Economic Times22.04.2026BusinessIndia
GeriEasier e-mandate for SIP, insurance, credit card bill
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NRO Fixed Deposit Rates: A Guide for Non-Resident Indians on Interest and Tax Implications
Non-Resident Indians (NRIs) can utilize NRO fixed deposits to park Indian income, earning attractive interest rates up to 6.75% from banks like Bank of Baroda. Investors must consider tax implications, including TDS, and leverage Double Taxation Avoidance Agreements (DTAA) to maximize returns.
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US Imposes 50% Tariffs on Canadian Goods Citing Discriminatory Trade Practices
The US imposed 50% tariffs on various Canadian imports, including cars, alcohol, and dairy, effective August 19. President Trump cited Canada's alleged discriminatory treatment of American goods, marking the first known use of Section 338 of the Tariff Act of 1930 in nearly a century.
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Indian Taxpayers Face New Foreign Asset Reporting Rules for AY 2026-2027
Indian taxpayers face new foreign asset reporting rules for AY 2026-2027, driven by CBDT orders and international information exchange. Schedule FA requires detailed disclosures for foreign shares, ESOPs, cryptocurrencies, and jointly held overseas bank accounts, with accurate reporting crucial to avoid penalties under the Black Money Act.
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Business·1 saat önce
Indian Petrol, Diesel Prices Stable on July 21 Despite Global Crude Oil Dip Below $90
Indian petrol and diesel prices remained unchanged across major cities on July 21, despite global crude oil falling below $90 per barrel due to hopes of a ceasefire. Retail fuel costs in India are influenced by taxes, freight, and exchange rates, not just crude prices, leading to stable rates.
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Business·2 saat önce
Large Companies Prioritize Premium Managed Offices for Employee Experience
Large companies are increasingly choosing premium managed offices in Grade A+ buildings across India, prioritizing hospitality-led services, flexibility, and enhanced employee experience over traditional workspaces. Enterprise occupiers now account for nearly 70% of flex seat demand, with premium operators commanding higher prices.
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Indian Hospitality Professionals Return Home Amid West Asia Tensions
Indian hospitality professionals, architects, and designers are increasingly returning home from West Asia due to regional tensions, industry slowdowns, pay cuts, and fewer tourists. India's expanding hospitality sector offers more senior leadership and growth opportunities, attracting talent back.
Economic Times
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