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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.- NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
- 'Many people thought I was crazy': Former Delhi Police Sub-Inspector quits secure govt job to become real estate agent in Australia, here's how can you become a realtor in OzA former Delhi Police Sub-Inspector, Nishant Tomar, left a secure government job in India to pursue a career as a real estate agent in Aust...
- Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
- Daughter becomes co-owner of family property via oral arrangement; she files tenant eviction case and wins in Supreme CourtA daughter, a co-owner of family property through an oral arrangement, has won a tenant eviction case in the Supreme Court. The court ruled...
- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
- NRI investors eye leaseback and managed home models amid currency advantageNRIs are shifting from emotional, passive ownership of Indian real estate to more deliberate, outcome-driven investment. Driven by a weaker...
- Ennismore opens first India hotel, targets travellers choosing experiences over goodsEnnismore, a global lifestyle hospitality company, has launched its first hotel in India. The Roswyn property in Mumbai offers 109 suites. ...
- ED probes alleged ESOP misuse to launder money, bypass LRS rulesThe Enforcement Directorate is now looking into employee stock options from foreign firms given to Indian workers. This move aims to uncove...
- Tax on destination wedding outside India: Will income tax apply on gifts in form of cash, property, gold jewellery? Know the rulesWhether it is cash, gold, car, or even a property, if gifted to the bride or the groom on their wedding, no tax would be levied on the gift...
- HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...
- NRI Guide: Do you own property in India but live abroad? Key risks & 8 smart ways to stay protected
- Buying property abroad? 5 FEMA rules Indian investors must follow to avoid penalties
- Buying property abroad? 7-point FEMA compliance checklist Indian investors must follow to avoid penaltiesIndian investors acquiring Dubai properties without proper outward remittances are facing Directorate of Enforcement scrutiny. Violations o...
- Buying property abroad with international credit cards may put you in regulatory crosshairsMany Indians who purchased Dubai properties using international credit cards are now facing tax and enforcement issues. These transactions,...
- Luxury property price boom: See how much $1 million buys in global citiesMonaco remains the costliest city for real estate in 2024, with $1 million buying just 205 sq ft. Meanwhile, Dubai, Seoul, and Manila lead ...
- PAN becomes mandatory for sending money abroad for kids studies, investing: LRS rules tightenedRBI has tightened the rules for remitting money abroad under the Liberalised Remittance Scheme and made PAN mandatory for anyone using this...
- Why and where are Indians investing in homes abroadA growing number of Indians are buying property abroad. A study by Knight Frank looks at the top destinations and their prospects.
- Home in on a property abroad, the right wayOwning a place in a foreign land is not an easy task. From a host of legal issues to taxation laws, you really need to keep your eyes wide ...
- Posted abroad? Buy property, the NRI wayReal estate is popular as an investment avenue. If you are already servicing a home loan while going on a posting abroad, nothing much chan...
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