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NON RESIDENT INDIAN (NRI) …. Let’s talk about you and India. Are you an NRI? The answer is YES, if you are an Indian citizen having an Indian passport and is staying out of India. Whatever reasons being it a job or business or education or even for any other reason you have to stay out of India for more than 6 months, then according to definition of NRI you can be categorized as a Non Resident Indian or an NRI. Ok that’s great, but what if I am not holding an Indian passport, but my father or mother is? No worries, then you become a Person of Indian Origin (PIO). If any of your ancestor was an Indian citizen by virtue of the Citizenship Act of 1955, and you have the document to prove it then you can be issued a PIO card. Your grandfather or great grandfather (not being a citizen of Pakistan/ Bangladesh / Sri Lanka / Afghanistan/ China / Iran / Nepal or Bhutan) but has Indian origins then you are entitled to a PIO card. A PIO card holder does not need to have a visa to enter...

Thinking about making funds for future expenditures? Searching for a plan which will give you benefiting return? Let me tell you one of the popular plans in recent market. Systematic Investment Plan (SIP)  has gathered a lot of attraction and there are some justified reasons behind it. It is a financial plan that helps you to create wealth, by investing small amounts of money every month, over a period of time. A Systematic Investment Plan (SIP) is a vehicle offered by  mutual funds   to help investors invest regularly in a disciplined manner, through small and periodic installments. These two are simple Mantras for SIP  – Early start  : The earlier you start investing in SIP, the more you will get at the end of your plan! Regular Investments  :  Invest regularly in order to reap the benefits of SIP!! You can know more about SIP in  here . So now the question arrives, Read More :  How to successfully plan your retireme...

How many years left before your retirement?? If you have more than 30 years, start saving now!! If you have less than 30 years, start saving even more!! Retirement planning  is important for everyone’s life as all of us won’t get pension.  After so long period of service, retirement gives you enough time to rejoice your life. So don’t let money become a barrier between you and your fun plans after retirement. There are mainly two kinds of planning we all do for retirement. These two are – 1. Personal planning :   Sometimes we are forced by our circumstances and helplessly change our mind from what we want to do and start doing what is needed and demanded by situations. In cases like those we only can follow our true passion after retirement. Some people want to start their own business, some people want to join some volunteer role in different kind of schools or NGO, want to learn some different language or travelling around the world. Saving up fo...