Tag: Foreign
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ITR 2025: Income tax department urges taxpayers to disclose foreign assets, income in their return
In a recent communication, the income tax (I-T) department has urged taxpayers to share details about assets held overseas and income accrued abroad. By...
House gives final approval to Trump’s $9 billion cut to public broadcasting, foreign aid
The House gave final approval to President Donald Trump’s request to claw back about $9 billion for public broadcasting and foreign aid early Friday...
China spy agency accuses foreign agents of stealing rare earths
China’s spy agency has accused overseas intelligence agencies of stealing controlled rare earth materials, reiterating its intent to curb smuggling even as Beijing agrees...
India’s banking sector needs bigger players and relaxed foreign investment norms
As the Indian government weighs the next phase of financial sector reforms, industry experts are calling for deeper consolidation in banking and a re-examination...
RBI reviewing bank ownership rules, may allow foreign lenders to hold 26% stake
The Reserve Bank of India (RBI) is reviewing its norms on bank ownership, which may include allowing foreign banks a greater stake in local...
