Wednesday, February 11, 2026
Living in India as Canadian citizens: Couple returns after 10 years, explains OCI limits on jobs and property
Tuesday, February 3, 2026
HC relief for MBBS student seeking spot on NRI quota list
Sunday, February 1, 2026
Over 800 NEET PG aspirants converted from Indian to NRI Change
Saturday, January 24, 2026
OCI draft quota rules in medical edu notified
OCI draft quota rules in medical edu notified
TIMES NEWS NETWORK 24.01.2026
Bengaluru : The govt has notified draft rules specifying quotas for Overseas Citizens of India in medical education. As per the rules, OCIs born on or before March 4, 2021, or OCI card holders before the date, are not entitled to any reservation applicable to a citizen of India. OCI candidates born on or after March 5, 2021 or such card holders after that date, are eligible for admission only against any Non-Resident Indian (NRI) seat or supernumerary seat.
The rule is in sync with Supreme Court orders and central govt rules. The state is now amending Karnataka Educational Institutions (Prohibition of Capitation Fee) Act, 1984 (Karnataka Act 37 of 1984), for admission to govt seats under professional educational institutions rules, 2006. It is also applicable to postgraduate medical and dental degree and diploma courses.
Members of the public can send objections/suggestions until 15 days from the date of publication of the draft; it was published on Jan 21. “We followed Supreme Court and central govt rules all these years. However, students approached the court despite that. We requested the medical education department to amend the rules so that they are specified. Now, the department notified the rules,” said H Prasanna, executive director, Karnataka Examinations Authority.
Karnataka usually gets around 100 students with OCI cards for engineering admissions and 20 for medical. CET is taken by over 3.1 lakh students and NEET by around 1.4 lakh students in the state. The students were considered for general merit quota; they were not eligible for reservations.
Thursday, November 6, 2025
Canada unveils immigration plans, cuts intake of students
The targets for temporary foreign workers (TFWs) is set at 2.30 lakh for 2026, to be sustained at 2.20 lakh in each of the next two years. Kubeir Kamal, RCIC, is optimistic about an announcement to introduce an accelerated pathway for skilled H-1B workers. “This ends a strong message to the global talent pool: Canada is committed to attracting the best innovators and technology leaders to boost our competitiveness and longterm productivity,” he states.
Wednesday, August 27, 2025
Fake NRI admissions racket in medical education: The new red lines on who is and who isn’t a guardian
Monday, August 25, 2025
ED unearths NRI quota admission racket in private medical colleges
Monday, July 28, 2025
ePassport in India: How to apply, and watch out for these fake websites
Sunday, July 27, 2025
The Medical Counselling Committee (MCC) has also clarified that sponsorship letters will no longer be accepted for NRI quota admissions
Maharashtra redefines NRI quota rules for MBBS admission 2025; court-issued guardianship must for wards
Thursday, July 24, 2025
NEET UG 2025: NRI Quota Admissions Only After Three-Tier Verification
Sunday, May 25, 2025
‘OCI card valid docu for services’
Sunday, April 13, 2025
‘NRI’s cap gains on MF units sale can’t be taxed in India’ Such Gains Only Taxable In Country Of Residence:
‘NRI’s cap gains on MF units sale can’t be taxed in India’ Such Gains Only Taxable In Country Of Residence:
ITAT Lubna.Kably@timesofindia.com 13.04.2025
Mumbai : In a significant relief to a Non-Resident Indian (NRI) investor, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that short-term capital gains of Rs 1.35 crore arising from the redemption of mutual fund units are not taxable in India, under the IndiaSingapore tax treaty.
According to Gautam Nayak, tax partner at CNK & Associates, “This ruling brings out one aspect of the India-Singapore tax treaty (and other similar tax treaties) that many NRIs investing in India are not aware of.
By virtue of the tax treaty, capital gains on sale of mutual fund units is taxable only in the country of residence, and not in India.” “This benefit of capital gains on sale of units not being taxable in India will equally apply to tax treaties with other countries having similar provisions — such as those with UAE, Mauritius, Netherlands, Spain and Portugal, to name a few.
