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INWARD REMITTANCE RULES INDIA
No meddling as 'middlemen' in forex conversion by banks: New rules forbid conversion of foreign earnings into rupees to detriment of exportersThe Foreign Exchange Dealers' Association of India (FEDAI) has directed banks not to convert foreign currency remittances into rupees witho...- Love shooting trains, Vande Bharat videos & scenic railway bridges with a drone? Railways is cracking down, and vloggers need to take noteIndian Railways has stepped up its crackdown on unauthorised drone operations over railway tracks, stations and other infrastructure, citin...
- Retired employee received income tax notice for Rs 9.04 lakh leave encashment; she wins case in ITAT Jaipur, know how leave encashment is taxedRetired employee sent income tax notice for Rs 9.04 lakh leave encashment, she wins case in ITAT Jaipur; Know how leave encashment is taxed...
- New CAS rules decoded: What Sebi’s revised framework means for stock market tradersSebi has revised the Closing Auction Session (CAS) framework after receiving more than 20,000 comments from stakeholders. The updated rules...
- India's Yes Bank AT-1 ruling won't impact ratings despite earnings hit, S&P saysYes Bank faced a setback as India's Supreme Court overturned its write-off of 84 billion rupees in bonds. S&P Global Ratings stated the rul...
- Sebi revises CAS rules, changes derivatives expiry settlement methodologySebi has announced changes to the closing auction session for the equity cash market, which will begin in December 2026. The revised sessio...
- India's August balance of payments surplus swings to $45.4 billion from $5.6 billion deficitIndia's balance of payments showed a surplus of $45.4 billion in August, despite a current account deficit. Net transfers, which include re...
- India insurance regulator to oversee smooth transition to new commission rules, chairman saysIndia's insurance regulator, the IRDAI, plans to implement reforms for insurance sales to improve the market. Proposed changes include capp...
- Delhi Bar Council condemns personal attacks on judges, asks people to exercise restraintThe Bar Council of Delhi has written to Chief Justice of India Surya Kant regarding personal attacks on judges. It emphasized the importanc...
- How much gold jewellery can you keep at home? Know income tax rules for married women, unmarried women and men
- Rs 5,000 fine for talking or watching on speaker mode! Railway passengers could land in trouble for playing reels, films or cartoons loudly or making phone calls on trainsRailways has warned passengers against playing music, watching videos or making loud phone calls using speaker mode on trains and railway p...
- RBL Bank taps Emirates NBD network to expand NRI banking, Gulf businessRBL Bank aims to utilize Emirates NBD's global network to expand its corporate and trade finance services. The partnership will enable them...
- Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake saleThe Indian government is expected to surpass its budgeted disinvestment target of Rs 80,000 crore for FY27. A significant contributor will ...
- India tightens Mauritius tax treaty rules to prevent misuse of tax benefits, effective August 10The Finance Ministry has unveiled an important amendment to the India-Mauritius Double Taxation Avoidance Agreement. Effective August 10, t...
- Rishabh Pant ruled out of first two India A matches against New ZealandRishabh Pant has been ruled out of the first two matches of the India A tour due to injury. He sustained a left side strain while participa...
- China's trade restrictions for services exporters under reviewIndia is proactively gathering insights on the trade hurdles faced by its services exporters in China, engaging with industry representativ...
- India needs open trade, a stronger WTO and a more proactive global role: ExpertsIndia's economic growth necessitates a stronger alignment of domestic priorities with international trade positions and agreements. The dis...
- New Zealand pacer Will O'Rourke ruled out of India seriesWill O'Rourke has been ruled out of the upcoming tour of India as he still requires rehabilitation. The decision was made by the New Zealan...
- flydubai pilot suffered depressed skull fracture while fighting off co-pilot who attacked him with axeCaptain Smit Machchhar sustained serious injuries during an attack by co-pilot Hammam al-Hammami in the cockpit. He suffered a depressed sk...
- 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...
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