NRIS
Is it worth taking a fresh look at the housing finance sector? 6 housing finance stocks with upside potential of up to 18%
Housing finance is one of those sectors where the macro picture is always attractive, but not so much the micro reality. At the level of the economy, the case is easy to make. Housing is a genuine multiplier. Every home built sets off activity across an entire chain: Cement, bricks, steel, tiles, pipes, sanitaryware, electrical fittings, paints, logistics, and labour. Few sectors transmit economic activity so widely. That is why housing finance, in principle, should be among the most durable long-term opportunities in Indian financials. But the fact is that it has produced both scams like DHFL and wealth creators like HDFC.
Trust at risk: Cyber crime is becoming a branding crisis for banks
Cybercrime is undermining the traditional trust associated with bank brands, forcing a reevaluation of communication strategies. Current anti-cybercrime campaigns often blame victims, failing to address systemic weaknesses and eroding customer confidence. Banks must invest in real-time fraud prevention and demonstrate genuine intent to protect customers, rebuilding credibility through consistent action rather than just advertising.
Income Tax dept seeks details from NRIs, offshore firms on unlisted share deals, flags valuation and fund source concerns
India’s tax department has asked NRIs and offshore entities to justify investments in unlisted shares, seeking details on fund sources and valuations. Using demat data, authorities are probing deals from 2019–23 for potential tax evasion, round-tripping and money laundering, with non-compliance likely to trigger scrutiny, tax demands and litigation.
Is tax clearance mandatory before foreign travel? What the Income-Tax Act, 2025 says
The introduction of Form 157 and Form 159 under the Income-Tax Rules, 2026 has sparked confusion over whether tax clearance is now mandatory for all Indians travelling abroad. However, a closer reading of Section 420 of the Income-Tax Act, 2025—read with Section 536 and CBDT Instruction No. 1/2004—makes it clear that no such blanket requirement exists.
India resilient amid oil shock, may grow 6.8%-7.1% despite global headwinds: SBI Research
India faces global challenges from a strong position. Economic growth is projected between 6.8% and 7.1% for FY27. The nation's banking sector is robust. Opportunities arise for GIFT City and Indian airports. The Reserve Bank of India is likely to maintain its current monetary policy stance. India's resilience is evident amidst regional conflict and global uncertainties.
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ETMarkets Smart Talk | AI boom driving Indian family offices to global markets; US offers richer playbook: Amit Goel
Indian family offices are increasingly looking beyond domestic markets as the global AI boom reshapes investment strategies. Limited pure-play AI opportunities in India are pushing ultra-HNIs to allocate more capital to global markets, especially the US, where AI, cloud, and digital infrastructure offer broader opportunities, aided by easier overseas investing routes like GIFT City.
West Asia crisis hits Dubai real estate: Will it boost high-end luxury property investment in India?
Dubai's property market is experiencing a slowdown due to regional geopolitical tensions. This is causing investors to look towards India for real estate opportunities. Cities like Gurugram and Mumbai are seeing steady demand for luxury housing. India's market offers stability and long-term growth potential. This shift highlights India's growing importance in global real estate investment.
The Rs 1 crore sweet spot: Prestige Group's Irfan Razack says housing demand shows no signs of letting up
India's residential real estate market is defying the gloom. Prestige Group crossed the ₹30,000 crore mark in housing sales for the full year, well ahead of its own guidance, and its chairman says the demand engine is still running hot.
New ITR forms alert: Secondary address field added, what taxpayers must know
New Income Tax Return forms are here for Assessment Year 2026-27. A key change is a new field for a secondary address. Contact details are now primary and secondary. Reporting for representative assessees is simplified. The need to split capital gains based on transfer dates before or after July 23, 2024, has been removed.
HNIs eye Greece residency as alternative to Dubai option
Affluent Indians are increasingly eyeing Greece as a destination for permanent residency. The motivations behind this trend include evolving geopolitics and a more accessible investment threshold than many European counterparts. Greece not only allows for visa-free access to the Schengen zone but also boasts a robust legal framework.
New ITR forms for AY 2026-27: NRIs opting for new presumptive income scheme have to make this separate disclosure additionally
New ITR forms for AY 2026-27 mandate Non-Resident Indians (NRIs) opting for the presumptive income scheme to separately disclose gross receipts and presumptive income. This change aims to enhance transparency and facilitate cross-verification of reported income with tax data. The updated forms specifically cater to presumptive taxation provisions under Sections 44B, 44BB, 44BBA, 44BBC, and 44BBD.
