Yes, it is true that financial / retirement calculators are simple to use. Based on a few assumptions that you input on your computer about the future, it instantly provides you with a number that indicates how much one needs for his/her retirement. This calculation might appear accurate to you in terms of scientific and […]
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Exposed:7 Reasons Why Financial Plans Fail! How to Overcome?
Listen to this article Getting started on anything – for instance, losing a couple of kilos – is tough, but eventually, we shake ourselves up and just do it. And then, comes the wonderful part – you wonder why you took so long to do something good for yourself! The biggest hurdle to getting your […]
4 Different stages of investing: Which stage are you in?
Listen to this article Table of Contents: Why do I need to Invest? When Should Start Investing? What are the different Investment Options? 4 Different stages of investing: Which stage are you in? 1. Unconscious incompetence: 2. Conscious incompetence: 3. Conscious competence: 4. Unconscious competence: Why do I need to Invest? Did you know that […]
A checklist for NRIs returning back to India
Listen to this article As an NRI, you have decided to move back/return to India and are wondering how you should go about it. Well, Non-resident Indians(NRI), wishing to moving back/return to India may get perplexed determining what exactly they should do so as to move back to India seamlessly. Here are a few things […]
How NRIs can avoid Double Taxation?
Listen to this article ‘Dil mange more’, the ‘heart yearns for more’ is a phrase which fills the heart with exuberance when the ‘double’ refers to benefits or gifts accruing to us. If the reverse happens, for example paying taxes twice on the same income, then the experience could be quite debilitating. What is double […]
Resident Foreign Currency Account: The Choice of NRI’s returning India
“Aa ab lautchalen”, (meaning let us now return) is the title of a Bollywood movie which reflects the thought of many NRIs’ yearning to return to India. The decision to return requires planning, especially the finances and Resident Foreign Currency (RFC) Account is an ideal vehicle for NRIs’ to park their funds in foreign currency […]
