Year: 2021

  • How is Global Income taxed in India?

    The Income tax is levied to the individuals’ income as per the Income Tax Act, 1961 read along with Income Tax Rules, 1962 and notifications therein. As per the Indian tax laws, all the incomes accrued within India or received within India are taxable for all individuals, irrespective of their residential status. However, any global…

  • Common Myths About NRI Home Loan

    According to the UN (United Nations) estimate, nearly 16 million Indians reside outside India in different parts of the world. Indians who live overseas are referred to as NRIs or Non-Resident Indians. Many NRIs stay in touch with their roots back in India, and after living overseas for a few years, wish to settle back…

  • What are the different kinds of cryptocurrencies you can avail of?

    Bitcoin was the initial blockchian based cryptocurrency and the notable thing is it continues to remain the most valuable and popular cryptocurrency. Today, people across many alternate cryptocurrencies and they are found with different specifications and functions. A few of them are called forks or clones of bitcoin whereas some are fresh currencies that are…

  • How an Individual Coverage HRA Could Help Your Business

    Whether you are a fan of the Affordable Care Act or not, one thing that is hard to deny is that the law has forced a lot of people to think outside the box. It has resulted in a number of creative new options for covering healthcare costs. One such option is the Individual Coverage…

  • Easy steps to follow for sending money online to India

    Sending money to India when you are in a foreign country can become daunting, but it doesn’t have to be. You moved to another country for a better job, start your business or whatever reason you had. Now you want to take care of your family financially in India and regularly send money to India.…

  • How is Financial Due Diligence Performed in India?

    Due diligence involving the financials of a company is commonly conducted during M&As. Read this post to understand how this due diligence process is performed in India. The financials of the target company play a critical role in every Merger and Acquisition (M&A) scenario. As a result, there is a dedicated branch of due diligence,…

  • Benefits of Taking Unsecured Business Loans

    Whether you need sufficient cash flow for your business growth expansion, or just simply need a free hand to keep day-to-day operations running smoothly, taking unsecured business loan can help you achieve your business targets easily. Particularly, they can be suited for small businesses at the time of their growth phase. Here are some great…

  • What are the benefits of FCNR accounts?

    As per the FEMA (Foreign Exchange Management Act) guidelines issued by the Reserve Bank of India (RBI), a Non-Resident Indian (NRI) can hold three types of accounts – NRE accounts, NRO accounts and FCNR(B) accounts. The benefits of FCNR accounts are as below, which help them score over the other types of NRI accounts: Denominated…

  • Pros & Cons of UPI Autopay Explained Briefly

    UPI autopay (Unified Payment Transfer) is the most preferred method of financial payment digitally. Using UPI autopay you will be able to automate the recurring bill payments at an ascertained time every month. You can generate an e-mandate to nullify all the billings. This type of automated digital payment involves: Mobile payments EMI deductions Electricity…

  • Top Cheap Cryptocurrencies To Buy From The Crypto Market

    These less expensive digital forms of money will assist you with differentiating your portfolio. Diversity is crucial when it comes to converting assets into digital forms of payment. There’s no one fixed inspiration to place assets into only one computerized cash. There are more than 100 advanced types of cash keeping watch and each has…