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Passport-holding NRIs qualify as 'citizens' under RTI, 2010 govt records showDocuments from 2010 reveal the Centre's interpretation of 'citizen' under the RTI Act, including Indian passport holders abroad but excludi...- RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
- Looking for over 17% return from FCNR deposit through leverage? Check pitfalls before getting luredThe Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...
- 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...
- SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these depositsFCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...
- Should Budget 2025 restore the 182-day residency rule for visiting NRIs and PIOs?The Finance Act 2020 has introduced new tax residency rules for non-resident Indians (NRIs) and People of Indian Origin (PIOs), complicatin...
- How NRIs stuck due to pandemic will be taxed in India for FY 2020-21The new rule was announced before the pandemic-induced travel restrictions. It can unintentionally impact all those NRIs/PIOs who had come ...
- We're not NRIs, Sebi told by PIO fund managersUnlike NRIs who hold Indian passports, PIOs and individuals who have obtained the OCI.
- NRIs, PIOs need not link PAN with Aadhaar: UIDAIThe UIDAI has urged the implementing agencies to devise a mechanism to ascertain the genuineness of status of such NRIs/PIOs/OCIs.
- NRIs, PIOs don't need to link bank a/c, PAN with Aadhaar, UIDAI clarifiesUIDAI said that the linking of bank accounts and PAN respectively, "is for those persons who are eligible to enrol for Aadhaar".
- Demonetisation: NRIs, PIOs want Arun Jaitley to extend cut-off date to deposit banned notesThe Global Organisation of People of Indian-Origin (GOPIO) in a recent letter said it has been flooded by concerns from a large number of N...
- Pravasi Bharatiya Samman Award: Work done in India too will fetch NRIs & PIOs award now30 such awards will be given on a biannual basis, Pravasi Bharatiya Samman was limited to for achievements in abroad by NRIs, PIOs.
- Government relaxes FDI norms for NRIs, PIOs, OCIInvestments by NRIs under under Schedule 4 of FEMA regulations will be deemed domestic investment at par with the investment made by reside...
- NRIs can apply for LPG connection: Punjab NRI CommissionFollowing a complaint filed by two Non-resident Indians, the Punjab State Commission for NRIs said the complainants could avail LPG gas con...
- Prior RBI nod must for raising FII, NRI, PIO investmentsThe RBI said cos will have to mandatorily informed the central bank when FII, NRI, PIO investments in them reach sectoral cap or statutory ...
- NRIs, PIOs not required to report property deals in India: RBIRBI clarified that NRIs & PIOs are not required to report details of transactions while purchasing immovable property in India.
- Government invites EOI for starting 4 universities for NRIsMinistry of Overseas Indian Affairs has invited Expression of Interest from academic institutions for establishing four universities for ch...
- PIO varsity runs into troubleA dedicated university for persons of Indian origin (PIO) may have run into some trouble.
- Tips for NRIs to buy house in IndiaNRIs can acquire any immovable property in India other than agricultural land, plantation and farm house.
- NRIs told to get PAN for tradingThe Securities and Exchange Board of India on Friday said it was withdrawing the ‘limited purpose beneficiary owner account’/ trading accou...
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