Want to invest in foreign stocks? Keep in mind the added costs and hassle.

Want to invest in foreign stocks? Keep in mind the added costs and hassle.

Investing in overseas markets is a great way of diversifying your portfolio. By spreading investments across countries, you can mitigate risks associated with domestic market concentration and benefit from growth opportunities in different regions. It also allows you to tap sectors and industries that may not be well-represented in India, making for a more balanced … Read more

Credit card spend overseas to be included in the LRS limit? Here are key things you should know

Credit card spend overseas to be included in the LRS limit? Here are key things you should know

Spending money overseas through credit card does not come under the liberalised remittance scheme limit yet, but it may change in the near future. And if it does, credit card users may have to cough up 20 percent tax collection at source (TCS). As per a media report published recently, bringing credit card spend under the … Read more