Loopholes, high limits & timely buys — why govt’s 20% TCS on foreign spending isn’t deterring anyone

[ Data with the Reserve Bank of India (RBI) shows that not only is overall spending abroad recovering to historical levels, but foreign expenditure on travel and on the purchase of immovable property — two areas in particular the government is keen to curb — is also rising again. Further, it has been confirmed to … Read more

Indian tourists in Maldives decline by 33% amid diplomatic row, India drops to 6th position on visitor rankings

[ NEW DELHI: Amid an ongoing diplomatic row, the number of Indian tourists visiting the Maldives has dropped by 33 per cent as compared to last year, Maldivian website Adhadhu reported, citing data from the Maldives Tourism Ministry. Decrease in market share According to Tourism Ministry statistics for the year 2023, the number of Indian … Read more

Dubai Allows Five-Year Multiple-Entry Visa for Indian Tourists: 8 Key Facts You Need to Know | India Business News

[ Dubai’s multiple-entry visa: Dubai now offers a five-year multiple-entry visa to encourage more travel from India. Here are the key points you should know about this five-year multiple-entry visa for Indian tourists: Visa detailsAccording to ET, this visa is processed in just two to five working days after the service request is accepted. It … Read more