‘Money’ Archives
401(K) and IRA – should expats invest in retirement plans?
Many overseas Indians and expats settled in the United States of America face a common dilemma – should they invest in a 401(K) plan or an IRA (Individual Retirement Account). The confusion is more prominent among non-US citizens or those without permanent residence [Read More]
Kotak Mahindra launches NRI banking with Scotiabank
Indians moving to Canada can now experience NRI banking services with another trusted Indian banking brand. For new immigrants, or international students, the latest alliance of Kotak Mahindra Bank with Canada’s Scotiabank opens the doors for financial services at a [Read More]
NRI income tax return: deemed rent
NRIs (Non Resident Indians) investing in real estate in India get excited about high returns on property, but don’t consider the NRI Income Tax rules. Filing tax returns are a priority now that the due date for the year 2011-12 is close. NRI Income Tax rules has some [Read More]
India a promising market for exporting polymers – report
India’s polymer industry, while growing, still has vast untapped potential, according an industry report. India consumes only 7.4kg of polymer per person every year, much lower than the United States which uses more than 100kg per person annually. Global average is [Read More]
How to repair bad credit rating
Credit cards with bad credit rating often cause financial distress, and they often search for credit cards for people with bad credit rating. They are attracted to advertisements that promise ‘no credit check credit cards’. People with bad credit rating are [Read More]
Should I fix my mortgage or keep it floating?
Should I fix my mortgage or keep it floating? Or should I stay with my bank or switch? With ever changing home loan market, finding the most suitable and accurate information from an unbiased source about home loan is very difficult. It gets more confusing when you visit [Read More]
NZ needs to move beyond students, soldiers in Southeast Asia – report
Southeast Asia is familiar territory for New Zealand: it educated its elite and defended its shores. However, New Zealand needs to move beyond students and soldiers in Southeast Asia and with ASeAN, says a report. New Zealand needs to boost its relationship with [Read More]
eBay to hire 1000 staff in India
In what could be seen as a good news for IT skilled staff, eBay Inc. announced plans to hire up to 1,000 technologists over the next three years. The world’s largest online marketplace is expected to set up a development centre in India’s software city of [Read More]
Unregistered migration agent fined
An Australian citizen has been fined $12,000 by a Perth court for providing immigration assistance while not a registered migration agent. The Department of Immigration and Citizenship (DIAC) says the sentence sends a strong warning that illegal operators in the migration [Read More]
Sponsored child embarks on brighter future
A LinkedIn search for her name brings up a profile that describes Esther as senior associate at Ernst & Young, a global professional services firm. This may not strike as a major achievement for a 25-year old until you learn that Esther could have been one of the [Read More]
