Understanding Lost Credit Card Liability: An Essential Guide In an increasingly digital world, the loss of a credit card continues to be a pressing concern for many. Have you ever wondered what to do if you lost your credit card and noticed unauthorized transactions before you could report it? This guide aims to shed light on the concept of lost card liability and equip you with the knowledge to handle such scenarios effectively. What is […]

Analyzing Income Tax Trends through Diverse Lenses: Social Media Insights and High-profile Taxpayers Surprising Tax Contributions by Everyday Professionals A scenario on social media recently brought to light the evolving landscape of income tax payments in India. A 19-year-old user was astonished to discover that a cab driver had paid ₹20 lakh in taxes last year. This revelation sparked curiosity about whether such significant tax contributions have become more common among professionals in various fields. […]

Comprehensive Guide to RBI’s Liberalised Remittance Scheme (LRS) The Reserve Bank of India’s (RBI) Liberalised Remittance Scheme (LRS) permits resident Indians to remit funds abroad for diverse purposes. This guide delves into the numerous aspects of the scheme, providing you with a clear understanding of its applicability and limitations. Investment Opportunities Under LRS, resident Indians can invest in various international avenues: Listed Foreign Securities: Equity and debt, including mutual funds, exchange-traded funds (ETFs), and venture […]

SEBI Proposes New Rules for Financial Market Data Sharing: A Comprehensive Overview In an ever-evolving financial landscape, the Securities and Exchange Board of India (SEBI) has proposed new draft rules aimed at standardizing the policy for sharing financial market data with research institutions, analysts, and other stakeholders. These regulations are pivotal for ensuring seamless access to accurate and comprehensive market data, fostering innovation, and empowering stakeholders with the information they need. Background and Need for […]

Zerodha Makes Investment Advisory Certification Mandatory for Finfluencers Empowering Businesses to Navigate Financial Compliance Zerodha Broking Ltd has set a new standard for Authorized Persons (APs) by requiring them to clear the first level of the investment advisory certification, NISM Series X-A. This certification is aimed at candidates aspiring to become Registered Investment Advisors (RIAs). Key Certification Requirements NISM Series X-A: The first level of certification that APs must clear. NISM Series X-B: The second […]