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India May Send Tax Notices To More IT Firms After $4 Billion Demand To Infosys: Report
Tax officials may issue notices soon to more major infotech services firms in a scrutiny of alleged evasion of tax on services by their overseas offices, a government source said, a day after Infosys was slapped with a $4-billion tax demand.
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Rupee Rises 5 Paise To Rs 83.46 Against US Dollar
The rupee appreciated 5 paise to settle at 83.46 against the US dollar on Wednesday as weakness in the greenback against major crosses overseas supported the local unit.
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Air India Starts Flights On Delhi-Dubai Routes Using A350-900 Aircraft
Air India has commenced services with its A350 aircraft on the international route by operating the first Delhi-Dubai flight on Wednesday and plans to fly the wide-body plane on more overseas routes in the coming months.
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Living Alone Overseas? Nutritionist Recommends 5 Healthy Food Picks For Busy Days
Celebrity nutritionist Rujuta Diwekar recently took to her Instagram handle to share easy and healthy food options for people living abroad. Read on to find out more.
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RBI Extends Deadline For Paytm Unit Wind-Down To March 15
Paytm Payments Bank got a much-sought after extension from the Reserve Bank of India to wind down its operations on Friday, even as its overseas transactions are under the scanner of the federal financial crime fighting agency.
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Centre Tweaks Licensing Norms For Laptop, Computer Imports. Details Here
The government today tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value.
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More Nations Including Japan, Few From West, Interested In UPI: RBI
The Reserve Bank on Thursday said the internationalization of the unified payments interface (UPI) system is a work in progress as it works towards linking it with more and more overseas counterparts, including some in the West and Japan.
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Indian Companies Can Now Apply For Overseas Listing: Finance Minister
Finance Minister Nirmala Sitharaman said today that Indian companies can now go in for direct listing on foreign exchanges as well as on the International Financial Services Centre (IFSC) bourse in Ahmedabad.
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No TCS On International Credit Card Spends Abroad: Centre Scraps New Rule
Payments made by using international credit cards (ICC) during overseas visits will not attract Tax Collected at Source or TCS, as per the latest notification issued by the Finance Ministry.
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Imran Khan "Thanks" Pakistan For Placing Him In 'No-Fly' List
Pakistan's former Prime Minister Imran Khan today thanked the country's government for putting him on a 'no-fly list' stating that he does not plan to go overseas as he does not have any property or businesses abroad and does not hold
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Here's What Experts Say About Changes Made In LRS For Credit Cards
Tax Collected at Source (TCS) for spending through international credit cards under RBI's Liberalised Remittance Scheme on overseas tour packages and any other remittance (such as for bonds, shares, and real estate gifts) will be exempted within the annual limits of USD 250,000, the government clarified on Thursday.
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Rupee Opens At 82.08 Against US Dollar In Early Trade
The rupee was trading in a narrow range in the morning session on Monday as positive sentiment over domestic equities rise and easing crude oil price were partially negated by a stronger American currency in the overseas market.
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Rupee Declines 18 Paise To Close At 82.22 Against US Dollar
The rupee depreciated 18 paise to close at 82.22 (provisional) against the US currency on Wednesday, pressured by a strong greenback overseas and a negative trend in domestic equities.
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Rupee Declines 25 Paise To Close At 82.10 Against US Dollar
The rupee depreciated 25 paise to close at 82.10 (provisional) against the US currency on Monday as a strong American currency overseas and a negative trend in domestic equities weighed on investor sentiments.
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Rupee Rises 27 Paise To End At 81.84 Against US Dollar
The rupee appreciated 27 paise to close at 81.84 (provisional) against the US dollar on Thursday, tracking the broad weakness of the American currency in the overseas market.
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India May Send Tax Notices To More IT Firms After $4 Billion Demand To Infosys: Report
Tax officials may issue notices soon to more major infotech services firms in a scrutiny of alleged evasion of tax on services by their overseas offices, a government source said, a day after Infosys was slapped with a $4-billion tax demand.
-
Rupee Rises 5 Paise To Rs 83.46 Against US Dollar
The rupee appreciated 5 paise to settle at 83.46 against the US dollar on Wednesday as weakness in the greenback against major crosses overseas supported the local unit.
-
Air India Starts Flights On Delhi-Dubai Routes Using A350-900 Aircraft
Air India has commenced services with its A350 aircraft on the international route by operating the first Delhi-Dubai flight on Wednesday and plans to fly the wide-body plane on more overseas routes in the coming months.
-
Living Alone Overseas? Nutritionist Recommends 5 Healthy Food Picks For Busy Days
Celebrity nutritionist Rujuta Diwekar recently took to her Instagram handle to share easy and healthy food options for people living abroad. Read on to find out more.
-
RBI Extends Deadline For Paytm Unit Wind-Down To March 15
Paytm Payments Bank got a much-sought after extension from the Reserve Bank of India to wind down its operations on Friday, even as its overseas transactions are under the scanner of the federal financial crime fighting agency.
-
Centre Tweaks Licensing Norms For Laptop, Computer Imports. Details Here
The government today tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value.
-
More Nations Including Japan, Few From West, Interested In UPI: RBI
The Reserve Bank on Thursday said the internationalization of the unified payments interface (UPI) system is a work in progress as it works towards linking it with more and more overseas counterparts, including some in the West and Japan.
-
Indian Companies Can Now Apply For Overseas Listing: Finance Minister
Finance Minister Nirmala Sitharaman said today that Indian companies can now go in for direct listing on foreign exchanges as well as on the International Financial Services Centre (IFSC) bourse in Ahmedabad.
-
No TCS On International Credit Card Spends Abroad: Centre Scraps New Rule
Payments made by using international credit cards (ICC) during overseas visits will not attract Tax Collected at Source or TCS, as per the latest notification issued by the Finance Ministry.
-
Imran Khan "Thanks" Pakistan For Placing Him In 'No-Fly' List
Pakistan's former Prime Minister Imran Khan today thanked the country's government for putting him on a 'no-fly list' stating that he does not plan to go overseas as he does not have any property or businesses abroad and does not hold
-
Here's What Experts Say About Changes Made In LRS For Credit Cards
Tax Collected at Source (TCS) for spending through international credit cards under RBI's Liberalised Remittance Scheme on overseas tour packages and any other remittance (such as for bonds, shares, and real estate gifts) will be exempted within the annual limits of USD 250,000, the government clarified on Thursday.
-
Rupee Opens At 82.08 Against US Dollar In Early Trade
The rupee was trading in a narrow range in the morning session on Monday as positive sentiment over domestic equities rise and easing crude oil price were partially negated by a stronger American currency in the overseas market.
-
Rupee Declines 18 Paise To Close At 82.22 Against US Dollar
The rupee depreciated 18 paise to close at 82.22 (provisional) against the US currency on Wednesday, pressured by a strong greenback overseas and a negative trend in domestic equities.
-
Rupee Declines 25 Paise To Close At 82.10 Against US Dollar
The rupee depreciated 25 paise to close at 82.10 (provisional) against the US currency on Monday as a strong American currency overseas and a negative trend in domestic equities weighed on investor sentiments.
-
Rupee Rises 27 Paise To End At 81.84 Against US Dollar
The rupee appreciated 27 paise to close at 81.84 (provisional) against the US dollar on Thursday, tracking the broad weakness of the American currency in the overseas market.
