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Steadily climbing returns from FCNR! Overseas Indians send home record $29 billion in remittances - Vimarsana News

Steadily climbing returns from FCNR! Overseas Indians send home record $29 billion in remittances

Published: April 1, 2024

India Business News: Overseas Indians sent a record $29 billion back home in the December quarter through remittances, driven by increasing returns from FCNR instruments.

Source: indiatimes.com
Related Topics:
United StatesSaugata BhattacharyaMadan SabnavisMoney Transfer Service SchemeWorld BankOverseas IndiansReserve BankYnet PrivateBusiness NewsNri DepositsFcnr DepositsCurrent Account Deficit
Income Tax department's advisories put NRIs on notice on high value deals: Report - Vimarsana News

Income Tax department's advisories put NRIs on notice on high value deals: Report

Published: January 2, 2024

The NRIs who received such communication in the past few days also include those who have opened FCNR (foreign currency non-resident account) and/or NRE/ NRO deposits.

Source: livemint.com
Related Topics:
Pankaj BhutaPr Bhuta CoTax DepartmentIncome TaxIt DepartmentCentral Board Of Direct TaxesNon Resident IndiansTax NoticeIncome Tax ReturnPersonal FinanceNro DepositsNre DepositsFcnr DepositsIncome Tax Department