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  • Indian-origin professor named 'Emerging Leader in Health and Medicine Scholar' Sep 04, 2022 07:45 AM IST

    Indian-origin professor named 'Emerging Leader in Health and Medicine Scholar'

    Arur is the first MD Anderson faculty member to be appointed to this prestigious group since its creation in 2016.

  • Rise in foreign liabilities of mutual fund companies led to better foreign investment in India, say industry experts Aug 12, 2022 09:13 PM IST

    Rise in foreign liabilities of mutual fund companies led to better foreign investment in India, say industry experts

    Foreign assets of MF companies increased by $3.6 billion during the year on the rise in equity holdings, to $6.5 billion in March 2022.

  • Here's what NRIs wanting to invest in real estate should know to ensure there are no gaps in property selection Mar 10, 2022 01:11 PM IST

    Here's what NRIs wanting to invest in real estate should know to ensure there are no gaps in property selection

    NRIs who have invested in real estate back home often have limited information about the quality or for that matter regarding the approvals and financial status of the project

  • Explained: Tax implications for NRIs who want to sell property in India Mar 02, 2022 11:27 AM IST

    Explained: Tax implications for NRIs who want to sell property in India

    The tax implications in case of sale of residential property in India by a non-resident is same as that for a resident individual i.e. capital gain, if any, will attract tax in India.

  • Here’s what NRIs must know about property ownership in India Feb 23, 2022 07:24 AM IST

    Here’s what NRIs must know about property ownership in India

    Purchase or acquisition by way of gift of agricultural land, farmhouse, or plantation property is not allowed for NRIs and OCIs.

  • These banks offer 6.3% interest on NRO deposits Jan 24, 2022 09:56 AM IST

    These banks offer 6.3% interest on NRO deposits

    Smaller private banks offer the best interest rates for non-resident deposits

  • How the Great Indian Brain Drain is taking a toll on the economy Jan 05, 2022 12:24 PM IST

    How the Great Indian Brain Drain is taking a toll on the economy

    Studies have found that 23,000 Indian millionaires have left India since 2014 and that nearly 7,000 millionaires left in 2019 alone, costing the country billions in tax revenue. Since 2015, nearly 9 lakh Indians have given up their citizenship.

  • NRO deposits: These five foreign banks offer up to 5.5% interest Dec 16, 2021 10:46 AM IST

    NRO deposits: These five foreign banks offer up to 5.5% interest

    DBS Bank offers the best interest rates for non-resident deposits

  • These five banks offer up to 7% interest on NRO deposits Oct 27, 2021 10:45 AM IST

    These five banks offer up to 7% interest on NRO deposits

    Small finance banks offer the best interest rates for non-resident deposits

  • Indian Missions to ensure safeguards for adopted children taken overseas by Indian parents within 2 years of adoption Aug 23, 2021 06:43 PM IST

    Indian Missions to ensure safeguards for adopted children taken overseas by Indian parents within 2 years of adoption

    So far, Indian diplomatic missions abroad had a role in inter-country adoption of Indian children limited to children adopted by Non-Resident Indians (NRIs), Overseas Citizen of India (OCI) or foreign parents.

  • 62% increase in enquiries for investment migration programs from Indians in 2020: Nirbhay Handa of Henley & Partners Aug 04, 2021 03:47 PM IST

    62% increase in enquiries for investment migration programs from Indians in 2020: Nirbhay Handa of Henley & Partners

    Handa said nearly 30 countries offer citizenship- and residence-by-investment programs. Of these, the Portugal, Thailand, Australia and Greece residence programs received the maximum applications from Indians living in India in 2020-21.

  • Healing Space | Why celebrity lives - and deaths - affect us so Jul 07, 2021 11:26 AM IST

    Healing Space | Why celebrity lives - and deaths - affect us so

    How our mourning of Aamir Khan’s divorce and Dilip Kumar’s passing is rooted in our anchoring bias, cultural identity, and social currency.

