The tax collected at source (TCS) on remitting money abroad under a liberalized remittance scheme (LRS) What is TCS? - Tax Collected at source is the excess amount collected in the form of tax by the seller of goods from the buyer at the time of selling of goods over...
In the ever-changing landscape of global economies, currencies play a pivotal role in defining a nation’s financial strength and global influence. As we step into 2024, it’s time to explore the top 10 most powerful currencies that are dominating the international...
In today's interconnected global economy, staying updated with live currency exchange rates is paramount, especially when dealing with the ever-fluctuating dynamics between the US dollar and the Indian rupee. For those seeking real-time insights into the dollar to...
In the realm of corporate financial consultancy, one unfortunate trend persists within the Indian banking culture. When corporate clients decide to shift their credit facilities to another bank for better services and competitive pricing, their existing bankers...
Non-resident Indians (NRI) are individuals who are of Indian origin and are living abroad. An NRI is a person who has lived outside India for more than 182 days in a financial year or who has left India with the intention of residing outside the country for an...
In today's global economy, international trade has become a vital component of many businesses. Whether you are an importer or an exporter, you need to be familiar with the unique codes that are used to identify your business and the goods you are trading. In this...