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NRI CONSULTING
Indian buyers return cautiously to Dubai realty market after US-Iran deal, ticket sizes fallIndian property investors are returning to Dubai cautiously, with inquiries down and a shift towards smaller, rental-yield focused investme...
The biggest financial mistake NRIs make is assuming distance equals preparednessEarning abroad and sending money home consistently fosters a false sense of security for NRIs. This confidence becomes a blind spot, as fin...
RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accountsIndian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By fili...
That sinking feeling: Rupee@100 is a mental fear, not macro nightmareThe rupee is under strong pressure due to rising global crude oil prices driven by Middle East tensions, briefly hitting an all-time low of...
Is tax-exempt income in India also exempt in the US for NRI?ET Wealth Reader's Query: If an income is tax-exempt in India, is it also exempt in the US for an NRI? For instance, interest on NRE accoun...
Bain Capital sole contender for Vitabiotics buyBain Capital has emerged as the frontrunner to acquire Vitabiotics, as rival bidders TPG Capital and EQT exit the process, potentially lowe...
Is costlier EV giving way to CNG, alternative fuel vehicles in India?With the recent hike in the prices of raw materials and turbulence in the crude oil market, stakeholders in the auto industry have started ...
Rising fuel costs, expensive EVs making CNG a welcome relief, alternate fuel for mobility: ReportCNG vehicle sales continued to grow in FY22, rising by 55 per cent to 2,65,383 units in FY22 compared to 1,71,288 units in FY21, as per NRI...
If a resident turns NRI, what would be income tax implication on existing investments?On the sale of such shares or mutual funds, the NRI shall be liable to pay capital gains tax on the transfer of such assets.
The Guardians Real Estate forays into NRI segment with Dubai operationsThe office in UAE will cater to the NRI and High-Net-Worth Individuals (HNWI) with project offerings spread across India, the property cons...
Indian Tooling Industry to rise to Rs 26,000 crore in value by 2025, says reportInverted duty structure, challenges in access to finance and lack of skilled workforce are some of the key challenges ahead of the industry...
Auto firms face delayed launches, labour shortage, productivity losses: NRI ConsultingThere is a lot of uncertainty towards the scenarios that could unfold post the pandemic in the near future. Irrespective of the scenario th...
MSMEs may have potential to create 1 cr jobs in 5 years: Research FirmThe MSME sector remained the highest job creator with the sector contributing about 3.6 crore jobs, which is about 70% in the manufacturing...
NRI deposits in Gujarat cross Rs 50K crore markEconomic uncertainty, steep fall in the rupee, and attractive interest rates offered by Indian banks made NRI deposits in Gujarat swell by ...
- Nomura acquires Indian software firm Anshin Software
Nomura Research Institute has acquired IT consultant Anshin Software (Anshinsoft) as part of efforts to expand global sales of its computer...
Tax implications for Indian consultants working for US clientsEvery person who is resident of India must pay taxes in India on global income. They are now liable to pay taxes in both countries.
NRIs stay away from Punjab's real estate on eurozone crisisEurozone crisis seems to have hit real estate purchases in Punjab hard due to reluctance of NRI's from Europe to invest in the sector.
- Nomura to acquire 25 pc stake in Market Xcel
Nomura Research Institute has decided to acquire 25.1 per cent stake in Market Xcel Data Matrix for an undisclosed amount.