NRI deposits in India leap after terror attacks on USIype, George
Nancy Jackson, Deputy Assistant Secretary of State for South and Central Asia noted that “people-to-people ties between” the two nations “are really the bedrock of what is one of the most consequential relationships in the world and that is the India-US relationship.”“And we can’t und...
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” they said in a joint statement after the Eighth US-India Economic and Financial Partnership (USIEFP) meeting on Thursday in Washington, which was also attended by Federal Reserve Chair Jerome Powell and Reserve Bank of
obstacle is the need to find investors willing to make very long commitments–as long as 25 years, considering the time to build the LNG plants, plus the time that they are expected to be in operation. Issues that could be expected to get in the way of long-term investment would include...
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2. Prudence vs. rules:The Institute of Chartered Accountants of India (ICAI) has been structuring Accounting Standards based on the International Accounting Standards ( IAS) , which employ concepts and`prudence'as the principle in contrast to the US GAAP, which are "rule oriented", detailed and...
NRIs should understand India’s tax rules to optimize financial planning. Tax-efficient options include NRE accounts (tax-free interest) and NRO accounts (subject to TDS). Investments like mutual funds, real estate, and bonds have specific tax implications. NRI investors should also consider the ...
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