Section 143 (2) of the Income Tax Act, 1961. The notice for limited scrutiny specifically identified four areas for examination: receipt of large foreign remittances, mismatch in payments to related ...

Many countries have modified their non-immigrant laws, impacting overseas students through new visa regulations, higher income proof requirements, and restrictions on dependents' stay.

NSDL's IPO is poised for launch with key shareholders like IDBI Bank reducing stakes. Stay updated on this crucial ...

Remittances from the US could soon carry an added cost for immigrants, including NRIs and visa holders. A proposed 3.5% ...

India’s GST law requires firms to pay tax earlier of invoicing or payment received, but the general practice is to clear dues ...

India must take decisive action to create the comprehensive legislation that the crypto industry requires while mitigating ...

Governments have spent decades trying to stamp out informal money transfers. This will push payments back underground.

Asked why India’s wealth industry is increasingly oriented toward Singapore and the UAE, Kalsi pointed to both practical and ...

Razorpay will likely pay approximately INR 1,245 Cr in taxes to the Indian government as part of its reverse flip to the ...

India's digital rupee goes global with cross-border pilots after 334% growth, yet faces adoption challenges domestically.

The Nepal-India Chamber of Commerce & Industry (NICCI) has raised a number of concerns with the Nepal Rastra Bank (NRB), including issues related to the repatriation of dividends and foreign employee ...

The U.S. House has passed a 3.5% remittance tax on funds sent home by immigrants, sparking concerns over economic impact in ...