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  • MC Explains: When a Hindu Undivided Family may not work Jul 04, 2022 07:45 AM IST

    MC Explains: When a Hindu Undivided Family may not work

    Keeping aside income-tax benefits, selling property under an HUF structure may be cumbersome because the consent of all members of the family is required.

  • MC Explains | What is a Hindu Undivided Family? Jul 01, 2022 10:12 AM IST

    MC Explains | What is a Hindu Undivided Family?

    Taxation works differently for individuals, companies, firms and other entities. One such entity is a Hindu Undivided Family (HUF), which has its separate tax liabilities and exemptions.

  • Looking out for an international scholarship? Here's how to maximise your chances Jun 30, 2022 07:38 AM IST

    Looking out for an international scholarship? Here's how to maximise your chances

    Before applying for a scholarship, it’s important to build a strong profile, do in-depth research on options available for scholarship, apply early and search for alternative options to get the scholarship. Most importantly, do not make fake or inflated claims while applying for one.

  • All about preparing for the great Indian foreign education dream Jun 29, 2022 09:03 AM IST

    All about preparing for the great Indian foreign education dream

    From selecting a suitable destination and university to funding your overseas studies through investments, scholarships and education loans, Moneycontrol’s one-stop guide has all bases covered.

  • Burnout, toxic work culture might just force you to retire early. Make sure you are financially prepared Jun 27, 2022 07:56 AM IST

    Burnout, toxic work culture might just force you to retire early. Make sure you are financially prepared

    Aside from health issues, you may also face a toxic work culture later that forces you to retire sooner than planned. A sound financial plan will help you cope with the sudden loss of income that follows.

  • Started your university classes abroad already? Now, keep an eye on these upcoming expenses Jun 23, 2022 09:04 AM IST

    Started your university classes abroad already? Now, keep an eye on these upcoming expenses

    Fees for the first couple of years, petty cash to take you through a year’s expenses….there is only so much you can plan before you fly overseas for higher studies. But expenses will crop up once you begin your course. Here’s how to manage your money then

  • The cost of investing in the wrong product can far exceed the investment advisor fees you think you saved on Jun 23, 2022 08:09 AM IST

    The cost of investing in the wrong product can far exceed the investment advisor fees you think you saved on

    Although direct investments are available thanks to the internet revolution and mutual funds offering direct plans, these are not meant for everyone. It’s better to have the support of an investment advisor, despite the fee.

  • Four behavioural biases that can harm wealth creation… and how to overcome them Jun 22, 2022 10:16 AM IST

    Four behavioural biases that can harm wealth creation… and how to overcome them

    Relying too much on elders for financial advice could mean investing more than what’s needed in tax-saving schemes even though they may not suit our financial plan. Such biases could impart a false sense of financial security.

  • 7 common mistakes that people make when it comes to life insurance Jun 20, 2022 10:54 AM IST

    7 common mistakes that people make when it comes to life insurance

    Not having adequate cover during your life’s journey to achieve your financial goals is akin to doing a trapeze act without a safety net. Unfortunately, people realise this only when it’s too late.

  • Financial planning made easy: Government to share income data with intermediaries in real time Jun 17, 2022 09:15 AM IST

    Financial planning made easy: Government to share income data with intermediaries in real time

    Tax planning for individuals may get a boost as the government prepares to share the income and tax liability data of individuals with tax and investment planning portals on a real-time basis. But first, there might be a privacy hurdle to cross.

  • How education inflation can hurt your child’s future Jun 14, 2022 09:25 AM IST

    How education inflation can hurt your child’s future

    The cost of education rises by a larger margin than what the published centralised inflation numbers tell you. What makes it worse are the many hidden charges that can push the education budget up further.

  • Studying abroad? Be aware of these 5 additional costs linked to your education Jun 08, 2022 08:13 AM IST

    Studying abroad? Be aware of these 5 additional costs linked to your education

    First, estimate your expenses after some thorough research. Then budget for them before departure. You will need to factor in pre-departure expenses, external coaching fees, deposit for rented accommodation and other costs.

