*******NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rules

Read more at:https://economictimes.indiatimes.com/wealth/borrow/loan/nri-but-using-resident-savings-account-heres-what-you-must-know-about-nre-nro-and-fema-rules/articleshow/130606936.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/borrow/loan/nri-but-using-resident-savings-account-heres-what-you-must-know-about-nre-nro-and-fema-rules/articleshow/130606936.cms If you’ve recently moved abroad and become a Non-Resident Indian (NRI), there’s one crucial financial step you might overlook: updating your

*******Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to do

Read more at:https://economictimes.indiatimes.com/wealth/borrow/can-nris-use-indian-mobile-numbers-abroad-for-banking-otp-delays-sim-deactivation-and-account-access-issues-know-what-to-do/articleshow/130895211.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/borrow/can-nris-use-indian-mobile-numbers-abroad-for-banking-otp-delays-sim-deactivation-and-account-access-issues-know-what-to-do/articleshow/130895211.cms Moving abroad as an NRI usually involves handling bank accounts, investments, taxes and UPI payments online from overseas. But many NRIs

SC sets aside dismissal of employee who alleged it to be biased action but withdrew his allegation; Court says withdrawal doesn’t erase apprehension & orders fresh probe

Read more at:https://economictimes.indiatimes.com/wealth/legal/will/sc-sets-aside-dismissal-of-employee-who-alleged-it-to-be-biased-action-but-withdrew-his-allegation-court-says-withdrawal-doesnt-erase-apprehension-orders-fresh-probe/articleshow/132620133.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Despite the fact that an employee retracted earlier claims of biased behaviour from a member of the disciplinary authority, the Supreme Court

*******Are gifts given to NRIs by relatives taxable? Here’s what you need to know about income tax and FEMA rules

Read more at:https://economictimes.indiatimes.com/wealth/tax/are-gifts-given-to-nris-by-relatives-taxable-heres-what-you-need-to-know-about-income-tax-and-fema-rules/articleshow/132617658.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/tax/are-gifts-given-to-nris-by-relatives-taxable-heres-what-you-need-to-know-about-income-tax-and-fema-rules/articleshow/132617658.cms Picture an NRI receiving a gift worth lakhs of rupees from someone back home in India. Will it be taxable? The

Delhi High Court-Issue was ANI’s copyright case against OpenAI [ ChatGPT ]–[1] ANI is a news agency, which is mainly focussed on creating, verifying and distributing news which involved a process of fact gathering, investigative journalism and contextualsation of stories [2] On the other hand, LLMs serve as tools such as content creation, researching, brainstorming and idea generation, language translation,learning and education,creative writing,summarising or paraphrasing. [3] Therefore the activities of OpenAI cannot substitute the activities carried out y ANI. — Courtesy BL

Risk that the consumers run while making payment through UPI applications such as G-Pay, PayTm or PAyU–[1] Details such as names and sometimes mobile numbers can become visible to merchants [2] Of course, in most cases this is intended to facilitate transactions [3] However, in some cases, however, it also facilitiates unsolicited calls– [4] DPDP Act, 2023 attempts to address precisely such situations — it says personal data belongs to the Individual and not to merchants or to payment intermediaries–Courtesy article by Mr M Muneer –Courtesy BL

Families with fewer than 6 members not automatically eligible [ ineligible ? ] for Ayushman card? Here’s what govt says

Marriage registration alone isn’t enough: Gujarat HC says Hindu marriage is invalid without Saptapadi Read more at:https://economictimes.indiatimes.com/wealth/legal/will/marriage-registration-alone-isnt-enough-gujarat-hc-says-hindu-marriage-is-invalid-without-saptapadi/articleshow/132599253.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Can a family with fewer than six members

Marriage registration alone isn’t enough: Gujarat HC says Hindu marriage is invalid without Saptapadi

Read more at:https://economictimes.indiatimes.com/wealth/legal/will/marriage-registration-alone-isnt-enough-gujarat-hc-says-hindu-marriage-is-invalid-without-saptapadi/articleshow/132599253.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/legal/will/marriage-registration-alone-isnt-enough-gujarat-hc-says-hindu-marriage-is-invalid-without-saptapadi/articleshow/132599253.cms A husband who had moved to the United Kingdom for job and study got a shock when the daughter of his

*******Opting for presumptive taxation while filing ITR? You may have to face tax audit; here’s what you must know

Read more at:https://economictimes.indiatimes.com/wealth/tax/opting-for-presumptive-taxation-while-filing-itr-you-may-have-to-face-tax-audit-heres-what-you-must-know/articleshow/132598575.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Freelancers, doctors, engineers, and other professionals who opt for a presumptive taxation scheme need to know that under this scheme, a taxpayer is permitted

*******Wife paid Rs 58 lakh from Indian bank a/c, husband paid Rs 80 lakh from UAE bank a/c for property purchase; she gets tax notice for unexplained investment, wins case in ITAT Mumbai for this reason

Read more at:https://economictimes.indiatimes.com/wealth/tax/wife-paid-rs-58-lakh-from-indian-bank-a/c-husband-paid-rs-80-lakh-from-uae-bank-a/c-for-property-purchase-she-gets-tax-notice-for-unexplained-investment-wins-case-in-itat-mumbai-for-this-reason/articleshow/132598784.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/tax/wife-paid-rs-58-lakh-from-indian-bank-a/c-husband-paid-rs-80-lakh-from-uae-bank-a/c-for-property-purchase-she-gets-tax-notice-for-unexplained-investment-wins-case-in-itat-mumbai-for-this-reason/articleshow/132598784.cms When Mr and Mrs Saudagar from Mahim West, Mumbai purchased a property in India for Rs 1.4 crore, Mrs Saudagar landed

India in strongest credit growth phase since 2012 on robust corporate demand: Report

Read more at:https://economictimes.indiatimes.com/industry/banking/finance/india-in-strongest-credit-growth-phase-since-2012-on-robust-corporate-demand-report/articleshow/132578901.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mumbai: India is witnessing its strongest phase of credit expansion since 2012 on the back of robust corporate borrowings, a foreign brokerage

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