PPF closed for NRIs: What to do now & how to withdraw?
Public Provident Fund (PPF) accounts held by Non-Resident Indians (NRI) stand closed according to a recent notification by the Government of India. The closure will come with effect from the day their status changes to Non-Resident. A similar amendment has...
Amount received as gift by any blood relative living in US is not taxable in India
This article was first published on livemint. I am a US resident and gifted money to my parents in India. They invested that in mutual funds in their name. Are there any tax implications for me? Any amount received as a...
NRIs can continue to invest in PPF
This article was first published on livemint. I had invested ₹10 lakh in Public Provident Fund (PPF) before leaving India. I have heard that PPF is not available anymore for NRIs. How would it impact me? What should I do now...
Taking a long break from work? Plan for the money well in advance
This article was first published in Moneycontrol. How frequently do you ponder about leaving your Nine-to-five routine and enjoying things that you have always wanted to do? It may be a three-month vacation, signing up for a course, pursuing a business...
5 Top Rules for Retirement Saving
5 top rules for retirement saving Retirement saving is a lifelong process. It sounds daunting to many, especially since the event is years away but it is unavoidable. However, by adhering to some simple rules, an effective retirement plan can...
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Investing in stocks needs deep understanding of markets
This article was first published on livemint. I am interested to invest in Indian equities. Should I directly buy stocks or opt for mutual funds? Investing in equity markets is rewarding in the long term. Indian equity markets had a phenomenal run in...
Changing Your Story with the Breakup Fund
That bitter moment has come when you have to accept the truth. Things have changed. The initial bliss of moving in with your boyfriend is now replaced by two strangers silently living a bad decision. Walking away is the only...
Investment Planning at 30
When you turn 30, priorities change. You may have a family to look after, and your current salary might not exactly pay the bills for your ideas of a comfortable future. Let’s avoid any untoward situation with a proper plan...