2nd October Gandhi Jayanti: How Mahatma Gandhi Became the Most Revered NRI

 Gandhi Jayanti is celebrated every year to honor Mahatma Gandhi’s birthday. Gandhi is a major inspiration for people everywhere. He is a legend because he accomplished a seemingly impossible task. He brought freedom to his country by using nonviolent methods. This set an example for other countries and changed history in innumerable ways. Today we honor the memory of Mahatma Gandhi and take a close look at the events that shaped his life and incredible work.

Aruna Luthra

· 4,821 views

NRE or NRO for Mutual Funds: Which Account should NRIs Use?

 Although NRIs can invest in mutual funds in India, AMCs in India don’t accept investments in any other currency except the INR. NRI investors need to open any of the 3 accounts - NRE, NRO and FCNR accounts - to make investment in mutual funds. NRIs and OCIs can invest in mutual funds in India on a repatriation and non-repatriation basis. Non-Resident Indians usually have both NRE and NRO bank accounts. However the question arises which one is the most suitable bank account i.e. NRE or NRO for mutual funds in India?

Manoj Negi

· 12,663 views

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