Money

public-provident-fund

Budget 2014: Investment in PPF inc. to Rs 1.5L @ 8.7%

Budget 2014 Update: The maximum limit for investing in PPF Account has been increased from Rs. 1 Lakh to Rs. 1.5 Lakh. Accordingly, the maximum tax deduction allowed under Section… Read More

Zero Depreciation Car Insurance & Benefits in India

Zero Depreciation Car Insurance in India seems to have come as a blessing in disguise at a time when the no. of accidents happening on Indian roads is increasing significantly… Read More

NRI Account in Indian Banks – NRE, NRO, FCNR Account

With the Interest Rates in India being significantly higher side as compared to other developed Countries like the US, UK, Canada etc., many Indians staying in these countries prefer to… Read More

What is NRO Account? Bank Account in India for NRI’s

As Interest Rates in India are higher as compared to the western countries, many NRI’s have a preference for investing in India. To make use of these high differences in… Read More

NRE-Account

What is NRE Account & NRE Account Interest Rate

NRE Account stands for Non-Resident External Account and is one of the 3 forms of NRI Bank Accounts in India. Recommended Read: 3 Forms of NRI Bank Accounts in India… Read More

FCNR

What is FCNR Account? Fixed Deposits for NRI’s in India

With Interest rates on Fixed Deposits in India being significantly higher as compared to the Interest rates in the western countries, many NRI’s invest their surplus funds in fixed deposits… Read More

NRI Investment in India in Indian Stock Markets & Shares

With a large chunk of Wealthy Indians preferring to settle outside India, there is immense capital in the pockets of these NRI’s. The NRI Community is one of the richest… Read More

Rules for NRI investment in India in Real Estate

NRI Community is one of the richest communities of expats in the World. The presence of NRI’s is omnipresent across the globe and they have also been able to garner… Read More

Senior Citizen Saving Scheme: Benefits & Interest @ 9.2%

The Indian Govt is very friendly to senior citizens in financial matters and not only gives benefit of higher tax slabs to senior citizens but also gives them extra interest… Read More

What is a Current Account and How to open it in a Bank?

Current Account is an account in which there is no limit on the no. of transactions that can be done in a day and are therefore also referred to as… Read More

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