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Source: Live Mint I filed my income tax return (ITR) as a non-resident Indian (NRI) and it has been processed. If I want to revise the ITR before 31 December do I need to file an updated ITR? I forgot to show some interest income that is taxable at 12.5% under a double taxation avoidance…
Source: Live Mint Volatility is the lifeblood of financial markets. It creates profit opportunities but is also the source of sleepless nights for many investors. While some thrive on the adrenaline rush of market fluctuations, others shy away, deterred by the potential for losses. However, savvy investors understand that managing risk is equally critical. This…
Source: Live Mint Many countries “piggyback” onto the visa approval systems of large developed nations, allowing visa-free entry or visas on arrival for Indian travellers holding valid US, UK, Canada, or Schengen visas. If you already possess a residence or even tourist visa issued by the US, UK or Schengen-area country, many third country doors…
Source: Live Mint In case you face some financial difficulty, or have a sudden expenditure lined up, you could – among other things – raise a personal loan from a bank or a non-banking financial corporation (NBFC). Banks, typically, have a well laid-out process of applying for, and disbursing the personal loan. However, there are…
Source: Live Mint Do you indulge in a lot of work-related travel in your conveyance? Or are you a travel freak who loves to go on long drives on national highways? If one of this is true in your case then perhaps you spend a lot of money at petrol pumps, and may possess one…
Source: Live Mint You will need to disclose only the interest accrued during the current year on the certificate and not the interest received on withdrawal as you have already offered the interest on accrual basis in the earlier years. This interest will be taxed as income from other sources and will be disclosed in…
Source: Live Mint Regardless of the method, this exercise is crucial, as it leads to a recommended and potentially suitable asset allocation for the client’s long-term investment strategy. Asset allocation is a cornerstone of any robust investment plan. However, the relevance of this exercise diminishes if an investor exclusively seeks equity investments or if the…
Source: Live Mint The visa allows individuals to avail of local services like banking facilities, communication services, rental housing, etc. to help with their work life. Eligibility You need to submit proof of your current employment. For starters, you are required to submit proof that you are employed by a non-UAE company with a contract…
Source: Live Mint Amitabh Bacchan was nicknamed the angry young man because he was fighting against the system in the movies, and despite the ghastly sound effects of ‘dishoom-dishoom’, you smiled because he had the chutzpah of calling the ambulance before he beat up the bad guys. Released on National Cinema Day celebrated in India…
Source: Live Mint If you are a travel freak and have a wanderlust, then raising money for your indulgences may not always come easy. You could be travelling and spending at a frantic pace without having to worry over money at all. All you could, however, possibly do is to borrow money. And when it…
