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UPI One World Wallet Services Launched For NRIs, International Travellers by NPCI
UPI One World wallet service has been launched by the National Payments Corporation of India (NPCI) for non-resident Indians (NRIs) and international travellers visiting the country. The service was first announced last year during the G20 summit which India hosted. It will allow travellers who do not have an Indian bank account to access the Unifi...
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These 10 Countries Will Soon Let Non-Resident Indians Make UPI Payments
The NPCI (National Payments Corporation of India) has recently declared that Non-Resident Indians (NRIs) with bank accounts in India, but with international mobile numbers, can now make UPI payments.
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Popular Front (PFI), Linked Entities Received Rs 120 Crore Funds: Probe Agency
Certain PFI members based abroad have been found to be sending funds to their NRI accounts in India and subsequently transferring them to the leaders of the radical Islamic organisation so as to evade the foreign funding regulation law, the ED said F
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RBI Enables Bharat Bill Payment System to Allow Cross-Border Inbound Payments
The Reserve Bank of India (RBI) has enabled the Bharat Bill Payment System (BBPS) to process cross-border inbound payments for the non-resident Indians (NRIs). After the enabling of the inbound payment process, the NRIs no longer need to send money to the India-based accounts of their family members to pay utility bills in India.
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3 Bank Staff Among 12 Arrested For Trying To Withdraw Money From NRI Account: Delhi Police
The Delhi Police Cyber Cell has arrested 12 people, including three HDFC Bank employees, for allegedly trying to withdraw money from the account of an NRI, officials said on Tuesday.
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RBI Enhances Scope Of Non-Resident Rupee Accounts
To popularise cross-border transactions in Indian rupee, the Reserve Bank of India has enhanced the scope of 'Special Non-resident Rupee'.
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Kashmiri Businessman Fined Rs 62 Lakh For Alleged Forex Violation
The Enforcement Directorate on Friday said it has slapped Rs 62 lakh penalty on Kashmiri businessman Zahoor Ahmad Shah Watali, already facing terror-funding charges, for alleged violation of foreign exchange rules and operating bank accounts in Delhi using fake NRI credentials.
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For These Tasks, You Will Be Able To Quote Aadhaar Instead Of PAN
Aadhaar-PAN inter-linking: While the government has allowed quoting of Aadhaar in place of PAN under the Income Tax Act, it has also announced grant of Aadhaar to NRIs on arrival without a waiting period. Meanwhile, the Income Tax Department has set a September 30 as the last date for assessees to link the two "unless specifically exempted". Aadhaa...
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10 Key Things To Know About Changes In PAN, Aadhaar Rules
The government has announced a slew of changes in rules relating to Permanent Account Number (PAN) and Aadhaar. From allowing quoting of Aadhaar by assessees in place of PAN for filing income tax returns to grant of Aadhaar to non-resident Indians (NRIs) without a waiting period, some of the recent changes in Aadhaar and PAN were announced in the U...
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All You Need To Know About State Bank Of India NRI Accounts
SBI NRI Services: Non Resident External (NRE) accounts can be opened by individually or jointly with other non-resident Indians (NRI), PIO or OCI.
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SBI Savings Accounts For Non-Residents: Minimum Balance, Eligibility And Other Details
State Bank of India offers three types of accounts to NRIs: Non Resident Ordinary (NRO) account, Non Resident External (NRE) account and Foreign Currency Non-Repatriable (Bank) FCNR (B) account.
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Number Of New Indian H-1B Beneficiaries Has Dropped, Says US Report
In 2016 technology professionals from India accounted for 74.2 per cent of the total number of H-1B visas issued by the US and the next year the figure increased to 75.6 per cent, a government report said here today.
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SBI's NRE Account: Features, How To Avail Loans, Interest Rates
State Bank of India (SBI), the largest lender of the country, allows non-resident Indians (NRI) customers to open a Non Resident External (NRE) Account.
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How To Close SBI's PPF Accounts If You Are An NRI
In case an NRI has not yet closed his/her PPF account with SBI, he/she would be getting a post office saving bank account rate, which at present is 4%, said SBI.
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NRIs Dont Need To Link Aadhaar With Bank Accounts, Says UIDAI
Most NRIs and PIOs may not be eligible for Aadhaar enrolment as per Aadhaar Act...," the UIDAI had said.
