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EDUCATION LOAN AND FOREX
The hidden financial curriculum of studying abroadIndian families often overlook financial planning while preparing for overseas education, despite its high cost. Early forex planning, comp...- These 7 banking stocks have an upside potential of up to 25% in 1 year, according to analystsLet us assume FPI buying continues. That last month was not a one-off, but the start of a trend. If so, then sooner or later this money wil...
- The modern odyssey of studying abroad: Why parents need a CFO's mindsetIndian parents now manage multi-year budgets for overseas education expenses. They meticulously track currency exchange rates and various a...
- These 7 private and public banking stocks have an upside of up to 29% in one year, according to analystsBroadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be some difference because of the foc...
- These 9 banking stocks have an upside potential of up to 27% in 1 year, according to analystsWe live in a world where one statement or one missile can cause crude oil prices to spike. In such times, expecting rational behaviour in t...
- These 9 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIt is always important to make a distinction between sentiment and real business. While sentiment can impact prices in the short term, it i...
- Stuck in acres of mediocre: External shocks expose India's slide into middle-income stagnationIndia's economy is experiencing a slowdown. High growth and low inflation mask underlying issues of weak demand and poor productivity. This...
- Can you fulfil your study abroad dream without going broke? Here are 7 ways to minimise costsStudying abroad involves more than just academic merit; it's a significant financial investment. Indian students often underestimate hidden...
- TCS on credit card and forex card under RBI LRS lacks parity: What experts suggest Budget 2026 do?Foreign spending by Indians faces a tax anomaly. While forex and debit cards incur Tax Collected at Source (TCS) under LRS, international c...
- Sending money from India? Here’s how same-day international money transfers for education can reach universities in as little as 6 hoursThis online platform now offers same-day international money transfers for overseas education payments, a significant improvement over prev...
- Rupee depreciation and its impact on study abroad: What Indian students need to knowDespite the Indian Rupee's recent depreciation against the US Dollar, student ambition for international education remains strong. A margin...
- Parents don Forex trader hats to foot tuition bills abroadAs the rupee weakens against major currencies, Indian parents are becoming part-time currency traders to manage rising education costs abro...
- International students losing money abroad due to forex gaps: ReportThe United States saw a record 1.1 million international students in 2024. These students contribute significantly to the US economy. Many ...
- TCS on foreign remittance limit hiked from Rs 7 lakh: Check the new limit announced in Budget 2025TCS Limit in Budget 2025: FM proposes to hike the TCS limit to Rs 10 lakh from Rs 7 lakh currently. The TCS is applicable to the outward fo...
- TCS paid on foreign remittances, purchase of car can be used to lower TDS on salaryTCS on Foreign remittances: Budget 2023 raised TCS on most foreign remittances under LRS to 20%. The initial implementation was met with cr...
- New TCS rules have kicked in: Here's what gets costlier and what remains sameStarting October 1, 2023, new tax collection at source (TCS) rates will affect various financial transactions, such as international travel...
- Sending money abroad for education? Pay 20% TCS from July 1 if you don't do thisBudget 2023 raised the Tax Collection at Source (TCS) rate for foreign remittances under the Liberalised Remittance Scheme (LRS) from 5 per...
- CIFL infuses $25 million in debt, equity into education loan-focused CredencThe statement, however, did not specify the split between debt and equity in the USD 25 million investment as also the current size of Cred...
- Edutech startup Leverage raises seed fundingThe five-month-old Delhi-headquartered company, which operates in the higher education space, runs a career assessment and mentorship progr...
- Smart things to know about sources of income for a bankInterest received on various loans and advances to industries, corporates and individuals is bank's main source of income.
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