Vijaya Bank revises FCNR rates

I have acquired a commercial property by way of gift from my relative in India. Can I sell and repatriate the sale proceeds to Gulf. Please clarify. Kanthi Sundar, Sharjah Yes. The sale proceeds of immovable property acquired by way of gift should ...

We are a SSI unit manufacturing shawls and stoles. Our turnover is below Rs 4 crore in one unit and below Rs 1 crore in another unit. We consume laces and beads in the production process. So far we have been buying these items locally but now we ...

This led me to the study of the law applicable to NRIs and other maneuverings in the procedure for these people (read NRIs) who want to buy a property in India. Here it goes: Though with FEMA the foreign exchange laws have been modified and diluted ...

Both NRIs and PIOs can buy life covers from India as the policies give you coverage across the world Much as the Indian residents, non-residents of India (NRI), too, can get a life cover in India. Life coverage spans across the world, no matter ...

0 Comments, Be the first to comment | 10/04/2013 10:55 AM | By ushering the end of the special status, the normally resident Indians, masquerading as pseudo NRIs should be stopped from holding accounts in tax havens Washington-based International ...

I am currently investing in the following funds with a four-year time frame to generate Rs 16-18 lakh to construct my house. I invest Rs 4,000 per month in the following funds: ICICI Pru Focussed Equity, IDFC Premier Equity, HDFC Balanced, ICICI Pru ...

There has been a fair amount of uncertainty regarding the internal and external influences on Indian stock markets and this has pushed the risk-averse investor towards the stability and security of bank deposits. Indian expats have, by and large, ...