A 23-year-old Indian-origin doctor has been crowned Miss England after fending off competition from dozens of other models, the media reported on Friday. According to The Daily Mail, Bhasha Mukherjee, 23, from Derby, holds two different medical degrees, has an IQ of 146, making her officially a ‘genius’ and is fluent in five languages. She …
This post was originally published on 9 July 2019. The expensive gift that you kept for your overseas cousin or friend may attract tax from this year with the Budget 2019-20 proposing to impose withholding tax all such transfers, plugging an earlier loophole that allowed its tax-free treatment. The Finance Bill 2019 has imposed tax …
Budget: NRIs receiving gifts from resident Indians have to pay tax Read More »
This post was originally published on 27 March 2019. The first Qatar Visa Centre (QVC) in India was opened on Wednesday in the capital, New Delhi, in the presence of officials from both Qatar and India, the Ministry of Interior (MoI) tweeted. Six more centres will be opened in India in the coming days in …
This post was originally published on 5 March 2018. Non-Resident Indians (NRIs) who had invested in Public Provident Fund (PPF) can continue their accounts, for now, a new official announcement says. According to the new office memorandum released by the Department of Economic Affairs (DEA) on Feb. 23, the earlier notification about the closure of …
NRIs who had PPF account can continue to hold it Read More »
This post was originally published on 22 January 2018 and the content may be outdated. The decision by the Indian government to issue passports in two colours – blue and orange – and leave the address page of the document blank has evoked mixed reactions among the Non-Resident Indian (NRI) community. What are the changes …
India’s new passport reforms evoke mixed reactions Read More »
This post was originally published on 24 December 2017 and the content may be outdated. The number of NRIs registering themselves as ‘overseas electors’ has seen a two-fold jump in the last three years, the latest government and EC data show. The figure, however, is far too less when compared to the number of Indians …
This post was originally published on 15 October 2017 and the content may be outdated. Net deposits by Non-Resident Indians (NRIs) dropped sharply by 98 per cent in April-August this fiscal due to fluctuation in oil prices, industry body ASSOCHAM said. Net bank deposits — the difference between total deposits and not withdrawals — came …
NRI deposits drop 98% as oil prices remain low: Report Read More »
This post was originally published on 27 September 2017. External Affairs Minister Sushma Swaraj has ruled out any new window of opportunity for NRIs or people of Indian-origin to deposit their high-value Indian currency which was declared illegal after the demonetisation policy, a statement said today. Swaraj made these remarks during her interaction with a …
No second chance for NRIs to deposit demonetised currency: Sushma Swaraj Read More »
This post was originally published on 18 September 2017. Non-resident Indians (NRIs) who harass their wives or desert them could face impoundment or cancellation of their passport if Cental government accepts the recommendations of a high-level panel, Hindustan Times has reported citing an undisclosed source. Once the passport is impounded, the NRI husband — if …
NRIs who harass, abandon their wives may get their passports cancelled Read More »
This post was originally published on 21 August 2017. Thousands of people from the Indian diaspora converged in the heart of New York, in their traditional finery, to celebrate India’s 71st Independence Day at one of the largest parades outside India attended by ‘Baahubali’ actors Rana Daggubati and Tamannaah Bhatia. The 37th India Day Parade …
Thousands celebrate at India Day Parade in New York Read More »