Why real estate rules for NRIs need to be simplified

There seems to be a fundamental flaw in the way some of the income tax provisions are administered that hurts non-resident Indians’ real estate investments in India, says Harsh Roongta. Illustration: Dominic Xavier/Rediff.com Recently, I received a call from a client, namely Nitin. He is an Overseas Citizen of India based in the UK. The income tax department, through an […]

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Japan’s NRI Presents Its New Blockchain Security Tool, Becomes ConsenSys‘ Development Partner

Photo: ConsenSys / Twitter While the blockchain infrastructure is actively developing, such aspects as security and protection of privacy are still considered to be rather controversial and require to be enhanced in order to increase the level of confidence of the participants of the network. NRI’s Blockchain Security Tool Japanese Nomura Research Institute’s (NRI) subsidiary that is dealing with cybersecurity […]

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