New Delhi, March 20 (IANS) In a significant development for India’s financial landscape, a new global investment platform has been introduced at GIFT City, enabling Indian investors to seamlessly invest in international equities.The platform, launched through NSE International Exchange, allows both retail investors and non-resident Indians (NRIs) to access nearly 30 global markets.The initiative aligns with Prime Minister Narendra Modi’s vision of positioning India as a global financial hub …
Latest Liberalised Remittance Scheme News & Updates
Bhopal, March 19 (IANS) The Enforcement Directorate’s (ED) Bhopal Zonal Office has carried out search and seizure operations at three premises linked to M/s Rajul Group and its partner Priyank Mehta in Madhya Pradesh’s Jabalpur on Thursday. The action, conducted under the provisions of the Foreign Exchange Management Act (FEMA), 1999, comes in connection with alleged misuse of the Liberalised Remittance Scheme (LRS) for acquiring immovable properties abroad. The investigation was initiated follo…
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman on Sunday kept income tax rates and slabs unchanged following last year’s major tax reforms.While the basic tax structure remains the same, the Finance Minister, presenting the Budget 2026-27, announced several measures aimed at simplifying tax compliance and providing relief to taxpayers.She proposed extending the timeline for revising income tax returns from December 31 to March 31 with a nominal fee.FM Sitharaman also suggested sta…