Nri Day Quotes

While the payment in foreign currency can be credited in an EEFC account, it should be converted into INR on or before the last day of the next month after adjusting for approved purposes and forward commitments.

Actually, if TDS is applicable, payment cannot be made to the income earner without deducting the TDS amount at the applicable rates. Further, TDS needs to be deposited within 7 days after the month in which it is deducted.

A wannabe small town girl comes to a big city chasing her dreams where she meets her charming prince; they fall in love, stay together and make love every day, almost. But they don’t live happily thereafter because her grandpa wants to see her get married. *Conditions Apply- Same caste, NRI, rich, dumb and asshole.

Ms. Khushbu from UAE has an equivalent to Rs. 10,000,000 with her bank in Dubai that she wants to invest in India. However, she may not pay Rs. 1,000 to a consultant, who can save her 5 days. Assuming a 9% return, Ms. Khusbu may not recognize that she is losing Rs. 2,466 EVERY DAY for late investments and that saving of 5 days for Rs. 1,000 is a no-brainer.

The NAV is generally calculated on a daily basis, reflecting the combined market value of all the investments held by a fund after adjusting for the expense ratio on any particular day.

Liquidity: Open ended MFs are highly liquid and can be redeemed at the NAV rates anytime, subject to the exit load. The redemption amount can be credited in your bank on the next day or within 2 business days.

Be patriotic everyday not just a day