8 Mutual Funds that accept Investment from Canada/USA based NRIs

Mutual Funds that accept investment from Canada & USA NRIs

India is one of the fastest growing economies in the world and hence even NRIs are interested to invest here through mutual funds. Unfortunately most mutual fund houses in India do not accept investments from people based in USA or Canada. This is because Foreign Account Tax Compliance Act (FATCA) enacted by USA. According to […]

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Form 12BB – New Form to claim Tax Exemptions by Salaried Employees

Form 12BB - New form for Salaried to claim tax exemption

Every December to February, employers ask their employees to submit income tax investment proofs along with LTA/HRA proofs. The problem there is no standard format for the same. Each employer has different set of forms and asks for different investment proofs. To overcome this and to give uniform format across organizations, Income Tax Department has

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