Author: Karthik
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CAD to INR Forecast | Inside Look At The Canadian Dollar Forecast
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Overview The Canadian dollar, sometimes referred to as the “loonie” due to the loon on its popular one-dollar coin, has a history beginning in 1871 when it replaced a variety of local currencies. It has come a long way from the time it was backed by gold to its floating exchange rate system in 1950.…
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AED to INR Forecast: Expert Predictions and Insights for the UAE Dirham
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The economic story of UAE was one that kept on changing direction, eventually resting on this very currency known as UAE dirham. The various emirates prior to 1966 utilized the Gulf rupee, linked to the Indian rupee. However, since the devaluation of this, the Gulf rupee in 1966, most of the emirates replaced it with…
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Factors Affecting The Economic Outlook of Euro (European Union)
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The European Union achieved the introduction of the euro currency on January 1, 1999. This had been a long-term objective since the Maastricht Treaty in 1993, which had sought to establish an Economic and Monetary Union by 1999, excluding the UK and Denmark. In practice, the euro notes and coins began circulating in 2002 and…
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The Top Ways to Transfer Money from India to Canada Without Paying Tax
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So, are you ready to send money to Canada? The whole concept of LRS has made it easy to send money overseas. You have a limit of $250,000 per year to help your family, pay for your child’s education, or just invest in an international market. For a smooth, tax-efficient process, avail services from authorized…
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Expert Tips for Successful Tax-Free Money Transfers from India to New Zealand
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In today’s connected world, sending money internationally has become a day-to-day affair. If one plans well in advance, stays on top of the prevailing law, and selects appropriate services, then transferring funds from India to New Zealand without incurring excessive taxes is very possible. The following blog details what an expert would have to say…
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Exploring the Top Banks for International Education Loans
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It is a life-changing journey for the opening of new cultures, top-notch education systems, and exciting global career prospects. But, with most countries increasing in tuition costs and livelihoods, the sound of it makes it unreachable. Thankfully, if you’re an aspiring student in India, well, there’s a silver lining, as many banks will help in…
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The Best Ways to Transfer Money from India to Europe Without Paying Taxes
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Transacting money from India to Europe can be seamless and less costly, provided one knows the right strategies and tools. On the other hand, taxes, exchange rates, and compliance issues with regulations such as LRS, and reporting requirements in Europe may confuse the transaction. This guide will walk you through some tax-free strategies, compliance tips,…
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From Rupees to Pounds: How to Transfer Money Tax-Free from India to the UK
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While sending money internationally has become easier, it always pays to know the tax implications and limits of the amount that one is allowed to do under the guidelines of the RBI. Here’s a practical guide to help you make transfers to the UK cost-effective and legally optimized under the Liberalized Remittance Scheme. Know Your…
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Tax-Free Transfers: Sending Money from India to Australia
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Introduction: The Global Need for Seamless Money Transfers In today’s world, where everything is connected, international money transfers for education, family support, and investment have emerged as or become very crucial. This is very relevant for people in India who wish to transfer funds to Australia. It is an utmost necessity for the sender to…