If you are living and working in Singapore or Hong Kong and thinking to open FCNR (Foreign currency Non-resident) fixed deposits in Singapore and Hong Kong dollar i.e. SGD or HKD then, unfortunately, you don't have many choi…
India is getting prosperous and foreign trip are not a privilege only rich people had in the past. Nowadays, many middle and upper-middle-class Indians are traveling abroad for holidays, vacations, honeymoons, study and just f…
Retirement Planning is very important in the age of nuclear families and western culture. There was time when Indians never bothered about Retirement Planning or Insurance because they trust that their children particularly Son …
Hello guys, FCNR term deposit is very hot at the moment. As I said in my last post it Right time to invest in FCNR deposit , it's the perfect time to get much better interest rates on foreign currency in India than abroad. If…
It's this time of the year when most of the salaried Indian think for tax saving investments. Most of the income taxpayers know about section 80C and the 1.5 lakh tax deductions it allows into your taxable income, but do you…
Good News for all income taxpayers of India, including NRIs and PIOs who pay income tax in India. Now, they can reduce additional 50 Thousand INR on taxable income by investing in the National Pension System (NPS) for the finan…
Online PPF Account with SBI and ICICI bank India Now you can open PPF or Public Provident Fund account online in India with ICICI bank and State Bank of India (SBI). This is a major step to increase popularity of PPF or Public …
Many people so much effort to earn money, but they don't put even 10% of that to save money from taxes and expenditure. In my post 10 ways to save money , I have talked about some general saving tips, now here you will learn…
Though both NRI and POI are used to refers Indians living and working abroad and they have more or less similar rights to open a bank account , buy properties in India and restrictions e.g. not allowed to buy agriculture lands,…
Hello Guys, welcome to the last post of 2017 in NRISavingsFunda and what could be the better topic than "linking Aadhaar" to close out the year. In this article, I'll show you how to check the status of your Aadhaa…
If you know, NRIs are allowed to invest in Stock Market in India i.e. they can purchase and sell shares in Stock Exchanges (Secondary Market) as well as they can buy stocks on Initial Public Offering (IPO), the Primary Market. …
If you hold an insurance policy in India, get ready to link it with Aadhaar. After bank accounts , PAN card , and mobile phones, it's time for insurance policies to be updated with Aadhaar number. Many NRIs have bought Life …
The Government of India has announced a new scheme called Atal Pension Yojana (APY). The APY is a guaranteed pension scheme and is administered by the Pension Fund Regulatory and Development Authority (PFRDA), which also admini…