Indian Expats Welcome Reduced Custom Duty on Gold, NRIs Allowed to Carry More Gold Home Dubai: The Non-Resident Indian (NRI) community in the UAE eagerly awaited the Indian Union Budget for 2024-2025. The Union Finance Minister, Nirmala Sitharaman, announced a reduction in basic customs duty on gold and silver from 10 percent to 6 percent, […]
New Delhi: The deadline for Aadhaar card holders to update their details has been recently extended by the Unique Identification Authority of India (UIDAI), without incurring any fees until September 14, 2024. The recent extension aimed at proving a hassle-free updates and relief to millions of users, ensuring that they can make necessary changes free […]
IT department is likely to issue notices for reassessments of the tax returns filed by the NRI account holders and order detailed scrutiny if the taxpayer does not respond by filing revised returns. The Income Tax (IT) department has issued advisories to Non-Resident Indians (NRIs) for non-filing of Income Tax Returns (ITR) and asking them […]
Dubai: DLF Ltd, India’s leading listed real estate developer, has set a new record of annual sales in the Indian real estate industry with cumulative new transactions of AED 6,653,880,000 (INR 15,058 crores) in FY23, ending March 31st. This remarkable achievement was driven by the success of key project launches, including the luxury residential offering, […]
UAE: India’s economic growth continues to be on a healthy track despite the global slowdown of economic activities, like inflation, and geopolitical tensions. With a forecasted growth rate of 7%, India is projected to be the fifth-largest economy in the world in terms of size, as reported by the International Monetary Fund (IMF). It is, […]
Metro cities in India have been the reigning choice for NRIs looking to invest in mid-income properties back home, owing to their excellent infrastructure and social fabric. DUBAI, August 3, 2022 –It took Ramesh Kumar 20 years to buy a two-bedroom apartment in Gurgaon, his only tangible investment doubling up as a retirement home. The […]
There’s no dearth of NRIs who might have moved to other countries for greener pastures but still want to be a part of India’s growth story. They even look for viable options here in order to save up for their golden years. Even at the World Economic Forum’s Davos 2022, it was reiterated that the […]
We live in politically volatile times, so it was with a certain amount of circumspect glee that I noted a friend’s social media thread being stitched into a battleground. She — an Indian by birth, an American by naturalisation, and a badge-carrying Democrat — had posted a pro-Joe Biden comment, triggering off a war of […]
