Meaning of FDI: FDI is a procedure whereby the citizen of one nation buys the right to manage the production and other operations of an organization in another (host country). Regarding FDI Foreign Direct Investment (FDI) is the word used to describe the transfer of...
Interest Equalization Scheme: The Interest Equalization Scheme was first announced on 1st April 2015 by the Government of India to provide pre- and post-shipment Rupee export credit to eligible exporters. It is also known as interest subvention. A rebate of interest...
Are you planning to study in Canada? We have fantastic news for you! ICICI Bank Canada and Royal Bank of Canada (RBC) have joined forces to provide an unparalleled banking experience tailored to the needs of international students. By opening a student GIC...
The global market is continuously expanding, and businesses are finding new opportunities to trade beyond their national borders. Exporting is an essential aspect of business growth, and maintaining a healthy cash flow is vital for businesses to succeed in this...
The outward transfers were roughly $18760.69 million in FY21 and $19610.77 million in FY21–2022. However, these numbers will soon see a decline. The Finance Act 2023 changed the TCS rates for foreign remittances under the LRS. Previously, a 5% TCS was imposed on...
"10 Budget-Friendly Countries to Explore from India This New Year 2025" Top 10 World Cheapest Countries to Travel from India This New Year 2025 As the New Year approaches, many of us yearn to celebrate in a unique and exciting location without breaking the bank. The...
When preparing to study in Germany, one of the key requirements for international students is opening a blocked account (also known as Sperrkonto). This financial prerequisite is mandatory for those seeking a student visa and plays a crucial role in demonstrating your...
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