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 ...
JoSAA Counselling 2026: Date, registration, step-by-step process, documents required & complete admission guideJoSAA counselling for IITs, NITs, and IIITs admissions will begin soon. Registration opens on June 2, 2026. The JEE Advanced Result 2026 is...
NIA arrests Kolkata man in Pak-linked espionage caseA Kolkata man, Zafar Riaz alias Rizvi, has been arrested by the National Investigation Agency. He is accused of spying for Pakistan since 2...
CIC asks Lok Sabha Secretariat to revisit denial of disclosure of Rs 1.7 crore electronic procurement bills for 2021-22The Central Information Commission has ordered the Lok Sabha Secretariat to reconsider its refusal to share bills for electronic items boug...
Centre fixes OCI card application fee at USD 275, scraps six-month stay ruleThe Indian government has revised OCI card application fees, setting the new OCI card fee at USD 275. Several changes to the application pr...
India extends validity of PIO cards to up to December 31, 2024The Indian Immigration authorities have extended the validity of all Person of Indian Origin (PIO) cards, including handwritten ones, until...
We're not NRIs, Sebi told by PIO fund managersUnlike NRIs who hold Indian passports, PIOs and individuals who have obtained the OCI.
No free conversion of PIO cards to OCI cards after Dec 31An official said there was no proposal to extend the deadline further as the bulk of people - around 30 lakh - have already converted their...
Last date extended for six months for conversion of PIO cardsThe PIO card was first implemented in 2002 as a benefit to foreign nationals who could establish at least a third generation tie to Indian ...
Conversion of PIO cards: Last date for application extended till June 30Government today extended the last date for applying for conversion of PIO cards to OCI cards to June 30 from March 31.
Government advisory on application for OCI cardsAll persons having a valid PIO card and who have not applied for registration as OCI card holder have been advised by the govt to submit th...
Merger of PIO, OCI cards creates confusion for NRIs, embassies abroad await further instructionsAccording to the Citizenship Amendment Bill, 2015, all PIO card holders "are deemed" to be OCI card holders with effect from January 9, 201...
PIO card holders deemed to be OCI card holders from todayAll Persons of Indian Origin card-holders are deemed to be Overseas Citizens of India card-holders with effect from today with government i...
Cabinet may consider merger of PIO, OCI cards on WednesdayIn his address in New York, Modi had announced that his government will merge PIO and OCI cards to simplify the Indian diaspora's travel to...
PIO cards now have lifetime validity, notifies Home Ministry as per PM's promiseEarlier, foreigners of Indian Origin had PIO cards with only 15 yrs validity for visa-free entry and they had to extend it for 10 yrs at a ...
- Prior RBI nod must for raising FII, NRI, PIO investments
The RBI said cos will have to mandatorily informed the central bank when FII, NRI, PIO investments in them reach sectoral cap or statutory ...