Guide to Investing in US Stocks through LRS

AMCs are not able to invest in US stocks due to the imposition of restrictions by RBI. But Indians can invest in US stocks through LRS. Investing in US stocks offers a fantastic opportunity to diversify your portfolio & create wealth by investing in US companies and brands you use daily like Apple, Google, Meta, Spotify, Netflix, and Amazon and gain exposure to some of the world’s largest and most influential companies  For Indian investors looking to explore international markets, the Liberalized Remittance Scheme (LRS) provides an easy and legal route to transfer funds abroad and invest in US stocks. […]

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A Guide to Opening a Bank Account & Investment in India for U.S. Citizens

U.S. citizens can open bank accounts in India, but there are specific rules and account types based on their residency status. Whether you’re an NRI (Non-Resident Indian), OCI (Overseas Citizen of India), or PIO (Person of Indian Origin), you can open a bank account in India under certain conditions. Why Open a Bank Account in India? As a US citizen with financial ties to India, having a local bank account can make managing rental income, investments, inheritance, and asset sales easier. It also simplifies sending money to family, using services like UPI, and accessing debit cards when visiting India. Without […]

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New Year ; 2025 : Return on life (ROL)

 We are all familiar with ROI (Return on Investment) but not with ROL (Return on Life). Money is only part of the peace and happiness in life. Many people are so occupied with the career trap that they seem to care little about what happens when they leave their jobs. They have planned little about other aspects of their lives; they seem to feel retirement will take care of itself. But this is not true.   Money has no value in itself. Money is useful only in terms of what you can do with it. Money is a terrible master but […]

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Desktop, Browser and Email Security

We blogged last week on Data Security and Password Management. The Government of India has taken initiatives to educate the users on the best practices that must be followed to protect them from different cyber security attacks and cyber threats. Nowadays, cyber attackers can hack your computer and access your saved data and all other information. There is a need for best practices that protect users and their data from threats like malware, phishing, and data breaches from Hackers or Cyber attackers.  The precautions as initiated by CERT-In (The Indian Computer Emergency Response Team) concerning Desktop, Browser and Email Security are […]

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Data Security and Password Management

Cyber frauds have become a big menace. The fraudsters are using innovative methods to defraud gullible citizens. The Senior Citizens are the worst victims. Online transactions are becoming universal for all. Taking precautions is the only option. The Government has taken initiatives to educate the users on the best practices that must be followed to protect them from different cyber security attacks and cyber threats. The precautions as initiated by CERT-In  (The Indian Computer Emergency Response Team) concerning Data Security and Password Management are as follows; Data Security: Password Management: The Indian Computer Emergency Response Team (CERT-In) is a Government Organization […]

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NPS Vatsalya

NPS (National Pension Scheme) accounts scheme is a very good option for creating a retirement corpus. Till now NPS (National Pension Scheme) accounts Tier I and Tier II could be opened for persons above 18 years of age. It is possible now to open the accounts for minors. A National Pension Scheme (NPS) for minors has been launched by Finance Minister, Nirmala Sitharaman on 18th September 2024. It allows parents to contribute a certain amount on behalf of their children towards NPS to secure their future and help them develop a retirement fund. The minimum contribution is Rs.1,000 per year […]

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National Pension System (NPS): A useful retirement scheme

What is NPS? The Central Government had introduced the National Pension System (NPS) with effect from January 1, 2004. NPS has been opened to all Indian citizens voluntarily by the Pension Fund Regulatory and Development Authority (PFRDA). How does NPS works? NPS investment encourages people to invest in a regular interval during the course of their employment and helps in building the retirement corpus. After retirement, we can choose to withdraw 60% of the total amount and the remaining amount 40% should be used to purchase an annuity which will be a regular income post-retirement. 2.Types of NPS Account: 2.1.1. NPS […]

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2023: The Year of Hope and Optimism!

We started 2022 with peak of equity market followed by Ukraine war, historical high US inflation rate, hikes in interest rate by central Banks and oil price volatility. The market reacted adversely to global uncertainties. The latest uncertainty is the bizarre China Covid 19 policy. But India has handled Covid effectively, managed macro-economic fundamentals well amidst uncertainties. The inflation has started moderating, is below 6% now and likely to go down further as per RBI’s assessment. As per IMF, India is the highest GDP growing economy in the world today. The credit growth has picked up and non food credit […]

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How to make fear work in your favour

1) There is always, always, always something to fear when to comes to the stock market. Fear is good because it’s the fear that creates opportunities. Rather than avoid fear, you should welcome it. It is in the grip of stock market fear and exuberance that the most money is made in the shortest timeframe. 2) When fear starts, we perpetuate it. Fear is great for us, for the financial media, the brokers, the financial planners, the fund managers, for financial advisers, in fact it’s great for the whole finance industry. Why? Because fear triggers insecurity which drives investors to […]

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Will your Nominee gets the money after your death?

1. What is a Nominee? According to law, a nominee is a trustee, not the owner of the assets. In other words, he is only a caretaker of your assets. The nominee will only hold your money/asset as a trustee and will be legally bound to transfer it to the legal heirs, if a will is not done. It is essential that one needs to execute a will. It is the ultimate source of truth and replaces the succession law. Nominee can also be one of the legal heirs. 2. Why is the concept of Nominee? If the nominee does […]

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