Category: Education

  • Foreign Remittance Tax: Understanding Tax Implications for International Money Transfers

    Foreign Remittance Tax: Understanding Tax Implications for International Money Transfers

    In this era of global village, people frequently send international money transfers to support their families, fund education, or execute business deals. International money transfer sounds great, but unfortunately, less glamorous is the regularity that comes with taxes on such international transactions. Indeed, because recent changes in those tax laws leave most people scratching their…

  • How to Avoid Common Mistakes in International Money Transfers: A Guide for Students

    How to Avoid Common Mistakes in International Money Transfers: A Guide for Students

    Overseas education is exciting, and it is a dream for many to study in a foreign country; however, handling money, especially when remitting it, may not be quite easy. It can range from tuition fees to living costs, issues related to international transfer fees, variations in exchange rates and sometimes even delays. Being aware of…

  • How to Withdraw Money from Your Forex Card: The Ultimate Guide

    How to Withdraw Money from Your Forex Card: The Ultimate Guide

    Planning a trip abroad? Awesome! Though it is a good idea, it is quite a challenge to deal with foreign currencies. Is it appropriate to carry bulky cash around? Or just trust the sketchy money changers? The forex card is a boon for world travelers. But can you really use it to get your hands…

  • 3 Behavioural Economics Themes Shaping Forex Rates

    3 Behavioural Economics Themes Shaping Forex Rates

    Have you ever had the impression that trading in the forex market could turn into a rollercoaster? It has nothing to do with monitoring funds’ interest rates, inflation, or events that stir up currency transformations. The second side towards it is more of our own perceiving and experiencing of reality. This is where behavioral economics…

  • The Impact of Balance of Payment on Exchange Rate Fluctuations

    The Impact of Balance of Payment on Exchange Rate Fluctuations

    BoP assumes utmost significance in the balance of India’s total economic transactions with the rest of the world and hence has to explain how the exchange rate fluctuation dynamics are taking place. Steered by the Reserve Bank of India, foreign exchange reserves are being proactively managed to keep the rupee steady amidst global economic uncertainties.…

  • Understanding the Role of RBI in India’s Foreign Exchange Market

    Understanding the Role of RBI in India’s Foreign Exchange Market

    Central banks form the most integral part of setting the economic landscape for any country. One of the most important roles they perform is to get involved in Forex markets, in the case of India, which is done through the Reserve Bank of India. It guides the value of the Indian Rupee to be stable…

  • Decoding Expenses: Singapore Study Visa Charges in Indian Rupees

    Decoding Expenses: Singapore Study Visa Charges in Indian Rupees

    Overview Entering college life in Singapore will be an amazing adventure as soon as you realize its advanced system of education, rich and varied cultural life, and a series of job opportunities that await you. However, before you enter this dynamic island state, you have to bear in mind the ins and outs of finances…

  • How To Transfer Money From Forex Card To A Bank Account

    How To Transfer Money From Forex Card To A Bank Account

    With globalization, effective money management across borders has become important for people who travel, study, and work abroad. A Forex card loaded with foreign currency really comes as an aid, as it is easy to use for transactions across countries without hassle. However, most people are unable to manage the funds left on their cards…