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NRI

UPI transactions possible for NRIs with international phone numbers: Follow these simple steps

UPI transactions possible for NRIs with international phone numbers: Follow these simple steps

Tue, Nov 05, 2024

The UPI service is available in various countries, including the United Kingdom, the United States, Canada, Singapore, the UAE, and Australia. Several banks, such as ICICI, HDFC, the State Bank of India, and others, offer the UPI service for NRIs.

Sebi permits up to 100% aggregate NRI corpus contribution for FPIs based out of GIFT IFSCR

Sebi permits up to 100% aggregate NRI corpus contribution for FPIs based out of GIFT IFSCR

Fri, Jun 28, 2024

Over the years, there has been a consistent demand to channel more NRI and OCI investments into the Indian securities markets by enabling greater participation of NRIs and OCIs in FPI corpuses.

How NRIs can open SBI account online

How NRIs can open SBI account online

Wed, Jun 12, 2024

State Bank of India (SBI), the largest public sector bank in India, offers simple ways to open a bank account in both online and offline modes. Non-resident Indians (NRIs) can also open an SBI account.

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Money Guru: Rules for NRI for the investment in India

Money Guru: Rules for NRI for the investment in India

Mon, Jun 10, 2019

Know the rules and regulations have to be followed by NRI's if they want to invest in India

NRI Income Tax: Moved out of India for job? Check if you will have to pay taxes

NRI Income Tax: Moved out of India for job? Check if you will have to pay taxes

Tue, May 14, 2019

Section NRI Taxation under the Indian Income Tax Act, 1961, applies to individuals earning outside India. The income tax rules and perks to them are different from those applicable to Indian residents.

Jet Airways gets its first bid from a group of investors includes two entrepreneurs

Jet Airways gets its first bid from a group of investors includes two entrepreneurs

Wed, May 08, 2019

Just two days before the deadline for putting in bids, Jet Airways has got its first proposal from an unlikely group of investors. The group includes two little known entrepreneurs: a British, an NRI, and investment firms Future Trend Capital Investments, Redcliffe Capital and Adi Partners.

NRIs buy luxury and affordable homes, convert them into their rental incomes: Report

NRIs buy luxury and affordable homes, convert them into their rental incomes: Report

Tue, Apr 02, 2019

In other words, their house is an asset as well as an income generating machine.

Money Guru: What factors should NRI's consider before investment

Money Guru: What factors should NRI's consider before investment

Fri, Feb 15, 2019

In this segment of Money Guru, we discuss on the factors that NRI's should consider before investment.

Falling rupee attracts NRIs to invest in Indian real estate properties

Falling rupee attracts NRIs to invest in Indian real estate properties

Tue, Jan 29, 2019

The fact that the rupee value against dollar depreciated in 2018 was a sound reason for NRIs to view Indian real estate more favourably.

Banks yet to pay CITs Rs 25 crore for note ban period, says CLA

Banks yet to pay CITs Rs 25 crore for note ban period, says CLA

Wed, Dec 13, 2017

The Cash Logistics Association (CLA) Secretary General U S Paliwal said that these companies provided additional services for evacuating old Rs 500 and Rs 1,000 notes from ATMs across the country and recalibration of about 1.5 lakh ATMs to dispense new notes of Rs 2,000 and Rs 500.

RBI allows foreign investors to up stake in Bharat Financial

RBI allows foreign investors to up stake in Bharat Financial

Wed, Dec 06, 2017

The aggregate foreign shareholding by foreign portfolios investors (FPIs) under Portfolio Investment Scheme in Bharat Financial Inclusion Limited has gone below the prescribed threshold caution limit, Reserve Bank (RBI) said in a notification.

SC asks Centre to decide on statutory regime for NRI voting

SC asks Centre to decide on statutory regime for NRI voting

Sat, Jul 15, 2017

Giving the government "one further opportunity" to decide on the modalities of NRI voting and how it would be done, the bench of Chief Justice Jagdish Singh Khehar and Justice D.Y.Chandrachud asked it to come back to the court with its response on July 21.

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