Probate No Longer Mandatory in India: Recent Update in Succession Laws
Probate No Longer Mandatory in India: Succession Law Explained In a significant move towards simplifying inheritance and estate administration in India, the Government has removed the mandatory probate requirement under the Indian Succession Act, 1925. This change, introduced through the Repealing and Amending Bill, 2025, marks an important reform in succession laws and will materially […]
When Should You Use Emergency Fund? The TRUE Test Explained
When Should You Use Emergency Fund? The TRUE Test Explained Setting up an emergency fund is the first and most important step in any financial planning process. It acts as a financial shock absorber, protecting you from unexpected events without forcing you into debt or disrupting long-term investments. However, in practice, emergency funds are often […]
SEBI Eases Re KYC Rules for NRIs
SEBI Eases Re KYC Rules for NRIs SEBI has relaxed the India-location requirement for NRIs completing re KYC, allowing digital verification from overseas. This change removes a major compliance hurdle and makes investment account maintenance significantly easier for NRIs. What Was the Challenge for NRIs For many years, NRIs have faced difficulties when updating their […]
MF Central: Complete Guide for Mutual Fund Investors in India
MF Central: Complete Guide for Mutual Fund Investors in India In today’s digital age, managing multiple mutual fund investments across different Asset anagement Companies (AMCs) can become complicated. To solve this problem, the mutual fund industry launched MF Central, a centralized mutual fund platform in India. Developed jointly by CAMS and KFintech, MF Central allows […]
How to Increase Your Credit Score?
How to Increase Your Credit Score? A credit score—also known as a CIBIL score or credit rating—is like your financial report card. It shows how well you manage borrowed money. Just like good grades open doors, a good credit score opens doors to lower interest rates on home loans, personal loans and better benefits on […]
Are you paying more tax on your NRO account interest in India? – old
Are you paying more tax on your NRO account interest in India? If you are a Non-Resident Indian (NRI) and have an NRO account in India, you might be paying 30% tax on the interest earned. This is due to TDS (tax deducted at source) deducted by banks. However, if your total taxable income in […]
NRE, NRO, FCNR Accounts Made Simple for NRIs
NRE, NRO, FCNR Accounts Made Simple for NRIs If you are an Indian living abroad, you might still want to send money to your family in India, save for the future, or invest back home. To do that, Indian banks offer special types of accounts that are made just for NRIs. But not all accounts […]
List of Mutual Funds managed by CAMS and KFinTech
List of Mutual Funds managed by CAMS and KFinTech Mutual Fund Registrars, also known as Registrar and Transfer Agents (RTAs) plays a crucial role in the mutual fund ecosystem. They help in transaction processing, record maintenance, customer support and many other things. Mutual Funds listing by RTAs It is important to know which registrar manages […]
Understanding Mutual Fund Registrars in India
Understanding Mutual Fund Registrars in India When investing in mutual funds, most investors focus on fund houses, schemes, and returns. But behind the scenes, there are key entities that ensure the smooth functioning of these investments — one of them being Mutual Fund Registrars. Also known as Registrar and Transfer Agents (RTAs), they play a […]
New Tax Regime, Extra Cash: Here’s How to Use It Wisely
New Tax Regime, Extra Cash: Here’s How to Use It Wisely With the new tax regime, individuals earning a taxable annual income of Rs 25 Lakhs or more can save up to Rs. 2,32,500, translating to an extra monthly amount of around Rs. 19,000. The question arises, how can you make the most of this […]