In these tax treaties, assets other than immovable property and shares of a company fall under ‘the residual clause’. This clause provides that the gains are taxable only in the country of residence of the seller,” explained Nayak.
In the matter heard by the ITAT, A Shah, a Singapore tax resident, had declared capital gains of Rs 88.75 lakh from debt mutual funds and Rs 46.91 lakh from equity mutual funds during the financial year 2021–22.
In her Income-Tax (I-T) return, she claimed exemption for these capital gains under the residual clause of Article 13 of the tax treaty, which provides that the gains would be taxable only in her country of tax residence (Singapore) and not in India.
The I-T officer rejected the claim and taxed the capital gains, by contending that the mutual fund units derived substantial value from Indian assets and, as a result, would be subject to tax in India.
The litigation finally reached the doors of the ITAT, with Shah submitting that units of mutual funds do not qualify as ‘shares’ and thus fall outside the scope of taxable capital gains under the I-T Act read with the tax treaty provisions.
Based on earlier jurisprudence, in similar cases, the tax tribunal noted that units of Indian mutual funds are issued by trusts and not companies, and therefore cannot be equated with ‘shares’. It held that the ‘residual clause’ would apply and the gains arising from sale of units of mutual funds would be taxable only in Singapore.
Monday, March 17, 2025
PG NEET: NRI application rejection doubles at 324
“Many candidates approached us and asked us to consider their applications under general category,” he said. The number of seats allotted to NRI quota has also fallen drastically this year. Only 87 seats were allotted, while 344 vacant seats were converted to management. Last year, 394 seats were allotted for NRIs, and only 254 were converted to management. “We are unable to understand why only fewer students took up NRI seats this year. Students try through various states and the All India quota. They might have got better seats elsewhere,” he said.
Friday, December 20, 2024
In bid to curb fraud, Canada could stop awarding points for job offers under Express Entry Route
To illustrate, an individual in the age group of 20-29, who is aspiring for being a permanent resident gets an points of 110 if the application is without an accompanying spouse. An application with a spouse fetches 100 points. Those who are 40 years old get 50 and 45 points respectively. Once an individual is 45, nil points are awarded. “Thus, the 50-200 points awarded for a LMIA-backed job offer is crucial to many experienced professionals, especially those in the 40-plus bracket,” explains an immigration consultant. Even genuine candidates who hoped to rely on LMIAbacked points will now find it challenging to meet CRS cut-off scores and obtain permanent residency.
Thursday, December 19, 2024
HC stays counselling for NRI quota PG seats in pvt colleges
HC stays counselling for NRI quota PG seats in pvt colleges
Monday, December 16, 2024
Will EWS students securing NRI and mgmt quota seats create a level playing field
Tuesday, December 10, 2024
Govt replies to plea against NRI quota in med colleges
Wednesday, December 4, 2024
ED raid on pvt med cols
Searches were also conducted at the Haldia residence of former CPM leader Laxman Seth. Two ED teams reached the Salt Lake BC block residence of a relative of an owner of a medical college. They searched the residence and took documents from the owner. Another team reached the medical college near Jadavpur in the evening. It all started after ED initiated a case based on an FIR at the Electronic Complex police station. Allegations suggest that fake documents were used for NRI quota admissions since 2021. Each of the seven medical colleges under scrutiny has 23 seats reserved for NRIs. These colleges charge between Rs 1.2 crore to Rs 1.7 crore annually as tuition fees from students admitted under the NRI quota. According to ED sources, cumulatively Rs 28 crore was mopped up by each of these medical colleges each year
Tuesday, December 3, 2024
NRI quota allocated unfairly to most sought branches: HC
NRI quota seats should have been distributed across all branches. The process adopted by the state govt is completely illegal, the counsel said. The seat matrix of private colleges, which outlines the seats allocated to each category, was prepared in violation of the Medical Education Admission Rules-2018, the petitioner claimed before the court. Instead of the stipulated 15% for the NRI quota, 40 to 50% have been reserved in various branches. And, choice filling is being conducted without providing time for claims and objections as per admission rules. After the hearing, the bench issued notices to the respondents, seeking a response within a week
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