Searched for
FEMA FUNDING
NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlementAakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement t...
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.
Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
Regulatory minefield: ED enters the crypt, waking up the ghosts for Crypto IncIndia's crypto sector faces a new crisis as the Enforcement Directorate probes four firms for unauthorized foreign money transfers using di...
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...
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...
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...
New RBI rules for NRIs and OCIs: Key changes in investments, NPS and money transfers
ED to file money laundering case over ₹95 crore foreign funds routed to Maoist areasThe Enforcement Directorate will file a money laundering case. This probe will investigate foreign funds allegedly sent into Left-Wing Extr...
RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...
RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
US-based Christian missionary organisation, others booked under UAPABengaluru Police have filed an FIR against US-based NGO The Timothy Initiative (TTI) and six others after the Enforcement Directorate alleg...
Dhan launches US stocks, ETFs investing via GIFT City routeThe offering is being provided through Raise IFSC Private Limited, Dhan's wholly-owned subsidiary and a member of India INX operating under...
Zepto IPO: Founders Aadit Palicha, Kaivalya Vohra skip OFS as Nexus Ventures leads share saleZepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale...
Stocks in news: Tata Steel, ICICI Bank, Tata Motors, Vedanta, Maruti SuzukiIndian markets traded cautiously on Thursday's weekly expiry, with analysts observing a continued tussle for direction in the Nifty. Key co...
US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
Funds are won or lost on operational rigour, not just deal-making: Artha Group COOAs venture capital matures beyond the era of easy money and momentum investing, operational discipline is becoming as important as deal-mak...
Swiggy fails to clear shareholder hurdle in bid to recast itself as Indian-owned companyIn an exchange filing on Thursday, Swiggy stated that its resolution on the Amendment of Articles of Association received 72.36 per cent vo...