In a ruling that could significantly influence the tax liabilities of Non-Resident Indians (NRIs) investing in Indian mutual funds, the Income Tax Appellate Tribunal (ITAT), Mumbai bench, has determined that capital gains earned by NRIs on the redemption of mutual fund units are not taxable in India. This decision was delivered in a case involving a Singapore-based NRI who had declared short-term capital gains from mutual fund investments but claimed exemption under the Double Taxation Avoidance

​Eric Dane, the accomplished actor widely recognized for portraying Dr. Mark Sloan in Grey's Anatomy and Cal Jacobs in HBO's Euphoria, has publicly revealed that he has been diagnosed with amyotrophic lateral sclerosis (ALS), a serious and progressive neurodegenerative disease. At 52 years old, Dane opened up about his condition in a recent interview, emphasizing the support he's receiving from his loved ones during this deeply personal health journey.

For Non-Resident Indians (NRIs), securing health and term insurance for themselves and their families back in India is more than just a financial obligation—it is a critical step toward safeguarding their loved ones and managing long-term security. As global citizens, NRIs often weigh the pros and cons of buying insurance in their country of residence versus opting for policies in India. What tips the scale in favor of Indian insurance are three strong reasons: affordability, extensive

Phoebe Gates, the youngest daughter of billionaire philanthropists Bill Gates and Melinda French Gates, has ventured into the podcasting world with her new show titled The Burnouts. The podcast, launched on April 1, is co-hosted by Gates and her former Stanford University roommate, Sophia Kianni, who has made a name for herself in the business world as a Forbes 30 Under 30 honoree. In The Burnouts, the two young women aim to provide business advi

Buying a property in India can be challenging in itself, but when the seller is a non-resident Indian (NRI), the process becomes even more complex. While location, pricing, and negotiation remain critical, buyers must also navigate a web of tax compliance and documentation requirements. A single error in the transaction can result in steep penalties, especially when it comes to Tax Deducted at Source (TDS) under Section 195 of the Income Tax Act. Unlike typical real estate deals bet

In a recent statement, US Vice President JD Vance asserted that green card holders in the United States do not possess an indefinite right to remain in the country and can face deportation at the administration's discretion. His remarks come as US President Donald Trump continues to push for the controversial 'Trump Gold Card', a new investor visa program allowing foreigners to obtain US citizenship by investing $5 million in the country. The remarks were made during an interview

A Reddit user recently sparked an online debate after sharing how living abroad made them feel more connected to their Indian roots. The user, who has been residing in Paris for three years, claimed they never appreciated their Indian identity as much as they do now. Sharing their experience on Reddit's Non-Resident Indians (NRI) community, they described how moving away from India changed their perspective on culture, food, and music. The Reddit user explained that while living in India,

US President Donald Trump delivered a triumphant address to Congress, emphasizing his administration’s policy shifts in global trade, domestic regulations, and federal restructuring. Within just six weeks of taking office, Trump boasted of achievements that have significantly altered America’s foreign relations, triggered trade disputes, and reduced the size of the federal workforce. His speech was met with a standing ovation from Republican supporters, while Democrats protested s

International pop star Shakira has been hospitalized following an abdominal issue, leading to the postponement of her highly anticipated concert in Peru. The Colombian singer, who is currently on tour, took to social media on Sunday to inform her fans about her condition and the concert delay. Health Concerns and Hospitalization Shakira shared the

Union Finance Minister Nirmala Sitharaman is expected to introduce a new Income Tax Bill in Parliament today that will replace the existing Income Tax Act of 1961. The purpose of this new bill is to simplify the language and provisions of the current tax law, making it easier to understand and more accessible for taxpayers. The bill is part of the government’s ongoing efforts to reform and modernize the Indian tax system. The new bill will streamline various processes, eliminate complex

For many young people in Punjab, the United States represents the ultimate dream destination, offering the promise of higher earnings and better living standards. However, the increasing trend of illegal migration has exposed many individuals to significant risks, including financial ruin, life-threatening journeys, and legal consequences. The desire for a better future drives thousands to seek unlawful entry into the US, often facilitated by unscrupulous agents who exploit their desperation.

Irv Gotti, Hip-Hop Visionary and Founder of Murder Inc., Dies at 54 The music world has lost a true icon. Irv Gotti, the Grammy-winning producer and co-founder of Murder Inc. Records, has passed away at the age of 54. Known for his pivotal role in shaping the sound of hip-hop and R&B during the late '90s and early 2000s, Gotti's legacy as a tastemaker, producer, and mogul is undeniabl

Coldplay’s Chris Martin and Dakota Johnson Attend Maha Kumbh Mela 2025, Fans React to Viral Video Chris Martin, the lead singer of Coldplay, and his girlfriend, actress Dakota Johnson, made a rare appearance at the Maha Kumbh Mela 2025 in Prayagraj, India, drawing widespread attention after a video of their arrival went viral on social media. The couple’s visit to one of the world’s largest spir

Bill Gates Criticizes Elon Musk’s Political Influence and Far-Right Support Bill Gates has raised concerns over Elon Musk’s increasing involvement in global politics, particularly his support for far-right movements in countries like Germany and the U.K. Gates expressed alarm over Musk’s ability to influence political landscapes, describing it as “insane” and urging nation

On Friday, a Pakistani court convicted former Prime Minister Imran Khan and his wife Bushra Bibi in a landmark corruption case related to their welfare foundation, the Al-Qadir Trust. Khan received a sentence of 14 years in prison, while his wife was handed a 7-year sentence. This verdict marks another chapter in Khan's ongoing legal and political battles since his ousting from office in 2022. T

Challenges NRI Parents Face in Arranging Marriages for Their Children For Non-Resident Indian (NRI) parents, one of the most significant milestones they often face is the task of arranging marriages for their children. While marriage remains an important cultural tradition in many Indian families, NRI parents encounter unique challenges when navigating this important phase of their children's lives

Pravasi Bharatiya Divas (PBD) 2025: A Detailed Overview The 18th Pravasi Bharatiya Divas (PBD) will take place in Bhubaneswar, Odisha, from January 8-10, 2025. This biennial convention celebrates the invaluable contributions of Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) towards India's development. Organized by the Ministry of External Affairs in collaboration with the Go

Vinay Hiremath, the Indian-origin co-founder of Loom, who sold the company to Atlassian for $975 million in 2023, recently opened up about the personal challenges he’s faced since achieving significant wealth. In a blog post titled "I am rich and I have no idea what to do with my life," Mr. Hiremath reflected on his struggle to find purpose after selling his company. He shared, "Life has felt like

US Consulates in India to Remain Shut on January 9: Impact on Visa Appointments The United States consulates across India will remain closed on January 9 due to a public holiday. This temporary closure could disrupt planned visa appointments for numerous applicants and may create scheduling challenges. Here’s a detailed overview of what this closure entails and what

Jeff Bezos' $500 million luxury yacht, Koru, became the focus of attention when customs officers conducted a surprise inspection near St. Barts on New Year's Eve. While Bezos was not present, his fiancée, Lauren Sánchez, remained unbothered as she lounged on deck, exuding elegance in a Versace bikini and wide-brimmed hat. Photos captured Sánchez smiling for the cameras while unifor