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NON RESIDENT KERALITES ASSOCIATION
Banks' credit steady at 17.7%, deposits ease to 12%: RBIBank credit growth stayed steady at 17.7% for the fortnight ended June 15, unchanged from the previous period, while deposit growth eased s...- Reserve Bank of India issues final rules on credit derivativesThe rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without an...
- ED attaches over Rs 55-crore assets of Punjab minister Sanjeev Arora, linked entitiesEnforcement Directorate has attached assets worth Rs 55.57 crore belonging to arrested AAP leader Sanjeev Arora, his family, and a realty f...
- Indian Embassy in Tehran issues fresh advisory amid security concerns; urges to avoid non-essential travelIndian nationals are strongly advised to avoid all non-essential travel to Iran until further notice. Those already in the country or needi...
- Rabri Devi asked to vacate official bungalow by June 29, failure to comply will result in legal actionFormer Bihar Chief Minister Rabri Devi has been issued a final ultimatum by the Building Construction Department to vacate her official res...
- Punjab to ensure transparent, time-bound resolution of NRI issues: MinisterPunjab NRI Affairs Minister Dr Ravjot Singh assured non-resident Punjabis of swift and transparent resolution of their issues, including pr...
- Vijayan urges CM to take immediate steps to bring home Kerala worker killed in Qatar blastKerala's Leader of the Opposition, Pinarayi Vijayan, has appealed to Chief Minister V.D. Satheesan to expedite the repatriation of Arjun's ...
- India asks citizens in Iran to avoid non-essential travel despite improved security situationWhile noting recent improvements in Iran's security situation, the Indian Embassy in Tehran has advised its citizens to avoid all non-essen...
- On ESOP value over US$ 60,000 US estate tax up to 40% can be levied after death of even a non-US resident; Here’s how to manage its impact on legal heirsIndian professionals holding US ESOPs and RSUs face a significant risk of up to 40% US estate tax on assets exceeding $60,000 after their d...
- RBI's FCNR push may boost banks' deposit growth: CrisilForeign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. Th...
- Germany spouse visa: Who can apply, requirements, and application process explainedSpouses of German citizens and legal residents can now reunite in Germany through a streamlined spouse visa process. This long-stay visa, r...
- Rupee flat as traders mull Fed rate path, keep eyes peeled for flow cluesThe Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Res...
- Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
- Kerala in talks to allow free public screening of FIFA World Cup matchesKerala's government is actively negotiating with FIFA World Cup 2026 rights holders to waive licensing fees for non-commercial public scree...
- 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.
- 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...
- Qatar introduces new residency rule: What foreign workers need to knowQatar has cut the exit window for foreign workers after residence permit cancellation to just two weeks. Previously, workers had 30 days to...
- RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...
- RBI temporarily eases FCNR(B), NRE deposit rate norms to attract overseas fundsThe Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...
- Portfolio investment scheme now open to PROIsIndia has eased investment rules for foreign individuals and entities in listed stocks, allowing them to invest via the portfolio investmen...
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