Financial Guide

For NRI’s who have questions about how much money you can remit from your NRO accounts every financial year and t. Here are a few things you should know! When to file ITR? In FY21, for an NRI, the amount not chargeable for tax is 2.5lakhs. If the amount is more...

According to the UN and IMF, India and China are likely to get back in 2021. Due to the COVID-19 lockdown, India’s real estate sector is badly affected. After 6-8 months when the lockdown is completely released, the industry will pick up. However, estimates say that this will take...

How often do you feel like you shouldn’t have spent the amount that you did? If the answer is “Quite often”, you need to prioritise your money spending habits. With the economy shaken to the core because of Covid-19 pandemic, now is not the time to spend your money...

People in India buy gold for a number of reasons. While some believe it is an amazing asset with a good valuation, some believe it as auspicious. India, which is the second largest consumer of gold, reported its lowest monthly import volumes in over a decade now because of...

While the economy of India has been on a standstill because of Covid-19, the one thing that has affected the situation the worse is the lack of NRI remittances. Major economies are on the verge of recession this year, contributing to lesser transactions made by the NRIs in India....

With the world battling a pandemic and majority of the countries under a lockdown, economy is at its worst phase at the moment. The rupee is plummeting against dollar, people are being laid off from their jobs in the US and Europe and the realtors are relying on NRIs...

With so much uncertainty around the economy in these tough times, it is likely for people to be confused with things that are happening. In a situation where everyone is fighting tooth and nail, especially in terms of the finances, it is easy to make quick and hasty decisions...

With the consistent rise in the rate of the coronavirus pandemic, it isn’t surprising at all that people who are being admitted to the hospital have a constant question of whether or not their health insurance covers the coronavirus hospital costs. To be fair, given that these are such...

Nirmala Sitharaman who is the Union Finance Minister of India has dispelled the doubts stating the law that has been proposed in the Budget 2020 where in it has been proposed a change in law will not tax the income of the Non- resident Indians which they have earned...

The tax residency rules for the Non- resident Indians have been amended by the Budget 2020. An NRI who visited India would be considered as a resident of India if they spent 182 days or more days in the previous year in the country in addition to an aggregate stay...