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The tax exemption on interest earned from FCNR deposits also applies to RFC deposits.
Economy - 2 months ago
Instead of selling your mutual fund prematurely, you can take a loan against the investment, but watch out for margin calls
Economy - 2 months ago
Here is the journey of Instagram influencer Sukhneet Wadhwa who transitioned from a savings-focused approach to mutual funds after her divorce
Economy - 2 months ago
According to AMFI data for August, open-ended equity mutual fund inflows rose by 3 per cent to ₹38,239.16 crore, reflecting a positive shift in inv
Economy - 2 months ago
By responding promptly and accurately, and seeking professional advice when needed, taxpayers can ensure compliance, avoid delays in processing tax re
Economy - 2 months ago
India confirmed its first Mpox case on Monday, raising concerns amid other diseases. While basic health insurance usually covers Monkeypox, individual
Economy - 2 months ago
While the quality of life in Melbourne is superior, it comes at a heavy price — both literally and metaphorically – the couple told Mint.
Economy - 2 months ago
Aditya Birla Sun Life Insurance's Income Suraksha Plan, promises regular monthly income instead of a lump-sum death benefit. While the term insurance
Economy - 2 months ago
Most of the newer investors in the stock market are youngsters who are trading at a very fast pace and losing money. So, why do individuals continue t
Economy - 2 months ago
The series follows Bella's journey from a privileged life to independence after a scandal. It explores themes of collaboration, loyalty, and the neces
Economy - 2 months ago
Although credit cards offer an interest-free period for 45 to 55 days, they charge an interest on the unpaid balance. Higher the interest rate, higher
Economy - 2 months ago
Personal loan applicants must ensure that the fintech platform is a non-banking financial corporation registered with the RBI or has, at least, partne
Economy - 2 months ago
It is advisable to obtain a valuation report from a registered valuer so that one can submit the same before the tax authorities, if required to subst
Economy - 2 months ago
With heightened expectations of an interest rate reversal, the DXY has eased to 100.75, which is positive for the INR, and the RBI will monitor the ru
Economy - 2 months ago
Secure a 10-year renewable residency in Dubai with a minimum investment of ₹4.57 crore, valid as long as property ownership is maintained. Visa hol
Economy - 2 months ago
Rent payments to an NRI landlord require tax deduction at source in India. Tenants can deduct 30% as a standard deduction, paying tax on the remaining
Economy - 2 months ago
Unlike a typical fixed deposit (FD) plan, depositors do not need to make one-time deposit into Bank of Baroda's systematic deposit plan. The deposit c
Economy - 2 months ago
HDFC Bank has raised the marginal cost of funds-based lending rate (MCLR) for 3-month tenure by 5 basis points. The interest rates for all other tenur
Economy - 2 months ago
NPS: Most pension fund managers have posted five-year returns on their equity investment (Tier -II) in the range of 19-21 percent per annum. The lowes
Economy - 2 months ago
A credit card gives you an interest-free period of 45-55 days, based on the date your credit card bill is generated. Whenever you use your credit card
Economy - 2 months ago

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