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UK LAW COMPLIANCE
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...
Inside Anil Agarwal’s $100bn vision: Vedanta Resources plans to relist with US as a likely targetVedanta's Anil Agarwal is listing four companies simultaneously. This move aims to unlock significant growth potential across its businesse...
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
Is tax-exempt income in India also exempt in the US for NRI?ET Wealth Reader's Query: If an income is tax-exempt in India, is it also exempt in the US for an NRI? For instance, interest on NRE accoun...
Audit firms count the cost as India looks to tighten rulesThe landscape of corporate governance in India is on the brink of transformation, with new proposals potentially establishing some of the h...
UK Renters’ Rights Act: Landlords face £7,000 fine if ‘Information Sheet’ isn’t given to tenants by May 31, 2026; Know how to downloadNew rules under the UK Renters’ Rights Act 2025 require landlords to give tenants an official Information Sheet. This document explains cha...
Reforms will continue; industry needs to spend more on R&D, shed protectionist instinct: NITI MemberNITI Aayog Member Rajiv Gauba urged Indian industry to boost R&D investment and shed protectionism to become a global production hub. He em...
Beijing tells China companies to ignore US sanctions on refinersChina's commerce ministry said the sanctions unlawfully restrict normal trade with third countries and violate international norms. In a ra...
UK tenancy rule change from May 1, 2026: Landlords can no longer evict tenants through no-fault evictions, Here’s four other changes for tenants in the United KingdomThe UK's Renters' Rights Act, effective May 1, 2026, significantly overhauls tenant protections. Key changes include abolishing 'no-fault' ...
Job augmentation: Humans and AI collaborating rather than competing — Vishaal Gupta, PearsonPearson's Vishaal Gupta sees AI as a job enhancer, not a destroyer, especially for India's youth. He emphasizes applied learning and person...
EU to soon roll out age-check app for social media where India could be looking to followEuropean Union is launching an age-verification app to shield children online. India's Karnataka state has banned social media for under-16...
Iran’s sanctions-busting crypto ambitions grow on toll paymentsIran proposes digital currency for Strait of Hormuz passage tolls. This move highlights a significant sanctions-evasion network. While legi...
UK PM Starmer says X moves to comply with UK law over AI deepfakesBritain's media regulator is investigating X, formerly Twitter, over its Grok AI chatbot creating sexualised images. Prime Minister Keir St...
Grok obscene AI content: X submits response, IT Ministry deems it 'inadequate'The government has sought more details from X, including specific action taken on obscene content linked to its Grok AI and steps to preven...
Chennai-based regulatory service provider Aparajitha Corporate Services makes foray into Sri Lanka“Entering Sri Lanka was part of our business strategy for 2020 – 2021. The socio-cultural parallels between the two nations makes the scope...
Law firms venture into audit companies’ turf“We see a huge future in this area given our combined experience of having dealt with forensic investigation and detection of cyber or phys...
Strict anti-bribery laws in US, UK making foreign companies less competitive in IndiaA 1977 US law that forbids American companies from bribing government officials in foreign nations has come under the spotlight in India
'US federeal Reserve probing RBS for possible violations of Iran sanctions'US federal authorities are probing British major Royal Bank of Scotland (RBS) for possible violations of Iran sanctions, a media report has...