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The tax exemption on interest earned from FCNR deposits also applies to RFC deposits.
1726016408 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
1725966513 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
1725957878 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
1725956959 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
1725954280 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
1725940701 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.
1725877916 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
1725867460 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
1725860717 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
1725857099 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
1725855025 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
1725854773 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
1725843619 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
1725843618 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
1725783984 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
1725756760 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
1725706433 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
1725700340 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
1725691330 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
1725682955 Economy - 2 months ago