  • Explained: How EPF’s taxable and non-taxable accounts will work Jun 06, 2022 10:18 AM IST

    Explained: How EPF’s taxable and non-taxable accounts will work

    Employees contributing over Rs 2.5 lakh to their EPF account will feel the pinch of tax on interest on the excess amount this year, as the rules will be implemented when EPFO credits interest for FY 2021-22.

  • How to save and invest for your child’s foreign education goal Jun 06, 2022 06:33 AM IST

    How to save and invest for your child’s foreign education goal

    Know the corpus you need for overseas education and start saving regularly for the same.

  • Can one portfolio help you reach multiple goals? Jun 02, 2022 09:13 AM IST

    Can one portfolio help you reach multiple goals?

    Your financial goals could be immediate, medium-term or long-term. A single portfolio for all your goals might end up compromising some of them, especially if you have to make a large withdrawal.

  • Financial planning for new-age couples Jun 01, 2022 07:05 AM IST

    Financial planning for new-age couples

    The decision to invest in single or joint portfolios can be made based on individual preferences, risk profiles and tax considerations which also determine the asset allocation and choice of asset classes.

  • Revisiting home truths: Given current conditions, should one buy a house or stay on rent? May 31, 2022 08:59 AM IST

    Revisiting home truths: Given current conditions, should one buy a house or stay on rent?

    The perpetual debate is rekindled in the wake of better regulations and low-interest rates, but it should be a financially driven decision rather than an emotional one.

  • Making the right moves: Things to keep in mind before relocating May 30, 2022 07:09 AM IST

    Making the right moves: Things to keep in mind before relocating

    Before relocating to a new city, make a budget sheet, consider major expense heads, arrange the necessary funds and plan for intangible expenses as well

  • In your 40s and haven’t saved enough? It’s not as bad as you think May 27, 2022 10:06 AM IST

    In your 40s and haven’t saved enough? It’s not as bad as you think

    Most investors focus more on getting higher returns. But when you are just starting, 'saving more' is a lot more important than higher returns

  • Transmission of money lying in mutual funds to legal heirs is not easy, despite AMFI’s best practices guidelines May 26, 2022 06:46 AM IST

    Transmission of money lying in mutual funds to legal heirs is not easy, despite AMFI’s best practices guidelines

    Where there is a Will, it is easier for legal heirs to claim money lying with mutual funds that was left behind. But in the absence of a Will and Nominee, complications arise and paperwork mounts

  • Where there’s a Will there’s a way: Avoid making these common mistakes with yours May 25, 2022 07:45 AM IST

    Where there’s a Will there’s a way: Avoid making these common mistakes with yours

    Estate planning is often left for the last minute, kept secret even from beneficiaries, and not given priority. Such mistakes can be harmful.

  • Weakening rupee, choppy market spell trouble for overseas students. Here’s how to manage your money May 24, 2022 09:19 AM IST

    Weakening rupee, choppy market spell trouble for overseas students. Here’s how to manage your money

    Students pursuing studies abroad could be in for tough times as rupee depreciation vis-à-vis the US dollar is likely to push up their overall cost of education, especially living expenses

  • Not planned your summer holiday yet? 5 hacks to bring your last-minute travel costs down May 19, 2022 06:46 AM IST

    Not planned your summer holiday yet? 5 hacks to bring your last-minute travel costs down

    Planning a vacation at the last moment can make your holiday costly. A little bit of control on your budget and smart planning, like visiting an offbeat destination, can lower your travel costs significantly

  • Inflation is bad news for homebuyers. But there is a way out of this pain May 12, 2022 07:46 AM IST

    Inflation is bad news for homebuyers. But there is a way out of this pain

    Those who had taken a home loan as far back as 2015 or 2016 would have benefited from falling interest rates. But those who bought properties—and took loans to refinance them—when interest rates had bottomed out during the Covid-19 lockdowns will feel the pinch

  • Is now a good time to buy gold? May 09, 2022 05:17 PM IST

    Is now a good time to buy gold?

    Gold prices may not have stuck to the script of going up despite the Russia-Ukraine conflict. But gold is not to be used to generate returns. It is a hedge against inflation and uncertainty. And it’s best to invest in it, paperless.

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