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FOREIGN REMITTANCE COMPLIANCE
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...
GIFT City investment: Here’s how resident Indians can invest in global stocks, ETFs, and mutual fundsIndian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...
Why investors are ready to play in global equity leagueIndian investors are increasingly looking overseas as global markets outperform domestic equities, driven by themes like AI. While internat...
Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
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...
Trump’s trap: The price Asim Munir must pay for American flatteryTrump’s push to expand the Abraham Accords has placed Pakistan in a sharp diplomatic bind, according to the report. After recent US engagem...
The $138 bn buffer: India’s most visible export can rescue the rupeeIndia is considering a policy push to accelerate overseas deployment of skilled workers as part of a broader strategy to support the rupee ...
Outward remittances: NBFCs don't need prior RBI nod for dealer tie-upsThe framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at re...
RBI eases rules for outward remittances; drops prior approval for non-bank entitiesThe Reserve Bank of India has eased rules for non-bank entities facilitating outward remittances. Prior approval from the RBI is no longer ...
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...
12 key income tax form changes every taxpayer should know: From Form 16 to Form 168A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will use these new fo...
Sebi mulls allowing OBPPs to offer products regulated by IFSCA, tax-saving bondsMarkets regulator Sebi on Tuesday proposed allowing Online Bond Platform Providers (OBPPs) to offer products or services regulated by Inter...
NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...
India’s trade map enters a world that’s threatened by missiles & bombsIndia's ambitious trade deals are now facing their crucial test. Agreements signed with countries like the UK and Oman are in transition. W...
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 ...
New I-T law, higher securities transaction tax on F&O trade to kick in from April 1New tax laws and budgetary provisions, including higher STT on F&O trades and lower TCS on overseas tour packages and LRS remittances for m...
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...
Don't turn your overseas property dream into a legal nightmareStructuring choices, missed disclosures, and documentation gaps can turn a global investment into a regulatory headache
TCS on credit card and forex card under RBI LRS lacks parity: What experts suggest Budget 2026 do?Foreign spending by Indians faces a tax anomaly. While forex and debit cards incur Tax Collected at Source (TCS) under LRS, international c...
Banks block fund remittances abroad without right codeTo control random money outflows, Indian banks are now demanding specific reasons for overseas fund transfers. They are discouraging the us...