Are NRIs allowed to take loans from their siblings in India?

I am a non-resident Indian (NRI) living in Germany. I have recently sold an immovable property…

Bitcoin ETFs approved by SEC: What’s in it for you?

In a landmark decision, the US Securities and Exchange Commission (SEC) recently approved applications for exchange-traded…

The migration destination via investments

Many affluent Indians are looking to move aboard, driven by reasons such as global education, business…

Can I use LRS to remit money outside India for F&O trading?

As per the Liberalized Remittance Scheme (LRS), an Indian citizen can send $250,000 per year. Can…

Government must invite feedback before announcing new policies

On the evening of June 28, the government said that it has decided to defer the…

Tax officials don’t need TCS to catch thieves

RBI’s Liberalized Remittance Scheme (LRS) has seen a bit of drama of late. Firstly, the government…

Explained | Will all foreign expenses come under the ambit of tax?

For representative purposes. photo credit: erhui1979 the story So Far: proposal to levy tax in the…

Tax waived on foreign exchange expenditure up to Rs 7 lakh per annum: Finance Ministry

Photo has been used for representation purpose only. The government on 19 May, in the face…