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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

Not all NRIs need to pay tax, here's what FM clarified post budget speech

Finance minister clarified that only Indian income of NRIs is proposed to be taxed under the new provision

No tax on bonafide workers in Middle East, global income of NRIs in India

Indians working in the Middle East, as well as those in Merchant Navy, will not be taxed using the new provision

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: Non-taxpaying NRIs to be taxed in India, says FM

At present, if an Indian or a person of Indian origin managed his stay in India such that he remained a non-resident in perpetuity, he was not liable to pay tax on his global income in India.

Understand legal nitty-gritty of investing in Indian realty for NRIs

NRIs must ensure that the project they invest in is registered with the state RERA authority and complies with its regulations

$30 billion wiped off stock in 3 sessions as doubts on higher tax lingers

The realisation that the new tax rate applies not just to the super rich but also to trusts - a structure of choice for a large number of foreign funds that invest in the nation

I-T dept eyes NRIs' residential status, reopens tax assessments of 5 years

The department has pulled up people who evaded tax and were sent notices a month ahead of Budget 2019

Bill to make it compulsory for NRI men to register marriage within 30 days

If an NRI man fails to register his marriage within 30 days of date of marriage, his passport can be impounded or revoked

Swraj Paul gets Mahatma Gandhi Honour in UK for underlining work of NRIs

NRI industrialist Lord Swraj Paul has been honoured by a non-profit NGO for his outstanding efforts to highlight the profile of Non-Resident Indians and their contributions to India

Here's why NRIs too need to shift from physical to financial savings

With real estate, NRIs' favourite investment vehicle in the past, unlikely to do well in the near future, there is a strong case for them to shift to equity and debt mutual funds