Systematic Investment Plans (SIPs) have become immensely popular with lakhs of individuals opting for them. Almost 9000 Crores of amount hits the bank accounts of the proud SIP owners. SIPs definitely are an effective tool to multiply your wealth, but their growing popularity has resulted in certain misconceptions among investors. Given below are 15 popularRead More
Financial Planning
Impact on Investments When Status Changes “Resident to NRI”
Becoming an NRI is an awesome thing… Though it means some paperwork. So let us guide you on what happens when your status changes from Resident to NRI. Common questions are – what happens to my bank accounts when you become NRI or what happens to mutual funds when you become NRI. So here is detail on what youRead More
Impact on Investments When Status Changes ” NRI to Resident “
Returning NRIs also come with loads of paperwork & money (I hope so). Coming back is a crucial decision and it invites again dealing with change in status from NRI to Resident or change in status from NRI to RNOR. It involves a process to inform various intermediaries about change in residential status. Whenever thereRead More
How to Know Future Financial Scams Today?
I live in a Jaipur, which is still not fast paced like Delhi and not dull like a remote land. But last Thursday we all wake with the news – “More than 100 Crore duped from Doctors”. When I read details, I could relate as one of our clients has enquired about the said company,Read More
Income Tax Planning for NRIs & FAQs
Updated 16/07/2022 – In this article, we will discuss the Tax Planning for NRIs in detail. We will be modifying it when there are changes. So that you have up to date knowledge on Tax Planning for NRIs. Specific questions can be asked in the comments section below on Taxation for NRIs. So here weRead More
How to Invest in Mutual Funds? Full Process
We covered Mutual KYC in the last post. This time we will cover – the process of how to invest in mutual funds in India. If you are making your first Mutual Fund Purchase this post will be beneficial for you. MF Investing is a process with documentation like KYC & set of other documentsRead More