New Delhi, Feb 1 (IANS) The government on Sunday said Indians living abroad can now invest in stocks through the Portfolio Investment Scheme (PIS).Other measures for non-resident investment announced in Budget 2026 including raising the individual investment limit for Persons Resident Outside India (PROIs) from 5 per cent to 10 per cent, increasing the overall investment limit for all PROIs from 10 per cent to 24 per cent, and allowing residents living abroad to invest in Indian equities via a p…
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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…
New Delhi, Jan 9 (IANS) Odisha Chief Minister Mohan Charan Majhi on Friday looked back at the Pravasi Bharatiya Divas Convention (PBD) held in Bhubaneshwar last year and recalled Prime Minister Narendra Modi’s valuable contribution in reaching out to Indian nationals living abroad and encouraging their participation in the nation’s development. The 2025 event in Odisha was the 18th edition of Bharatiya Divas Convention, marking the first such programme in the eastern part of the country, ali…
New Delhi, Dec 23 (IANS) On the eve of National Consumer Day 2025, the Ministry of Consumer Affairs, Food and Public Distribution said on Tuesday that its consumer redressal portal e-Jagriti has improved case resolution with over 1.35 lakh complaint filings, more than 1.31 lakh case disposals, and over 2.81 lakh users.Till mid-November, at least 1,400 Non-Resident Indians (NRIs) were among the users of the portal, launched on January 1, 2025, said an official statement.The Ministry said a total …
New Delhi, Dec 23 (IANS) The number of calls received by the National Consumer Helpline (NCH) has grown nearly tenfold, from 12,553 calls in December 2015 to 1,55,138 calls in December 2024, the official data showed on Tuesday on the occasion of ‘National Consumer Day 2025’.Similarly, the average number of complaints registered per month has surged from 37,062 in 2017 to 1,11,951 in 2024. It now resolves over 12 lakh complaints annually, with many being addressed within 21 days, supported by…
Gold Rates Surge: “He Who Has the Gold Makes the Rules” — What It Means for NRI Investors In a…