Category: Finance
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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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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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10 Things You Must Know About Intermediary Bank Fee in International Money Transfers
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Understanding the true cost of sending money internationally begins with one often underestimated detail: the intermediary bank fee in international money transfers. Whether you’re paying tuition abroad, supporting family, or handling business expenses, these hidden charges can eat into your funds. This guide will unpack what these fees are, why they matter, how they’re calculated,…
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7 Essential Facts to Activate HDFC Debit & Credit Cards for International Payments
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Planning a trip abroad, shopping from global brands, or covering your child’s university fees overseas? With just a few quick steps, you can activate HDFC debit & credit cards for international payments and spend freely anywhere in the world. No currency stress. No card declines. Just smooth, secure international transactions whenever you need them. Not…
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Definitive 2025 Guide to Enable International Payments on SBI Cards
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So, you’ve got an SBI card in your wallet, and now you’re ready to shop from an international website, book your dream trip, or maybe even pay your university abroad. But hold on, your card’s not working outside India? That’s because you need to enable international payments on SBI cards first. Don’t worry, though. It’s…
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How to Use Flywire Education Payment in 2025 from India: The Complete Student Guide
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Paying university fees abroad is one of the most important steps in a student’s international education journey. Yet, it is also one of the most stressful. Delays, unclear timelines, fluctuating exchange rates, and unexpected charges often make it difficult for Indian students and parents to feel secure about their payments. In 2025, Flywire Education Payment…