The documents required for scholarship assessment varies from committee to committee. The documents such as application form, letter of acceptance, statement of purpose can be scanned and uploaded with valid proof.
A scholarship is a monetary reward given to students based on their outstanding performance and financial needs. Every scholarship has its own eligibility criteria. Indian international students who intend to pursue studies in Canada have the opportunity to receive a number of scholarships – those funded by the government of Canada encouraging more students to study in Canada, those funded by private organisations for specific courses and those offered by the universities to boost students joining their organisation.
The eligibility criteria vary from scholarship to scholarship. Here we have listed some common factors:
Similarly, the amount you receive as a grant also varies.
The scholarship application process starts after you have narrowed down the university you wish to study at and the course you are going to opt for. You must submit the following documents to be assessed for a scholarship:
Most of the scholarships can be applied online and the documents can be scanned and uploaded. Some grants will want you to attend an interview process.
We have listed some scholarships for Indian students in Canada.
Scholarships boost your confidence, give peace of mind by reducing student loans, improve your performance in your studies. In addition, if you are a recipient of a scholarship, it is an added advantage in your resume when you go hunting for jobs.
Yes, three Canadian banks have their presence in India. Bank of Nova Scotia has its branch in India, whereas, BMO and TD have their representative office in India.
NRIs living in the United States can invest in Indian Mutual Funds, but there are some hassles that have to be overcome. You will require an NRE, NRO, or FCRN account in order to convert the foreign currency into Indian rupees, post which you can complete the KYC and begin investing in Indian Mutual Funds.
The Securities Exchange Board Of India (SEBI) has proposed a new 'T+1' settlement cycle, under which shares will be settled/transferred from the sellers' Demat account to the buyers' Demat account in one day or under 24 hours. This will be implemented on an optional basis on the exchanges from January 1, 2022. Exchanges like NSE and BSE will have the liberty to select any script that they want to shift into the new regime.
Every Equity Investor should maintain some part of their portfolio diversified into foreign companies. This can be achieved through Foreign brokers or Mutual Funds and ETFs that invest in abroad markets. Investing abroad has many benefits such as exposure to the top global companies like Facebook, Amazon, Ford, etc. The tax implications on investments made outside India are different as foreign Equity is taxed as Debt Mutual Funds
You can definitely trade or invest Rs 100 in Indian stock markets. There are no monetary requirements to enter the stock market hence you can buy any share that is trading under Rs 100. Apart from direct stock investing/ trading, there are some indirect ways to own shares over Rs 100. This can be done through Mutual Funds.
Yes, you can use TradingView for free in India. There are some brokers that allow you to use some of the features of this platform free of cost.
Yes, any NRI can invest in mutual funds in India, if they follow some certain conditions under Foreign Exchange Management Act or FEMA Act 1999.
Public Provident Fund Scheme is a saving scheme that comes with tax benefits. Ministry of Finance introduced this scheme in the year 1968. The main objective of PPF is to encourage general people to mobilize their small savings. The interest offered on these schemes are not taxable. Precisely, PPF is an investment with non-taxable returns.
Investing in abroad markets has become quite easy these days. One can get direct and indirect exposure into the U.S. market through various methods. Investing in foreign markets like the U.S provides many benefits like Diversification into the top companies of the world, Benefit of Currency Depreciation, etc. Apart from directly purchasing the stocks listed on the U.S. stock exchanges, there are some different methods as well. Know the best methods of getting exposure to the U.S. stock markets.
An NRI requires a number of documents to open a Demat account in India. Continue reading to find out the list of documents.