In a set of FAQs on applicability of Goods and Services Tax on banking, insurance and stock brokers sectors, the revenue department has clarified that transactions relating to securitisation, derivatives, future and forward contracts are exempt.
It can be an useful tool in achieving the objective of Pradhan Mantri's Jan Dhan Yojana
A large number of Gujarati Non-Resident Indians have landed in their native state to lend support to political parties they are backing in the upcoming assembly election, due on December 11 and 16.
Rushdie has been awarded for his services to Literature in the Queen's Birthday Honours List, which recognises the achievements of 19 other NRIs as well.
More than 34,000 doctors, including a sizeable number of NRIs, are chasing 18,500 training posts due to start in August.
The launch of the enhanced version marks an important step by Airtel to further strengthen its focus on the 2.5 million NRIs in the US, Airtel said. The CallHome is a service which helps users make calls from the US to India. Airtel CallHome service was first launched in the US in December 2006.
Human trafficking has been a concern and it got serious after recent detection of alleged involvement of MPs in the illegal activity.
The gain in the value of the rupee has been beneficial to the foreign investor. If you invest in the assets of a currency that appreciates (as the rupee has done) then you benefit.
Are you a salaried employee and a bit confused by how much tax your employer is deducting at source from your salary? If at all tax is deducted at source, do you know how to plan to save taxes? Get ahead tax expert has the answers.
Emigration, probably Kerala's top foreign exchange earner since the '70s, is now declining says the study by the Non-Resident Keralites' Affairs Department, a state government agency in Thiruvananthapuram set up to look after the NRIs.
On the eve of the sixth PBD, Union Minister for Overseas Indian Affairs Vayalar Ravi clears the air about these perceptions and explains to rediff.com's Krishnakumar how this year's event will bridge the gap between the Indians abroad and Indians back home.
'A pandemic like this will leave behind a trail of political, economic, social and psychological scars.' Coronavirus is going to impact every being on earth even if they do not contract it.' 'Everyone will pay a price,' cautions Ramesh Menon.
Cochin International Airport may team up with some domestic airlines to launch a budget carrier for the Gulf destinations.
In all, around 45,000 illegal immigrants have been repatriated by the United Arab Emirates. While sources claim that at least 50 in AP have committed suicide after being deported, the government says that the official figure is just 10.
Prime Minister Narendra Modi on Monday told a rapturous crowd of NRIs that Persons of Indian Origin cardholders will get a lifetime Indian visa and that American tourists will be given visa on arrival.
GST will now apply to mutual funds, loan instalments and credit card dues.
About 13 per cent of the funds remitted by Non-Resident Indians (NRIs) in 2006 were invested in equity and real estate. While 20 per cent of the funds are parked in bank deposits.
As if there weren't enough, a spate of new television channels will launch this year against all rational thinking.
In their bid to cash in on the popularity of IPL among Indian diaspora, Indian Test captain Virat Kohli could be pitted against limited overs skipper Mahendra Singh Dhoni in exhibition matches for their respective franchises in the United States. According to highly placed sources in the BCCI, three franchises namely Mumbai Indians, RCB and Rising Pune Supergiants have expressed their desire to play some exhibition matches in the US where there is a sizeable Indian and South Asian population. "The matter is expected to be discussed at the IPL Governing Council in Bengaluru before start of the final match on Sunday. The venue is tentatively Houston," a senior BCCI official told PTI on Saturday. "However the dates need to be chalked out. Earlier, it was being discussed it would happen in the window available between India's tour of Zimbabwe and West Indies. But it could now be held in September also. All three teams are expected to play against each other. Obviously, major attractions will be Kohli and Dhoni," the official said.
Rejecting the allegation of illegally receiving foreign funds, Aam Aadmi Party has told the Delhi high court that it got donations worth Rs 30 crore from Indian citizens only, out which about Rs 8.5 crore came from NRIs.
Your bank shocks you by revising the interest rate on the home loan you had availed of a couple of years ago. And obviously you don't know what to do. Here's help.
Names of 100,000 a/c holders in HSBC's Swiss unit recently became public.
Check out the best things that happened in the business world
"The President was very enthusiastic when we told him we want to give this award to Qader," said MIOA Deputy Secretary Mahesh Arora.
Rahul would know that fealty can be a fickle thing, and that if the Congress bucks the trend and actually wins the next national election, selfies with him would find their way from phones to walls, replacing those taken with Modi.
'At its peak, COVID-19 in Korea felt like half-disaster, half-disaster movie.'
The Income Tax Act empowers the CBDT to capture information in respect of payments to non-residents, whether taxable or not
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Dena Bank entered into rupee drawing arrangement with UAE Exchange Centre LLC, Abu Dhabi, the largest Exchange Houses in UAE.
With an unexpected new turn in Kashmir, an ominous Afghanistan, a reliably unpredictable Trump, and an unfathomable reversal with RCEP, Modi may have to reinvent his character, suggests Ambassador B S Prakash.
Banks had raised about $34 billion through the FCNR (B) from deposits from NRIs in September 2013.
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