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FOREIGN TAX DATA
UK tax rule weakens FCNR deposit appeal for wealthy NRIsA steep UK tax on 'global earnings' and the bar on treating interest on certain loans as 'deductible' have reduced the appeal of foreign cu...- Have foreign income or assets? AIS to soon show foreign assets and income details shared by foreign countriesThis is a CBDT order dated July 8, 2026 issued under Section 119 of the Income-tax Act, 1961. It is an administrative order that authorizes...
- RBI faces $100 billion challenge after record currency defenseRBI faces a challenge unwinding its large bearish dollar bets. The central bank has begun trimming its massive short dollar forward positio...
- Foreign tax data to be included in Form 26ASOverseas financial account information will now be included in taxpayers' Form 26AS. This move will allow taxpayers to view their foreign f...
- How to strengthen Indian rupee without a rate hikeThe Indian Rupee has depreciated significantly against the US Dollar since early 2025. Measures were introduced to boost capital inflows an...
- Cancer, Leo, Virgo Horoscope Today for July 7, 2026: Success at Work, Wealth Blessings and Relationship AdviceYour Daily Horoscope Today emphasizes expansive professional opportunities, deep focus on backend projects, and valuable corporate partners...
- 25% chance of Sensex hitting 1 lakh in next 1 year: Morgan Stanley's Ridham DesaiMorgan Stanley's Ridham Desai sees a 25% chance of the Sensex touching 1 lakh within the next year, driven by stronger earnings and improvi...
- ITR filing for NRIs: From miscounted days in India to missed NRO interest, these mistakes can trigger tax noticesMiscounted days in India, missed NRO interest and TDS mismatches can invite notices from a data-savvy tax department.
- Healthy credit cycle set to keep NBFCs on growth track in Q1Non-banking finance companies are poised for a strong April-June quarter, with analysts predicting a 20% rise in assets under management. T...
- FPIs double down on Indian debt, keep equity bets on holdForeign investors are pouring money into Indian debt, with record inflows in June, while simultaneously pulling out of local equities. This...
- Income tax department slaps notices on foreign investors with no earningsForeign investors are receiving unexpected tax notices in India, even for transactions where no profit or dividend was earned. The tax depa...
- EU's CBAM poses major compliance challenge for Indian MSMEs; Experts seek urgent government supportIndian MSMEs are struggling with the EU's Carbon Border Adjustment Mechanism, facing compliance hurdles due to a lack of financial and tech...
- PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
- Tax department steps up scrutiny of charitable trusts over disclosure mismatchesThe Income Tax Department is intensifying its review of charitable trusts and non-profits, demanding detailed fund utilisation and governan...
- Foreign inflows, lower oil prices help Indian bond traders look past US Treasury selloffIndian government bonds saw gains early Thursday, defying a rise in U.S. Treasury yields. This positive movement was fueled by falling oil ...
- Beyond refunds: Why GST 2.0 is a growth enabler for MSME exportersLiquidity alone won’t close the credit gap that most Indian MSME exporters face. This is where GST 2.0 has its most underappreciated impact...
- Filing ITR? Here's what AIS and Form 26AS tell the income tax department about youAs taxpayers gear up for ITR filing in AY 2026-27, understanding the consolidated Form 168 (formerly AIS and Form 26AS) is crucial. This un...
- India 10-year bond set for best month in 7 years on oil slide, foreign demandIndian government bonds surged Tuesday, with the benchmark 10-year yield on track for its largest monthly drop in seven years. This rally i...
- Goldman backs India 30-year bonds as Iran war impact containedGoldman Sachs has recommended buying India's 30-year government bonds, citing easing inflation expectations, lower oil prices and reduced f...
- ITR filing 2026: Foreign income and overseas assets? Avoid these 7 costly disclosure mistakesReturning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...
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