Contents1. PMSBY 1.1 Eligible for PMSBY 1.2 Enrolment of PMSBY 1.3 Raising a Claim 1.4 Termination Scheme 2. APY 2.1 Benefits 2.2 Funding of APY 2.3 Exit and pension payment PMSBY Pradhan Mantri Suraksha Bima Yojana could be a government-backed accident insurance theme in Asian…
Sugarna Priya
3 Min Read
Content 1. PMJDY 1.1 Benefits under PMJDY 2. PMJJBY 2.1 Benefits of PMJJBY PMJDY Pradhan Mantri Jan Dhan Yojana may be a monetary inclusion program of the govt. of India hospitable Indian voters that aims to expand reasonable access to monetary services like bank accounts,…
Sugarna Priya
4 Min Read
Contents1. Non-Resident Indian 2. NRI invest in India 2.1 Fixed Deposit Bank Accounts 2.2 Non-Resident External Account 2.3 Non-Resident Ordinary Account 2.4 Foreign Currency Non-resident 2.5 Mutual funds 2.6 Real Estate 2.7 Direct Equity 2.8 Bonds and Non-convertible Debentures 2.9 Government Securities 2.10 Certificate of…
Sugarna Priya
3 Min Read
Content 1. TDS deducted on NRO account 1.1. Income of an NRI taxed 1.2. Prevention of Higher TDs payments 2. Tax havens 2.1 Tax havens and cautions in handling remittances TDS deducted on NRO account TDS are going to be subtracted on the interest attained…
Sugarna Priya
4 Min Read
Contents 1. Introduction 2. NRE Account 3. NRO Account 4. FCNR Account 5. Conclusion Introduction Living out of the Asian nation has its blessings. NRI earns in bucks and works with the foremost developed economies of the planet. Some NRIs wonder if living and earning…
Sugarna Priya
3 Min Read
Content 1. Foreign currency TCS purchase and encashment 2. Remittance to foreign currency accounts 3. International credit cards 3.1 Credit card foreign transaction fees 3.2 The international chip and PIN Foreign currency TCS purchase and encashment Tax collected at supply (TCS) is that the tax…
Sugarna Priya
3 Min Read
Content1. Resident of India 2. Indian Resident as per Income Tax Act, 1961 2.1 Resident 2.2 Deemed Resident 2.3 Resident / Resident and not ordinarily resident (RNOR): 3. Advance remittance Resident of India In the event, a personal UN agency could be a national of…
Sugarna Priya
3 Min Read
Contents NEFT Forex settlements Securities Settlement Innovative Banking & Payment Systems NEFT National Electronic Funds Transfer (NEFT) is Associate in nursing electronic funds transfer system maintained by the depository financial institution of Republic of India (RBI). Started in Gregorian calendar month 2005, the setup was…
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