Hold US stocks under LRS? Here’s why you may not be able to gift them to NRI childrenIndian residents cannot gift US shares purchased through the LRS route to their NRI children. The liberalised remittance scheme requires sa...
HSBC wins $5.5 billion of NRI deposits via leveraged strategyHSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...
H-1B holders among 8 million who could benefit from new US green card billUS Senator Alex Padilla has renewed a bill that would update a decades-old immigration provision to create a green card pathway for more th...
Delhi: Three-storey building tilts; disaster management teams, police reach spot, in Delhi's Rohini Sector 16A three-storey building in Delhi's Geeta Colony tilted significantly on Tuesday. Local residents reported the building had been leaning for...
SIR enumeration forms haven't reached even 50% of residents in Delhi's villages, unauthorised colonies, says AAPThe Aam Aadmi Party claims widespread issues with voter list revisions in Delhi. Many residents in villages and unauthorized colonies did n...
AU Small Finance Bank raises NRI deposit rates by 30-60 basis pointsAU Small Finance Bank has increased its non-resident deposit rates by up to sixty basis points. The bank raised its peak interest rate on F...
The architecture of a turnaround: How Indiabulls turned its real estate vision into a very different kind of a bottom lineIndiabulls reported significant profit and revenue growth in FY26. The company's real estate business showed strong sales bookings and coll...
Japan plans tougher permanent residency norms for foreigners from OctoberJapan plans to tighten permanent residency rules as early as October by introducing a minimum income threshold, pension eligibility require...
Crypto exchanges to collect tax residency, ID details of users under new CBDT frameworkIndia now requires crypto exchanges to collect user tax residency details. Digital asset intermediaries must share transaction data annuall...
Planned development of Gurugram among Haryana govt's top priorities: CM SainiChief Minister Nayab Singh Saini prioritized Gurugram's cleanliness and development during a recent meeting. He directed officials to ensur...
Are gifts given to NRIs by relatives taxable? Here's what you need to know about income tax and FEMA rulesNRIs receiving gifts from resident Indians face varying tax implications. Gifts from specified relatives are fully exempt from Indian incom...
Green cards for Dreamers? Inside the Dream and Promise Act that may give millions US permanent residencyThe American Dream and Promise Act of 2025 proposes a pathway to US permanent residency for eligible Dreamers, DACA recipients and certain ...
Explained | Karnataka's Permanent Residence Certificate: Who can get it, why it matters and what it doesn't doKarnataka has become the first state to introduce a Permanent Residence Certificate. This certificate is now accepted by the Election Commi...
Calcutta HC: Aadhaar can prove occupancy, not necessarily residenceThe Calcutta High Court ruled Aadhaar is prima facie proof of property occupation. This decision came after residents appealed a demolition...
Dubai residents can earn Dh3,000+ and travel rewards by inviting family, friends to visitDubai residents can now earn travel benefits worth over Dh3,000. This initiative rewards inviting family and friends from overseas to visit...
Karnataka: PRCs will help identify illegal immigrants, says Dy CM ParameshwaraKarnataka's Deputy CM G Parameshwara stated new PRCs will identify illegal immigrants. He rejected BJP claims that the certificates enable ...
Karnataka bars holders of other states' PRCs from seeking permanent resident certificateKarnataka has launched doorstep delivery for Permanent Residence Certificates. Deputy tahsildars are now authorized to issue these importan...