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Archived Articles about Investing/Finance
How To Invest In Hot Penny Stocks By: Suzy Ma
The article speaks of making money through the stock markets and it’s considered to be well-ventured option since the inception of this very system. Herein we will throw some more lights of investing in what is known as hot Penny Stocks.(read entire article)(posted on: 2011-01-06)
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Why Do You Need A Pan Even If You Are A Nri? By: Vijay K Shetty
A Permanent Account Number, abbreviated as the PAN, is a unique sequence of 10 digits with a combination of alphabet and numerals. The PAN card contains the name, date of birth, father’s name and the photo of the individual to whom the PAN card is issued and is non-transferable. This number is issued to any individual, firm or a body which is identified as taxable by the Income Tax Department of India, according to Indian Income Tax Act 1961. It is unique, permanent and independent of change of address or name or anything in this regard.(read entire article)(posted on: 2011-01-06)
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Growth In Online Trading And Credit Card Online Payment Options By: Vijay K Shetty
Online shopping has simply changed the art of purchasing; a lot more can be done by online credit card. Credit card had opened a new window of online shopping and trading. World’s top 10 shopping sites like Amazon and eBay are purely empowered by Credit Card based online payment option. PayPal is another website, which makes payment on behalf of your credit card. Credit card is not just a luxury which it used to be, it’s a necessity today. Most of the transaction would just not work without a credit card.(read entire article)(posted on: 2011-01-06)
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Offshore Banking: Demystified By: Vijay K Shetty
There is a general perception that offshore savings account is carried out in the purpose of avoiding being tax levied by the government. Unlike the general inclination, offshore savings account is just like the saving account maintained in your home bank except here the bank is in a different country from which you live in. It is not just for those wealthy who want to invest their money to reap higher profits; it is also for any commoner who seeks to deposit money expecting better returns. Usually offshore savings account is initiated in the view of leveraging the financial policies in the particular country and the bank where the money is invested on.(read entire article)(posted on: 2011-01-06)
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6 Steps To Benefitting From International Currency Exchange – Part 2 By: Stockton Mack
Foreign currency exchange rates give you an opportunity to make lot in less time and with less investment.(read entire article)(posted on: 2011-01-06)
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Investing In Indian Mutual Funds: A Note To The Nris By: Vijay K Shetty
The concept of Mutual Funds is well known and no needs any introduction. For beginners, mutual funds is a kind of collective money investment program where money from several investors are merged and invested in securities which include stocks, bonds, valuable metals, commodities and also in other mutual funds. Any mutual fund will have a manager who administers the funds in terms of investing with respect to the target of the fund. Generally, a board of directors or trustees will oversee how the fund is administered by the manager or the firm that governs the funds in the notion to ensure that the fund is manipulated in the best interest of the investors. The net incomes and gains of the mutual funds are distributed according to the dividends invested by the investors periodically. A management fee is levied on the investors for the sake of the management expenses of the fund.(read entire article)(posted on: 2011-01-06)
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Why Nri Deposits Is A Great Idea By: Vijay K Shetty
NRI deposits (Schemes) are ones in which you are entitled to open a bank account to carry out your internal transactions (investments) in the origin country. This is another way in which NRIs are connected with their family in India. NRIs sustain few key benefits from Deposit plans.(read entire article)(posted on: 2011-01-06)
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Home Loans For Nri: What You Must Know By: Vijay K Shetty
Non Resident Indians (NRI) can get loans for building a house or for buying a plot or house in the country. As per as RBI Guild lines define for NRIs, "An Indian citizen who holds a valid Indian passport and who stays abroad for employment or for carrying on business or vocation outside India or stays abroad under circumstances indicating an intention for an uncertain duration of stay abroad is a NRI."The Non-Resident Indians (NRIs) are recognized under the Foreign Exchange Regulatory Act, 1973.(read entire article)(posted on: 2011-01-06)
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Income Tax Applicable For Nris By: Vijay K Shetty
Most of the NRIs (Non Resident Indian) enjoy tax free income in India, but what if you want to come back to your country for permanent residency? According to tax laws governed by Govt. of India, you’re supposed to pay the taxes as per as NRIs rule. As India is member of double taxation treaty, under which you can enjoy the credit for tax that you have already paid in your resident country or you may be exempted from paying tax or reduced tax liability.(read entire article)(posted on: 2011-01-06)
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Taking Banking To The Next Level: Convenience Banking By: Vijay K Shetty
The term ‘Convenience Banking’ has become pretty popular these days with the development of the communication industry in this information era. Convenience Banking refers to the ease with which banking operations can be carried out from anywhere on earth with the access to the internet or to telephone. Any business person or an entrepreneur would like to have access to his finances round the clock and through the year. Convenience Banking promises this and much more.(read entire article)(posted on: 2011-01-06)
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