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Best of BS Opinion: Celebrating NRI success, reclaiming lost ground & more

Here is the best of Business Standard's opinion pieces for Saturday.

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

NRIs should apply to I-T dept for relief from double taxation: Experts

If they have lost non-resident status because of enforced stay in India, this can bring them some reprieve

ED suspects FEMA violations, seeks details of fund source, assets

The ED sought information under Section 37 of the Foreign Exchange Management Act (FEMA), which is typically invoked to obtain primary details for initiating a probe

UAE: NRI tycoon pays Rs 1 cr blood money to save Indian man on death row

A 45-year-old Indian was on death row in the United Arab Emirates for killing a young Sudanese boy in a road accident in 2012

Decide NGO's representation for priority in vaccination for NRIs: Delhi HC

Delhi High Court directed the central government to decide "as early as possible" a representation by an NGO for priority in COVID vaccination to NRIs and students who have to go abroad for studies

Plea in Delhi HC for priority in vaccination to NRIs, students going abroad

A plea to give priority in Covid vaccination to NRIs and students who have to go for studies abroad has been moved in the Delhi High Court and is likely to be heard on Monday.

NRIs, foreigners stuck in India to give info on double taxation by Mar 31

Govt on Wednesday said NRIs and foreign nationals stuck in India due to COVID and facing double taxation can submit the details to the income tax department by March 31

Biden nominates Indo-American lawyer to head Office of Personnel Management

If confirmed by the Senate, 49-year-old Kiran Ahuja would become the first Indian-American to serve this top position in the US government

Over 676,000 Indians gave up Indian citizenship in five years

The Lok Sabha was informed on Tuesday

How will Budget 2021 impact senior citizens, NRIs and salaried people

In this Podcast, we discussed how the Budget will impact finances of senior citizens, non resident Indians, salaried people and the changes in taxation on Ulips and ease of ITR

Budget: Relief from double taxation for NRIs' earnings in pension account

So, if a person moves to India and becomes a resident Indian for tax purposes, they get taxed on any income they earn in these accounts

Punjab residents launch campaign to solicit NRIs' support for farmers

A group of Punjab residents has launched an online campaign urging NRIs to come to India to lend moral and material support to farmers protesting against the Centre's agriculture laws.

Bihari NRIs congratulate Nitish Kumar, offer help in development of state

Congratulating Bihar Chief Minister Nitish Kumar on his electoral victory, Indian Americans who trace their roots to Bihar have offered their services in the development of the eastern state

NRI quota in PG Medical & dental courses in pvt colleges not sacrosanct: SC

The NEET PG 2020 examination had been held in January, and the results were declared on January 31, 2020

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

Govt allows NRIs to now acquire up to 100% equity in Air India

This has been termed a landmark decision by Union minister Prakash Javadekar

Track the number of days you spend in India to avoid the taxman's knock

Any discrepancy between what you report and the records of the government could land you in trouble

Non-resident investors are staring at higher tax rates on dividends

Those not availing treaty benefits may have to shell out as much as 40% tax

NRIs may be allowed to bid for 100% stake in debt-laden Air India

The current rules allow 100 per cent stake sale of Air India, provided substantial ownership and effective control remains with the Indian partner, an official said