ITR for NRIs

Are you an NRI ?  How is ITR for NRIs different from resident taxpayers ? All these questions are answered in this post. NRIs should file their ITR on time like residents to avoid income tax notice. Although, NRIs need not pay  taxes on interest income from NRE/FCNR Deposits , they should file ITR timely. >> It is … Read more

Forgot Netbanking Password ?

Forgot Netbanking Password (HDFC Bank)? If you struggle with remembering passwords , accessing internet banking/mobile banking can be quite a task. You may consider saving cust ID and password details on a doc in your smartphone or in your gmail drafts. Luckily, HDFC Bank has a user friendly netbanking interface that lets you reset /regenerate … Read more

Returned To India?

Returned to India ?  You can open below accounts on your return to India: Resident Foreign Currency Savings Account An RFC savings account can be opened by NRIs who have returned for permanent settlement after being resident outside India for a continuous period of not less than one year; to enjoy the flexibility of converting … Read more

Tax Rates on Mutual Funds

  Do you hold mutual funds units in your portfolio? If yes, then it a very sensible decision that you have made . Not only do mutual funds provide relief from paying taxes on gains but also they have the potential to grow your wealth over time. Having said this , are you aware of … Read more

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