Page-3 of NRI

Union Cabinet gives nod to Composite Foreign Investment Cap

Union Cabinet has given nod to introduce composite foreign investment cap in a bid to streamline the Foreign Direct Investment (FDI) structure. Decision in this regard was taken during Union Cabinet meeting chaired by Prime Minister Narendra  Modi in New ..


RBI allows NRIs to subscribe chit funds

Reserve Bank of Indian has allowed non-resident Indians (NRIs) to invest in chit fund to encourage flow of capital into the country. Decision in this regard was taken after RBI had revised the extant guidelines for subscription to the chit ..


EC rules out possibility of NRI E-voting

The Election Commission (EC) submitted before the SC that providing NRIs with the option of e-voting will not be possible due to threats such as viruses, spyware, and malware. Case before the SC An NRI had filed a PIL before ..