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INDIAN WORKING IN KUWAIT
Rs 1.09 crore remittance sent home by an Indian working in Kuwait, but he didn't file ITR, received income tax notice; gets relief in ITAT AhmedabadIndian man working in Kuwait oilfields, got his salary in National Bank of Kuwait, remitted Rs 1.09 crore back to family in India, files no...- NRO account for NRIs: Which funds can be deposited, tax on interest and repatriation rulesFor NRIs, establishing or converting an existing bank account is vital upon confirming non-residence status. An NRO account facilitates the...
- 'No other option': Gulf expats hunker down between bouts of warForeign workers are largely staying in Gulf countries despite six months of conflict, choosing higher, tax-free salaries over weaker prospe...
- I squared-Veolia consortium leads race to acquire KKR backed Re SustainabilityPE firm initiates parallel talks with local strategics after low $1.1 bn offer on table falls below expectations. KKR expected $1.6 billion...
- Energy drink brands race to rework labels after FSSAI orderIndia's food regulator has ordered energy drink brands to remove the word 'energy' from labels. This directive impacts major brands like Re...
- The ethanol story is changing. Is investing in the ecosystem the better way? 15 stocks across different market cap segmentsThe ethanol story started simply enough: Cut India's dependence on imported crude oil. It would save foreign exchange. Give farmers a new a...
- 16 Indians, including 10 seafarers, killed in Middle East conflict: GovtSixteen Indian nationals, including ten seafarers, have died in the Middle East conflict this year. Seventy-five Indians sustained injuries...
- India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
- Trump threatens 'major military punishment' after Houthi strike on Saudi tankersPresident Trump vowed major military punishment for Iran and its Houthi allies. Houthi fighters struck two Saudi oil tankers in the Red Sea...
- June marks strong rebound in India's gem and jewellery exports, surging 26.51% year-on-yearOverall exports for the April-June quarter remained stable despite global economic uncertainties. Lower international gold prices helped In...
- India's gem and jewellery exports rise 26.5% in June, shining at $2.21 billionIndia's gem and jewellery exports saw a significant rebound in June, increasing by 26.5 percent. Lower international gold prices and improv...
- Indian envoy meets distressed women workers in Oman; assures prompt action for grievancesIndia's Ambassador to Oman met distressed Indian domestic workers at a shelter. He assured them of prompt action to resolve their grievance...
- Relieved that crude has finally fallen? The real warning signs just began flashing elsewhereAs the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politic...
- Ethanol ecosystem: Judging fear by noise is not evidence; 15 stocks from the ecosystemSugar is one of the oldest distressed sectors in India. For decades it has swung between glut and shortage, carried heavy debt, was depende...
- US attacks Iran over ship being hit in Hormuz; Tehran responds by hitting Arab statesThe United States attacked Iran after an Iranian strike damaged a container ship in the Strait of Hormuz. Iran retaliated by targeting seve...
- US-Iran strikes: Latest developments on Gulf attacks, Hormuz closureIran announced it was again closing the Strait of Hormuz on Sunday and hit Gulf neighbours in retaliation for US strikes, further undermini...
- NRI women investing nearly 70% higher in western markets than gulf countries: ReportFemale participation in cross-border investing among NRIs rose nearly 70% over the past year, according to Belong’s analysis of investors a...
- PM Modi arrives in Kuwait on 2-day visitPrime Minister Narendra Modi arrived in Kuwait on a two-day visit, marking the first visit by an Indian Prime Minister in 43 years. He will...
- India, Kuwait agree on model contract for jobseekersUnskilled workers from India can seek jobs in Kuwait again as the two countries have agreed upon a model contract for jobseekers.
- Stamping of visas by Kuwait likely to commence next weekThe stamping of Indian work visas by Kuwait, which had been stopped since December, is likely to commence by next week, Union minister of s...
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