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Non Resident

Apr 21, 2016 at 17:53 | Source: CNBC-TV18
In the affidavit Vijay Mallya said, as he is a Non-Resident Indian (NRI) he is not obliged to disclose overseas assets and seeks to file details of assets in a sealed cover.
Mar 23, 2016 at 13:17 | Source: Moneycontrol.com
Indian residents are subject to income tax in India on their worldwide income, whereas non-residents are taxed only on income sourced in India. Certain types of income are deemed to accrue or arise in India under prescribed circumstances.
Mar 01, 2016 at 15:20 | Source: PTI
For FCNR (B) deposits, in US Dollar terms, the revised interest rate has been fixed at 1.74 percent for deposits of one year and above but less than two years from the existing 1.70 percent.
Jan 11, 2016 at 11:16 | Source: Moneycontrol.com
If you are a non resident Indian and has a PAN, you can file your income tax returns and also enjoy benefit of the basic exemption limit.
Jan 04, 2016 at 17:15 | Source: PTI
For deposits of two years and above but less than three years, the interest rate has been revised to 2.16 percent from existing 2 percent, the Chennai-based bank said in a statement.
Dec 18, 2015 at 08:15 | Source: PTI
The Finance Ministry said amendment in the Income Tax Rules have been made to "strike a balance between reducing the burden of compliance and collection of information" in case of payments made by domestic entities to non-residents.
Dec 11, 2015 at 13:19 | Source: Moneycontrol.com
As an NRI returning to India, you can retain all your overseas assets including properties, market investments, stocks etc, provided you acquired them when you were residing outside India
Nov 18, 2015 at 11:28 | Source: Moneycontrol.com
"Registered foreign portfolios investors/foreign institutional investors/qualified foreign investors can now invest up to 12 percent and non resident Indians (NRIs)/ persons of Indian origin (PIO) up to 2 percent of the paid up capital of Pipavav Defence under portfolio investment scheme (PIS)," the Reserve Bank said.
Nov 17, 2015 at 22:07 | Source: PTI
As per the earlier FDI policy in the defence sector, foreign investment up to 49 percent was permitted under government approval route.
Nov 11, 2015 at 14:16 | Source: PTI
With this partnership, the bank's Non-Resident Indian (NRI) customers who also bank with SBI can now avail themselves of the fastest remittance service in the UAE more easily.
Messages on Non Resident »

avijitb

Platinum Member

73 Followers

Canara Bank  

Agree with you. Especially it is very cumbersome for non resident shareholders.

2.54 PM Feb 19th

makeprofitz

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21 Followers

index  

foreign shareholding through american depository receipts (adr)/global depository receipts (gdr)/ foreign institutional investors (fiis)/foreign portfolio investors (fpis)/ foreign direct investment (fdi)/non-resident indians (nris)/ persons of indian origin (pios) in hdfc bank have gone below

11.35 AM Feb 17th

bharwad_sha
ilesh

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HDFC Bank  

Investments (FDI)/ Non-Resident Indians (NRIs)/ Persons of Indian Origin (PIOs) in the Bank has gone below the prescribed limit stipulated under the extant FDI policy. Hence the restrictions placed on the purchase of shares of the Bank have been withdrawn with immediate effect.

11.27 AM Feb 17th

BSE/NSE Announcer

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HDFC Bank  

Investments (FDI)/ Non-Resident Indians (NRIs)/ Persons of Indian Origin (PIOs) in the Bank has gone below the prescribed limit stipulated under the extant FDI policy. Hence the restrictions placed on the purchase of shares of the Bank have been withdrawn with immediate effect.

10.17 AM Feb 17th

BSE/NSE Announcer

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Aditya Birla F  

,13,269 Equity Shares of Rs. 10/- each ("said Shares"), to Non-resident (Repatriable) Shareholders of ABNL, under Lot 7, on February 14, 2017.The said Shares rank pari passu in all respects with the existing Equity Shares of the Company.Consequent to the above allotment, the Paid-up Equity Share

6.40 PM Feb 14th

BSE/NSE Announcer

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Amforge  

Amforge Industries has informed that Mr. Puneet Makar, has resigned as Managing Director of the Company with effect from close of office hours of February 09, 2017, as he become a Non-Resident Indian. However, he would continue as Director of the Company.

9.03 PM Feb 9th

BSE/NSE Announcer

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Amforge  

Amforge Industries Ltd has informed BSE that Mr. Puneet Makar, has resigned as Managing Director of the Company with effect from close of office hours of February 09, 2017, as he become a Non-Resident Indian. However, he would continue as Director of the Company.

5.15 PM Feb 9th

Wire News

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News Now  

Rupee-denominated offshore bonds, popularly known as masala bonds, today got a tax benefit boost with the Union Budget exempting them from taxation for transfer among non-residents, while a low rate of 5 per cent will apply for investors till 2020.

4.44 PM Feb 1st

Wire News

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News Now  

Yes Bank has forged a strategic partnership with Andhra Pradesh Non-Resident Telugu (APNRT) Society to offer exclusive banking services to all Telugu-speaking NRIs in the state.

3.06 PM Jan 24th

BSE/NSE Announcer

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Aditya Birla F  

,46,552 Equity Shares ("said Shares") of Rs. 10/- each, to Non-resident (Repatriable) Shareholders of ABNL on Non - Repatriable Basis, under Lot 6 on January 06, 2017. The said Shares rank pari passu in all respects with the existing Equity Shares of the Company.Consequent to the above allotment

5.38 PM Jan 6th

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