NRI Taxation: Know the Tax Implications for NRIs in India
Posted on Tuesday, October 4th, 2016 |
The Income Tax Department of India defines an NRI, or a Non-Resident Indian, as an individual of Indian origin but living outside the Indian subcontinent. The Section 6 of the Indian Income Tax Act defines the NRI status of an individual more precisely. According to this section, an individual is considered an NRI if, ?…
Read moreCIBIL Score: Why is important?
Posted on Monday, October 3rd, 2016 |
CIBIL, Credit Information Bureau India Limited, is an important part of the financial system in India as it provides critical credit information about every individual and rates them based on their creditworthiness. The system has its own way of analysis which results in a credit rating for every individual called the CIBIL score. The CIBIL…
Read moreWhen To Finance Your Business With A Personal Loan
Posted on Wednesday, September 7th, 2016 |
Thousands of new and innovative ideas are being constructed into business ventures every year. India’s business sector is gaining momentum having more than 4,000 startups to its credit during the year 2015. With the call for business development comes the need for finance. There are many business loan products available in the market today for…
Read moreIs Converting Credit Card Debts Into Personal Loan Beneficial?
Posted on Tuesday, August 30th, 2016 |
Availing a personal loan to pay your credit card debt has become a common tool to get rid of the debt spiral. Today, credits are easily available. There is absolutely no system to caution you about your credit management capacities. And access to multiple credit cards, coupled with the above, lands you in a debt…
Read more6 Types of Mutual Funds That Every Investor Must Know
Posted on Friday, August 19th, 2016 |
Depending on one’s affinity for investments, investors can be divided into two categories – those who take risks and those who prefer to play it safe. Irrespective of the category you belong to, mutual funds can act as a preferred investment option. Mutual funds allow investors to invest in bonds, stocks and other securities, with…
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