NRIs Can Open Fixed Deposit Accounts In Six Foreign Currencies in India Tax-Free

 Indian banks like the State Bank of India (SBI), RBL Bank, and Federal Bank, offer FD accounts in six major foreign currencies tax-free. The US Dollar, British Pound (GBP), Canadian Dollar (CAD), Australian Dollar (AUD), and Japanese Yen (JPY) are all accepted. Fixed deposit rates in India are outstanding on a global scale. NRIs will undoubtedly want to take advantage of this opportunity.

Aruna Luthra

· 7,495 views

​​Achievements of Indian Diaspora in UK

 The Indian diaspora in the UK comprises approximately 1.5 million people. This group has contributed largely across many fields. Real estate, trading, medicine, financial services, information technology, academia, sports, industry, politics, science, business, literature, and the arts have been noticeably influenced by the work of the Indian diaspora in the UK. Grant Thornton published a report in 2020 entitled “India in the UK: The diaspora effect.” This report was in collaboration with the High Commission of India in the UK and the Federation of Indian Chambers of Commerce & Industry (FICCI). The report attempts to quantify the economic impact of the Indian diaspora in the UK. In this article, we cover the main areas of contribution outlined by the report.

Aruna Luthra

· 7,351 views

Want to read more?

Get ready to be enlightened!

    Copy link
    CopyCopied
    Powered by Social Snap