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GIFT BY NRI TO RESIDENT INDIAN UNDER FEMA
ETMarkets Smart Talk| ‘Desi to Videsi’: How GIFT City is changing the way Indians invest globally — Mustafa PardiwalaGIFT City is emerging as a gateway for Indian investors seeking global diversification, offering access to US stocks, ETFs and sectors such...
NRI child sending money to parents in India: Why a tax-free gift can still trigger an income-tax noticeParents receiving money from their NRI children in India may enjoy tax exemptions on gifts, but large transactions can attract scrutiny fro...
Dubai NRI bought Rs 2.31 crore property, didn’t file ITR, got income tax notice; she fights back and wins in ITAT on these groundsMrs Chudamasa’s counsel argued that the AO had erred in treating Rs 2,31,20,000 as investment made during financial year 2017-18. He submit...
Geojit Financial Services reshuffles top deck; Jones George to take over as MDGeojit Financial Services will transition leadership on October 1, 2026, with founder C.J. George becoming Executive Chairman and Jones Geo...
IIBX plans to bring bullion to Bengal’s doorstep with Kolkata vault by DiwaliIIBX will open its own bullion vault in Kolkata by Diwali, enabling West Bengal jewellers to take local delivery instead of sourcing bullio...
GIFT City eyes direct listings without IPO to deepen equity market, says IFSCA's Pradeep RamakrishnanIFSCA plans to introduce a direct-listing framework at GIFT City within months, allowing companies to list shares without traditional IPOs....
NRE vs NRO FD TDS rules: Tax rate for NRIs, PAN rules, DTAA benefit and repatriation limitWhen it comes to Non-Resident External (NRE) and Non-Resident Ordinary (NRO) fixed deposits, understanding their distinct tax implications ...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsGiven the current market situation, no sector is immune from headwinds. The banking sector is no exception. There are clear short-term head...
My NRI status changed. Will interest earned on my NRE FDs be taxable in India?ET Wealth reader's query: I was an NRI until FY2024–25. After relocating to India, my residential status changed to ‘resident’ from FY2025–...
Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
IndusInd Bank eyes India’s 2,117 GCCs with new banking verticalIndusInd Bank has introduced a new banking vertical specifically for Global Capability Centres within India. This initiative aims to addres...
Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
Buying property from an NRI? Know the new TDS, PAN, and Form 141 rules effective October 1Beginning 1 October 2026, resident Indian buyers will enjoy simplified compliance when purchasing property from non-resident sellers. They ...
ETMarkets NRI Talk| Want to invest in US IPOs? Ankita Pathak on what Indian investors need to knowUnder the Liberalised Remittance Scheme, Indian investors have the opportunity to participate in US IPOs, including Anthropic. However, the...
FD interest rate rules to change from October 1, 2026: Uniform interest rates on bulk deposits, daily rate updates and more that depositors need to knowEffective from October 1, 2026, the Reserve Bank of India will implement new rules concerning bulk fixed deposits. Every bank will be manda...
Good news: Property purchase from NRIs gets easier as govt amends Form 141; check how it helpsFrom October 1, 2026, Indian property buyers can buy properties from non-residents without getting a TAN. Instead a new system has been lau...
- 'FCNR haul to power HSBC's India wealth, retail banking push'
HSBC forecasts that foreign currency deposits will significantly enhance its operations in India. By securing $14.5 billion through a speci...
Karnataka HC dismisses Genpact's plea against ED seizure of Gurugram officeThe ED alleges that the resulting entity repaid about Rs 7,800 crore, including principal and interest, to Genpact Luxembourg between 2018 ...
Can NRIs save income tax by gifting shares to their resident parents? Know these tax rules before transferring sharesWhile giving shares to your parents who reside in your home country might appear as a thoughtful gesture, it has substantial tax considerat...
How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...