  • Explained: Why NRIs must either close or convert their Indian bank accounts Jun 07, 2021 09:07 AM IST

    Explained: Why NRIs must either close or convert their Indian bank accounts

    If you continue operating a normal savings/current account while living outside the country, you would be in violation of the FEMA laws of the RBI. You can close or convert them to NRO/NRE accounts.

  • Clarity emerges on income tax rules for NRIs stranded in India due to COVID-19 Mar 09, 2021 12:17 PM IST

    Clarity emerges on income tax rules for NRIs stranded in India due to COVID-19

    Many non-resident Indians couldn’t return to their countries due to the lockdown. The tax department has clarified the rules for determining their residential status

  • Simply Save podcast | How NRIs should work their financial plan when they return to India Feb 17, 2021 06:21 PM IST

    Simply Save podcast | How NRIs should work their financial plan when they return to India

    NRIs returning back to India don’t just come back because they’ve lost their jobs. There could many other reason for the pull, such as ageing parents, a retired life back in India or a better career opportunity back home. Such NRIs must plan their finances

  • Budget 2021: Residency problem persists for NRIs, but retirement fund glitches removed Feb 01, 2021 06:47 PM IST

    Budget 2021: Residency problem persists for NRIs, but retirement fund glitches removed

    For NRIs stuck in India due to COVID-19, the tax problem persists. But mismatch in taxation period and retirement benefit funds will be addressed

  • COVID crisis: Money matters NRIs must fix before returning to India for good May 29, 2020 09:40 AM IST

    COVID crisis: Money matters NRIs must fix before returning to India for good

    From clearing home loan dues, to changing bank accounts and buying insurance locally, NRIs must take a systematic approach to their finances before packing their bags

  • Residency relief for NRIs and foreigners: A welcome tax initiative May 12, 2020 09:03 AM IST

    Residency relief for NRIs and foreigners: A welcome tax initiative

    Due to the cancellation of international flights and lockdowns, NRIs were stranded in India

  • NRI? Stuck in India due to coronavirus? Worried about tax status? Here's all you need to know May 08, 2020 10:38 PM IST

    NRI? Stuck in India due to coronavirus? Worried about tax status? Here's all you need to know

    The Central Board of Direct Taxes noted in a circular that the decision has been taken following various representations in the matter, as concerns were expressed that a prolonged stay in the country may make them a resident of India under section 6 of the Income Tax Act, 1961.

  • Housing for all: Madras HC proposes ban on NRIs from buying houses in India Feb 04, 2020 08:47 PM IST

    Housing for all: Madras HC proposes ban on NRIs from buying houses in India

    The court on its own impleaded the Union housing and finance ministries as party respondents. It has directed them to answer a series of questions including as to how many families have basic amenity of housing in India as well as in Tamil Nadu, population and housing ratio in the country and in the state, when 'Housing for All' mission of the central government would be achieved.

  • Budget 2020: Govt clarifies on new definition of NRI under Finance Bill 2020 Feb 02, 2020 04:36 PM IST

    Budget 2020: Govt clarifies on new definition of NRI under Finance Bill 2020

    The government has said that "the new provision is not intended to include in tax net those Indian citizens who are bonafide workers in other countries"

  • Budget 2020 brings non-tax-paying NRIs into the net Feb 01, 2020 08:59 PM IST

    Budget 2020 brings non-tax-paying NRIs into the net

    Worldwide tax proposed on Indians not paying tax in any other country

  • How NRIs can manoeuvre the geo-political risks to their portfolios Jan 31, 2020 09:17 AM IST

    How NRIs can manoeuvre the geo-political risks to their portfolios

    Here are six steps that can reduce the impact of such geo-political events

  • Taxability of gifts received by NRIs from Indians Dec 10, 2019 02:58 PM IST

    Taxability of gifts received by NRIs from Indians

    A sum of money received without consideration, is deemed to accrue or arise in India

  • Interest on NRE accounts not always exempt from tax Nov 20, 2019 08:46 AM IST

    Interest on NRE accounts not always exempt from tax

    There are certain scenarios, when such an interest income becomes taxable.

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