Ibi S News Today

Existing borrowers can explore switching to lower home loan rates and continue to prepay a part of the loan to reduce the burden, say experts

Beijing reacts to FBIs arrest of a student for visa fraud, deportation of 3 students upon their arrival in US.

Tourists can now apply for visa waiver, extension online through BI’s eServices

FBIs filing practices have impact on Muslims daily lives, says senior lawyer at Council on American Islamic Relations.

A graft case has been registered against Pakistan Tehreek-e-Insaf chief Imran Khans wife Bushra Bibis son, Ibrahim Maneka, former Pak Punjab Chief Minister Usman Buzdar and six others in Lahore by the Anti-Corruption Establishment (ACE), Express Tribune reported on Wednesday.

The Ministry of Finance on Friday said it decided that any payments by an individual using their international debit or credit cards upto Rs seven lakh per financial year will be excluded from the RBIs Liberalised Remittance Scheme (LRS) limits and hence, will not attract any Tax Collected at Source (TCS).

Tax Collected at Source (TCS) for spending through international credit cards under RBIs 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.

The moderation in the countrys retail inflation in April has validated the Reserve Bank of Indias (RBI) decision to pause the repo rate in its first 2023 monetary policy meeting, according to SBI Research.

A special Delhi court fixed May 12 for consideration of the Central Bureau of Investigation (CBI)s supplementary charge sheet filed on Tuesday against former Delhi Deputy Chief Minister Manish Sisodia and three others in connection with the now-scrapped excise policy.

The Finance Ministry has invited applications for the post of deputy governor of the Reserve Bank of India (RBI) to be appointed in place of MK Jain whose tenure comes to an end in June.