The Reserve Bank today allowed non-resident Indians (NRIs) to transfer funds from non-resident ordinary (NRO) account to Non-Resident External (NRE) account subject to a ceiling of USD 1 million in
Non-Resident Indian (NRI) industrialists here have expressed apprehensions about the proposed Direct Tax Code, which may tax their properties and foreign currency deposits in India. "Such new taxes will discourage
The NRI community in the Gulf region had mixed feelings for the Budget, as some of them welcomed the hike in duty on gold while some others were disappointed by
A leading campaign group espousing the cause of Indian and other non-EU professionals has strongly opposed the proposal to introduce a salary threshold for migrants who wish to settle in
Citing example of China, Finance Minister Pranab Mukherjee today said that India too needs to fully tap the investment potential of NRIs and their entrepreneurial skills and promote inclusive growth.
An increasing number of Indian nationals working in Singapore are investing in properties in Malaysia, London, Australia, Thailand, Singapore and India, according to a local media report.
Public sector Union Bank of India (UBI) today announced a revision of rates in both foreign currency and rupee term deposits by the non-resident Indians (NRIs).
The interest rate on
It is no surprise that North America, with the highest number of NRIs in any region, will also have the most ultra rich Indians. But exactly how many? If you define $30 million (Rs 135 crore) as the threshold of ultra richness, then the precise answer is 1,925.
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