A person faced a Rs 2.28 crore tax notice for unexplained income. After filing an ITR declaring Rs 3.83 lakh, the tax department added the large sum. However, ITAT Ahmedabad significantly reduced the ...
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NRE Vs NRO: Tax Rules, Repatriation Limits & Source Of Funds – Which NRI Account Truly Works For You?
New Delhi: If you are a Non-Resident Indian (NRI), you cannot maintain a regular savings account in India. Instead, banks offer specialised accounts to help you manage your financial transactions ...
Mumbai: India’s largest public sector bank, State Bank of India (SBI), has announced a change to its Auto-Sweep (MOD) facility. The bank has increased the minimum threshold from Rs 35,000 to Rs 50,000 ...
Son applies for late father’s SBI bank job who died in harness, gets no response for years, files case, gets Rs 1 lakh, ...
When Non-Resident Indians (NRIs) return to India after living abroad for an extended period, their tax status and the treatment of their foreign currency accounts such as FCNR and NRE deposits undergo ...
I am a non-resident Indian (NRI) and began investing in listed companies in 2022 through my NRE account. I now want to churn my portfolio, selling some shares and reinvesting the proceeds into other ...
With the due date for filing income tax returns (ITR) upon us, millions of taxpayers are in a last-minute rush to complete their ITR filing before the deadline. The ITR due date is 15 September 2025. ...
Question: I am returning to India for good before the end of this month as I am planning to take up employment with a Global Capability Centre. Will I have to convert my NRE account into a resident ...
It's essential to settle all outstanding credit card dues and close unused accounts before returning to India. The Trump administration's stricter visa policies and proposals have created uncertainty ...
MUMBAI -Days after the State Bank of India (SBI) declared Reliance Communications’ (RCom) accounts as ‘fraud’, the Bank of India has also classified the loan accounts of the company, its promoter Anil ...
Haryana RERA orders reputed builder to pay Rs 85 lakh interest compensation for five year delay in giving possession of house ...
With the UK retirement age set to rise to an oh-so-miserable 68 by 2046, saving for a pension may feel like the last thing on your mind. But, according to experts, putting away just £21 a month could ...
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