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NRI ACCOUNTS
Why Nithin Kamath believes NRI investing in India has become easier than everZerodha CEO Nithin Kamath welcomed Sebi's simplified NRI account-opening rules, enabling eligible overseas investors to complete digital KY...- These 11 private and public banking stocks have an upside of up to 33% in 1 year, according to analystsIt is too early to read a lot into the divergence seen in the stock price movements of private and PSU banks on Tuesday. Neither can it be ...
- Rs 60 lakh cash deposit in widow's bank account triggers income tax notice for unexplained credit; she fights back and wins in ITAT PuneMs Parve’s counsel argued in ITAT Pune that she is a housewife and never filed her income tax return (ITR) as she had no independent source...
- Axis Bank to revise savings account charges from December 1, 2026: Free transaction limit to fall; EDGE Rewards Program to end; charges to riseAxis Bank will implement a new fee structure affecting its domestic and NRI savings accounts. The free cash transaction limit will reduce f...
- These 7 private and public banking stocks have an upside of up to 27% in one year, according to analystsIf interest rates stay high, and there are signs of a slowdown, banks that depend on retail deposits are the ones to watch carefully. That ...
- These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIf FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be i...
- CISF catches an NRI trying to flee at Jama Masjid Metro Station after X-ray reveals a suspicious object in his clothing. Watch video.CISF personnel apprehended a passenger at Delhi’s Jama Masjid Metro Station after he allegedly tried to flee when a suspicious object appea...
- Rs 3.41 crore in FCNR deposits tagged as unexplained money despite being held by Dubai-based individual; ITAT Jaipur grants full reliefMrs. Khanwani, a Dubai resident, faced tax notices for unexplained money linked to her FCNR deposits. The ITAT Jaipur ruled in her favor, h...
- No meddling as 'middlemen' in forex conversion by banks: New rules forbid conversion of foreign earnings into rupees to detriment of exportersThe Foreign Exchange Dealers' Association of India (FEDAI) has directed banks not to convert foreign currency remittances into rupees witho...
- India's August balance of payments surplus swings to $45.4 billion from $5.6 billion deficitIndia's balance of payments showed a surplus of $45.4 billion in August, despite a current account deficit. Net transfers, which include re...
- RBL Bank taps Emirates NBD network to expand NRI banking, Gulf businessRBL Bank aims to utilize Emirates NBD's global network to expand its corporate and trade finance services. The partnership will enable them...
- Canada-based senior citizen faced income tax liability of ₹83.2 lakh as STCG; here's why he wins at ITAT Bengaluru on technical groundA recent ITAT ruling highlights the critical importance of following proper legal procedures in income tax reassessment cases. When a taxpa...
- These 7 private and public banking stocks have an upside of up to 25% in one year, according to analystsThanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven months. And if inflation starts to c...
- Salary from South Korean employer credited to NRE account triggers income tax notice; ITAT Bangalore gives employee reliefEmployee gets income tax notice over salary received in NRE account from South Korean employer; ITAT Bangalore gives him relief. Know what ...
- Everyone looks at 2-wheelers and FMCG. Another set that feels the monsoon’s test: 6 stocks with upside potential of up to 33%The monsoon is one influence on rural financial health. It is not a complete predictor of what a lender will earn. Whether good rain become...
- When do you need a tax residency certificate to claim lower tax rate under DTAA for Tax Year 2026For Indians earning income from overseas, securing a tax residency certificate is essential to avail benefits under the Double Taxation Avo...
- NRI investing in India? Wrong KYC documents can delay your investment; know what you needNavigating the KYC process for NRIs investing in India can be complex, requiring specific documents and verification steps. From ensuring d...
- These 8 banking stocks have an upside potential of up to 29% in 1 year, according to analystsFor the last two years, one sector where actual performance has been better than expected has been banking. Yes, there were exceptions amon...
- NRI child sending money to parents in India: Why a tax-free gift can still trigger an income-tax noticeParents receiving money from their NRI children in India may enjoy tax exemptions on gifts, but large transactions can attract scrutiny fro...
- NRE vs NRO FD TDS rules: Tax rate for NRIs, PAN rules, DTAA benefit and repatriation limitWhen it comes to Non-Resident External (NRE) and Non-Resident Ordinary (NRO) fixed deposits, understanding their distinct tax implications ...
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