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REMITTANCE TAX CUT
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...- ET Alpha Wealth Summit Masterclass | India scores 6-7/10 on growth durability, but the real problem runs deeper, says Nomura's Aurodeep NandiIndia's strong GDP growth hides underlying fragilities. Economist Aurodeep Nandi warns that without boosting domestic demand and investing ...
- Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
- India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World BankIndia will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This modera...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- Exclusive | Is the India story over for FIIs? BofA says investors don't want to miss what's nextIndia's global equity market capitalization ranking has dropped to seventh as foreign investors shift focus to AI opportunities in Taiwan a...
- Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the storyIndia's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putting pressure on the Indian Rupee. J...
- India's demand-side push could build USD 37.8 billion forex shield as high oil prices threaten fiscal stability: Brickwork RatingsWith crude prices likely to stay above USD 100 per barrel for the rest of 2026 and the rupee under pressure near INR 95/USD, Brickwork Rati...
- India's economy projected to grow at 6.4% this year: UNIndia’s economy is projected to grow 6.4% in 2026 and 6.6% in 2027, according to a United Nations Economic and Social Commission for Asia a...
- Iran's Gulf attacks put India’s money flowing engine into one of the toughest testsIndia's essential remittance inflows are confronting an extraordinary obstacle. The intensifying turmoil in West Asia is fueling anxiety am...
- 3.5% remittance tax: Sending money from US to India to upset manyAn upcoming US bill imposes a 3.5% tax on remittances sent by non-citizens, impacting Indians who are a significant portion of the US immig...
- A tax-slasher's Bill of not-quite rightsDonald Trump's tax bill, OBBB, clears the US House. Senate approval is awaited. The bill is likely to be regressive and inflationary. Bond ...
- Big relief for Indian migrants: 'Big Beautiful Bill' puts remittance tax at 3.5% after Trump's 5% threatThe US House has approved the ‘One Big, Beautiful Bill Act,’ embodying Donald Trump's economic plan. A key feature is the reduction of the ...
- One Big Beautiful Bull@$#!: Trump’s move challenges foundations of remittance flows, affecting India’s economy and diasporaDonald Trump's proposed 'One, Big, Beautiful Bill' introduces a 5% tax on remittances from the US, significantly impacting countries like I...
- Trump's tax on remittances won't have big impact on Indian economyThe proposed US 5% tax on remittances is unlikely to significantly impact the Indian economy, though it may strain the diaspora and weaken ...
- Trump's 'One Big Beautiful Bill Act': How remittance tax plan might deliver a big economic blow to US allies?Trump's 'One Big Beautiful Bill Act'': A new US bill proposes a 5% tax on money sent from the US to other countries. This targets non-citiz...
- Remittances are more stable than other capital flows: World BankThis stabilising effect tends to be greater for remittance-receiving countries with a more dispersed migrant population, it said.
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