The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident of India for tax purposes if you stay in the country for more than 120 days in a financial year and 365 days in the past four years. One consequence of the change will be that people of Indian origin who reside outside India will be able to spend a smaller number of days in the country if they wish to keep their non-resident status intact, points out Sanjay Kumar Singh.
Executive search firm MANCER Consulting CEO Satya D Sinha said that "the concept of expat hiring at top level management has always been prevalent across glob
Right ahead of her first India tour, the Duchess of Cambridge Kate Middleton showed us how to dress diplomatically!
Lease and maintenance rentals of aircraft, salaries to expatriate pilots, parking and landing rates at international airports and jet fuel prices are all dollar-denominated costs.
With the global financial crisis affecting Indians in the Gulf region, Vice President Hamid Ansari has said the Indian government was mulling steps to ensure the welfare of expatriates reeling under the meltdown.
Expatriates working in India and some Indians working abroad for an Indian employer are required to make mandatory contributions to the Indian government's statutory provident fund.
Ashraf Thamarassery was among the few who were present in the embalming room in Dubai.
'The Post's coverage is not an authentic public discourse guided by unbiased Western intellectuals, but a slanted doomsday propaganda orchestrated by Indians and expatriate Indians,' argues Vivek Gumaste.
India's new tax policy which makes it mandatory to disclose foreign is not so common in developed countries.
We check out a few super-luxury homes on offer in metros that come with a garden and a swimming pool.
Like many other Indian companies, the Tata group too has globalised in the past decade. It is a testimony to the success of Indian enterprise in the global marketplace that many of them have done well, in the face of severe competition.
The steep fall of the Rupee is not just making things scary for the Indian economy and economists.
The idea is "not easy to implement since there are many stakeholders, though the government has been able to fix a minimum wage structure for maids," Vayalar Ravi, the minister of overseas Indian affairs, told PTI. There are nearly five million Indian working in the Gulf countries, but rising inflation in the region has made the condition of the blue-collar workers difficult since they are unable to save money locally or remit them back to India.
'I am hoping that now with the strategic status of our relationship, the Indian voice will get heard in Saudi Arabia,' says Ambassador B S Prakash.
The pilots asked the management to give them a firm commitment on laying off the airline's 240-odd expatriate pilots, most of whom are commanders and receive salaries 50 per cent higher than their Indian counterparts. To deliver immediately on the Indian pilots' demand will be tough call for the airline. "If the stalemate continues the airline is prepared to tell the pilots to either take the salary cut offer or go," said a senior executive.
Mumbai Police Commissioner Ahmad Javed has been appointed the country's ambassador to Saudi Arabia, which has a 2.8 million-strong Indian community.
Improving economy and investment in Indian carriers and hotels by global companies is likely to lead to hiring for aviation and hospitality sectors witnessing up to 40 per cent growth in 2015, according to experts.
Prime Minister Modi will be conferred with the Maldives' highest honour "Rule of Nishan Izzuddeen".
An online advertisement for a project manager's job posted in late December -- "Non-Indians preferred" it said bluntly.
At present, MSI has a staff strength of 7,500 employees. Enrollment in the next fiscal will be higher than the 800 people recruited this fiscal by the company.
The brain drain, it seems, is passe. India is becoming one of the hottest destinations for expatriates (both those of Indian origin and foreigners) for top jobs. That is because big business houses in India are ready to offer pay packets that are equivalent to and sometimes more than global benchmarks. This is a key finding of a study of senior recruitment trends by US-based SpencerStuart, a leading executive search firm that specialises in recruiting CEOs, presidents and COO
'It was incredibly heart-wrenching to see people waiting to be evacuated -- children, parents and grandparents. Many families did not get to leave together. An order of priority was drawn up, and the first ones to be evacuated were pregnant women, single and/or older women and dialysis patients. Most were happy to be on the plane but also very distressed to have left behind family and friends.'
The new return forms also make life easier for expatriates.
Expatriate Indians living in the United States want the White House to celebrate Diwali, continuing the trend of last two years.
Expatriates from Kerala have launched a campaign against government carriers Air India and Indian Airlines for frequently cancelling and delaying flights at the Calicut International airport and demanded an open sky policy for international carriers.
The 750-strong Jet Airways pilots, represented by the Society for Welfare of Indian Pilots, plan to ask the management to do away with around 120 of the 280-odd expatriate pilots on contract with the airline before accepting a salary cut.
'We could crack IM modules in the country because one arrested member would spill beans on the other.' 'With ISIS, every module is different and is possibly being handled by different operators abroad.'
The Wadia family-owned GoAir, the country's smallest low-cost carrier, has decided to retrench 10 per cent of its staff. This, it hopes, will help prune its wage bill by 40 per cent -- a clear indication that the axe will fall on several senior-level jobs.
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.
In a landmark move, India may allow its expatriates to trade in commodities. The decision is aimed at expanding the country's $750-billion futures market.
Expat friendly new Saudi labour law increases annual leave from 15 to 21 days and to 30 days for those who have completed five years of service. The law also urges employers to pay end-of-service awards.
His agent Simon Bayliss said the 22-year-old striker is not interested in playing for India and is all set to pursue his career in England.
There are over 200 million people worldwide who live and work away from their homes and these people, in 2005, remitted over $230 billion.
High airfares have forced several expatriate workers, including Indians, wanting to leave the UAE under an amnesty announced by the government, to take the risky sea route by traveling in boats.
'That the Indian nationals have been sighted, they are unharmed, they are in captivity, and we know their captors. This is the sort of information I think everybody has the right to know and we would share it. Information beyond that we feel would be detrimental to the safety of those who are in captivity and it is not at all in the interest of our countrymen to share that information,' says MEA spokesperson Syed Akbaruddin.
Soaring real estate prices are leaving a big hole in expatriates' pockets too, with Mumbai being ranked as the costliest city in India for them.
Forex inflows may slow down and banks may be deprived of cheap funds if the government accepts Reserve Bank of India's suggestion to tax non-resident Indian deposits, bankers warned on Wednesday.
Nearly two weeks after drone and missile attacks on its vital oil facilities, Saudi Arabia has said it is enhancing cooperation with India to combat terrorism, including choking funds to terror networks and exchange of information and intelligence.
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