Arman Qureshi is a paraplanner and finance writer who enjoys reading and learning about personal finance and macroeconomics. Arman also likes understanding how money, markets, MRETs, and politics affect everyday life. He spend time reading about finance, public policy, and current affairs, and try to explain these topics in a simple and clear way through his writing. Apart from this, Arman Qureshi is interested in chess, philosophy, and technology. He enjoy learning new things and sharing practical, easy-to-understand insights with readers.
Authored Blogs
Special FCNR deposit rates: Compare bank rates 2026
An FCNR deposit (Foreign Currency Non-Resident Bank deposit) is a fixed deposit that lets NRIs keep their savings with an Indian bank in a foreign currency instead of rupees. For example, if you deposit US dollars, you earn interest in dollars and get your money back in dollars. This means your deposit is not affected […]
RBI ends the FCNR(B) swap facility a month early: What changed and why
The Reserve Bank of India has closed its special FCNR(B) swap facility a full month ahead of schedule, moving the deposit deadline forward from 30 September to 31 August 2026. This year, on June 8, The RBI launched the special USD-INR forex swap facility for FCNR(B) deposits, to absorb the currency-hedging costs faced by banks […]
What is the special FCNR(B) deposit scheme, and how does the RBI swap actually work?
Only twice in the last dozen-odd years, in 2013 and 2026, has the Reserve Bank of India used the tool called: the special FCNR(B) scheme. FCNR stands for Foreign Currency Non-Resident The idea of FCNR is simple. An NRI puts foreign currency into an FCNR(B) deposit with an Indian bank. The bank swaps that foreign […]
Scattered finances: Why managing money across multiple advisors can cost you
Imagine a house where every room was designed by a different architect working in silos. The kitchen doesn’t connect to the dining room. The staircase leads to nowhere. Each room may work on its own, but the house doesn’t. That’s how many people manage their finances. They rely on different people for insurance, investments, taxes, […]
Can F&O traders use presumptive taxation (Section 44AD)? (FY 2025-26)
Yes — unlike intraday trading, F&O traders can use Section 44AD presumptive taxation, because F&O is non-speculative business income, and 44AD is not barred for it. You can declare 6% of turnover as deemed profit, skip books of accounts, and avoid a tax audit. But this comes with a real cost that most traders do […]
Edelweiss Nifty REITs & Realty Index Fund: A detailed review of India’s first REIT index fund
Edelweiss Mutual Fund has launched the Edelweiss Nifty REITs & Realty Index Fund. The fund house says it is India’s first index fund to track an index that combines listed Real Estate Investment Trusts (REITs) and listed real estate companies. The New Fund Offer (NFO) is open from 5 August to 19 August 2026. You […]
