Category: Personal Finance

PPF Account and PPF Interest Rate @ 7.6%

We all have heard a lot about PPF Account and seen our parents make investment but what is PPF Interest Rate in India and what are the benefits of investing in this form of Instrument? This is one question which...

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Income from House Property: Deductions allowed

The rent received from any property (whether commercial or residential) is taxable as Income from House Property and deductions are also allowed from such income. The manner of computation of taxable income from house property and deductions allowed from income...

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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. Zero Depreciation Car Insurance Cover is an add-on insurance cover...

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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 park their excess funds in India to earn a handsome...

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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 Interest Rates in India and other developed countries, NRI’s have...

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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 NRE Account can be opened either in the form of...

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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 in India through the 3 eligible forms of Bank Accounts...

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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 communities of Expats in the World. With NRI’s growing in...

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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 a sizeable portion of the wealth. These NRI’s may be...

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Senior Citizen Saving Scheme: Benefits & Interest @ 8.6%

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 on govt deposits. One such deposit scheme of the Indian...

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