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FOREIGN BANK ACCOUNT
UK tax rule weakens FCNR deposit appeal for wealthy NRIsA steep UK tax on 'global earnings' and the bar on treating interest on certain loans as 'deductible' have reduced the appeal of foreign cu...- Domestic prop trading firms face higher funding costs under RBI's new rulesNew Reserve Bank of India lending rules increase funding costs for local proprietary traders. These changes require 100% collateral for ban...
- Confused about ITR forms? Check the right ITR for salaried, pensioners, students and other taxpayersSalaried individuals, pensioners, and students must select the appropriate ITR form for AY 2026-2027. Taxpayers not requiring an audit can ...
- India bonds rise as softer oil; Treasury gains offset debt sale cautionIndian government bonds saw early gains on Friday, influenced by U.S. Treasury movements and reduced oil prices. Foreign investors continue...
- Have foreign income or assets? AIS to soon show foreign assets and income details shared by foreign countriesThis is a CBDT order dated July 8, 2026 issued under Section 119 of the Income-tax Act, 1961. It is an administrative order that authorizes...
- ED initiates FEMA investigation against Mumbai-based film producerSearches were conducted against Kalanee Impex Ltd. and its director Dharmesh Sangani. Officials alleged undisclosed foreign assets and bank...
- As West Asia boils again, RBI likely to assess FCNR flowsThe Reserve Bank of India will review foreign currency deposit inflows next week. This meeting follows rising Middle East tensions and pote...
- India must finish the capital account reforms begun in 1991India's capital controls have transformed from restrictive permissions to more refined regulations. As the nation pursues its economic aspi...
- ITR filing 2026: NRIs need to file Schedule FA in ITR to declare foreign asset for AY 2026-2027 in this caseResident and ordinarily resident individuals must report foreign assets. This disclosure is required in Schedule FA of the income tax retur...
- Kuwait announces eligibility rules for 15-year investor residency permit. Here's who can applyKuwait has announced eligibility criteria for its 15-year Investor Residency Permit. This long-term visa program is now operational for for...
- I have become a foreign citizen. Can my mother make me a joint owner in her property in India?ET Wealth Reader's Query: I am a foreign citizen and an only son. My mother wants to make me the joint owner in a property that belongs to ...
- These 9 private and public banking stocks have an upside potential of more than 28% in one year, according to analystsTuesday saw reports that some ships were hit in the Strait of Hormuz. And, in the US, the Nasdaq was down. So, expect some pressure when th...
- Google Cloud’s big India AI bet; Swiggy crosses key ownership thresholdGoogle Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Mornin...
- Private banks write off nearly half of NPAs in FY26, outpace PSBsPrivate banks significantly reduced bad loans by writing off nearly half of their exposure. This cleansing effort primarily targeted unsecu...
- Gold overtakes vehicle loans as top securitised asset class in Q1FY'27: CRISILSecuritisation, a process through which lenders pool loans and sell them to investors to raise funds and free up capital for fresh lending,...
- ITR filing for NRIs: From miscounted days in India to missed NRO interest, these mistakes can trigger tax noticesMiscounted days in India, missed NRO interest and TDS mismatches can invite notices from a data-savvy tax department.
- Income tax department slaps notices on foreign investors with no earningsForeign investors are receiving unexpected tax notices in India, even for transactions where no profit or dividend was earned. The tax depa...
- NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR depositsBanks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...
- Foreign investments in your portfolio? Follow this ITR checklist to avoid tax scrutinyResident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...
- ITR filing 2026: Foreign income and overseas assets? Avoid these 7 costly disclosure mistakesReturning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...
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