ELSS Funds for NRI to Save Income Tax in India

 ELSS for NRI: Equity Linked Savings Scheme, commonly known as ELSS, is one of the most preferred tax-saving options. ELSS has the shortest mandatory lock-in period and offers superior returns which makes it one of the best options, not only for resident investors but also NRI investment in India. NRIs can invest in an ELSS or tax saving mutual funds and can claim up to Rs. 1.5 lakh as deduction from their taxable income in India under Section 80C of the Income Tax Act.

Manoj Negi

· 11,740 views

What are the Chances of a Recession in the U.S?

 Is a recession coming in 2022? This article provides assessments and opinions on whether the U.S. is headed for a recession. It answers the question “What are the chances of a recession in the U.S.” The Bureau of Economic Analysis (BEA) reported on Wednesday that the US economy declined during the first quarter at a somewhat quicker rate than anticipated. The report increases concerns that a recession may be approaching after one-quarter of negative economic growth. The U.S. Bureau of Economic Analysis (BEA)’s third and final adjustments for the quarter show that real gross domestic product fell at an annualized pace of 1.6 percent from January to March.

Aruna Luthra

· 9,143 views

The Best Bank in Dubai

 Dubai, once a small fishing village, has emerged as a major cosmopolitan financial hub. It is frequently recognized as the Middle East's top entrepôt and is often compared to Singapore and Hong Kong. Oil money accelerated the growth of the city, which was already a significant commercial centre. Since the early 20th century, Dubai has served as a hub for regional and global trade. Dubai's economy is fueled by trade, tourism, aviation, real estate, and financial services. In 2018, the emirate's GDP from oil output was less than 1%. On June 19, 1963, Emirates NBD was established, becoming the dominant banking group in the MENAT (Middle East, North Africa and Turkey) region. The bank exists in 13 countries and has more than 14 million customers. This article is about Emirates NBD, the best bank in Dubai and one of the international banks in Dubai.

Aruna Luthra

· 11,307 views

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