These property buyers had either swiped international credit cards (ICCs) on visits to the Emirates to pay the initial deposit or had click...

Banks are closely watching Indian companies' foreign investments. They are asking more questions about the purpose and success of these ven...

Banks are tightening the rules for corporate credit cards following regulatory concerns. Users must now declare that these cards will only ...

The income tax department scrutinizes donations of ₹5 lakh or more made to little-known political parties during FY 2020-21, suspecting mon...

The RBI is scrutinizing the misuse of a 2003 rule allowing Indian students abroad to be treated as NRIs, which enables large overseas fund ...

The British tax office has requested India to recover unpaid taxes from an Indian businessman now settled in India, utilizing an uncommon t...

HDFC Securities has issued a sell recommendation for Balkrishna Industries with a revised target price of Rs 2092. Despite strong volume gr...

Many Indian high net worth families have been swept up in the frenzy of the Dubai realty market where developers threw in lucrative offers ...

UK-based Indian families including millionaires and recent migrants are planning to split their time across multiple countries to avoid a n...

The Enforcement Directorate (ED) in India is investigating wealthy individuals who have been investing in offshore funds that primarily inv...

Many resident Indians who bought SPAC shares haven’t disclosed such investments in ITRs. SPACs are established solely to raise capital thro...

Over the past one week, some companies acting as agents and marketing intermediaries of insurance companies have received notices under the...

Unlike residents, NRIs are not required under the law to pay tax on overseas earnings or declare foreign assets. However, if they overstay ...

The Income Tax (I-T) department is using a fine-tooth comb to nab discrepancies in the tax deducted at source, or TDS, by companies and the...

Taxpayers in India are receiving notices from the Income Tax department for old tax demands, some dating back more than 15 years, that have...

Till now many bought time and tried to dodge the tax office by denying ownership or links with any overseas assets with false submissions, ...

Many affluent individuals transferring funds abroad to run bank accounts and acquire properties or stocks abroad under the Reserve Bank of ...