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How is money gifted by Indian parents to NRI children and relatives taxed?

How is money gifted by Indian parents to NRI children and relatives taxed?
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Suresh suranaWhile dasIncome tax actIncome tax rulesLiberalized remittance

Centre Imposes 20% TCS On International Credit Card Spending

The Centre on Tuesday brought international credit card spending outside India under the Liberalised Remittance Scheme (LRS) and issued an explainer on Wednesday to clear any confusion.

New delhiAalok agrawalCentre onTax collectedRemittance schemeFinance ministryLiberalised remittance schemeShreya suriReserve bankLiberalized remittanceDeloitte indiaLiberalised remittanceCredit card spendingNternational foreign remittance

ED seizes property worth Rs 41 64 crores belonging to Zavareh Poonawalla and family in Pune

The #EnforcementDirectorate investigation revealed #ZavarehSoliPoonawalla and his family members had remitted foreign exchange abroad by misutilization the provisions of LRS scheme.

United kingdomCity ofZavareh poonawallaZavareh soli poonawallaStallast limitedLiberalized remittanceCeejay house

Mumbai: ED attaches 3 properties worth Rs 41 cr of businessman named in Panama papers

Three properties worth Rs 41 crores were seized by the Enforcement Directorate, under Foreign Exchange Management Act (FEMA) provisions, after the name of a businessman appeared in Panama papers regarding offshore entities, the agency said on Monday.

United kingdomCity ofZavareh poonawallaForeign exchange management actEnforcement directorateLiberalized remittance schemeZavareh soli poonawallaPanama papersStallast limitedLiberalized remittanceCeejay houseEws india

Mumbai: ED attaches 3 properties worth Rs 41 cr of businessman named in Panama papers

Mumbai: ED attaches 3 properties worth Rs 41 cr of businessman named in Panama papers
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

New delhiUnited kingdomCity ofZavareh poonawallaForeign exchange management actEnforcement directorateLiberalized remittance schemeZavareh soli poonawallaPanama papersStallast limitedLiberalized remittanceCeejay house

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