Student credit card is quite a new concept in India. The concept is getting popular nowadays. Many credit cards are available such as SBI Student Plus Advantage Credit Card, HDFC Bank ForexPlus Card, ICICI Bank Student Travel Card, HDFC Multicurrency Platinum ForexPlus Chip Card and so on are available.
A KRA is mandated to collect and maintain KYC records of investors on behalf of financial market participants registered with SEBI. Computer Age Management System (CAMS) is a registered entity with the SEBI was setup in 1993 as a registrar to Mutual Fund companies and now serves almost close to 60 percent of the industry. Foreign Account Tax Compliance Act is an agreement between India and United states to achieve greater tax compliance between both countries.
There are several myths such as financial planning is for the rich, financial planners can solve all my problems., qualifications don't matter, its DIY things, its mid-aged or old people, not for women and more. Such myths should be avoided, and facts should be dealt upon to get successive outcomes.
India Post Payments Bank or IPPB, a Government of India owned payment bank was launched on 1st September 2018 offering doorstep banking especially in rural areas of India. The features include 4% Internet on savings banks accounts, easy money deposit, withdrawals, doorstep banking facilities, micro-ATM facilities and much more.
Recently, I got an email from RBL bank about their Credit Card called as RBL Platinum Maxima Credit Card. I looked at the email and went on to review the features and eligibility of the card. The card features and other things looked interesting to me. Lets dig straight away onto the salient features of the card.
The people of a country pay taxes to the government based on what they earn. However, if you want to reduce your tax, then there are specific ways in doing so. Tax deductions help taxpayers reduce their tax liability towards the government, enabling them to take home more of their earned money.
Paying double the taxes if you live abroad and in India makes no sense. However, if you're living in the US and moved to India and staying for more than 182 days, you will be liable for taxes in India a swell. however, under the DTAA agreement, users get some benefits on tax reductions.