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Gotcha
Hero Username: Gotcha
Post Number: 10176 Registered: 02-2008 Posted From: 99.33.1.73
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 09:58 pm: |
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Bushu 8% ekkada babu official inflation is 10.5 %. India lo savings chesukovadam amayakatvan, either invest or buy something which grows with inflation. Vjawarrior Say u save and got 9.75 and if u dont consider inflation u have to pay uncle sam 30% on it so ur net savings is 6%. While convertibg to dollars to rs and reconverting back to dollars u wight loose another 1 percent so ur totsl gsin is 5%. Ippudu deeni meeda inflation esi chudu This real estate is for sale. |
   
Bushu
Side Hero Username: Bushu
Post Number: 6197 Registered: 04-2009 Posted From: 24.61.12.115
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 09:55 pm: |
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Vjawarrior:by having a NRE account...u get 9% interest...repatriable...not taxed at source..
exchange rate lo entha dobuthadhi? ainaa, nee lanti trader 9% tho kush avudendhi? india lo evadu 30% ki thakkuva matladadu. balupu s/o gelupu |
   
Vjawarrior
Side Hero Username: Vjawarrior
Post Number: 5449 Registered: 02-2011 Posted From: 98.230.188.189
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 09:44 pm: |
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Bushu: india lo inflation 8%, neekochey return 9.5% - so net 1.5% annatlu. dhaniki thodu dollraan loko convert sesinaavantey inkaa banduu.
i feel usd will not raise any more from these levels....54/55 max.... also USA lo banks hardly give anything....whts the point in keeping it here... by having a NRE account...u get 9% interest...repatriable...not taxed at source.... I dont know what the problem is.... Naakonchem tikkundi...kaani daanikoka lekkundi... |
   
Bushu
Side Hero Username: Bushu
Post Number: 6194 Registered: 04-2009 Posted From: 24.61.12.115
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 09:41 pm: |
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Vjawarrior:
india lo inflation 8%, neekochey return 9.5% - so net 1.5% annatlu. dhaniki thodu dollraan loko convert sesinaavantey inkaa banduu. balupu s/o gelupu |
   
Vjawarrior
Side Hero Username: Vjawarrior
Post Number: 5444 Registered: 02-2011 Posted From: 98.230.188.189
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 09:06 pm: |
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Dma: Even if it were a little lower at SBI than KVB, I would go with KVB.
didint get ur logic....i thought sbi being apublic venture is more safer Naakonchem tikkundi...kaani daanikoka lekkundi... |
   
Vjawarrior
Side Hero Username: Vjawarrior
Post Number: 5443 Registered: 02-2011 Posted From: 98.230.188.189
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 09:05 pm: |
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Gandhiguevara:Another big positive of an NRE account is that the interest earned from an NRE account is fully exempt from income tax. bonghem kaadhu
so waste antaava gagu Naakonchem tikkundi...kaani daanikoka lekkundi... |
   
Gandhiguevara
Legend Username: Gandhiguevara
Post Number: 37640 Registered: 10-2009 Posted From: 98.194.214.250
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 08:46 pm: |
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Another big positive of an NRE account is that the interest earned from an NRE account is fully exempt from income tax. bonghem kaadhu |
   
Dma
Side Hero Username: Dma
Post Number: 8186 Registered: 11-2009 Posted From: 70.184.123.211
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 08:44 pm: |
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Vjawarrior:but sbi also is giving a good rate...
Even if it were a little lower at SBI than KVB, I would go with KVB. |
   
Vjawarrior
Side Hero Username: Vjawarrior
Post Number: 5442 Registered: 02-2011 Posted From: 98.230.188.189
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 07:52 pm: |
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Dma:How about Karur Vysya Bank? How much are you protected for?
rite....i donno how safe kvb is.....so asking... but sbi also is giving a good rate... Naakonchem tikkundi...kaani daanikoka lekkundi... |
   
Dma
Side Hero Username: Dma
Post Number: 8185 Registered: 11-2009 Posted From: 70.176.173.118
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 07:16 pm: |
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in US, your investments are covered upto 100K. So, a common man is protected. How about Karur Vysya Bank? How much are you protected for? |
   
Vjawarrior
Side Hero Username: Vjawarrior
Post Number: 5441 Registered: 02-2011 Posted From: 153.2.247.32
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 05:57 pm: |
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Karur Vysya Bank is giving 9.5% interest rate on NRE deposits... http://www.kvb.co.in/global/non_resident_NRE_deposits.html karur vysya bank safe bank ena.... Naakonchem tikkundi...kaani daanikoka lekkundi... |
   
Vjawarrior
Side Hero Username: Vjawarrior
Post Number: 5440 Registered: 02-2011 Posted From: 153.2.247.32
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, February 14, 2013 - 05:45 pm: |
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if so...u r losing big on the interest amount.... Check this link: http://www.moneycontrol.com/news/fixed-income-bank-deposits/ exploring-different-typesnri-accounts_727014.html Naakonchem tikkundi...kaani daanikoka lekkundi... |