Searched for
NRE FIXED DEPOSITS TAXABILITY
Do banks report deposits over $10,000 to the IRS? What really happens when you cross the cash reporting thresholdA cash deposit exceeding $10,000 in a single day triggers an automatic report to the federal government. Financial institutions do not make...29 Sep, 2026, 01.49 AM IST- 5 rule changes from October 1: SBI ATM charges, MDR on UPI, bulk FD rates, KYC for LPG subsidy and moreIn October 2026, significant changes to banking and finance regulations will take effect, impacting numerous services. Furthermore, the Res...28 Sep, 2026, 05.07 PM IST
- Can you save tax by gifting money to your HUF? How Section 99 changes the tax equationMoney or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax conse...28 Sep, 2026, 11.07 AM IST
- Grain trader deposited Rs 5.2 crore cash in bank, filed ITR declaring Rs 7.65 lakh income, got unexplained deposit income tax notice; won case in ITAT Delhi for this reasonWhen Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs...28 Sep, 2026, 09.26 AM IST
- FD rate up to 8.3% for senior citizens investing for three years; know the list of banksFor senior citizens aged 60 and above, numerous banks are offering fixed deposit interest rates as high as 8.5%. Jana Small Finance Bank ha...26 Sep, 2026, 03.53 PM IST
- Fruit seller deposited large amount of cash in bank, got income tax notice of unexplained income; won case in ITAT Bangalore for this reasonIn Bangalore, Mr. Ramachandrababu found himself facing an income tax notice over unexplained cash deposits in his bank account. However, hi...26 Sep, 2026, 03.05 PM IST
- FD interest rate rules to change from October 1, 2026: Uniform interest rates on bulk deposits, daily rate updates and more that depositors need to knowEffective from October 1, 2026, the Reserve Bank of India will implement new rules concerning bulk fixed deposits. Every bank will be manda...25 Sep, 2026, 02.34 PM IST
- FD-backed SBI credit card: Advantage SBI Card launched; who can benefit from it?SBI Card has introduced the Advantage SBI Card through the SBI YONO app, making it simpler than ever for customers to apply. This innovativ...24 Sep, 2026, 10.31 AM IST
- My sister gifted me Rs 37 lakh from land sale. Will she have to pay income tax?ET Wealth Reader's Query: My sister and I received Rs 37 lakh each from the sale of agricultural land in our native place. She has gifted h...22 Sep, 2026, 12.46 PM IST
- RBI revises FCNR(B) inflows upwards to USD 133 billion after robust response from NRIsRBI revised FCNR(B) deposit collections upwards to USD 133 billion. The scheme's closing date was advanced by one month following a strong ...21 Sep, 2026, 09.03 PM IST
- 'FCNR haul to power HSBC's India wealth, retail banking push'HSBC forecasts that foreign currency deposits will significantly enhance its operations in India. By securing $14.5 billion through a speci...21 Sep, 2026, 08.44 AM IST
- ‘The biggest psychological comfort zone’: CA on why your FD may be quietly hurting your wealthCA Nitin Kaushik explains why Fixed Deposits, despite offering guaranteed returns, may not always build long-term wealth. He compares Rs 1....20 Sep, 2026, 08.54 AM IST
- 5 Bangalore landowners formed a partnership firm to develop property, received income tax notice for undisclosed rental income; won relief in ITAT for this reasonBangalore landowners get relief from undisclosed rental income tax notice after proving in ITAT that their partnership firm received the re...19 Sep, 2026, 03.36 PM IST
- How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...16 Sep, 2026, 05.10 PM IST
- FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSelect small finance banks offer senior citizens fixed deposit rates up to 8.5 percent. Suryoday Small Finance Bank provides 8.5 percent in...12 Sep, 2026, 07.00 AM IST
- 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...11 Sep, 2026, 12.15 PM IST
- 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...10 Sep, 2026, 04.10 PM IST
Load More
