Finance

Real life experience and money saving tips about home loan, personal finance, credit cards and things that bank would not tell you.

Registered power of attorney for property management in India

Registered Power of Attorney In India – NRI – Possession of Property

 23 Apr, 19 

Registered power of Attorney In India required if you are NRI with Indian Embassy attestation. Sample POA template to register in SDM or registrar office.

547 Finance USA
Cost of sending iphone to India from USA

Custom Duty on iPhone to India from USA 2019 – GST Tax Calculator

 19 Apr, 19 

Sending phone to India is expensive (custom duty + GST Tax) than buying in India. Mark as Gift does not help. Carrying and not declaring at Indian airport custom evades duty but not safe.

413 Finance USA
How much loan can I get on my salary in India

How much Loan can I get on my Salary in India?

 15 Apr, 19 

Home loan eligibility is 60 times net monthly salary with wife/parent as co-applicant. Credit card balance deducted. Bank gives 90% of home white money cost.

239 Finance

How to file US Tax on NRE Interest 1099-INT

 12 Apr, 19 

File NRE account interest in USA tax return. Exchange rate for USD conversion by IRS. 1099-INT is not given by Indian bank. NRE NRO FD interest is taxable.

136 Finance India USA
sbi maxgain home loan account helps earn more interest than savings account if you plan carefuly

SBI Maxgain Home Loan Account – Park Money – Higher Savings

 1 Apr, 19 

SBI maxgain home loan account - set off high loan interest outgo tax free. Surplus amount withdrawal allowed after possession, full disbursement of loan.

281 Finance

Unspent Per Diem is Taxable In India if brought back as cash

 23 Mar, 19 

Unspent per diem is taxable in India if brought back and declared in ITR. Only business expenses allowed. Buy laptop, mobile, garment with cash to avoid tax.

161 Finance