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NRI IN AUSTRALIA
NRI selling Indian assets? US, UK, UAE, Canada, Australia or Singapore - how your country of residence could decide the income tax billWhen selling Indian assets, be cautious of the potential tax implications linked to your country of residence. Tax obligations can vary bas...- Birth certificate for NRIs: Why this document matters more than everIndia's birth certificate has become an indispensable document for its citizens. Recent regulations stipulate that birth registrations are ...
- The Wealth Company launches GIFT City Fund to offer overseas investors India mutual fund exposureThe Wealth Company has launched an open-ended Category III AIF in GIFT City, offering eligible non-resident investors, including NRIs, a US...
- India's next billion dollars from abroad may depend on easier visasIndia's record remittance boom faces a new long-term challenge as tighter immigration policies in developed economies threaten the pipeline...
- Indian banks mobilise $20.7 billion under RBI's special incentive windowIn a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a ...
- Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rushBanks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships a...
- Union Bank Q1 Results: Profit rises over 27% to Rs 5,641 croreUnion Bank of India achieved a remarkable 27.5% surge in its net profit for the June quarter. The bank experienced a subtle rise in net int...
- ETMarkets Smart Talk | Tier III India is creating the next wave of millionaires: Centrum Wealth CEO Sandeep DasWealth creation is expanding beyond metros into smaller cities. Family offices are growing significantly, managing wealth more formally. Cr...
- 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...
- These large-, mid- and small-cap stocks can give more than 25% return in 1 year, according to analystsAs the old saying goes: Nothing can be ruled out on the street. Which means that one should be prepared for anything. Now, what is the prob...
- NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
- Bulls return to banks on RBI's FCNR(B) initiativeTraders are piling into bullish derivative bets on banks, reversing bearish positions, as RBI's foreign currency borrowing measures boost l...
- Jaishankar lauds Indian community's key role in shaping positive image in AustraliaJaishankar visited Australia from February 10 to 13 in his first trip to the country as external affairs minister. He attended the 4th Quad...
- Australia to fully reopen borders to vaccinated travellers from Feb 21Australia has been pursuing a staggered border reopening since late last year allowing skilled migrants, international students and backpac...
- What to expect if you have applied for programs in Australia with the Covid curve climbing?It is no secret that students worldwide were shunning Australia and New Zealand due to the stringent anti-coronavirus measures in effect in...
- More and more Indians are giving up their citizenship. Here's whyIndians who become citizens of another country have to give up their Indian passport because the country does not offer dual citizenship, b...
- Australia abolishes skilled expat workers’ visas popular with IndiansThe removal of the skilled expat worker's visa will make it harder for Indians seeking to work Down Under; it has now been replaced with a ...
- Federal Bank, National Australia Bank tie up for remittance"The cost is around one-third of the normal international fund transfer charges," Head of Business and Products, Federal Bank's Antu Joseph...
- India now biggest source of migrants to AustraliaThe number of permanent migrants from India was 29,018 in 2011/12, up 12.7 percent on the previous year.
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