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ICICI
Bank Money2India launches complete
online money transfers from Singapore!
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This service is brought to you
in association with DBS Bank, the
largest bank in Singapore. Transfer
money to India in just a few clicks!!
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| Click
here to Know More |
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CRY
Child
Relief and You. An Indian trust. Now reach
out to a needy Indian child by donating
online.
Click here
to know more
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Cheque
Transfer
Now we bring you faster money transfers
with 3 cheque lockboxes in USA : New Jersey,
Chicago and L.A. Send money today
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Budget
highlights for
Non Resident Indians. |
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| Key Highlights
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Dividends paid by domestic companies as well
as by equity and income mutual funds on or after
1st April 2003 are exempt from tax in the hands
of the investor. Hence the tax deducted at source
on dividends for NRI’s is not applicable.
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Long term Capital gains
arising from investments in a listed equity
share acquired after 1st March 2003 but before
1st March 2004 will be exempt from tax. Accordingly
tax deducted at source will henceforth not be
applicable on the gains for shares acquired
during this one-year period.
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Investments in mutual funds however will continue
to attract long term capital gains ... click
here for more
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