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Centre Releases Revised Notification On FDI Rules in Space Sector; Eases FDI Ahead of Elon Musk's India Visit

The revised notification will be effective from April 16 and set to permit 100% FDI in certain sectors within the space industry, aligning with the Indian Space Policy 2023…. - Newsx

Offshoring Market: Off-shoring Market Drives Office Leasing In Hyderabad | Hyderabad News

Hyderabad's offshoring market surges in 2023, led by GCCs and third party IT services providers. India poised for significant GCC growth, with Asia Pa

Global FDI: The warning signs ahead | The Financial Express

Myanmar central bank reiterates action on illegal possession of foreign currencies amid Kyat depreciation

Government flip flop on TCS confounds credit card holders

Experts interpret the new TCS rule, but cannot agree on whether it applies to international credit card transactions done from India

How will changes in TCS regime affect international credit card holders?

TCS on International Credit Cards: According to an announcement by the finance ministry, there will be no change in the rate of Tax Collected at Source on international spending through credit cards

Remit funds to IFSCs for studies under LRS now

Remittances by resident individuals to International Financial Services Centres for the purpose of 'studies abroad' may be facilitated by authorised persons under the Liberalised Remittance Scheme, the RBI said on Thursday.

funds: Remit funds to IFSCs for studies under LRS now

It is directed that Authorised Persons may facilitate remittances by resident individuals under purpose 'studies abroad' as mentioned in Schedule III of Foreign Exchange Management Rules, 2000, for payment of fees to foreign universities or foreign institutions in IFSCs."

From The Woes Of Indian Generic Drug Makers To Wrong Endorsement Moves By MS Dhoni And Virat Kohli, Here Are Our Most-read Stories Of The Week

Quant investing, the Web3 revolution in India, dissection of the new FEMA amendment are some of the stories that piqued the interest of our readers this week

RBI LRS: Tighter control on international credit card expenses abroad, check details

RBI expands remittance scheme to include international credit card expenses, increasing oversight.