Category: Personal Finance

What is a Term Deposit? Are FD and Term Deposits the same?

What is a Term Deposit? Are FD and Term Deposits the same?

When thinking about safe and reliable investment choices in India, options like “Fixed Deposit” (FD) and Term Deposit take the centre stage. Though these are commonly used terms there’s often...

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Utilising A Personal Loan EMI Calculator For Managing Your Loan Repayments

Utilising A Personal Loan EMI Calculator For Managing Your Loan Repayments

Managing finances while repaying a personal loan can be difficult. Many of us have been there, wondering how to fit monthly repayments into our budgets without overstretching ourselves. That’s where...

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Tips to Minimise Forex Charges and Save Money While Travelling Abroad

Tips to Minimise Forex Charges and Save Money While Travelling Abroad

International travel introduces you to new cultures, beautiful landscapes, and unforgettable memories, but it can also bring in Forex charges that inflate your vacation costs. Some charges could be unavoidable,...

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Planning Your Investments with the FD Calculator Monthly Interest Feature

Planning Your Investments with the FD Calculator Monthly Interest Feature

Investing in financial schemes is a crucial component of holistic financial planning. One of the most popular and safe investment options is a Fixed Deposit (FD) – a financial tool...

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How Digital Innovations Are Reshaping Export Finance for Global Trade

How Digital Innovations Are Reshaping Export Finance for Global Trade

Digital transformation of export financing is not just a thing of the future; it’s already underway. This shift towards digitalisation is redefining traditional processes, making export finance more accessible, efficient,...

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NRO Account and Income Tax on this type of NRI Account

NRO Account and Income Tax on this type of NRI Account

As Interest Rates in India are higher as compared to the western countries, many NRI’s have a preference for investing in India. To make use of these high differences in...

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NRI Account in Indian Banks – NRE, NRO, FCNR Account

NRI Account in Indian Banks – NRE, NRO, FCNR Account

With the Interest Rates in India being significantly higher side as compared to other developed Countries like the US, UK, Canada etc., many Indians staying in these countries prefer to...

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How Can Tax Deductions Help Maximise Your Savings?

How Can Tax Deductions Help Maximise Your Savings?

Tax deductions function as a valuable tool in the personal finance domain, allowing individual taxpayers and companies to lower their taxable earnings legally and the applicable tax payment. In addition,...

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An in-depth analysis of the Liberalised Remittance Scheme (LRS)

An in-depth analysis of the Liberalised Remittance Scheme (LRS)

In March 2023, remittances totaled $2.95 billion, up from $2.1 billion in February 2023 and $1.96 billion in March 2022. At the core of these payments lies LRS.  LRS’s full...

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Personal Finance – Chartered Club