A increase in instances in China that pushed for stronger controls there caused investor sentiment to decline globally on Monday, hurting the rupee’s chances of an early lifting of curbs as the currency surged broadly. The rupee was last trading at 81.8475 per dollar, down from its Continue Reading
In the last issue I had mentioned about investing in bank deposits for enjoying income tax exemption. A few days later there was a mail in my inbox from one of the readers asking if I could explain the logic of charging a higher tax deduction at source on amount placed in NRO deposits with […]Continue Reading