BUSINESS
Trusts vs wills: How India's wealthy are preparing for generational shift?
India's wealthy families are increasingly adopting trusts for estate planning due to their discretion, control and ability to bypass probate, while wills offer simplicity and flexibility for simpler estates
BUSINESS
Why NRIs planning retirement in India need a whole new financial playbook
NRIs retiring in India face unique financial challenges due to inflation, taxation and investment options, requiring a tailored approach to ensure long-term security and sustainability of their retirement corpus.
BUSINESS
Why estate planning is not just for the elderly or ultra-rich
Estate planning isn’t only for millionaires. If you have a bank account, a house, a car, financial assets, or even personal belongings of sentimental value - you have something worth protecting.
BUSINESS
Here's how NRIs can navigate global trends to make most of their India investments
India offers a great investment opportunity to NRIs who can use the GIFT City route instead of repatriation to avoid exchange rate differentials and tax deduction
BUSINESS
What’s the adequate number of mutual funds an investor should hold in a portfolio?
A core-and-satellite approach can work well for your investment portfolio and ensure you don’t end up with too many funds. The ‘core’ comprises broad-based, long-term funds and stable funds like index or large-cap equity funds. Satellite funds are more specialised, targeting specific sectors or strategies such as emerging markets, thematic funds, or small-cap stocks.
BUSINESS
Women can manage money just as well as men. Here’s how they can step up
Budgeting and finance come naturally to women. Yet they shy away from important financial decisions because their fathers and husbands have always managed the household money. It’s time school curriculums started teaching finance to improve their confidence and spread financial literacy.
BUSINESS
Personal Finance | What not to overlook in a health insurance policy
Some of the fine print you must look at while buying health insurance are tax benefits, room rent/ICU charges admissible, whether the policy is cashless, diseases excluded and insurance deductible
BUSINESS
Personal Finance | Falling prey to mis-selling of insurance policies
Beware of glib-tongued sellers of insurance policies that promise fat bonuses
PERSONAL-FINANCE
Personal Finance | The when, why and how of portfolio rebalancing
There are many reasons for rebalancing a portfolio, but when it is done, investors must pay attention to the cost and tax factors
