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IMPORTANCE OF MAKING A WILL

IMPORTANCE OF MAKING A WILL

A valid Will under Indian Succession Act should be made in respect of his/her assets.

👉 Please find the below link for the above topic.

For further details feel free to contact us.

Ashutosh Financial Services Pvt. Ltd.

  • Investments •Insurance •NRI Services •Income Tax & Estate Planning

www.ashutoshfinserv.com

Mobile: +91 73835 30919 / 93773 35959

Email: vrm@ashutoshfinserv.com

Follow us using Ashutoshfinserv at Facebook, Instagram, YouTube, Twitter & Linkedin to receive all the latest information from finance world.

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Income Tax And Estate Planning Services View Blogs in English

FILING OF INDIAN INCOME TAX RETURN FOR RESIDENT INDIAN

➡️ Is it mandatory to file Income Tax Return ? It is mandatory to file Income Tax Return if: 1️⃣ The Income exceeds Rs. 2.5 lakhs during the year (before giving effect of deductions under Chapter VI-A and certain capital gains exemptions) 2️⃣ Following categories of persons irrespective of the income: ▪️ If you have assets outside India or ▪️ Deposited an amount exceeding Rs.1 crore in current account/s by any mode during the year or ▪️ The deposit in one or more savings bank account of the person, in aggregate, is rupees fifty lakh or more during the previous year or ▪️ If his total sales, turnover or gross receipts, as the case may be, in the business exceeds sixty lakh rupees during the previous year; or ▪️ If his total gross receipts in profession exceeds ten lakh rupees during the previous year; or ▪️ If the aggregate of tax deducted at source and tax collected at source during the previous year, in the case of the person, is twenty-five thousand rupees or more; or ▪️ Incurred electricity expenditure in aggregate exceeding Rs.1 lakh or ▪️ Incurred an expenditure exceeding Rs. 2 lakh on travel out of India from bank account/s for himself or any other person. 3️⃣ Any taxable capital gain realized (Irrespective of basic tax slab exemption i.e. 2.5L). In other cases, it is not mandatory to file an Income Tax Return. However, one may choose to voluntarily file it because of several advantages. ➡️ What are the advantages of voluntarily filing Income Tax Return? ▪️ Claiming refund of any taxes which have been withheld (TDS deducted). ▪️ Carry forward losses for claiming set-off against future year incomes. 👉 Please find the below link for the above topic. https://youtu.be/b9qZ26fiVao Contact us at the earliest to file your Income Tax Returns and become a compliant and proud Indian. Kothari & Co. A service of Ashutosh Financial Services Pvt. Ltd.
  • Investments •Insurance •NRI Services •Income Tax & Estate Planning
www.ashutoshfinserv.com Contact us on: Mo.: +91 93769 62244 / 70435 24242 E-mail: lawserve@ashutoshfinserv.com Follow us using Ashutoshfinserv at Facebook, Instagram, YouTube, Twitter & Linkedin to receive all the latest information from finance world.
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Investment Services View Blogs in English

MUTUAL FUNDS – SHORT VIDEO

What are Mutual Funds ? Why invest in Mutual Funds ? What are the types of Mutual Funds? What are the ways to invest in Mutual Funds ?  Why invest in Mutual Funds through ASHUTOSHFINSERV ? Short video on all the above questions YouTube link provided Ashutosh Financial Services Pvt. Ltd. www.ashutoshfinserv.com Mobile: +91 73835 30919 / 93773 35959 Email: vrm@ashutoshfinserv.com Follow us using Ashutoshfinserv at Facebook, Instagram, YouTube, Twitter & Linkedin to receive all the latest information from finance world.
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IMPORTANCE OF FINANCIAL PLANNING IN LIFE OF AN INDIVIDUAL – CELEBRATE LIFE WITH FINANCIAL FREEDOM

