About Donald Gonsalves

Founder of SimplePath™ and a regular contributor to the website's blog, Donald brings with him more than a decade of experience working as a consultant for financial planning and insurance. Send your questions to donald@simplepath.in
  • 6 Tips to Save Health Insurance Premium

Tips to Save Health Insurance Premium – 6 Ingenious Tips

By |2024-05-14T12:22:26+05:30May 14, 2024|

With the 6 Tips to Save Health Insurance Premium, saving on health insurance premiums isn't an elusive art but a result of making smart and proactive choices. By implementing these six tips to save health insurance premium costs, you can protect both your health and your finances. #FinancialHealth #SmartInsurance #InsuranceTips

  • Should One Pay TCS on Fund Transfers to NRIs

TCS on Fund Transfers to NRIs

By |2024-04-03T08:53:57+05:30March 31, 2024|

There is a confusion on whether to pay a 20% TCS on fund transfers to NRIs on either on their NRE, Foreign Account or NRO Bank Account. We clarify.

  • How to Invest in India to Grow Wealth in FY 2024-25

NRI Investment Opportunities in India FY 2024-25

By |2024-04-03T08:52:34+05:30March 18, 2024|

Wide range of NRI investment opportunities in India are available. NRIs may make wise investments in India and reap the rewards of long-term wealth growth with proper preparation and study. There are plenty of options in India to invest your money in, but the right way to select the best investment option to achieve your financial goal(s) is by considering it’s returns on investment (high, medium and low), investment term (long, medium, short) and risk property (high, medium and low).

Should NRE deposits be reported in IT Returns?

By |2024-03-03T20:55:31+05:30March 3, 2024|

It's suggested that the interest exemption under the IT Act may apply only while the individual is a PROI or permitted to maintain the account as per FEMA, once they return to India for employment and become a PRII.

Optimise International Retirement Investment Options

By |2024-03-02T17:45:30+05:30March 2, 2024|

Strategic cross-border investments and exploring international retirement plans can significantly enhance the diversification of your portfolio while potentially bolstering your retirement funds. Here's a comprehensive guide to optimising international retirement investment options and navigating this path effectively.

  • Gold Prices in 2024 expected to touch INR 70000

Gold Prices in 2024 Expected to Touch ₹70,000

By |2024-04-03T08:48:05+05:30January 2, 2024|

Potential surge of gold prices in 2024 to ₹70,000 per 10 grams. Rise in gold prices in 2024 hinges on factors like the dollar index, global economic conditions, and geopolitical stability. Gold retains its allure as a safe-haven asset and a hedge against inflation, setting the stage for an intriguing year ahead in the bullion markets.

  • India's Forex Reserves Rebound as RBI Adds $58 Billion This Fiscal Year

India’s Forex Reserves Rebound as RBI Adds $58 Billion This Fiscal Year

By |2024-04-03T08:46:28+05:30December 31, 2023|

In a remarkable resurgence, foreign exchange reserves of India have surged by $4 billion, reaching an impressive $620 billion as of December 22, 2023, as per recent data released by the Reserve Bank of India (RBI). This fiscal year has seen a substantial addition of $57.59 billion to the country's forex reserves, illustrating India's resilience in bolstering its financial stability.

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