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
Planning for Children’s Higher Education
Education is the key to unlock the world and a passport to freedom, to be an independent person and is one element that helps earn respect and the most essential ingredient for a person’s successful Life. Every parent would want to give their child the best when it comes to schooling and education so thatRead More
Interim Budget 2024 Highlights
Budget 2024 … No Change & Rest We May see in MAY 2024… after the elections… Budget 2024 – “As for tax proposals, in keeping with the convention, I do not propose to make any changes relating to taxation and propose to retain the same tax rates for direct taxes and indirect taxes including importRead More
Should you Become a Loan Guarantor?
Sometimes your friend or family may approach you to become a guarantor of the loan. Should you go for it? Any problems being a credit guarantor? Mostly, a loan guarantor is required for unsecured loans. These loans are unsecured means apart from documents, no property or assets are kept as mortgages for the loan. ButRead More