Tag: NRIs
Posted in Economy
RBI’s FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billion
New Delhi: The Reserve Bank of India‘s (RBI) Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme has attracted stronger-than-expected inflows, with around USD 41 billion mobilised…
Posted in Finance
Dividends are taxed at nearly 50%: Will Budget 2025 reduce income tax rate on dividends?
One major area which needs rationalisation in Union Budget 2025 is the taxation of dividends for resident shareholders. Resident shareholders are those who are considered…