With interest rates in India being significantly higher than those in developed countries like the US, UK, and Canada, many Indians living abroad prefer to park their excess funds in India to earn a handsome return on their surplus money. To encourage Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) staying abroad to invest […]
NRI Accounts in Indian Banks – NRE, NRO, FCNR Accounts Read More »
Feeling overwhelmed by the world of investing? Don’t worry – you’re not the only one! This guide is here to slice through the confusion and reveal the stock market’s hidden treasures. Learn how to become a savvy investor, snagging slices of ownership in businesses you admire (or maybe just tolerate), and potentially watch your money
Simplifying the Stock Market: Your Gateway to Financial Growth Read More »
As interest rates in India are higher compared to those in Western countries, many NRIs prefer investing in India. This preference is driven by the significant difference in interest rates between India and developed countries. To capitalize on this disparity, NRIs often choose to open an NRI bank account in India. There are three types
NRO Account and Income Tax on this type of NRI Account Read More »
The digital transformation of export financing is not merely a future concept; it is actively reshaping the present. This shift towards digitalisation is redefining traditional processes, making export finance more accessible, efficient, and secure for businesses navigating the complexities of global markets. As we enter this new era, it’s essential to understand how these changes
How Digital Innovations Are Reshaping Export Finance for Global Trade Read More »
The Finance Bill 2023 introduced a significant change aimed at limiting LTCG (Long Term Capital Gain) advantages by reclassifying gains from ‘specified mutual funds’ as short-term capital gains (STCG). But what exactly are these Specified Mutual Fund Schemes according to the Income Tax Act? And what’s the key modification regarding the taxation of gains from
Understanding Specified Mutual Fund Schemes: Definition and Tax Implications Read More »
Envision your financial future as a vast landscape of possibilities. Every financial choice we make today carves the contours of our wealth tomorrow. Each investment, whether it’s selecting a promising stock or setting aside savings, sows seeds of future prosperity. To cultivate this garden of wealth, we must adopt a strategic wealth-building mindset. Our compass
Building Wealth: A Long-Term Investor’s Guide to Net Worth Read More »
