Business

Know Everything About RFC Account: Features and How to Open?

While Resident Indians cannot keep foreign currency generally and beyond the limits specified under the Reserve Bank of India (RBI) regulations, RBI allows eligible individuals to hold RFC accounts. Here are the salient features of such accounts: Eligibility – An RFC (Resident Foreign Currency) account can be opened by any resident individual of Indian nationality or […]

Business

SMSF Setup? Here’s A Few Things To Consider Before You Are Done

SMSF is simply a private account or fund that is operated and created so that the members can reap benefits after retirement. If you choose to set up one of these trusts and also become a trustee, there are some basic responsibilities that you become entitled to. Two of the most important ones include: Finalizing […]