Portfolio Investment Scheme for NRI (PIS) allows NRIs to invest in shares of Indian companies, in the secondary market, under repatriation or non-repatriation basis in respect of shares or convertible debentures sold or purchased through a registered stockbroker on a recognized stock exchange. Here are details of NRI PIS Account. This facility is called PISRead More
NPS (National Pension Scheme) Complete Details Pt1
NPS or National Pension Scheme is a scheme to plan retirement. This scheme works on a similar concept like EPS in India or 401K in the USA. The concept is to accumulate funds for a subscriber in an account and provide him a pension (annuity) after retirement. Let’s see the NPS details, it’s tax benefitRead More
NPS (National Pension Scheme) Complete Details Pt2
NPS is flagship scheme of India under the retirement category. NPS has gained popularity but still due to technicality the scheme needs to be understood to get proper benefits. Here are the complete details of National Pension Scheme or NPS India. This is a two-part post as I wanted to cover each & every detailRead More
Fall Crash Correction – Market Volatility
I recently had an interaction with a renowned fund manager and he started with the phrase – “We live a VUCA World”. VUCA stands for Volatile, Uncertain, Complex, & Ambiguous. Market Volatility is now a researched & accepted discussion. Simply projections & forecasting are not working. The only thing working in investments is discipline. ReasonRead More
Budget 2020 : Impact on NRIs
Budget 2020 has proposed some changes on NRI definition. Also it has changed few rules regarding taxation of income & investments. Here are the changes made in Budget 2020 impact on NRIs. Also Read: Budget 2020 – Highlights & Key Provisions Budget 2020 – Impact on Tax & Investments Budget 2020 Impact on NRIs DefinitionRead More
Union Budget 2020 – Key Provisions & Highlights
Today (01 Feb, 2020) FM Ms Nirmala Sitaraman presented the Budget 2020. This is the first full budget of this government & they have a huge challenge ahead to bring the economy on track. Here are the Union Budget 2020 – Key Provisions & highlights of Union Budget 2020. We have also written a separateRead More