Page 2 - Non Resident Indians

NRIs, OCIs do not need RBI's prior nod to buy immovable property in India

The clarification has been issued by Reserve Bank of India (RBI) following queries received at its various offices with regard to acquisition of immovable properties by Overseas Citizens of India

Celebrating NRI success: When 'national pride' trumps obvious questions

Should we not stop uncritically celebrating NRIs' elevation without regard to what kind of companies they are getting to run, and the nature of their products or business practices, wonders T N Ninan

Abhimanyu Mishra, the youngest new Grand Master, learnt the moves at 2

Mishra is also the youngest person to achieve the International Master title at 10 years, 9 months, 3 days

Non-resident entities seek withholding tax breather amid second Covid wave

In absence of certificates, they risk having 40% tax cut from revenues

Covid-19: Relief for NRIs, foreign visitors as tax residency rules eased

The government imposed a lockdown on March 24 and is yet to open up travel, including international flights.

Lockdown period not to be counted for determining residency of NRIs: CBDT

There were apprehensions that this extended stay could lead to these individuals becoming Indian residents as per Section 6 of the Income Tax Act

Government tightens rights issue pricing norms for non-resident Indians

Experts said the notification provides much-needed clarity on the "acquisition after renunciation of rights" by NRIs

Serving the needs of First World economies

This country's backwardness is exposed when Indians bribe, coax and cajole agents to get back-breaking jobs abroad to save a little money at home

Letter to BS: Govt should postpone Finance Bill provisions for NRIs

This will provide relief to the thousands of hard-working Indians who work abroad and remit their savings to the country every year

DPIIT notifies decision to permit NRIs to own up to 100% stake in Air India

The FDI policy earlier permitted NRIs to take only 49 per cent stake in the airline

NRIs to gain more than resident Indians from govt's move to remove DDT

High-income resident Indians will end up with a higher tax outgo

To ensure housing for all, HC wants to ban NRIs from buying houses in India

The court on its own impleaded the Union housing and finance ministries as party respondents

Budget 2020: NRI tax to only impact India earnings, govt clarifies

The Union Budget had proposed on Saturday that NRIs have to pay up taxes on global earnings, if they're not paying in any other jurisdiction or country, generating much debate

No intention to tax global income of NRIs in India, says FM Sitharaman

'What we are doing now is that the income of an NRI generated in India will be taxed here', said FM

Budget 2020: NRIs not paying tax in other countries will be taxed in India

This means if an Indian citizen is not a resident of any country, they will now be deemed an Indian resident and their income will be taxed here

Home is abroad: Why well-settled Indians are looking for a fresh start

Working professionals are uprooting themselves for a better life in Canada, Australia. But it's a test of perseverance

Ease of doing business for NRIs

There seems to be a fundamental flaw in the way some of the income tax provisions are administered that hurts non-resident Indians' (NRI) real estate investments in India

Do NRIs have to pay advance tax: Expert answers your taxation questions

Only senior citizens (resident individuals of age 60 years or more) are not required to pay advance tax.

NRIs can now apply for Aadhaar card on arrival without 182-day wait

NRIs with Indian passport can now apply for biometric ID on arrival or by scheduling a prior appointment

Big blow to Indians: Saudi Arabia may ban foreigners from hospitality jobs

As Saudi Arabia tries to develop its fledgling tourism industry, its also tackling citizen unemployment, which hit a high of nearly 13% last year