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There is no upper limit up to which an NRI can invest in mutual fund in India. However, some of the fund houses do not allow residents of some countries like US, Canada to invest in their mutual funds ....
The Income Tax Appellate Tribunal (ITAT) ruled in favor of a salaried individual working abroad, stating that his overseas income should not be taxed in India. The case involved a non-resident employee who was deputed by an Indian company to work in Austria. The ITAT s decision emphasizes that income earned by non-residents for services performed outside India should not be subject to taxation. ....
The Bochasanwasi Shri Akshar Purushottam Swaminarayan Sanstha (BAPS) Mandir, the first Hindu temple in Abu Dhabi, is located in Abu Mureikhah near Al Rahba off the Dubai-Abu Dhabi Sheikh Zayed Highway. The temple has come up on around 27 acres of land in Abu Dhabi and the work for the structure has been going on since 2019. ....
The accused, 24-year-old Sahil Sharma, has pleaded guilty to the charges. - Indian-origin Man Stabs Teen Wife from Gurdaspur, Punjab To Death In London, Motive Unclear ....
India has become the top choice for investments by non-resident Indians (NRIs) due to its strong investment landscape. NRIs have a wide range of investment opportunities in India, including equities, mutual funds, and real estate, which allows them to diversify their portfolios. However, choosing between long-term and short-term investments can be challenging due to factors such as geopolitical stability, risk tolerance, and tax implications. ....