A Resident Foreign Currency account can be opened by individuals who come back to India after their stay abroad; by non-resident Indians (NRIs) and persons of Indian origin (PIOs/OCIs) seeking to maintain foreign currency holdings in India; and those eligible for foreign exchange remittances like pensions, salaries, or proceeds from overseas asset sales.
Short-term finance can be a life saver during an emergency. It is important to know the ways in which one can access it. Here are the features and benefits of each.
Since each asset class has its own features and characteristics, each carries different risks. Let s understand how much risk any mutual fund scheme carries.
ITRs must be filed before the due date. Timely filing helps the I-T department manage the workload efficiently and ensures that the return is processed promptly.