Tax season is eventually upon us and many persons earning online, including freelancers and bloggers are required to report and pay taxes to their home countries every year. This includes declaring income received with paypal. You will be asked for source of funds by bank or tax authorities in your …

Is this another new problem? Many indians including me did a bank withdrawal on April 7th and we are still seeing the “pending” status and it has been 3 days.  It usually takes about 24hrs for the status to get completed and this is quite unusual. Everybody is so converned …

I have been using ATM for many years and never relied on going to bank to withdraw cash on the bank counter.

Usually most bank ATMs in india allow maximum Rs.10,000 per swipe using your atm card and this is restricted to Rs 25’000 per day, depending on the debit/credit card …

Indians woke up today and while logging to paypal, there was update information screen asking for Mobile no and PAN card no (issued by income tax dept).

Few Indians had problems updating their PAN with paypal, while most others were successfully update their account information.

Important:  If you dont have PAN, you …

Indians who withdraw paypal balance by cheque, usually have number of doubts and typically everywhere the same questions have been asked over and over again.  So i decided to compile pretty useful questions to clear your doubts.

If you see above image, this is how a paypal cheque sent to Indians …

Physicians and medical professionals in US are so vulnerable to lawsuits,  relating to medical malpractice including negligence, personal injury and there are so many liabilities involved, which is why asset protection offshore is wise things to consider for your family and loved ones.

If you are famous physician earning lots of …

Paypal just last hour, gave a final update and it seems to be a great news from the paypal blog posted by Farhad Irani. It seems Indians dont need IEC code and are need to enter the Purpose Code.  Purpose code is different from IEC code as advised by paypal …

How to Apply for IEC (Import Export code)  code in India?

Quite contrary to many people think, it is very easy to apply and get the IEC code (usually 10 digits) from the Office of the Director General, Foreign Trade in your city for a small fee. You can apply as …

Indian paypal users have been desperate for this news and it looks like there has been both good and bad news.  Let me start with good news first.

The good news, is local bank withdrawals will start on March 3, 2010
The bad news is, Export code is needed to initiate a …

With any investment, first comes safety, then growth and then instant liquidity. Of which, the importance of safety and liquidity are paramount.  Look at the value of gold 20 yrs ago, and how far it has multiplied in its value.  With gold comes anytime liquidity which is why gold has …