Kapurthala, Punjab:

 Hours after returning home from Italy, an NRI man allegedly killed his wife by repeatedly thrashing her head on the floor of their house in a village here, police said on Tuesday.

Kapurthala Senior Superintendent of Police Vatsala Gupta said the non-resident Indian identified as Sukhdev Singh returned to his house in Sandhu Chatha village from Italy on Monday.

On the same day, he had a heated argument with his wife Harpreet Kaur (45) over some issue, the SSP said.

Singh dragged Kaur to his room and allegedly thrashed her head repeatedly on the floor, killing her on the spot, he added.

The police said a case has been registered against the absconding accused and efforts are on to nab him.

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Non-residents and foreign companies opening bank accounts in IFSC Gift City will not have to furnish PAN and can instead file a declaration.

The non-resident or the foreign company opening a bank account at the International Financial Services Centres (IFSC) will have to file a declaration in Form 60 and should not have any tax liabilities in India.

The Finance Ministry has amended Income Tax Rules exempting non-residents opening a bank account from the requirement of submitting PAN.

Gujarat International Finance Tec-City (GIFT)-IFSC is being promoted as a tax-neutral enclave for the financial sector.

Nangia Andersen LLP Partner – Financial Services, Sunil Gidwani, said this relaxation would make it easy for foreign companies, NRIs and other non-residents to open a bank account with an IFSC bank.

“It will boost the liability/deposits side as well as the retail business segment of a bank in IFSC,” Mr. Gidwani said.