Finance
Indian share market tips, tax planning and money transfer methods
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Send Money To India With Payoneer
Talk about an international payment transfer solution and you have Payoneer. You may have business establishment that requires paying numerous people to prepaid MasterCard. Hence, this system is a global system and due to its efficient service and secured payments, Payoneer is the much sought after method for sending payments to India Internet has really [...]
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Send Funds to India with Money2India
Have you heard about Money2India? If you have not, then this piece of information is both vital and useful for you. This service is an online money transfer method brought to the public by ICICI bank. This service can be used by any person from anywhere on earth who wishes to send funds to India. [...]
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Send Money To India With CitiBank
If you wish to send money to India, then you can simply open rupee checking account with Citibank. The facilities provided with this account are ATM cards, cheque books, internet banking, money transfer and demand draft that can be sent through courier. Citibank is one of the reputed banks that allow you to transfer funds [...]
Posted in Remit Through Banks | No Comments
Difference between NEFT and RTGS?
NEFT is the abbreviation of National Electronic Fund Transfer, which is the online way of funds transfer of any financial institution, particularly for Indian banks. The upper limit for this service is fund transfer not more than INR 100,000. However, Real Time Gross Settlement, as abbreviated (RTGS), is not used to transfer funds by banks [...]
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Tax Benefits on Home Loans in India
When you opt for housing loan, then you can become a benefactor of benevolent schemes under Income Tax Act. In fact, you can enjoy deductions from both interest and principal payments. While for principal the deduction claimed can be up to 100,000 INR in case of both rented and self-occupied property, under section 80C. For [...]
Posted in Tax Saving Tips | No Comments
Best Options to Invest Your Money to Save Tax India
Tax saving is the primary goal of many, including men, women, small or big businesses, young, old etc. The question here is, which tax saving instrument should be used in order to maximize the savings. If you wanted to know the answer to this question from a long time, then following save tax India tips [...]
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Sell 40% of your equity holding Book Profits
The market seems to have lost the steam and corporate earnings were also somewhat below expectations. With market above 18000 there seems to be little hope for any significant upmove. The inflation numbers will only get worse in weeks to come and there does not seem to be any positive news coming in near future.. Therefore I [...]
Posted in Market Updates | 2 Comments
PayPal Stops Electronic Withdrawal of Funds in India
Starting on August 1, 2010, Paypal will stop the facility of Electronic Withdrawal of Funds to Banks in India. This is being done 2nd time this year. Similar ban was imposed by RBI on PayPal several months back but the restriction was lifted after PayPal obtained PAN card number from all Indian registered users and [...]
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Indian Rupee now has a sign!
Very soon we will stop writing Rs. for Indian rupees and instead will start using as we now have a sign for Indian rupee just like other currencies like the dollar sign “$”, the Pound sign “£”, and the Euro sign “€”. On July 15, 2010, the Rupee symbol has been selected by the five [...]
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