Personal finance, savings, investments, income tax, business, etc.
This article is about a non-profit community forum to discuss the various personal finance topics such as savings, investments, taxes, etc in India and France. It was created to provide a private platform for financial discusions between the Indian community living in France.
I have seen many people using their Wise accounts, just like a bank account. So, this post is for people who think Wise is a bank. I am not sure if they are aware of all the Terms & Conditions, risks, etc.
For the income tax declaration that you had done in April-June 2023, you would receive a refund from tax department if you had overpaid and
you owe the tax department and must do a payment if you had underpaid
The French Minister of Economy, Finance and Industrial and Digital Sovereignty, Mr. Bruno Le Maire has accepted the recommendation of the Bank of France by maintaining the Livret A savings account interest rate at 3%. Earlier, media reports were prediciting an increase to 4%.
The Double Tax Avoidance Agreement (DTAA) is an agreement signed between two countries. These agreements cover a wide sources of income such as income from salaried employment, profits from business, dividends, royalties, bank interest, capital gains, etc.