Searched for
REMIT FUNDS OFFSHORE
India tightens checks on overseas flows as currency pressure mounts, sources sayIndia's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple ...- Why investors are ready to play in global equity leagueIndian investors are increasingly looking overseas as global markets outperform domestic equities, driven by themes like AI. While internat...
- US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
- As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
- Sebi offers a way over FPI tax rule hurdleIn a bid to streamline tax compliance, India's markets regulator Sebi is actively negotiating with the CBDT, the country’s tax authority. T...
- International funds deliver up to 50% returns in a year, subscriptions halted. Should investors book profits or stay invested?International funds have delivered up to 50% returns in one year, supported by a global tech rally, rupee depreciation, and strong earnings...
- HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...
- CitiCorp Investment Bank pays Rs 36 lakh to settle FPI rules violation case with SebiCitiCorp Investment Bank (Singapore) Ltd on Thursday settled with Sebi a case relating to issuance of offshore derivative instruments to Sy...
- Banks find new ways for overseas investmentWealthy Indians are now being allowed to invest in offshore funds in financial centers like Singapore. In the past month, around four ultra...
- NRIs and PIOs knock on RBI’s doors to transfer inheritanceThe Reserve Bank of India (RBI) has reportedly rejected requests from Indians abroad to move money from banks and sell inherited assets abo...
- Panama Papers: ED seizes over Rs 41-cr valued prime real estate of Zavareh PoonawallaThe ED said besides "mis-declarations" in remittances, Zavareh Poonawalla and his family members also "wrongly" claimed these investments a...
- India's wealthy face a new hurdle to investing in offshore funds via LRSAIFs are specialised investment products that are tailor-made for ultra-high-net-worth individuals and they invest predominantly in unliste...
- Future of offshore investments! ETFs are a more efficient way to invest in equitiesOver the years, the limit for such remittance has fluctuated from USD 75,000 per annum to USD 250,000 per annum. The LRS limit can be avail...
- S&P downgrades Chinese developer Sinic due to unclear repayment plans"Sinic had previously prepared to remit funds offshore to repay its $246 million senior notes due Oct. 18, 2021, with its unrestricted cash...
- RBI to keep closer watch on those sending funds abroadEver since India’s foreign exchange reserves crossed $100 billion in 2003, the central bank has been allowing Indians to remit money abroad...
- Income Tax department asks individuals named in Paradise Papers to appear with passportsA look at the passport will reveal their travel destinations and the number of trips made over the past few years, two persons familiar wit...
- RBI questions dealings under liberalised remittance scheme on laundering suspicionLast week, many who figured in the Panama list received notices from Enforcement Directorate which has the power to arrest under antimoney ...
- Panama papers that named Big B, Aishwarya Rai spook DLF, Indiabulls, Apollo Tyres stocksDLF fell 1.77% to hit a low of Rs 118.70. Apollo Tyres shed half a per cent, before entering into the black. Indiabulls Real Estate was tra...
- How Sahara played a string of clever deals to buy prime properties abroadHere's how funds moved from one Sahara firm to another. The Grosvenor House deal had its origin in Sahara India Real Estate.
- Rise in donations abroad raises fresh questionsRBI says total donations did not cross $1.6 mn in '07-08. What has gone unnoticed is 10-fold jump in amount remitted as gifts. Richest Indi...
Load More
