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NRI NEWS AND ARTICLES

NRI NEWS

  • China was never before this cheap in comparison to India, says HSBC

    The global brokerage joins slew of others such as UBS, Nomura and Jefferies to increase its weight on China citing easing of headwinds and attractive valuations

  • Review of India's indigenous Covaxin shot underway, WHO says

    Millions of Indians have taken the shot produced by Bharat Biotech but many have been unable to travel pending the WHO approval

  • Centre expects tax revenues to be above 10% budget target: Officials

    India's economy grew 20.1% between April and June, versus a 24.4% contraction during the same period last year.

  • Kotak Mahindra Bank's consolidated net profit up 1.4% YoY in Q2

    On a standalone basis, the lender's net profit is down 7% YoY

  • Bombay HC grants injunction in favour of Zee in dispute with Invesco

    Zee had said it was unwilling to hold an extraordinary general meeting of shareholders as requested by Invesco, its largest shareholder.

Articles

  • Tax Exemption Certificate

    Under the Indian Income Tax Act, 1961 (the “Act”) any income or capital gain receivable by the NRI from any […]

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  • US Tax Implications and Reporting Requirements

    Background: US tax laws are based on residency as well as citizenship. That is, the US taxes both its residents […]

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  • Adoption Laws

    “Adoption” means the process through which the adopted child is permanently separated from his biological parents and becomes the lawful […]

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  • Portfolio Investment Scheme (PIS)

    Portfolio Investment Scheme (PIS) is a scheme of Reserve Bank of India defined in Schedule 3 of Foreign Exchange Management […]

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  • Estate Laws for Non-Resident Indian (NRI) In India

    Non-Resident Indians Non-Resident Indians (NRIs) are citizens of India or Persons of Indian origin who qualify as Non-Residents in India […]

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