Browsing: foreign

[ad_1] The Income Tax Department on Tuesday said Non-Resident Indians (NRIs) and foreign citizens whose permanent account numbers have become inoperative due to non-linking with Aadhaar should submit proof of their residential status to the jurisdictional assessing officer for operationalising the PAN.The department said concerns have been raised by certain NRIs/Overseas Citizens of India (OCIs) regarding their PANs (Permanent Account Numbers) becoming inoperative. In a tweet, the department said it has mapped the residential status of NRIs in case they have filed ITR in any of the last three Assessment Years (AYs) or have intimated their residential status to the…

[ad_1] Income Tax Return (ITR-2) filing online for AY 2023-24: Users of the popular ITR filing platform Cleartax will now be able to complete automated filing of ITR-2. In a statement, Cleartax said it has one-click integrations with over 20 brokers that cover over 85% of the addressable market of brokers.  Users of Cleartax can upload their transaction files in xls or pdf, from their broker, and the software auto-reads it. With no transaction limit on the platform, users with large volumes of transactions of different types of instruments can file ITR-2/3 seamlessly, the company said.  Cleartax has tied up…

[ad_1] TCS on Foreign Education from July 1: There has been no change in the TCS rate for remittances for the purpose of foreign education/study abroad. According to a clarification issued by the Finance Ministry on May 18, the old TCS rate will continue to apply to remittances for study abroad from July 1. Following are the details of the TCS rate and exemption limit. TCS rates on remittances for education from July 1: 1. If the amount being remitted out is a loan obtained from any financial institution as defined in Section 80E of the Income Tax Act: The…

[ad_1] James Cleverly says UK airlifts from Sudan are over, as focus shifts to providing humanitarian aid. [ad_2] Source link

[ad_1] Russia is likely to start buying Chinese yuan to replenish its FX reserves as soon as May 2023, per Bloomberg Economics. This would be the first time Russia has replenished its FX reserves since it invaded Ukraine. The move indicates that Western sanctions and a G7-led price cap on Russian crude aren’t enough to curb Russia’s energy revenues. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Russia is likely to start buying foreign currency as soon as this month — marking the first…

[ad_1] The government warns it cannot be sure there will be any more airlifts after a ceasefire ends on Thursday night. [ad_2] Source link

[ad_1] The UK’s relationship with China has deteriorated in recent years following controversies including Chinese company Huawei’s involvement in Britain’s 5G network, concerns over threats to civil liberties in the former British colony of Hong Kong, and the threat of espionage and influence operations by China in the UK. [ad_2] Source link

[ad_1] Diplomats and foreign nationals have been evacuated  from Sudan. Nearly 200 people are dead with another 1800 wounded as violence intensifies in Sudan. Sudan’s military announced a coup d’état on Monday, declaring a state of emergency and suspending the constitution. The military dissolved the transitional government, which had been formed in 2019 after months of protests that had ousted former President Omar al-Bashir. The move has been condemned by the international community and has sparked widespread protests in the country. Nevertheless, fighting has gotten fiercer in the past few days. The military has installed General Abdel Fattah al-Burhan, who…

[ad_1] Nationals from the US, UK, France and China are to be evacuated as fighting in Sudan enters second week. [ad_2] Source link

[ad_1] All-Party Parliamentary Groups could be exploited by “hostile foreign actors”, a standards watchdog warns. [ad_2] Source link