Should NRIs be Worried about the new Indian tax charge on remittances?
If you are a Non-Resident Indian (NRI) , you may have heard of a new tax charge being applied on foreign cash remittances from tomorrow in India. However, does this...
UAE Exchange customers finally get their money back after months of uncertainty
After months of waiting, former customers of UAE Exchange Centre have finally got their funds back, while the future continues to look bleak for the once-dominant remittance company. UAE Exchange...
NRIs park almost $2 billion in NRE deposits in April, at 26-month high
Non-Resident Indians poured in almost $2 billion in April in rupee deposits as they chased higher returns even as interest rates plunged to near zero in all developed nations. This...
Selling your house in India? Understand your tax obligations
A guide for all non-resident Indians interested in realty returns. As a non-resident Indian, many of us might have bought or inherited property and want to sell it. How does...