Blog - Advisors India

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3.5% remittance tax: Sending money from US to India to upset many; here’s what NRIs can do to save tax on remittances

An upcoming US bill imposes a 3.5% tax on remittances sent by non-citizens, impacting Indians who are a significant portion of the US immigrant population. This tax, aimed at protecting US dollar outflow, may affect investments and corporate mobility programs.…

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JSW poised to acquire Akzo Nobel India for $1.1 billion

JSW Paints is poised to acquire Akzo Nobel India, valuing Akzo Nobel NV’s stake at approximately Rs 9,000 crore. This acquisition will position JSW Paints as a significant player in both the decorative and industrial paints sectors in India. The…

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Rupee may see gradual gains on dollar weakness, capital inflows: Forecasters

Bank of America revised its year-end forecast to 84 per dollar, up from 87 earlier, while MUFG, ANZ, and Goldman Sachs have made similar upgrades, projecting a stronger rupee by December.

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Why US banks are exploring joint stablecoin venture to enter crypto market

The planned initiative, still in its exploratory phase, represents a coordinated move by regulated financial institutions to create a blockchain-based digital dollar.

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India becomes world’s fourth largest economy, overtaking Japan: NITI Aayog CEO

NITI Aayog CEO B V R Subrahmanyam announced that India has surpassed Japan to become the world’s fourth-largest economy, boasting a USD 4 trillion economy. Citing IMF data, he expressed confidence that India could become the third-largest economy in 2.5-3…

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NSE IPO awaits SEBI’s nod: All you want to know about India’s most valuable unlisted company

The National Stock Exchange’s IPO is nearing approval from Sebi. NSE, valued at Rs 4.7 lakh crore in 2024, dominates India’s stock market and boasts over 1 lakh shareholders, making it the most broadly held unlisted company.

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Canara Bank hikes MCLR rate by 5 bps — Here's a look at how this impacts your auto, home and personal loan repayments
Public sector lender Canara Bank on Tuesday (12 May) hiked its MCLR rates by 5 bps. We explore how this increase will likely impact borrowers' repayments for car loans, home loans and personal loans.
PPF extension vs phased withdrawals: What should investors choose after account maturity?
After a PPF account matures, investors can withdraw the corpus, extend it for five years, or make phased withdrawals. Choices depend on financial goals and liquidity needs. Details here.
8th Pay Commission latest updates: 5 key developments on meetings, fitment factor and salary revision
8th Pay Commission consultations are gaining pace, with stakeholder meetings, regional visits, and an extension of the memorandum deadline, as central government employees and pensioners await updates on salary and pension revisions. 
Did your elderly parent become victim of cyber fraud? From saving proof to filing FIR, here’s what you should do next
To file an FIR for a cybercrime involving elderly parents or family members, swift evidence collection, online fraud reporting and bank notification are crucial. Quick action will help minimise financial losses and protect the victim's rights. 
8th central pay commission: Why are staff representatives demanding expansion of family units from 3 to 5, explained
The NC-JCM, led by Shiv Gopal Mishra, submitted a 51-page memorandum to the 8th CPC, proposing salary hike, increased minimum pay and expansion of family units for salary calculations from 3 to 5 to reflect current realities.
Pension amount for elderly, widows under NSAP unchanged since 2012; inflation makes it worse
When adjusted to the current Consumer Price Index (CPI), a pension of ₹200 should cost ₹353 to retain its original purchasing power.
Bank FD vs SCSS: Which investment gives better returns over 5 years?
SCSS vs FD comparison highlights higher assured returns from government-backed schemes than bank fixed deposits over five years, with SCSS offering superior maturity value alongside FD flexibility for investors. 
What happens if you don’t extend SCSS tenure? Rules, interest and withdrawal explained
The Senior Citizens' Savings Scheme (SCSS) offers investment options for individuals aged 60 and above, with quarterly interest payments. It has a five-year maturity period and allows extensions. Here's what happens if you extend the tenure.
Dearness Allowance: Indian Railways hikes DA for employees by 2% effective from 1 January — Here's all you need to know
Dearness Allowance: After the Finance Ministry and IBA, the Indian Railways has also hiked the DA component of employees' salaries by 2%, from 58% to 60%, with effect from 1 January 2026. Here's all you need to know.
How can NRIs simplify investing between India and their country of residence?
From NRE vs NRO confusion to tax treaties and GIFT City access, here’s a practical roadmap for NRIs to simplify cross-border investing and build one coherent global financial strategy.