Enforcement Directorate Director Rahul Navin's tenure has been extended by one year. This extension will keep him in his role until August ...

Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing ...

Under RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...

New FDI rules permit inventory-based e-commerce solely for export purposes. This change will significantly boost shipments of Indian handic...

Taxpayers must file income tax returns by the July 31 deadline to avoid penalties. Accuracy is paramount, and mismatches in the Annual Info...

Parliament updates: Govt launched a 3-month drive to clear 16,033 labour disputes, ESIC disbursed ₹5.26 crore under ABVKY, approved polymer...

India's securities regulator is proposing major changes to portfolio management services. A new category will lower the minimum investment ...

NRIs receiving gifts from resident Indians face varying tax implications. Gifts from specified relatives are fully exempt from Indian incom...

The regulator said the review has been done due the rapid expansion of the PMS industry, where AUM (assets under management) has multiplied...

Lalit Modi is set to make his return to India by late 2023 or early 2027. A significant legal victory from the Appellate Tribunal, which ov...

EbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...

Many companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...

The Enforcement Directorate has registered a money laundering case concerning foreign funds. Nearly ninety-five crore rupees in illegal for...

Indian taxpayers face new disclosure rules for foreign assets and investments. Global information exchange frameworks necessitate accurate ...

NRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can pre...

Swiggy's foreign shareholding now stands below fifty percent, meeting a key regulatory requirement. This change allows the company to pursu...

Swiggy shares rallied sharply on Tuesday after foreign ownership fell below 50%, taking the company closer to qualifying as an Indian-owned...