Category: Personal Finance

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...

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...

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...

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...

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...

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...

In India there are 2 types of bonds through which the tax liability of a person can be reduced:- Tax Free Bonds Capital Gain Bonds Tax Free Bonds are the...

National Savings Certificate (NSC), Public Provident Fund (PPF) and Kisan Vikas Patra(KVP) are the most popular fixed income earning instruments which can be opened with a Post Office and also help...

Demand Draft (also known as DD) is a pre-paid negotiable instrument, wherein the Bank by whom the Demand Draft has been made undertakes the responsibility to make full payment whenever...