FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
Income Tax dept seeks details from NRIs, offshore firms on unlisted share deals, flags valuation and fund source concernsIndia’s tax department has asked NRIs and offshore entities to justify investments in unlisted shares, seeking details on fund sources and ...
NRI tax guide: Returning to India? Here's exactly when the tax department starts taxing your foreign income
HNIs eye Greece residency as alternative to Dubai optionAffluent Indians are increasingly eyeing Greece as a destination for permanent residency. The motivations behind this trend include evolvin...
Judgements on decriminalising adultery, same-sex consensual relationship 'not a good law': Centre in SCThe Centre has informed the Supreme Court that landmark judgments on adultery and same-sex relationships were based on subjective 'constitu...
PPF interest rate 2026: Has Public Provident Fund interest rate increased for April-June 2026 quarter?Public Provident Fund interest rate: The Finance Ministry confirmed that rates for small savings schemes will continue from the previous qu...
I am an OCI cardholder, will I need to pay tax on inherited assets in India?I am a German citizen, and have an OCI card. How will inheritance of assets located in India be taxed for me? Is the inheritance itself tax...
Are you breaking the law? Crucial banking changes every new NRI must knowNewly transitioned to Non-Resident Indian (NRI) status? This guide details the essential banking and investment updates required to align w...
Income Tax filing: Do NRIs need to file ITR if they have no income in India?Non-resident Indians (NRIs) are required to file Income Tax Returns (ITRs) if their income in India exceeds ₹2.5-3 lakhs, facing penalties,...
Are you an NRI with inoperative PAN? Here's what you can do nowAfter the expiry of deadline to link PAN with Aadhaar on June 30, 2023, it may happen that an NRI finds that his/her PAN is inoperative. If...
Can an NRI continue investing in an existing PPF account?Remember, any person who is a non-resident Indian cannot open a PPF account. NRI status disqualifies an individual from opening, operating ...
My daughter has investments in dividend option of a mutual fund scheme. Should she inform the AMC about her NRI status?Every week, guest experts answer queries from readers of ET Wealth on various topics ranging from tax to investments to insurance and more.
Maritime body MUI seeks government intervention to enable seafarers qualify for NRI status"MUI has sought an urgent intervention of the Shipping Ministry of India to enable Indian seafarers qualify for the Non-Resident Indian or ...
"Change law that mandates 120 days' stay in India to qualify as NRIs"A law requiring 120 days' stay in India to claim Non-Resident Indian (NRI) status needs to be changed, an association representing NRIs has...
Four steps to open an non-resident ordinary accountThe simplest way to access the money and investments already made in India, is to convert the savings account with the Indian bank into an ...
Paper work: Account changes on becoming an NRIThe investments made by an NRI are subject to some restrictions, which also apply to the use and transfer of funds based on its source
- Cos seek NRI status for global plans
India, Inc. is chasing the NRI status to make it's business, truly global in reach and operations.