banking Archives | Pravasi Samwad

ITAT Gives Dubai-Based NRI Relief in ₹3.41 Crore FCNR Tax Dispute Over Yen-Rupee Mix-up

The Jaipur tribunal upholds the deletion of a tax addition after bank records traced the source of the foreign currency

Canara HSBC Life Launches Dollar-Denominated Investment Plan for NRIs Through GIFT City

The Global Wealth Plan combines market-linked investments with life insurance protection and is being distributed through Policybazaar PRAVASISAMWAD.COM Canara HSBC

NRI Dollar Inflows Ease Indian Banks’ Deposit Crunch, but Profit Margins Face Pressure

A surge in foreign currency deposits has narrowed the gap between bank lending and deposits, but high funding costs and

NRIs Turn to High-Yield Dollar Deposits as RBI Revives FCNR Strategy

Higher returns on foreign-currency deposits are drawing overseas Indians, as the central bank seeks to strengthen forex reserves and support

Returning to India? NRI entrepreneur flags 14 common misconceptions

From living costs and taxes to US property, green cards and retirement savings, Gaurav Dutta says returning Indians should plan

Sitharaman Reaches Qatar for AIIB Annual Meeting, Bilateral Economic Talks

Finance Minister to represent India at the 11th AIIB meeting in Doha and hold talks with global and Qatari counterparts

Indian companies line up $3 billion debt sales ahead of RBI policy review

Companies seek to lock in borrowing costs as markets weigh the possibility of an October interest-rate increase PRAVASISAMWAD.COM Indian companies

NRI transfers: NRO to NRE account allowed within $1 million annual limit

RBI rules allow eligible NRIs to move funds from NRO accounts to NRE accounts, subject to tax compliance and repatriation

HDFC Bank wins Bahrain court cases over Credit Suisse AT-1 bonds

HDFC Bank has secured favourable rulings in two legal proceedings in Bahrain involving investors who purchased Additional Tier 1 (AT-1)

Kuwait-based Indian worker wins tax relief after remittance dispute

The Ahmedabad Income Tax Appellate Tribunal has removed a ₹5.52 lakh addition and ordered a fresh review of nearly ₹2.50