-
UPI One World Wallet Services Launched For NRIs, International Travellers by NPCI
UPI One World wallet service has been launched by the National Payments Corporation of India (NPCI) for non-resident Indians (NRIs) and international travellers visiting the country. The service was first announced last year during the G20 summit which India hosted. It will allow travellers who do not have an Indian bank account to access the Unifi...
-
These 10 Countries Will Soon Let Non-Resident Indians Make UPI Payments
The NPCI (National Payments Corporation of India) has recently declared that Non-Resident Indians (NRIs) with bank accounts in India, but with international mobile numbers, can now make UPI payments.
-
Popular Front (PFI), Linked Entities Received Rs 120 Crore Funds: Probe Agency
Certain PFI members based abroad have been found to be sending funds to their NRI accounts in India and subsequently transferring them to the leaders of the radical Islamic organisation so as to evade the foreign funding regulation law, the ED said F
-
RBI Enables Bharat Bill Payment System to Allow Cross-Border Inbound Payments
The Reserve Bank of India (RBI) has enabled the Bharat Bill Payment System (BBPS) to process cross-border inbound payments for the non-resident Indians (NRIs). After the enabling of the inbound payment process, the NRIs no longer need to send money to the India-based accounts of their family members to pay utility bills in India.
-
3 Bank Staff Among 12 Arrested For Trying To Withdraw Money From NRI Account: Delhi Police
The Delhi Police Cyber Cell has arrested 12 people, including three HDFC Bank employees, for allegedly trying to withdraw money from the account of an NRI, officials said on Tuesday.
-
RBI Enhances Scope Of Non-Resident Rupee Accounts
To popularise cross-border transactions in Indian rupee, the Reserve Bank of India has enhanced the scope of 'Special Non-resident Rupee'.
-
Kashmiri Businessman Fined Rs 62 Lakh For Alleged Forex Violation
The Enforcement Directorate on Friday said it has slapped Rs 62 lakh penalty on Kashmiri businessman Zahoor Ahmad Shah Watali, already facing terror-funding charges, for alleged violation of foreign exchange rules and operating bank accounts in Delhi using fake NRI credentials.
-
For These Tasks, You Will Be Able To Quote Aadhaar Instead Of PAN
Aadhaar-PAN inter-linking: While the government has allowed quoting of Aadhaar in place of PAN under the Income Tax Act, it has also announced grant of Aadhaar to NRIs on arrival without a waiting period. Meanwhile, the Income Tax Department has set a September 30 as the last date for assessees to link the two "unless specifically exempted". Aadhaa...
-
10 Key Things To Know About Changes In PAN, Aadhaar Rules
The government has announced a slew of changes in rules relating to Permanent Account Number (PAN) and Aadhaar. From allowing quoting of Aadhaar by assessees in place of PAN for filing income tax returns to grant of Aadhaar to non-resident Indians (NRIs) without a waiting period, some of the recent changes in Aadhaar and PAN were announced in the U...
-
All You Need To Know About State Bank Of India NRI Accounts
SBI NRI Services: Non Resident External (NRE) accounts can be opened by individually or jointly with other non-resident Indians (NRI), PIO or OCI.
-
SBI Savings Accounts For Non-Residents: Minimum Balance, Eligibility And Other Details
State Bank of India offers three types of accounts to NRIs: Non Resident Ordinary (NRO) account, Non Resident External (NRE) account and Foreign Currency Non-Repatriable (Bank) FCNR (B) account.
-
Number Of New Indian H-1B Beneficiaries Has Dropped, Says US Report
In 2016 technology professionals from India accounted for 74.2 per cent of the total number of H-1B visas issued by the US and the next year the figure increased to 75.6 per cent, a government report said here today.
-
SBI's NRE Account: Features, How To Avail Loans, Interest Rates
State Bank of India (SBI), the largest lender of the country, allows non-resident Indians (NRI) customers to open a Non Resident External (NRE) Account.
-
How To Close SBI's PPF Accounts If You Are An NRI
In case an NRI has not yet closed his/her PPF account with SBI, he/she would be getting a post office saving bank account rate, which at present is 4%, said SBI.
-
NRIs Dont Need To Link Aadhaar With Bank Accounts, Says UIDAI
Most NRIs and PIOs may not be eligible for Aadhaar enrolment as per Aadhaar Act...," the UIDAI had said.
