna, at the back of the courtroom, in the accused enclosure.
Other private banks also planning to employ bots soon
Some simple tips can help you in better understanding of your CIBIL Report.
The Unified Payment Interface could propel banking into a new era
A summary of sports events and sports persons, who made news on Wednesday
The need of the hour, as the Supreme Court readies to rule on the constitutionality of Aadhaar, is for the UIDAI to fix the bugs, says Geetanjali Krishna, in the second and final part of her series.
Apollo Hospitals group is open to investing in health care start-ups says its director Sangita Reddy.
'There is a design of fundamentalists that the north east must become an Islamic country.'
The political landscape of Bihar is set to change as the Congress, the Rashtriya Janata Dal and Ram Vilas Paswan's Lok Janshakti Party are in the final stages of putting together an alliance for the Lok Sabha polls.
The recently busted pan-India terror module was in "constant touch" with people perceived to be close to Abu Bakr al-Baghdadi, the feared leader of the Islamic State, receiving instructions for carrying out explosions at important places ahead of the Republic day.
Here's your weekly digest of the craziest and funniest stories from around the world.
Investigators in the sensational Sheena Bora murder case are not ruling out the "honour killing" angle after it came to light that both Peter Mukherjea and main accused Indrani allegedly disapproved of the "relationship" between his son Rahul and the victim.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
'While the GST is structured to be an all-encompassing tax and to create a vastly expanded digital network of recorded transactions, no one knows how traders long used to avoiding taxes will apply their ingenuity,' says T N Ninan.
'A CEO is successful if he is able to retain the confidence of his shareholders. And the shareholders of India Inc have backed their prime minister-CEO to the hilt,' says Sudhir Bisht.
Axis Bank Managing Director & Chief Executive Officer Shikha Sharma on the new mechanism for non-performing loans, the bank's loan portfolio, industry outlook and the bank's future plans.
The simple ways you can get over weekday blues.
Mumbai dancers fuse lyrical hip hop and b-boying with elements of American cheerleading and trapeze-esque bits from the circus.
With a focus on direct, indirect, and corporate tax structures, the Budget 2016-17 offers a balanced taxation structure
A summary of sports events and sports persons, who made news on Monday
There is a perk for donating to parties. An individual who makes an eligible donation is entitled to get 100% tax deduction under Section 80GGC of the Income Tax Act.
Until Delhi and Beijing resolve outstanding border issues within an accelerated time frame, standoffs like Doklam will be repeated across various peaks along the Himalayas, says Mathew Maavak.
'I kept photographs of everyone. Because I was working for them.' 'Madam, Saab...' Shyamvar Rai, the approver in the case, said in a tone that tried to suggest that that would be a routine practice for a driver.
This is the story of a Bangalore-based startup that has been recycling e-waste. And why you should think twice before you throw away any of your electronic gadgets.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
Single mother Gauri Sawant hopes to change the way people view transgenders in India.
One couldn't help feeling a certain melancholy viewing these now vagrant documents and photographs that would never be rightfully cherished. The pictures spoke to you. They offered slices of extinguished lives. They breathed sadness too, for what could have been and will never be. The sweet promises that Life made and insolently, arrogantly never kept.
In the first tranche, the department will send out letters in 100,000 cases where the money spent is at least Rs 1 crore (Rs 10 million) each a year.
'It is for the first time that Modi has chosen someone as CM who happens to be a mass leader, a polarising figure, a vote catcher, a powerful orator and a Hindu mascot all at once -- qualities usually associated with Modi,' points out Rajeev Sharma.
It is all about a C and C model -- of choices and consequences -- for women. Women make choices about their lives and for each of them there will be consequences, Shell India Lubricants MD Mansi Madan Tripathy tells Jyoti Mukul.
Images from the World Cup match between South Africa and Zimbabwe at Hamilton, New Zealand.
The Survey shows fiscal consolidation despite slowdown in growth.
If it goes ahead, the combination would create the world's biggest exchange by revenue.
Amidst outrage expressed by members in Parliament, India on Wednesday asserted that it will intervene "effectively and specifically" to ensure the return and restoration of dignity of its Deputy Consul General in New York who has been arrested on charges of visa rules violation.
Even after filing your income tax return online, your job won't still be over! Here is a six-point checklist for taxpayers to be observed after e-filing of ITR.
Only in case of equities will the nominee will automatically get the money.
A successor to Mi 4, the 'i' in 4i reflects Xiaomi's focus on India even as the Chinese company is losing ground to Apple on home turf.