Lecture delivered by Mr. Jay Vasavada – Renowned columnist & orator on the above subject at an event organized by our company for Indian Medical Association Rajkot. 👉 Please find the below link for the above topic. https://fb.watch/dM488_E1OK/ Ashutosh Financial Services Pvt. Ltd.
  • Investments •Insurance •NRI Services •Income Tax & Estate Planning
www.ashutoshfinserv.com Mobile: +91 93773 35959 Email: relationship@ashutoshfinserv.com Follow us using Ashutoshfinserv at Facebook, Instagram, YouTube, Twitter & Linkedin to receive all the latest information from finance world.
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Investment Services View Blogs in English

SYSTEMATIC INVESTMENT PLAN (SIP) FOR INVESTING IN MUTUAL FUNDS – SHORT VIDEO

What is SIP ? Why SIP ? What is the process for starting SIP through ASHUTOSHFINSERV ? Short video on all the above questions YouTube link provided Ashutosh Financial Services Pvt. Ltd.
  • Investments •Insurance •NRI Services •Income Tax & Estate Planning
www.ashutoshfinserv.com Mobile: +91 73835 30919 / 93773 35959 Email: relationship@ashutoshfinserv.com Follow us using Ashutoshfinserv at Facebook, Instagram, YouTube, Twitter & Linkedin to receive all the latest information from finance world.
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NRI Services View Blogs in English

FILING OF INDIAN INCOME TAX RETURN FOR NON-RESIDENT INDIAN (NRI)

▪️ Is it mandatory for a NRI to file Income Tax Return in India ❓ ▪️ What are the conditions which makes it mandatory to file Income Tax Return in India ❓ ▪️ What are the advantages of filing Income Tax Return in India ❓ 👉 Please find the below link for the above topic. For further details feel free to contact us. Ashutosh NRI Services A service of Ashutosh Financial Services Pvt. Ltd. www.ashutoshfinserv.com Mobile: +91 72288 48181 / 96010 06464 Email: nris1@ashutoshfinserv.com Follow us using Ashutosh_NRI_Services at Facebook, Instagram, Youtube, Twitter & LinkedIn to receive all the latest information from finance world.
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View Blogs in English NRI Services

BASICS OF BANKING REGULATIONS WHICH ALL NRIs SHOULD KNOW

👉 Please find the below link for the above topic. For further details feel free to contact us. Ashutosh NRI Services A service of Ashutosh Financial Services Pvt. Ltd. www.ashutoshfinserv.com Mobile: +91 72288 48181 / 96010 06464 Email: nris1@ashutoshfinserv.com Follow us using Ashutosh_NRI_Services at Facebook, Instagram, Youtube, Twitter & LinkedIn to receive all the latest information from finance world.
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NRI Services View Blogs in English

Estate Planning For NRIs – WILL in respect to Indian Assets

A WILL valid under the Indian Succession Act should be made by NRIs in respect of their Indian Assets. 👉 Please find the below link for the above topic. For further details feel free to contact us. Ashutosh NRI Services A service of Ashutosh Financial Services Pvt. Ltd. www.ashutoshfinserv.com Mobile: +91 72288 48181 / 96010 06464 Email: nris1@ashutoshfinserv.com Follow us using Ashutosh_NRI_Services at Facebook, Instagram, Youtube, Twitter & LinkedIn to receive all the latest information from finance world.
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NRI Services View Blogs in English

Life insurance (Term Plan) for NRIs (Non-resident Indians) through which NRIs can get large amount of insurance from India at a very small premium.

Life insurance (Term Plan) for NRIs (Non-resident Indians) through which NRIs can get large amount of insurance from India at a very small premium. 👉 Please find the below link for the above topic. For further details feel free to contact us. Ashutosh NRI Services A service of Ashutosh Financial Services Pvt. Ltd. www.ashutoshfinserv.com Mobile: +91 72288 48181 Email: nris1@ashutoshfinserv.com Follow us using Ashutosh_NRI_Services at Facebook, Instagram, Youtube, Twitter & LinkedIn to receive all the latest information from finance world.
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NRI Services View Blogs in English

Beneficial provisions for NRI to avoid excess payment of taxes on sale of assets in India.

