The US news agency CNBC listed Vietnam among the top ten countries, where expats are happiest with work, life, and cost of living amid the Covid-19 pandemic. Vietnam among the top ten countries, where expats feel so happy to live amid the Covid-19 pandemic, according to a report from CNBC, a leading US news agency for business. “The coronavirus pandemic impacted lives around the world, but depending on where you reside and the local response to prevention efforts, your experience may have varied greatly,” Jennifer Liu from CNBC stated. Those experiences are among the data collected by Internations, a global…
Author: Miley Selena
SynopsisSetting up of a trust in India for NRIs is a mixed bag with a lot of challenges under Indian exchange control laws since foreign investment in private trusts is not generally permissible. Further, the trust laws in India which govern the formation, registration as well as rights and responsibilities of each of the stakeholders – settlor, trustee, beneficiaries etc., also require consideration.Many NRIs are looking at India for investments as well as estate planning with the possibility of returning to their homeland in the future. The current crisis has also made a sizeable section of the NRIs re-think estate…
SynopsisSetting up of a trust in India for NRIs is a mixed bag with a lot of challenges under Indian exchange control laws since foreign investment in private trusts is not generally permissible. Further, the trust laws in India which govern the formation, registration as well as rights and responsibilities of each of the stakeholders – settlor, trustee, beneficiaries etc., also require consideration.Many NRIs are looking at India for investments as well as estate planning with the possibility of returning to their homeland in the future. The current crisis has also made a sizeable section of the NRIs re-think estate…
Due to the second wave of the coronavirus, the government has extended several income tax related deadlines including those for filing income tax return for FY 2020-21, issuing Form 16 and others. However, the deadline for paying self-assessment tax for FY20-21 has not been extended for those individuals whose tax liability after deduction of TDS and advance tax exceeds Rs 1 lakh. Such individuals would have to pay a penalty if the self-assessment tax exceeding Rs 1 lakh is not paid by July 31. Click here to read about the extension of various income tax deadlines. Dr Suresh Surana, Founder,…
In wake of fresh community coronavirus infections, Ho Chi Minh City has ordered street-side restaurants to avoid serving customers on the spot. The decision was made by chairman Nguyen Thanh Phong at a meeting Friday after the city recorded five local Covid-19 cases in the past three days. Of these, two are restaurateurs in District 3 and Go Vap District. Phong said authorities had considered the decision very carefully as in most cases, small restaurants are the livelihood of entire families. For restaurants of larger scale, mainly those that employ more than 10 staff, and hotels’ restaurants, the city requests…
A pit bull has been put down after fatally attacking a person and injuring his owner in Vietnam’s Mekong Delta. The incident took place in Thu Thua District, Long An Province at around 11:00 pm on Thursday, according to preliminary information. H.T.H., 37, was then walking his two pit bulls, a male weighing 52 kilograms and a female weighing 30 kilograms, with a friend along a street about two kilometers from his house. Both of the dogs are about two years old. As H. and his friend joked around, the male dog attacked the friend and repeatedly bit multiple parts…
personal finance: Covid impact: Are you doing enough to keep your money safe in today’s digital world? – The Economic Times Video | ET NowBusiness News›Wealth›Plan›Covid impact: Are you doing enough to keep your money safe in today’s digital world? ET Online | 21 May 2021, 01:02 PM ISTWith covid-19 blurring the lines between the real and virtual worlds, scamsters have a bigger pool of prey to pick from. For cybercriminals and fraudsters, now is a busier time than ever. Follow these steps to ensure the safety of your money in this highly digital world.85viewsTo see your saved stories, click…
Covid-19 hotspot Bac Ninh permits reopening of Canon factory as the situation is under control following recent community-transmitted cases. Bac Giang and Bac Ninh, neighboring provinces, have been experiencing waves of Covid infections. Visit Vietnam Insider’s homepage for more stories. Bac Ninh Province authorities have allowed Canon to reopen a factory that was ordered shut earlier this month due to the coronavirus, reported the VNExpress. Authorities have said the Japanese optical imaging firm’s factory can resume operations on May 24 on condition it abides by Covid-19 prevention regulations. The factory in Que Vo District, where Covid-19 outbreaks have been recorded,…
The Health Ministry confirmed 24 local Covid-19 patients on Friday morning, raising Vietnam’s infection tally in its new Covid wave to 1,786. A 70-year-old woman with diabetes in Hanoi has become Vietnam’s 40th coronavirus death and the fifth fatality confirmed amid the nation’s latest wave. Visit Vietnam Insider’s homepage for more stories. Vietnam adds 24 cases to domestic Covid-19 count, The Health Ministry reported. The new cases were recorded in four northern provinces of Bac Giang, Dien Bien, Hai Duong and Bac Ninh. Bac Giang registered 15 cases, including 13 that are associated with a cluster at its Quang Chau…
The government extended the deadline to file income tax return (ITR) for FY21 for individuals by two months to September 30, 2021 from the current deadline of July 31, 2021. The Central Board of Direct Taxes (CBDT), via a circular issued on May 20, 2021, stated, “The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 31 sl July 2021 under sub-section (1) of section 139 of the Act, is extended to 30th September 2021.” Along with the extension of the ITR filing deadline, belated ITR filing deadline has been extended as well. “The…