Mutual Fund Life Insurance General Insurance Shares Commodities Real Estate Loan
More NRIs may fall under the tax net if the Direct Taxes Code (DTC) Bill proposal to impose a levy on their global income if they stay in India for more than 60 days in a year is approved by Parliament.
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In addition, the DTC has also removed the 'Resident Not Ordinarily Resident (RNOR)' category to simplify the tax laws. Now, there will be only two categories, 'Resident' and 'Non-Resident’
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Rupee seesaws on choppy shares
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Japan leads Asia stocks down; U.S. dollar steady
 
Non-Resident Ordinary (NRO) Account
Non-Resident External (NRE) Account
Foreign Currency Non Resident (FCNR) Account.
The NRO / NRE accounts are maintained in rupees and the funds remitted will thus be converted into India rupees at the spot exchange rate.
For FCNR, the deposit can be maintained in the currency of your choice i.e. USD, GBP, EUR, AUD and CAD.
 
Retirement Planning
 
An active and long retirement requires commensurate financial resources. Under estimating your retirement needs can affect your retirement lifestyle or put you at risk of outliving your resources. All your assets put together may or may not equal your financial independence. But it may be impossible to tell unless you earmark your resources to specific goals. Our retirement planning process will help you estimate your retirement income needs, assess your existing assets and income streams and crystallize a retirement plan to meet your goals. Our customized Retirement Plan shall set you free to pursue your dreams. These are some important reasons to plan for retirement. Every person has a need to plan for his own retirement. Priorities may vary from person to person.
Following are the factors which should be considerd before planning your retirement:
Inflation
Rising cost of medical services
Breakdown of joint family system
Increase in longevity
Change in life style
 
 
 
Investment Opportunities:
Real Estate: Primary and Secondary Market
Share and Debentures: Primary and Secondary Mkt
Mutual Funds
Derivative Contracts
Commercial Papers
Government Dated Securities, T-bills etc
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