NRI remittances: Why You Must Choose NRI Savings Accounts?
Your Money

NRI remittances: Why You Must Choose NRI Savings Accounts?

Around $112.6 billion (about ₹9,34,580 crore) was sent by inward foreign remittance in 2023, a solid 26% rise from the past five years. This inward remittance helps fatten up the foreign exchange reserves, hence boosting the nation’s economy.

Continue Reading about 2 months ago
Pay 0 Tax with an Income of upto ₹12 Lakh
Your Money

Pay 0 Tax with an Income of upto ₹12 Lakh

Direct tax collections show a 19% increase, hitting ₹14.70 lakh crore by 11 January 2024. This achievement represents 81% of the fiscal year 2023-24 target, as reported by the Central Board of Direct Taxes (CBDT).

Continue Reading about 3 months ago
Sovereign Gold Bond Scheme 2023-24: Worth Investing?
Macro Moves

Sovereign Gold Bond Scheme 2023-24: Worth Investing?

Giving a double-digit return on investment in 2022-23, the Sovereign Gold Bond (SGB) Scheme tranches 3 and 4 were announced for 2023-24. The scheme yielded an average of 13.7% return for the past few years.

Continue Reading about 4 months ago
The Role of a Financial Advisor In Personal Finance
Your Money

The Role of a Financial Advisor In Personal Finance

Figures, charts, financial ratios, and multiple calculations, the realm of finance can be complex most times. Amidst all the complications stands an individual with expertise in everything finance. These perfectionists are like a beacon of light, showing hope to citizens who wish to realise their dreams and plans for the future. 🌄

Continue Reading about 6 months ago
Capital Gain: Profit and Tax Strategies
Tax Club

Capital Gain: Profit and Tax Strategies

Capital gain taxes are often overlooked but can leave quite a dent in your pocket if not managed properly.

Continue Reading about 11 months ago
RBI Sovereign Gold Bonds
Your Money

RBI Sovereign Gold Bonds

Investors in India, take note! The clock is ticking as the fourth tranche of the Sovereign Gold Bond Program is now available for subscription, but only for a limited time. The Reserve Bank of India began accepting applications on March 6, 2023, with the subscription window scheduled to close on March 10, 2023. Act fast if you don't want to miss out on this opportunity to invest in SGBs!

Continue Reading about 1 years ago
Capital Gains: What to expect? How can taxation be improved?
Tax Club

Capital Gains: What to expect? How can taxation be improved?

Are you looking forward to the upcoming Indian Union Budget 2023? If so, there are many things you may want to keep in mind. Capital gains taxation in India has been a topic of discussion for a while now, and it seems that many changes are set to be made.  The upcoming Indian Union Budget 2023 will majorly impact investors in India. You must know what to expect if you are planning to make any money in the country soon.

Continue Reading about 1 years ago
How to save capital gain tax on sale of residential property?
Tax Club

How to save capital gain tax on sale of residential property?

Taxes are something that no one enjoys. But what if I told you that there are some simple ways to save money on taxes while selling your most valuable asset, your own 'house'? Yes, there are some exemptions available to you under the Income Tax Act that allow you to earn a tax break on the sale of your home.

Continue Reading about 2 years ago