For Non-Resident Indians (NRIs), planning for the future involves more than just financial management—it also entails ensuring that their assets are distributed according to their wishes. Will is such a legal arrangement. Will for NRIs can solve this issue. Using Will, NRI can be sure of distributing & transferring his assets after his death. DraftingRead More
How to Make Car Insurance Claim (Part-2)
In part one of this post, we detailed our own damage insurance claims. We learn that own damaged car insurance can be claimed in cashless mode & reimbursement mode. Many documents are required to file the claim process. The complete list is given in the previous post. Now when we have every information & documents.Read More
How to Make Car Insurance Claim (Part-1)
Imagine you driving on the bustling streets of your city or town, and suddenly, a distracted driver comes into your path, resulting in a collision! And, you think – what was my fault? Despite being a cautious and skilled driver, accidents do happen. Your car gets damaged and there is no way making it goodRead More
Complexities in Financial Planning for NRIs
As Non-Resident Indians (NRIs) deal with the global financial terrain, they encounter unique challenges that require correct solutions and strategic foresight. Most appreciate a formal approach but still keep their distance from Financial Planning for NRIs. Complexities in financial planning for NRIs arise at every step of change that they undergo. Most issues in financialRead More
NRIs Investment in US Dollars or Indian Rupee
NRIs Investment in US Dollars or Indian Rupee is a complex and important decision. There are several factors to consider, and making the right choice requires careful evaluation. Let’s explore these considerations together. But why would NRI investors invest? NRIs invest due to a host of factors. This can be – Diversification, Better Returns, VarietyRead More
NRIs Health Insurance in India – Tax Saving & Other Aspects
Managing finances effectively is essential for everyone, but it’s particularly crucial for Non-Resident Indians (NRIs) who want to optimize tax savings while ensuring financial security. One smart avenue to achieve this is investing in NRIs Health Insurance. We have already written on the process & the question that NRI should buy health insurance in IndiaRead More