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OFFICE OF FOREIGN ASSETS CONTROL
Blackstone invests in South Korean robotics supplier FutronicBlackstone has invested in Futronic, a South Korean supplier of high-precision actuators serving automotive and industrial robotics sectors...20 Jul, 2026, 12.01 PM IST- Inside the legal campaign that freed Gautam Adani from US prosecutionUS prosecutors dropped bribery and fraud charges against billionaire Gautam Adani. A 10-week defense campaign presented nearly 600 pages of...19 Jul, 2026, 12.20 PM IST
- India’s private lenders bet on corporate loan revival for growthIndian banks report robust loan growth driven by corporate demand. Companies are shifting from expensive bond markets to cheaper bank borro...19 Jul, 2026, 12.19 PM IST
- An eye for dollars: SBI brings in $1.9 billion in foreign-currency resources via special scheme, way ahead of peersState Bank of India mobilized nearly two billion dollars under a central bank incentive. This amount significantly surpasses other state-ow...17 Jul, 2026, 05.30 PM IST
- Foreign or local? Investors at loss over GIFT fundsInvestors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide vary...17 Jul, 2026, 07.41 AM IST
- AIS now includes foreign assets, income dataThe Income Tax Department now shows foreign asset details in annual statements. This move aims to improve voluntary tax compliance for elig...17 Jul, 2026, 12.25 AM IST
- Bill to prevent insults to Vande Mataram, amend FCRA Act listed for Parliament's Monsoon sessionSeveral significant bills are slated for introduction during the Lok Sabha Monsoon session. The Vande Mataram national song will receive st...16 Jul, 2026, 09.31 PM IST
- Have an inactive foreign bank account? You may still need to disclose it in your ITR for AY 2026-27Indian taxpayers must report dormant foreign bank accounts in their ITR. This requirement applies even if accounts have zero balance and no...16 Jul, 2026, 03.34 PM IST
- India realty attracts record $8.5 billion equity inflows in H1: CBREIndia's real estate sector saw record equity inflows of USD 8.5 billion in the first half of 2026. This represents a significant 32% year-o...16 Jul, 2026, 02.33 PM IST
- Foreign assets in AIS: CBDT sets the stage for Foreign Assets of Small Taxpayers Disclosure SchemeThe CBDT’s decision to upload foreign financial information into taxpayers’ annual information statements may be more than an administrativ...16 Jul, 2026, 11.41 AM IST
- US sanctions 7 individuals, entities for supporting IRGC; reiterates stance for Tehran's denuclearisationThe United States imposed new sanctions on Iran for attacking commercial vessels. American forces conducted military strikes targeting Iran...16 Jul, 2026, 06.17 AM IST
- Indian real estate attracts $3.2 billion PE investments in H1 2026, up 33% YoY: Savills IndiaPrivate equity investments in India's real estate sector rose 33% year-on-year to $3.2 billion in the first half of 2026, driven by strong ...15 Jul, 2026, 12.43 PM IST
- ITR 2026: Increased disclosure requirements for overseas investments and foreign assets—are Indian taxpayers ready?Indian taxpayers face new disclosure rules for foreign assets and investments. Global information exchange frameworks necessitate accurate ...14 Jul, 2026, 10.59 AM IST
- Private equity investments in real estate jump 33% in H1Private equity investment in India's real estate sector reached USD 3.2 billion in the first half of 2026. Data centers led investment infl...13 Jul, 2026, 02.08 PM IST
- ET Graphics: Domestic investors overtake foreign funds at Swiggy in a show of home advantageDomestic investors now hold majority stakes in Swiggy, reducing foreign holdings. Several foreign institutional investors have significantl...11 Jul, 2026, 12.02 AM IST
- 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...10 Jul, 2026, 10.43 AM IST
- Invested in foreign shares? Know how to file ITR with ‘relevant accounting period’ for reporting foreign assets in Schedule FA?Indian residents holding foreign assets must report them in Schedule FA. This reporting uses the calendar year ending December 31, 2025. As...10 Jul, 2026, 10.33 AM IST
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