RBI takes steps to attract dollar in bid to check rupee's slide

RBI takes steps to attract dollar in bid to check rupee's slide | Economic Times

RBI takes steps to attract dollar in bid to check rupee's slide https://ift.tt/Qb59asp Indians will get high returns for bringing foreign exchange into India into FCNR(B), and NRE deposits as the cap on rates have been removed for fresh deposits. This relaxation will be available for the period up to October 31, 2022. FCNR(B) are foreign currency non-resident deposits ( denominated in foreign currency), while NRE deposits are non-resident external deposits.

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What happens if husband dies without a will | Economic Times

Given the uncertainty of life in the face of Covid-19, it is advisable to write a will if you have assets and want to pass them on to your family members smoothly. However, the urgency and importance of a will and nomination are not fully realised because no one believes it will happen to them.Especially vulnerable are dependants like children and homemaker spouses, who have stayed away from the entire process of financial transactions and wealth management. Women are typically unaware of their legal rights regarding property, let alone know how to access it. What should they do if their husbands die suddenly without a will? How is his property distributed and does it differ for women of different religions?1. Assets distributed as per law based on religionIf the husband dies intestate, i.e., without a will, the assets are distributed as per the law based on his religion. For Hindus, Jains, Buddhists and Sikhs, the distribution is governed by the Hindu Succession Act, 1956, and the Hin...

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