MONTHLY NEWSLETTER INSIGHTS
MARKET UPDATES
MUST READ / WATCH
JANUARY 2025
ISSUE NO 08
https://primewealth.co.in
Index
Thoughts On Financial Freedom 01
Market Updates 02
NRI market updates 03
Videos For Learning 04
Webinars For NRI’s 05
Trump's New Policies May Reshape Future for Indian
Immigrants in the U.S. 06
Getting Better At Life 08
Quote Of The Month 09
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HOW CAN I TELL IF I’VE ACHIEVED
FINANCIAL FREEDOM?
Knowing if you have achieved your financial freedom is
possible only when you have multiple streams of income to
cover your basic expenses and lead to a decent standard of
living. You should not have to depend on your job or career to
arrange for these expenses if you are financially free. This
provides you with the ultimate freedom of working as you enjoy
your life.
To achieve financial freedom, focus on creating a budget that
considers expenses such as food, utilities, insurance, housing,
and other discretionary spending. Make a thorough
comparison of the income you receive from all sources,
including part-time work, rental income, investment,
transportation, and others. If your income is higher than
expenses, you might have achieved financial freedom.
In short, attaining financial freedom is a journey that takes time
and effort to reach your desired goals. With proper planning of
how to save and invest, it is possible to achieve financial
freedom without compromising on your dreams.
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MARKET UPDATES
World Bank predicts India to
grow at 6.7 percent for next 2
fiscal years
India’s economic growth is projected to remain
steady at 6.7 percent per annum for the next the two
fiscals beginning April 2025, according to the World
Bank’s latest growth estimates for South Asia.
Growth in South Asia...
Read more
Canara Robeco Equity Hybrid
Fund turned Rs 10,000 monthly
SIP into Rs 5.80 crore in 32 years
Canara Robeco Equity Hybrid Fund has completed
32 years. The scheme is an open-ended hybrid
scheme investing predominantly in equity and
equity-related instruments.
Read more
Sebi introduces MF Lite
framework for passive mutual
funds
Index and exchange-traded funds to schemes
sponsored by private equity funds will be eligible to
covered under the MF Lite framwork on meeting
certain conditions as the market regulator aims to
simplify the operations of passively managed...
Read more
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NRI MARKET UPDATES
NRI Talk: NRI Investors - Why
GIFT City beats Mauritius, Dubai,
and Singapore
“The exemption from the restriction that limits
NRIs to less than 50% of the fund corpus will be a
significant advantage for funds domiciled in Gift
City as compared to other jurisdictions,” says
Sachin Sawrikar, Founder and Managing Partner,
Artha Bharat.
Read more
Will Budget 2025 make the tax
math easier when buying
property from NRIs?
As property transactions involving Non-Resident
Indians (NRIs) continue to rise, many homebuyers
face complex tax compliance issues when
purchasing real estate from NRI sellers. The
current tax system requires...
Read more
What NRIs need to know about
Indian income tax rules
avigating financial planning as a Non-Resident
Indian (NRI) involves understanding various tax
implications and leveraging available exemptions to
optimise returns. Investment options are plenty for
NRIs in India, but effective financial management
boils down to choosing tax-efficient strategies.
Income earned or accrued in India is taxable for
NRIs. Unlike resident Indians, ...
Read more
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VIDEOS FOR LEARNING
Why NRIs Are Returning to
India & What Are its
Implications?
This video explores the emotional and
practical factors influencing this decision,
from reconnecting with family and raising
kids in culturally rich environments...
Click to watch
Trump Ends Birthright
Citizenship: Shocking Impact
on NRIs and H-1B Families
This video explains the new policy, who it
impacts, and how Indian immigrants on H-1B
and temporary visas can prepare for these
unprecedented changes.
Click to watch
Mutual Funds For NRIs -
Complete Guide
Are you an NRI investing in Indian mutual
funds?
Learn why holding mutual funds in DEMAT
format can limit flexibility, increase costs,
and complicate loans against ...
Click to watch
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WEBINARS FOR NRI’S
We’ve been hosting insightful webinars tailored for NRIs to navigate the complexities
of cross-border investments and tax planning. Here’s a recap of our recent sessions:
For US & Canada-Based NRIs:
Webinar Title: Understanding
USD & CAD-Based
Investments in the Indian
Stock Market
Key Topics Discussed:
Smart investment strategies for US & Canada NRIs
Tax-efficient planning for income and assets
Wealth protection and goal-based financial planning
For UAE-Based NRIs:
Webinar Title: Zero Tax on
Mutual Funds for UAE NRIs
Key Topics Discussed:
Investment opportunities with zero tax liability on mutual funds
Tax-efficient planning for UAE-based income and assets
Strategies to safeguard wealth and achieve financial goals
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TRUMP'S NEW POLICIES MAY RESHAPE
FUTURE FOR INDIAN IMMIGRANTS IN THE U.S.
As January 20th approaches, Donald Trump is set to be sworn in as the new
President of the United States. His election manifesto outlined several ambitious
goals, and the global community is keenly watching, especially the Indian diaspora
in the U.S. and those aspiring to immigrate. Indian students, professionals on H-1B
visas, and families are particularly concerned about two anticipated policy changes
that could reshape their future.
Change to Birthright Citizenship
One of the key policy changes under consideration is a potential revision to the
birthright citizenship rule. Currently, children born in the U.S. automatically receive
American citizenship, even if their parents are foreign nationals. This policy has been
leveraged by some families who travel to the U.S. during late pregnancy to ensure
their children are born American citizens.
Trump’s proposed changes may put an end to this practice. Under the new
regulations, only children born to U.S. citizens—and possibly not even Green Card
holders—would automatically be granted U.S. citizenship. This shift would also
impact children born to parents on H-1B visas, raising concerns for many Indian
families living in the U.S. about their children's future legal status.
Increase in H-1B Visa Salary Requirements
Continue Reading
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TRUMP'S NEW POLICIES MAY RESHAPE
FUTURE FOR INDIAN IMMIGRANTS IN THE U.S.
Another significant change expected from the Trump administration involves raising
the minimum salary requirement for H-1B visa eligibility. The current salary
threshold, set at $60,000 annually under the American Competitiveness in the
Twenty-First Century Act (AC21), has remained unchanged for 25 years. Trump's
administration is considering doubling this minimum to $120,000.
This move aims to ensure that H-1B visas are reserved for highly skilled workers who
command competitive salaries. While this increase may be feasible for employees in
high-cost areas like California’s Bay Area, it could pose challenges for workers in
other regions where salaries are generally lower. For many Indian professionals, this
policy change could make it more difficult to secure or maintain H-1B visa status,
affecting their career prospects and stability in the U.S.
Impact on the Indian Community
These potential policy shifts are causing widespread concern among Indian
nationals in the U.S. and those planning to move there. For students, professionals,
and families, the prospect of more stringent immigration rules and higher financial
requirements represents significant hurdles to achieving their American Dream.
As the Trump administration prepares to implement these changes, the Indian
community is watching closely, bracing for the impact on their lives and aspirations
in the United States.
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GETTING BETTER AT LIFE
Anyone can learn to be
creative by using these
five steps. That’s not to
say being creative is
easy
Read more
Walking Workout To
Lose Belly Fat.
The High Performance
Journal - January 21st,
2025
Read more
The Think Day: Your
Secret Weapon -
In the 1980s, Microsoft
founder Bill Gates began an
annual tradition he called
the Think
Read more
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QUOTE OF THE MONTH
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