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OVERSEAS INCOME
FCNR(B) FD interest rates for NRIs: HDFC Bank, SBI, PNB, ICICI Bank and Axis Bank- which offers highest maturity on USD depositsGovernment support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest ...16 Jul, 2026, 01.31 PM IST- ITR 2026: Common income tax return filing mistakes that cost employees lakhsA careful, timely, and well-documented filing approach can help employees avoid notices, interest, penalties, and refund delays while ensur...16 Jul, 2026, 12.12 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
- ET Prime Special Series: Multibagger or IBC - Part 67: Can this auto ancillary close the gap between old mobility and EV revenue?The market may see this as another diversified auto component manufacturer. The deeper story is one of capital reallocation. The group is c...15 Jul, 2026, 11.13 PM IST
- India posts $2 billion current account deficit in May as trade gap widensIndia experienced a significant current account deficit of $2 billion in May 2026, primarily driven by a surge in merchandise imports that ...15 Jul, 2026, 07.59 PM IST
- India draws nearly $10 billion under RBI's overseas deposit drive to support rupee: ReportIndia has attracted about ten billion dollars through a special deposit program. This initiative aims to bolster foreign exchange reserves ...14 Jul, 2026, 02.31 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
- ETMarkets Smart Talk | Equity, mutual funds, bonds or property: Tax rules every NRI should know: Ritu ShaktawatNRIs investing in India must understand tax rules and residential status. Double Taxation Avoidance Agreements offer beneficial tax treatme...14 Jul, 2026, 09.00 AM IST
- India targets self-reliance in atomic energy to meet net-zero goals, says Parliamentary Committee on Science and Technology ChairIndia's atomic energy strategy aims for net-zero emissions by 2070. The parliamentary panel reviewed operational expansion and new internat...14 Jul, 2026, 08.37 AM IST
- South Korea launches digital nomad visa with easier rules, longer staySouth Korea has launched its F-1-D digital nomad visa, effective June 30, allowing remote workers to reside in the country for up to three ...13 Jul, 2026, 01.06 PM IST
- Global Market: Japan pension fund strategy may redraw global bond and currency marketsJapan’s plan to encourage its massive public pension funds to increase allocations to domestic assets has sparked expectations of a major s...13 Jul, 2026, 12.37 PM 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
- Foreign tax data to be included in Form 26ASOverseas financial account information will now be included in taxpayers' Form 26AS. This move will allow taxpayers to view their foreign f...10 Jul, 2026, 01.37 AM IST
- Global Market: Japanese investors ramp up overseas stock buying as Fed rate expectations easeJapanese investors significantly increased foreign stock purchases last week. This buying spree followed easing inflation worries and softe...09 Jul, 2026, 11.31 AM IST
- ITR filing 2026: NRIs need to file Schedule FA in ITR to declare foreign asset for AY 2026-2027 in this caseResident and ordinarily resident individuals must report foreign assets. This disclosure is required in Schedule FA of the income tax retur...09 Jul, 2026, 11.06 AM IST
- Global Market: Japanese fund managers bet big on yen bonds as BOJ policy shift lifts yieldsJapanese asset managers are launching new bond funds as interest rates rise. This trend revives investor appetite for yen-denominated debt ...08 Jul, 2026, 01.10 PM IST
- ITR filing for NRIs: From miscounted days in India to missed NRO interest, these mistakes can trigger tax noticesMiscounted days in India, missed NRO interest and TDS mismatches can invite notices from a data-savvy tax department.06 Jul, 2026, 11.21 AM IST
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