The Non-Resident Indians (NRIs) living in the US, UK, Canada and Singapore can now avail the benefit of a lesser tax deduction on their Non-Resident fixed deposit with ICICI Bank, a top bank official said in Mumbai. The NRO FD Plus offers the benefit of concessional rate of tax deducted at source (TDS) under the Double Taxation Avoidance Agreement (DTAA) of India with these countries, ICICI Bank General Manager and Head NRI Services Manish Mishra said.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
Akbar had resigned as junior external affairs minister in the wake of allegation of sexual misconduct during his tenure as a senior editor. The alleged incidents came to light during the #MeToo movement. Akbar had denied the allegations.
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
Two UK-based academicians, including an NRI, claim to have devised a way to invent new medicines and get them to market cheaply to enable millions in poor countries to be cured of infectious diseases.
Less than six months ago, Delhi was gasping for breath. Authorities said air quality had reached "unbearable levels". Schools were shut, flights were diverted, and people were asked to wear masks, avoid polluted areas and keep doors and windows closed. But during the lockdown that began on Mar 22, the concentration of poisonous PM2.5 particles in a cubic metre of air averaged at 44.18, according to a Reuters analysis of government data, indicating a rare "good" rating, the safest level on the scale.
But due to SEC diktats, funds that are US-based -- like Templeton, Fidelity and HSBC -- do not accept investments from NRIs.
There has been sizeable rise in external commercial borrowing and and rupee denominated Non-resident Indian deposits.
So which film is releasing at a theatre near you? We tell you, right here!
On becoming an NRI, legally you are required to inform all your banks and also all the companies where you have investments about the change in your status within a reasonable time.
Joining the likes of N R Narayana Murthy and Azim Premji to blame the Indian government for policy inaction, UK-based NRI billionaire L N Mittal said the country is potentially condemning millions to remain in poverty by not helping industrialisation.
Christopher Wylie deposed before the House of Commons Digital, Culture, Media and Sport Committee amid an escalating row around alleged Facebook data breaches linked with the controversial UK-based company, which has also been linked with alleged attempts to influence elections in India.
Suspended Rajasthan Royals Raj Kundra sought heavenly intervention while his Bollywood actress wife Shilpa Shetty took solace from her mother's comforting words as the duo dealt with the tough times that have followed the NRI businessman's questioning by the Delhi Police.
Short-term gains from shares are taxable
Lord Paul, who is also the Chancellor of the University of Wolverhampton and University of Westminster, quoted a recent report which pegged the annual economic output generated by universities in England at 73 billion pounds.
British Minister of State for Immigration and Citizenship Tony McNulty presented the award to Bilimoria, who is the youngest chancellor of the Thames Valley University.
For Jet's revival, Mr Jalan should be on the scene long enough for everyone to get to know him, appreciate his skills, and not vanish into thin air within a matter of months or even weeks, observes Anjuli Bhargava.
Kajal Aggarwal Jayasudha and Kamalinee Mukherjee, Prakash Raj and Meka Srikkanth also feature in this family entertainer.
'The idea is to sideline you, box you up in a smaller box, so you don't go out of that.' 'The bigger boxes are for their own people.'
Right from the first week, Women and Child Development Minister Maneka Gandhi said, the BJP-led government showed "zero tolerance" towards brutalities against women. "I am confident that a time of gender equality would come. We ensured women gets the basic necessities of toilets, electricity and gas cylinders to make their lives easy."
The Centre on Monday told the Supreme Court that the Election Commission's recommendation to extend voting rights to NRIs through postal ballots has been accepted in letter and spirit.
Like there's no dearth of memorable bus scenes and train imagery in Hindi movies, planes are equally prolific on silver screen.
Noting its role in reviving the US economy and creating jobs, President Barack Obama will visit a steel plant owned by NRI tycoon Lakshmi Mittal whose company is the largest supplier of steel to the US auto manufacturing sector.
NRI sentenced for 5 1/2 years for producing fake Viagra
Political stalwarts Murli Manohar Joshi, Sharad Pawar and former Lok Sabha speaker P A Sangma, cricketer Virat Kohli and Carnatic musician K J Yesudas were among the 89 people who were selected for this year's Padma awards.
A decision on whether Rajasthan Royals co-owner Raj Kundra will be present at the venue during the Champions League Twenty20 will be taken after the IPL Governing Council formally clears the NRI businessman in the IPL spot-fixing and betting scandal.
With the rift in AAP deepening, NRI supporters of the party have appealed to its leadership to stand united and resolve all their differences peacefully.
The Intelligence Bureau has in a report to the government suggested a re-think while issuing the cards.