Author name: Research Desk

Tax Collection at Source (TCS)

Tax Collection at Source ( TCS ) for Forex Transactions under the LRS Scheme in India

TCS for Forex transactions In the Union Budget 2023, Nirmala Sitharaman, the Finance Minister of India proposed a few changes to the Tax Collected at Source (TCS) rates which will affect forex transactions and outward remittances made under Liberalized Remittance Scheme (LRS) from July 1st, 2023. Let us understand the term Forex transactions and LRS […]

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National Bonds Second Salary Scheme (SSNBS)

National Bonds Second Salary Scheme ( SSNBS ): Monthly Income Scheme in UAE

National Bonds Second Salary Scheme (SSNBS) The Second Salary National Bonds Scheme (SSNBS) is a savings plan in the UAE that allows you to earn a monthly income from your investments. The scheme offers participants the freedom to choose their preferred tenor, ranging from 3 to 10 years. During this period, savings grow steadily, with

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Art Investments

Art as an Asset Class: Exploring the Potential Benefits and Risks of Art Investing

Art Investments Art has long captivated the human imagination, serving as a medium for creative expression, cultural representation, and aesthetic appreciation. However, beyond its intrinsic value, art has also emerged as a promising investment avenue, attracting the attention of individuals seeking to diversify their portfolios. This article delves into the world of art investing, exploring

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Section 89A

Section 89A Guide for NRIs: Claiming Tax Relief on Foreign Retirement Benefit Accounts

Section 89A- Tax Relief on Foreign Retirement Benefit Accounts Section 89A: Non-resident Indians (NRIs) planning to settle down in India after retirement with foreign retirement benefits accounts often faces a lot of difficulties in claiming the benefits under Double Taxation Avoidance Agreement (DTAA). DTAA allows NRIs to claim tax credits or tax exemptions on their

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Contrarian Investing

The Power of Contrarian Investing: How to Profit from Going Against the Herd

Contrarian Investing: Financial markets almost usually favor the herd mentality. The majority of market players concur that either the stock market is performing well and should continue to post gains or that the market is struggling and will be lower next week than it is right now. Holding an unpopular opinion about the market and

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Double Tax Avoidance Agreement (DTAA)

Here is how NRIs Can Utilize DTAA to their Advantage

Double Tax Avoidance Agreement (DTAA) Are you a Non-Resident Indian (NRI) who earns income in India? Then you should know about the Double Tax Avoidance Agreement (DTAA) to avoid paying double taxes on the same income. Let’s say if you are a resident of the UK having rental income in India, in such instance your

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Passion Driven Investing

Passion-Driven Investing: The Secret to Long-Term Wealth creation

Passion-Driven Investing Passion-driven investing is an investment approach that prioritizes personal interests and hobbies. It involves choosing investments based on an individual’s passion for particular assets, such as art, vintage vehicles, or wine. Passion Driven Investing strategy prioritizes personal fulfilment over purely financial gain and seeks to align an investor’s investment decisions with their personal

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United states estate tax

US Estate Tax implications for non-Americans

United states estate tax Estate taxation in the United States is a complex and often confusing topic, For non-Americans, navigating the US estate tax system can be even more challenging. In this blog, we will provide an overview of US estate taxation for non-Americans, including who is subject to the tax, how it is calculated,

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DIY Ditto

MyMoneySage DITTO

Lets DITTO (Do – IT – TOgether) Stock and MF research for DIY investors, the only subscription that you will ever need for wealth creation! Click here to subscribe to myMoneySage DITTO Are you a DIY investor looking to grow your wealth through prudent investments? Look no further than myMoneySage DITTO, the ultimate subscription service

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market-outlook-april23

Market Outlook – April’23

Market Outlook For The Month Of March April Market Outlook: Extreme volatility due to global macro As per out Market Outlook the markets in the month of March remained flattish; it performed as per our expectation and traded between 16800 and 17900 levels. As per market outlook of last month, there were two significant developments

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