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Insights and updates on global payments and international banking.

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What is a Nostro Account in Banking? Meaning, Examples, and Uses
December 4, 2025

What is a Nostro Account in Banking? Meaning, Examples, and Uses

Trading with other nations often involves a lot of rules, procedures, and duties. Managing and sorting products that travel across borders is mainly done with the help of the Harmonized System Code — referred to as the HS Code. When you handle import and export, HS codes are important for putting your goods in the proper tax class and making sure they fit with all customs rules. Here, we are covering what an HS code means, why it plays a significant role, and how to get the proper HS code for y

Chinmay
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Maximize Savings Under the Revised Income Tax Regime 2025-26
December 3, 2025

Maximize Savings Under the Revised Income Tax Regime 2025-26

The Indian income tax landscape has been steadily evolving, with the "New Tax Regime" gaining prominence, especially after the significant revisions in Budget 2023, which continue into FY 2025-26 (Assessment Year 2026-27). This simplified regime, now the default choice, offers lower tax rates but fewer deductions and exemptions compared to the traditional Old Tax Regime. For many taxpayers, understanding how to maximize savings within this new framework can be a challenge. If you've opted for (

Chinmay
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What is an HS Code? A Beginner’s Guide to Harmonized System Codes
December 2, 2025

What is an HS Code? A Beginner’s Guide to Harmonized System Codes

Trading with other nations often involves a lot of rules, procedures, and duties. Managing and sorting products that travel across borders is mainly done with the help of the Harmonized System Code — referred to as the HS Code. When you handle import and export, HS codes are important for putting your goods in the proper tax class and making sure they fit with all customs rules. Here, we are covering what an HS code means, why it plays a significant role, and how to get the proper HS code for y

Chinmay
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Understanding the New Income Tax Slabs for FY 2025-26: What You Need to Know
December 2, 2025

Understanding the New Income Tax Slabs for FY 2025-26: What You Need to Know

India's income tax system has seen substantial changes as a result of the Union Budget 2025–2026, most notably the "new tax regime." Every taxpayer must understand these changes as we enter the Financial Year 2025–26 (Assessment Year 2026–27) in order to efficiently manage their finances and minimize their tax obligations. This thorough guide will explain the new income tax slab rates, contrast them with the previous system, and highlight significant changes that may affect your tax-saving tacti

Chinmay
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LRS Full Form and Meaning: Complete Guide to Liberalised Remittance Scheme
December 2, 2025

LRS Full Form and Meaning: Complete Guide to Liberalised Remittance Scheme

In today’s globalized world, Indian residents often need to send money abroad—whether for education, travel, medical expenses, or investments. To regulate and simplify outward remittances, the Reserve Bank of India (RBI) introduced the Liberalised Remittance Scheme (LRS). But many people still ask: What is LRS? What is LRS in banking? How much money can I send abroad under LRS? This guide provides a complete understanding of LRS—its full form, meaning, rules, limits, and usage—to help individu

Chinmay
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What is a Payment Gateway? A Beginner’s Guide to Online Payments
October 30, 2025

What is a Payment Gateway? A Beginner’s Guide to Online Payments

With everything going digital, every business that wants to accept online payments should learn about payment gateway technology. As online shopping rapidly gains popularity in countries like India, payment gateways are playing a crucial role in ensuring transactions are both safe and easy to complete. At Eximpe, we believe it’s essential to make the online payment gateway clear, as this is the first step in building trust that helps a business grow. What is a Payment Gateway? A payment gatew

John
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