How tax on rental income works for NRIs?

How is income from house property taxed in India for NRIs or non-resident Indians? Are there any distinct regulations that NRIs must adhere to, and what is the procedure for calculating taxable income from house property for NRIs? There are no separate rules for taxation of house property in India for residents and non-residents. Taxation…

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Best large cap mutual funds to invest in 2023

The stock market has become volatile lately. If you are a conservative investor looking for equity mutual fund schemes to achieve your long-term goals, you should consider investing in large cap mutual funds. However, before that you should acquaint yourself with large cap mutual funds and the prevailing conditions in the stock market. First, large…

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BPCL 2023 Jobs Recruitment of GA – 125 Posts

Bharat Petroleum Corporation Limited 2023 Jobs Recruitment Notification. BPCL inviting applications for the positions of Graduate Apprentice. Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 15th Sep, 2023. No.of Posts and Vacancies :-Graduate Apprentice – 125 Posts Qualification:Engineering Degree [Full Time Course] in the respective discipline,…

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15 financial transactions that cannot be done by an individual with an inoperative PAN

The government created the Permanent Account Number (PAN) to enable easy retrieval of information and to enable matching of information relating to investments, loans, and other business activities of taxpayers collected through various sources, both internal and external, for detecting and combating tax evasion and expanding the tax base. As per section 139AA of the…

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RBI takes another step to make your debit, credit card safe; to introduce card-on-file for tokenisation at issuer bank level

The Reserve Bank of India (RBI) has introduced new channels for card on file for tokenisation. Now it will be issued at bank-level to enhance convenience to create tokens created and linked to their existing accounts with various e-commerce applications. According to the RBI Governer’s Statement on Developmental and Regulatory Policies, “RBI introduced Card-on-File Tokenisation…

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