Business

Amendment Protocol to the India-Singapore Tax Treaty Inked

Capital gains on alienation of shares to be taxable by India.

American Dream Losing Charm Among Graduates of IIT Bombay

While most seem to prefer to stay put in India, Europe and the Middle East are also emerging as attractive options.

This Placement Season Turns Out to be Best For Young IIT Students

This placement season has already turned out to be the best for the Indian Institutes of Technology that are less than a decade old

Bill Targeting H-1B Visas Reintroduced in US Congress

The reintroduced bill has increased minimum pay of H-1B visa workers to $100,000 per annum.

India, Singapore Revise Tax Treaty

India and Singapore have signed a protocol to limit abuse of their double taxation avoidance agreement.

Vegetables From Kerala Get an NOC to Europe

the EU has lifted the ban imposed on the export of taro, bitter gourd, snake gourd and eggplant from the country.

Expats Living in India Are Among Highest Paid

The survey showed that India has the highest proportion of expats on international secondment or assignment.

Times Now Calls For NRI of Year Awards Registration

The awards are open to any NRI, OCI or a PIO who has stayed in USA, Canada, UK, UAE, the Middle East, Australia and New Zealand and Singapore for a stipulated amount of time and has made a mark in his/her respective field.

Most IIT-Bombay Graduates Prefer Living in India Over Abroad

If you thought students joined top institutes like the Indian Institute of Technology (IIT) to land jobs overseas, the trend seems to have taken a complete turn over the years.

Highest Paying Jobs in India in 2017

You would be amazed to know that there are people around you earning a fat pay check every month.

Economic Reforms to be Highlighted at Pravasi Bhartiya Divas

Latest wave of economic reforms including overhaul of indirect taxes through proposed GST will be projected significantly by the government at the three-day Pravasi Bhartiya Divas (PBD) beginning Saturday at Bengaluru to woo overseas Indian investors and make them part of India's growth story.

India’s Revised Tax Treaties Give Mauritius Edge Over Singapore

The tax rate on interest payments made by Indian entities is 7.5% under the Mauritius treaty, while it is 15% under the recently negotiated India-Singapore treaty

Foxconn to Set up Manufacturing Unit For Apple in Ahmedabad

Apple’s largest contract manufacturer Foxconn is all set to open its first manufacturing store in India. The store will be in Ahmedabad

NRIs Can Exchange Old Notes Till June 30

The Reserve Bank of India has allowed non-resident Indians to exchange scrapped Rs 500 and Rs 1,000 notes till June 30.

India-Singapore Tax Treaty Amended

With the amendments, announced by Finance Minister Arun Jaitley on Friday, investors based in Singapore will no longer benefit from tax exemptions on capital gains taxes.

Demonetised Notes Could Fetch A Fortune In The Future: Currency Collector

The collector will never make a loss, said the 36-year-old numismatist who is fond of rare notes and has been collecting them from last 15 years.

Patanjali Biggest Disruptive Force In FMCG Space

Patanjali Ayurved, the FMCG venture promoted by yoga guru Ramdev, was the biggest disruptive force in India's fast moving consumer goods (FMCG) market.

US Eases Tests For Green Cards

Indian entrepreneurs and qualified individuals will now have a fairer chance of obtaining an NIW, which in turn will speed up the process of obtaining a green card.

Apple Seeks Lower Taxes For Making IPhones in India

Apple wrote to the industry ministry last month seeking lower import and manufacturing duties

Apple Inc. Prepares to Move iPhone Assembly From China to India

Apple Inc. (NASDAQ:AAPL) took a long time to fully recognize India as a viable country to manufacture its gadgets.

India, Singapore Amend Tax Treaty

India and Singapore amended a decade-old double tax avoidance agreement (DTAA) that will allow the tax department to impose capital gains (tax) on investments routed through the island nation and plug a possible misuse of benefits.

Apple Plans to Make iPhones in Bengaluru

Top sources in the company confirmed to TOI that Apple is "very serious" about beginning assembly operations —and thereafter full manufacture — in India by the end of next year. "

From Tata-Mistry to Ola-Uber, The Business Wars of 2016

The power struggle between Tata Sons and its ousted chairman Cyrus Mistry also spilt onto the virtual world.

India's Flawed Generic Drug Trials Business

Serial testing of some volunteers is raising new questions about the level of oversight of India's generic drug trials industry

Tech Stories That Rocked India in 2016

In the tech world, 2016 wasn’t a year of massive checks and volatile claims. It was a year of shutdowns, scale-backs, reorganizations, and much-needed perspective.

India Bans Foreign Funds of 20,000 Charities

India’s government has banned some 20,000 charities from accepting overseas funds because they failed to comply with the rules, a home ministry official said Tuesday.

EAEU to Start Free Trade Zone Talks With India

The presidents of four countries have approved the proposal that it is necessary to launch negotiating process (on creation of free trade zone - TASS) with Iran, Egypt, India and Singapore.

83 IPOs Hit Indian Market, Raised $3.8 bn in 2016

India's IPO market recorded strong performance in 2016 with 83 IPOs raising $3.8 billion this year, and the activity looks set to remain strong driven by a combination of high investor confidence and regulatory reforms.

The $1.4B Indian Chat App Challenging WhatsApp In India

Hike was founded in 2012, and has successfully raised $175 million in a fresh round of funding.

Accenture Results Portend Gloom for Indian IT sector

Accenture’s revenue for the quarter to November rose 7% year-on-year in constant currency terms, and missed the Street’s estimates by about one percentage point.

What NRI Community Thinks of Demonetisation

Commending the demonetisation move by the NDA government, a group of Indian-Americans have said that this would not only help eliminate corruption and fight terrorism, but also fast track digitisation of economy.

The Man Behind India's $74m Wedding

In November, as millions of Indians were grappling with a cashflow crisis, a lavish wedding in the southern city of Bangalore sparked outrage.

Expats in UAE Seek Solution to Indian Currency Woes

The expats say they want the Indian government to make arrangements here in the UAE to exchange the invalid notes.

India’s Note Ban Among Top Google Financial Searches

Apart from the Modi government’s shock note ban decision, Donald Trump’s impact on trade and inflation were among top financial searches on Google for 2016

The Man Leading PM Modi's NRI Outreach

Forging better relations with the diaspora is part of PM Modi's plan to lure foreign investment and entrepreneurs to India.

India Overtakes UK to Become World’s Fifth Biggest Economy

India is estimated to grow at six to eight per cent per year compared to UK's expected growth of one to two per cent until 2020.

Dubai Is The Hottest Property Market For Indian Investors

The Indian property market might be sluggish at this moment, but real estate developers in the United Arab Emirates feel that will not deter investors from investing in Dubai's real estate markets.

Indian-origin Tycoon to Rescue UK's Last Aluminium Smelter

Indian-origin metal tycoon Sanjeev Gupta on Monday said he will invest a whopping 120 million pounds in Britain's last aluminium smelter as part of a deal to rescue the site and safeguard hundreds of jobs.

Mauritius Top Source of FDI in India

Mauritius accounted for 20.8 per cent of FDI in India followed by the US, the UK, Singapore and Japan up till March 2016

The Most Powerful Indians at The Silicon Valley

There are many Indians, right now, who are leading the Silicon Valley? They've pushed boundaries, created amazing products, and have risen to positions of incredible power.

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