Category: Personal Finance
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NRI PPF Account Changes: An NRI’s Guide
Hey there! Mani here. Having been through the NRI journey myself, I know how confusing it can be to keep track of all the financial rules back home. Today, let’s talk about something that’s causing quite a buzz – the new PPF regulations for NRIs coming in 2024! 💡 Tip: Mark October 1, 2024, in…
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How to Avoid TCS on Remittances: Complete Guide
Hey there! Mani here. When the Indian government announced the 20% TCS on foreign remittances, my WhatsApp was flooded with messages from worried NRIs. After helping numerous people navigate this new rule, I’ve put together this comprehensive guide on how to minimize your TCS burden legally. Understanding Foreign Remittance TCS: The New Rules First, let’s…
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Remitly vs Wise: Rates Comparison, Review – Full Guide
Hey there! Mani here. After years of helping NRIs send money back home, I’ve become quite familiar with both Remitly and Wise. Let me break down everything you need to know about these two popular money transfer services. Picture these two as the Amazon and Flipkart of international money transfers – each with its own…
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What is SWIFT : Full Form, Meaning – NRI’s Guide
Hey there! Mani here. Remember the last time you sent money abroad and the bank asked for a “SWIFT code”? If you were like me, you probably wondered what this mysterious code was all about. After years of dealing with international transfers and helping others navigate the global banking system, let me break down everything…
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Cost of Living in US: What Indians Need to Know
Hey there! Mani here. When I first moved to the US, the biggest shock wasn’t the culture or the weather – it was seeing the prices! “$15 for a basic thali?” I remember thinking. After years of helping Indian students and professionals plan their move to the US, I’ve learned exactly what costs to expect…
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Who is a Beneficiary in Money Transfer? Guide for NRIs
Hey there! Mani here. During my years of helping NRIs navigate international money transfers, one question keeps popping up: “What exactly is a beneficiary, and why is it so important to get the details right?” Let me break this down for you in simple terms, sharing what I’ve learned from both personal experience and helping…
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ACH Full Form, Meaning, Working, Types & Limitations
Hey there! Mani here. During my first few months in the US, I remember feeling completely lost when my employer asked for my bank details for “ACH deposits.” Like many NRIs, I nodded along while secretly wondering what this mysterious ACH system was. After years of living in the US and helping fellow NRIs navigate…
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UAE to India Money Transfer: NRI’s Guide
Hey there! Mani here. When I was working in Dubai, sending money back home was something I did almost every month. Over the years, I’ve learned all the tricks of getting the best rates and avoiding unnecessary fees. Let me share everything I know about transferring money from UAE to India! 💡 Tip: Set up…
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NRI TDS on Property Sale: Complete Guide
Hey there! Mani here again. You know what’s one of the most common questions I get? “Mani, I’m planning to sell my property in India – what’s this TDS thing everyone keeps talking about?” If you’re in the same boat, don’t worry! I’ve been through this myself, and I’m here to break it down in…
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NRI Taxation Guide : Capital Gain Tax, TDS Explained
Hey there! Mani here. Remember when I first moved back to India and had to figure out all this tax stuff? Trust me, I know exactly how overwhelming it can be when you’re trying to understand NRI taxation. After helping hundreds of NRIs navigate this maze, I’ve put together this comprehensive guide that breaks everything…