Author: Karthik
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Monthly vs Lump Sum Gift Remittances – Which Works Better for Families (2025)
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Families often debate whether monthly vs lump sum gift remittances make more sense. A single transfer usually cuts down on repeated bank fees, while monthly payments spread out exchange rate risk and match routine expenses abroad. The smarter choice depends on whether cost savings or steady cash flow matters more for the family. What This…
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Understanding TCS on Gift Remittances in India 2025: Rules, Thresholds, and Refund Process
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Sending money abroad as a gift is one of the most heartfelt ways to support family members or celebrate special occasions. With new regulations now in place, it is important to understand how TCS on gift remittances works under the RBI’s Liberalized Remittance Scheme (LRS). From 1 April 2025, gift remittances fall under Section 206C(1G)…
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Gifting Money Abroad vs. Carrying Cash: Which Is Better in 2025?
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Sending money overseas as a gift has become common, whether for family, friends, or special occasions. Yet one question keeps coming up: is it better to carry physical cash yourself or send it through a regulated transfer? At first, carrying cash seems simple: just withdraw, pack, and hand over. But once you factor in border…
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Gift Remittance Limits Under LRS: How Much Can You Send in 2025?
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Imagine this: your daughter is in London, and her birthday is coming up. You want to send her a little financial surprise. Or maybe your brother just moved to Canada, and you’d like to support him as he settles in. Naturally, the first question that pops up is, what are the Gift Remittance Limits Under…
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Cost of Living for International Students in Toronto (2025 Budget Guide)
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Thinking about making Toronto your study destination? You’re in for a treat. This city buzzes with energy; it’s diverse, full of culture, and home to some top-tier universities. But here’s the catch: Toronto is also one of Canada’s priciest places to live. If you’re heading here as an international student, understanding the cost of living…
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Making UPI Payments for Foreigners in India: The Complete 2025 Guide
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India’s digital payment system has evolved rapidly, and in 2025, it has become more inclusive than ever. Making UPI payments for foreigners in India is now a practical reality, empowering international students, NRIs, tourists, and foreign professionals to navigate daily transactions with ease. This comprehensive guide will walk you through everything you need to know,…
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SBI NRI Account Opening in the UAE: A Complete Guide for 2025
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The demand for SBI NRI account opening in the UAE continues to surge as Indian expatriates seek secure, regulated, and seamless banking relationships with their home country. With over 3.5 million Indians living in the Emirates, this guide is your definitive resource to understand how to open and manage an SBI NRI account right from…
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Cost of Living for International Students in Berlin: 2025 Complete Guide
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What is the cost of living for international students in Berlin? Yeah, it’s huge to know before you even start packing. Berlin’s become one of those spots that’s not only exciting but actually makes sense for students from India and all over. Great universities, a vibrant mix of cultures, and a lifestyle that’s way easier…
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The Ultimate Guide: How Much Money You Can Carry to Study Abroad in 2025
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Planning to study abroad and unsure about how to manage your finances from day one? Understanding how much money you can carry to study abroad is a crucial first step. This comprehensive and up-to-date guide walks you through the financial regulations, documentation requirements, and best practices every international student should know before departure. It also…