US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
27 May, 2026, 01.37 PM IST
Swiggy fails to clear shareholder hurdle in bid to recast itself as Indian-owned companyIn an exchange filing on Thursday, Swiggy stated that its resolution on the Amendment of Articles of Association received 72.36 per cent vo...
22 May, 2026, 10.18 AM IST
No law bans withdrawal of cryptocurrency: BinanceIndian crypto exchanges are blocking user withdrawals fearing misuse for money laundering. Global exchange Binance, however, permits free w...
21 May, 2026, 06.14 AM IST
Outward remittances: NBFCs don't need prior RBI nod for dealer tie-upsThe framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at re...
14 May, 2026, 01.49 AM IST
Swiggy moves to become India-owned company, eyes fewer FDI restrictionsSwiggy has announced upcoming adjustments to its board nomination policies as part of its strategy to establish itself as an Indian owned a...
13 May, 2026, 11.29 PM IST
Containing war impact on growth, current account: PMO stitching up plan to boost foreign fund flowOfficials at both the finance ministry and Niti Aayog are identifying economic opportunities presented by the Iran conflict, as well as gau...
13 May, 2026, 11.49 AM IST
Sebi mulls allowing OBPPs to offer products regulated by IFSCA, tax-saving bondsMarkets regulator Sebi on Tuesday proposed allowing Online Bond Platform Providers (OBPPs) to offer products or services regulated by Inter...
05 May, 2026, 04.27 PM IST
Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...
04 May, 2026, 12.27 PM IST
NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...
30 Apr, 2026, 12.07 PM IST
RBI rejects NBFC pleas on funds, norms tighteningThe Reserve Bank of India has rejected several suggestions from Non-Banking Finance Companies. Equity investments in group entities will no...
29 Apr, 2026, 07.59 PM IST
FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
29 Apr, 2026, 01.35 PM IST
HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...
24 Apr, 2026, 06.39 AM IST
'Show me the papers', bankers tell cos to guard against any FEMA violations falloutIndian banks are now requiring corporates to provide documentation for dollar forward transactions. This move follows recent currency volat...
17 Apr, 2026, 01.42 AM IST
I-T dept to soon notify modified valuation rules, investor classes for taxing foreign investments in unlisted cosThe Income Tax Department will soon notify rules specifying the class of investors and norm of valuation for implementation of the Budget p...
27 Apr, 2023, 07.42 PM IST
I-T dept to come out with modified valuation norms for taxing foreign investments in unlisted cosThe Finance Bill, 2023 has proposed amending Section 56(2)(viib) of the I-T Act, thereby bringing overseas investment in unlisted closely h...
12 Feb, 2023, 01.47 PM IST
RBI rolls out regulations for cross-border mergersThe Reserve Bank of India (RBI) has framed the regulations for mergers amalgamation and arrangement between Indian and foreign companies.
28 Mar, 2018, 11.57 PM IST
Walmart probe: ED asks DIPP to clarify rules on FDI retailThe ED has decided to approach the DIPP after it studied replies sent by the American retail giant and its Indian partners.
10 May, 2013, 05.08 PM IST