GIFT City’s IPO push faces teething issues
GIFT City's first IPO withdrawal, XED Executive Development's Rs 110 crore offering, highlights challenges for its stock listing ambitions. KYC issues and limited institutional participation, coupled with restrictions on domestic investors, are prompting potential issuers to reconsider listing plans in India's international finance hub.
NRI term insurance demand doubles in two years; younger buyers drive growth
Demand for term insurance among Non-Resident Indians has doubled in two years, with a 35% month-on-month surge following West Asian tensions. Younger NRIs, aged 25-35, now dominate demand, prioritizing financial protection for families in India amidst global uncertainties. Digital processes and lower costs are driving this trend.
Did you donate to a political party or plan to do so in the future and claim an income tax deduction? New ITR forms require extra disclosure, check what to report
New income tax return forms for Assessment Year 2026-27 demand greater detail on political party donations. Taxpayers seeking deductions under Section 80GGC must now provide the political party's name and PAN. This change aims to enhance transparency and traceability of contributions. Individuals donating through banking channels or UPI should be aware of these updated disclosure requirements.
'UDF will come to power': Shashi Tharoor cites strong 'anti-incumbency' mood in Keralam ahead of elections
Speaking about his campaign experiences across the state, Tharoor said, "I participated in campaigns across 59 constituencies in Keralam. The UDF will come to power in Keralam. There is a feeling of anti-incumbency among the people. I could understand this directly through my campaign visits across constituencies."
‘No jealousy, no gossip’: NRI’s honest take on life in New Zealand goes viral, says she wants to leave as there is no fun
A viral video from New Zealand features an Indian woman discussing her life abroad. She highlights the quiet neighborhood and absence of social comparison. This has ignited a debate online about the benefits of peace versus the loss of community. Many are weighing the value of privacy against familiar social interactions.
Dubai regulator probe found HDFC’s DIFC branch kept quiet for 5 years, failed to meet integrity standards
Banks own ethics panel found high number of regulatory breaches while onboarding clients; Deloitte, Kroll also had conducted probe. Funding is at odds with bank CEO's statement that these were technical lapses.
New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explained
New income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act. Expect revised TDS/TCS rules, updated ITR filing deadlines, and changes to buyback taxation. Key benefits include expanded HRA exemptions and increased meal card tax benefits, aiming for a simpler tax regime.
I am an OCI cardholder, will I need to pay tax on inherited assets in India?
I am a German citizen, and have an OCI card. How will inheritance of assets located in India be taxed for me? Is the inheritance itself taxable in India, or only the income generated from the inherited assets?
NRIs tax alert: March 31, 2026 is the deadline to claim foreign tax credit using Form 67 for income earned in FY 2024–25
Non-Resident Indians earning income abroad in FY 2024-25 have a crucial deadline. They must file Form 67 by March 31, 2026. This form is essential for claiming foreign tax credit in India. Filing on time prevents double taxation and ensures benefits are secured. Missing this deadline can lead to tax complications. The process involves detailing foreign income and taxes paid.
How GIFT City can reshape cross-border investing for domestic and international investors
GIFT City is transforming global investing for Indians and attracting foreign capital. Its unique IFSC structure offers a unified regulatory framework. NRIs and foreign investors find investing in India simpler with relaxed compliance and tax norms. The city is rapidly scaling as a financial hub, providing regulatory comfort and a stable environment for capital allocation.
Union Budget 2026 gets Parliament nod; Finance Bill approved
Parliament has approved the Finance Bill 2026. This marks the completion of the budgetary exercise for the upcoming fiscal year. The Union Budget 2026-27 outlines significant expenditure and capital investment. Key proposals include changes to Securities Transaction Tax and the extension of the ITR filing date for certain businesses. The budget also details plans for new high-speed and freight corridors.
Back in India, still working abroad? Understand your tax implications
Rising global tensions prompt Non-Resident Indians to return home, working remotely. This shift creates tax concerns as physical presence in India can trigger tax liability. Indian tax laws consider days spent in the country to determine residential status. Even short stays can lead to taxation on income earned locally. Professionals must understand these rules to avoid unexpected tax burdens.
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