➡️ What are the Provisions under the Income Tax Act in regard to Tax Deduction at Source ( TDS) in respect of NRIs ❓ ➡️ How to ensure that right amount of tax is deducted at source so that NRIs need not to fall in the hassle of claiming refund ❓ 👉 Please find below the link on the above subject by Mr. Daxesh Kothari – Tax & Financial Consultant and MD & CEO of our company. For further details feel free to contact us Ashutosh NRI Services A service of Ashutosh Financial Services Pvt. Ltd. www.ashutoshfinserv.com Mobile: +91 72288 48181 / 96010 06464 Email: nris1@ashutoshfinserv.com Follow us using Ashutosh_NRI_Services at Facebook, Instagram, Youtube, Twitter & LinkedIn to receive all the latest information from finance world. Please forward this message to your friends, relatives and contacts who could be interested.
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NRI Services View Blogs in English

FILING OF INDIAN INCOME TAX RETURN FOR NON-RESIDENT INDIAN (NRI)

➡️ Is it mandatory for an NRI to file Income Tax Return in India ❓ It is mandatory for an NRI to file Income Tax Return in India if: 1️⃣ The Income exceeds Rs. 2.5 lakhs in India during the year (before giving effect of deductions under Chapter VI-A and certain capital gains exemptions) 2️⃣ Following categories of persons irrespective of the income: ▪️ Deposited an amount exceeding Rs.1 crore in current account/s by any mode during the year or ▪️ The deposit in one or more savings bank account of the person, in aggregate, is rupees fifty lakh or more during the previous year or ▪️ If his total sales, turnover or gross receipts, as the case may be, in the business exceeds sixty lakh rupees during the previous year; or ▪️ If his total gross receipts in profession exceeds ten lakh rupees during the previous year; or ▪️ If the aggregate of tax deducted at source and tax collected at source during the previous year, in the case of the person, is twenty-five thousand rupees or more; or ▪️ Incurred electricity expenditure in aggregate exceeding Rs.1 lakh or ▪️ Incurred an expenditure exceeding Rs. 2 lakh on travel out of India from Indian bank account/s for himself or any other person. 3️⃣ Any taxable capital gain realized in India (Irrespective of basic tax slab exemption i.e. 2.5L). In other cases, it is not mandatory for any NRI to file an Income Tax Return in India. However, one may choose to voluntarily file it because of several advantages. ➡️ What are the advantages of voluntarily filing Income Tax Return for an NRI? ▪️ Claiming refund of any taxes which have been withheld (TDS deducted). ▪️ Carry forward losses for claiming set-off against future year incomes. ▪️ Obtaining credit of income taxes paid in India against taxes payable in the country of tax residence (where the NRI resides) as per the Double Taxation Avoidance Agreement (DTAA). ➡️ What are the due dates of filing Income Tax Return in India for an NRI? For Financial Year 2021-22 ended on 31st March, 2022, the last date of filing Income Tax Returns is 31st July, 2022. Contact us at the earliest to file your Income Tax Returns and become a compliant and proud Indian. For further details, contact us: Ashutosh NRI Services A service of Ashutosh Financial Services Pvt. Ltd. Mobile: +91 72288 48181 / 96010 06464 Email: nris1@ashutoshfinserv.com Follow us using Ashutoshfinserv at Facebook, Instagram, Youtube, Twitter & LinkedIn to receive all the latest information from finance world. We invite NRIs to become our REFERRAL PARTNERS for promoting NRI Services globally with attractive terms. Please forward this message to your friends, relatives and contacts who could be interested.
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US Green Card holders who stays in India for a large part of year makes them Tax Resident of two different countries and are liable to Income Tax in both the jurisdiction…..is there a way out ?…DTAA (Double Taxation Avoidance Agreement)

