NEW YORK (TIP): New York seniors held a seminar on Banking and Taxation on Wednesday, February 26 at Panchmukhi Hanuman Temple, Glen Oaks. Shashikant Patel briefly explained about NRE, NRO, FCNRE accounts, updated tax deduction rules and filing tax returns.
Gopi Udeshi covered Banking safety at ATM, online banking, direct deposits as well recurring payments from bank accounts and safe deposit rules in India and USA, importance of living will and beneficiary name. Well known CPA/Tax Auditor Mr. Dwarka Kalantry spoke about Tax planning for seniors.