Assume Mr A is an NRI based in the US and his father wants to send him ₹10 lakh from India. A resident Indian can only send money to an NRI’s NRO account. It cannot go in the NRE account because even though NRE is a rupee-denominated account, funds deposited in it must originate from…
Over 10 lakh senior citizens aged 70 and above have enrolled for the newly launched Ayushman Vay Vandana Card, under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) health scheme, the Ministry of Health and Family welfare declared on Saturday. Of the 10 lakh people who have enrolled for the card, around 60…
The year 2024 is about to end in another six weeks. Investors are looking for different ways to maximise their gains in this Calendar year, while capping the losses to the bare minimum. With stock market indices in a free fall where Nifty has already declined 10 percent on FII sell-off, what should investors do…
My father passed away last year without executing a valid Will, leaving behind my mother, a son, i.e. me and my sister. He had bought a residential house in 2009 which has been equally mutated in the name of all the three legal heirs in the municipal records. We are planning to sell this property….
Credit card companies typically employ a number of marketing strategies or offers to woo new customers. These strategies or offers are aimed to highlight the benefits of their credit cards, target specific demographics, and create a sense of exclusivity. For instance, most of them offer cashbacks, reward points, extra points at some merchants and zero…
Bollywood has been doing it for years, so why shouldn’t Ridley Scott bring the son of the Gladiator back into the arena for revenge? South films have been giving political machinations filled with slash and chop peoples arms and legs and heads off violence, then why not see Roman blood and gore? In this part…
If you are falling short of money while you buy an important item for yourself or someone else, then you don’t need to fret. You can approach a bank to borrow money for a slew of purposes which are personal in nature. Whether you want to spend money on a wedding, or buy an expensive…
Savvy investors can turn market downturns into tax advantages through loss harvesting in a bear market. Tax loss harvesting is a tactic smart investors use to profit from market declines. This technique enables individuals to sell underperforming stocks during a down market, resulting in losses that can be used to offset capital gains and, ultimately,…
Bank of Baroda, or BoB, early last month introduced ‘bob Masterstroke Savings Account’ for the high-end customers named after Sachin Tendulkar, the legend of cricket. Tendulkar has also been named as the brand ambassador of this savings bank account, and rightly so. One might wonder as to why a bank account is named masterstroke, a…
To continue receiving pensions, all central and state government pensioners must submit their life certificates (Jeewan Braman patra) every year by the end of November. With the advent of technology, submitting a life certificate has become simpler. Pensioners have three options for submitting their Jeevan Pramaan Patra: in-person, online, or through doorstep banking. The validity…
