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Total 32 results found. Search for [ NRO accounts ]

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December 21, 2019
The clarification comes after a news report suggested that Indian banks may ask depositors and customers to list their religion

Manoj Sharma
New Delhi, December 21, 2019
The notification was first issued in March 2018 after a nodfrom the Ministry of Home Affairs and the Department of Economic Affairs,following which it was made mandatory for banks to mention the religion of aperson from Pakistan and Bangladesh for opening an account in India

Prasanna Mohanty
October 7, 2019
Reality Check: RBI data on fund flows through various channels raises serious questions but no answers as the regulator does little beyond compiling data.

August 30, 2019

August 30, 2019
The federal probe agency has issued a final show cause notice, after completion of the probe, to Watali for allegedly contravening the FEMA, and imposed penalty to the extent of Rs 62 lakh, it said

July 2, 2019

Diksha Ramesh
New Delhi, November 11, 2016
Many Indians who are traveling, studying and residing abroad have also been hit by the government's move to demonetise Rs 500 and Rs 1,000 notes.

BT Online
November 9, 2016
In an surprise address to the nation on Tuesday, Prime Minister Narendra Modi announced that currencies with denomination of Rs 1000 and Rs 500 would not be legal tender from midnight. Prime Minister also said that hospitals will be allowed to take currencies of these denominations till November 11.

New Delhi, June 17, 2016
\"NRIs can now open NPS Accounts online if they have Aadhaar Card or PAN card,\" the Finance Ministry said.

Mumbai, May 6, 2016
RBI said it has repealed and superseded regulations under the Foreign Exchange Management (Deposit) Regulations, 2000, in consultation with government.

Dipak Mondal
June 21, 2015
Any investments by non-resident Indians (NRIs) on a non-repatriable basis in Indian equities or convertible debentures would be treated as investment by residents and not FDI.

Dipak Mondal/Money Today
May 10, 2014
If you are among the people who dream of settling abroad, it is time to start the preparations in earnest. There are some important issues such as taxation and investments that you have to address at home before you can board the flight. Here is what you must do.

Vishal Dhawan
May 24, 2014
It is pertinent to point out that different countries have different taxation and investment rules and that the country you move to may or may not have double tax avoidance arrangements with India.

Mumbai, November 30, 2013
\"Banks will now have the option to pay interest on rupee savings and term deposits at intervals shorter than quarterly intervals,\" RBI has said in a notification.
September 27, 2013
Recent rulings in the personal finance sector to affect your investments-
October 7, 2013
For investments in equity or stock market, overseas Indians will have to open a savings bank account, a Portfolio Investment Scheme account, along with demat and trading accounts, writes Overseas Indian Facilitation Centre CEO Sujata Sudarshan.

Rahul Oberoi/Money Today
August 31, 2013
These days it is not uncommon for people to shift abroad for work. We discuss some things that you must do before leaving the country to keep your finances in order.
September 13, 2013
In India, property prices have appreciated significantly over the past five years. However, for the overseas Indian, it has been a marginal increase owing to the depreciation of the rupee against the US dollar, writes Overseas Indian Facilitation Centre CEO Sujata Sudarshan.
September 25, 2013
Money Today experts answer personal finance queries.

Anand Adhikari
New Delhi, June 11, 2013
Perhaps the RBI's purpose is merely naming and shaming and no more. In a late night release, the RBI added the investigation had not revealed any prima facie evidence of money laundering by the banks.

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