Taxation of Income in India for NRI is an important element under Tax Planning for NRIs. India follows a progressive manner of taxation. Last Years Union Budget has divided the Income Tax System into 2 regimes. They are called the Old Regime of Taxation & New Regime of Taxation. Here is the complete details ofRead More
Financial Planning
Decimation – Does NOT Mean you WON
I was talking to my friend & investor over the weekend – and he says “I never carry tension home. I purchase & sell the same day. Even if the stock is good and made me returns I do not keep it over the weekend. I just sell it and again buy next week ifRead More
Analysis of Arogya Sanjeevani Policy
Health Insurance is a crucial matter – especially after times like Covid 19. In simple words, Health Insurance is insurance that provides cover against medical emergency expenses. It should cover almost all the diseases whether critical or common depending upon features of the policy. Being affordable is one of the features most look for. SoRead More
Changes in Personal Finance from 1 April 2021
The Financial Year 2020-21 will close on 31 March 2021. Like all new financial years, the new FY 2021-22 will have new tweaks & changes to your personal finance. The top Changes in Personal Finance from 1 April 2021 will be: Changes in Personal Finance from 1 April 2021 1 . EPF deduction above RsRead More
Understanding Overseas Citizen of India (OCI)
Indian Citizenship is singular and non-ambiguous. This means In India we do not have a concept of Dual Citizenship. You are a Citizen of India or Not. But what if you have ancestors in India? You have moved a few generations ago and settled in another country and became a citizen of a foreign country.Read More
How I Spent 2020 as Financial Advisor?
Can you enjoy a relationship without committing to one? OK, pretty emotional start… right? So let me rephrase – Can you enjoy the weather sitting on a closed balcony or enjoy a cold shower without getting wet? You may wonder why I am asking this? Most of the investors want 2 definite things – OneRead More