RBI allows banks to offer higher interest on NRI deposits to draw more foreign funds #RBI #NRI #socialnewsxyz

NRI investors, take note 👇

Debt Mutual Funds purchased on or after 01-Apr-2023 are generally covered under Section 50AA.

❌ No indexation
❌ No LTCG benefit based on holding period
✅ Taxed as STCG at applicable slab rates

Many liquid fund redemptions are being reported incorrectly while filing returns.

#NRI #Section50AA #MutualFunds #CapitalGains #IncomeTax

NRIs frequently encounter challenges such as currency conversion costs, delays in fund transfers and limited access to Indian investment avenues. https://english.mathrubhumi.com/marketing-feature/nre-account-explained-tax-benefits-repatriation-rules-eligibility-nri-banking-india-guide-tif3t2et?utm_source=dlvr.it&utm_medium=mastodon #NRI #Banking #investment

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#MovingToMumbai #NYCtoMumbai #Relocation #JioWorldwide #MovingToIndia #NRI #CheapMoving

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I’ve never been to a #Costco, but _so many_ of my Indian #NRI friends & acquaintances swear by it:

“I Want To Live Like Costco People”, Taste (https://tastecooking.com/i-want-to-live-like-costco-people/).

Via HN: https://news.ycombinator.com/item?id=48050499

#Shopping #Retail #USA #America #DiscountShopping #MidLife #MiddleAge

I Want to Live Like Costco People

Some of us are crying in H Mart; some of us are mourning in Costco.

TASTE

Ashneer Grover Schools Zoho’s Sridhar Vembu Over His Clarion Call For NRIs To Return India: ‘What Delulu!’

https://fed.brid.gy/r/https://in.mashable.com/culture/109020/ashneer-grover-schools-zohos-sridhar-vembu-over-his-clarion-call-for-nris-to-return-india-what-delul

An Indian national is among two killed in an Iran missile attack in Abu Dhabi, with several others injured, UAE authorities confirm. https://english.mathrubhumi.com/news/india/indian-national-among-two-killed-in-iranian-missile-attack-in-abu-dhabi-u54k3hdn?utm_source=dlvr.it&utm_medium=mastodon #IranWar #AbuDhabi #India #NRI

Packing Holi favorites for Priya in New Jersey. 🎨💛
From gulaal and festive snacks to beauty essentials, everything coming together for the perfect celebration. 🌈

Carefully packed and sent across, just in time for the celebrations.

#Indianfestivals #Holi #distacart #NRI