➡️ There are taxation laws of different countries applicable to a person on account of his residential status in different countries. ➡️ What are the provisions to claim the relief under the DTAA ❓ ➡️ What are the formalities or compliances to be done in order to claim the relief under DTAA ❓ 👉 Please find below the link on the above subject by Mr. Daxesh Kothari – Tax & Financial Consultant and MD & CEO of our company. For further details feel free to contact us Ashutosh NRI Services A service of Ashutosh Financial Services Pvt. Ltd. www.ashutoshfinserv.com Mobile: +91 72288 48181 Email: nris1@ashutoshfinserv.com Follow us using Ashutosh_NRI_Services at Facebook, Instagram, Youtube, Twitter & LinkedIn to receive all the latest information from finance world. Please forward this message to your friends, relatives and contacts who could be interested.
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NRI Services View Blogs in English

Taxation Benefits for NRIs under Double Taxation Avoidance Agreement(DTAA)

➡️ It is important for NRIs to understand how their incomes would be taxed in the country where they are tax residents and countries other than the country where they are tax residents. ➡️ Will this lead to double taxation of the income ❓ ➡️ What are the taxation benefits available to NRIs under Double Taxation Avoidance Agreements (DTAA) ❓ ➡️ Are there concessional rates of tax or relief provisions available under DTAA ❓ ➡️ If there are beneficial provisions under the DTAA or under the Income Tax law of the country or vice versa, what would be applicable ❓ 👉 To know more about the various benefits available to NRIs under DTAA watch both the parts of our video. 👉 Please find below the link on the above subject by Mr. Daxesh Kothari – Tax & Financial Consultant and MD & CEO of our company. PART 1 – https://youtu.be/Y1Fk5LQ6i-g PART 2 – https://youtu.be/342tcyCXF50 For further details feel free to contact us Ashutosh NRI Services A service of Ashutosh Financial Services Pvt. Ltd. www.ashutoshfinserv.com Mobile: +91 72288 48181 / 96010 06464 Email: nris1@ashutoshfinserv.com Follow us using Ashutosh_NRI_Services at Facebook, Instagram, Youtube, Twitter & LinkedIn to receive all the latest information from finance world.
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View Blogs in English NRI Services

Life insurance (Term Plan) for NRIs (Non-resident Indians) through which NRIs can get large amount of insurance from India at a very small premium.

A Term Plan is a pure form of Life insurance, which has following features: ◾ Get claim of large lump-sum amount globally in case of death/disability/critical illness, which can secure your family by providing financial protection in your absence. ◾ NRIs with age band of 18 to 65 years can apply for Term plan, based on the criteria like annual income, health condition and existing life insurance amount. ◾ Flexibility in years of insurance and premiums, for how many years you want life cover and for how many years you want to pay premium. ◾ Specially for NRIs, an 18 year old person will be able to take a term plan of Rs. 1 Crore till he reaches the age of 65 only @ Rs. 20 premium per day. Same way 30 year old person can get @ 28.50/- rupees a day and 40 year old person can get @ 47/- rupees a day. ◾ Non-smoker and non-Tobacco user can get more benefit in premium amount. ◾ Women can get lower premium for insurance than men. ◾ Choose the option for refund of your all premiums paid after the end of the policy term. ◾ Choose additional riders such as a rider with to get a lump sum amount when critical illnesses occur or a rider with the benefit of accidental death. ◾ Choose increasing and decreasing sum assured options. ◾ NRIs can also claim tax benefits under section 80(C) of Income Tax Act. ✅ We offer insurance plans of many companies, we suggest best plan suitable for NRIs after comparing the plans of all these companies, with the lowest premium, best company and best features as per your requirements. For further details feel free to contact us Ashutosh NRI Services A service of Ashutosh Financial Services Pvt. Ltd. www.ashutoshfinserv.com Mobile: +91 72288 48181 / 96010 06464 Email: nris1@ashutoshfinserv.com Follow us using Ashutosh_NRI_Services at Facebook, Instagram, Youtube, Twitter & LinkedIn to receive all the latest information from finance world.