Jul 04, 2022 07:45 AM ISTKeeping aside income-tax benefits, selling property under an HUF structure may be cumbersome because the consent of all members of the family is required.
Jul 01, 2022 10:12 AM IST 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.
Jun 30, 2022 07:38 AM IST 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.
Jun 29, 2022 09:03 AM IST 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.
Jun 27, 2022 07:56 AM IST 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.
Jun 23, 2022 09:04 AM IST 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
Jun 23, 2022 08:09 AM IST 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.
Jun 22, 2022 10:16 AM IST 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.
Jun 20, 2022 10:54 AM IST 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.
Jun 17, 2022 09:15 AM IST 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.
Jun 14, 2022 09:25 AM IST 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.
Jun 08, 2022 08:13 AM IST 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.
Jun 06, 2022 10:18 AM IST 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.
Jun 06, 2022 06:33 AM IST Know the corpus you need for overseas education and start saving regularly for the same.
Jun 02, 2022 09:13 AM IST 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.
Jun 01, 2022 07:05 AM IST 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.
May 31, 2022 08:59 AM IST 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.
May 30, 2022 07:09 AM IST 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
May 27, 2022 10:06 AM IST Most investors focus more on getting higher returns. But when you are just starting, 'saving more' is a lot more important than higher returns
May 26, 2022 06:46 AM IST 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
May 25, 2022 07:45 AM IST Estate planning is often left for the last minute, kept secret even from beneficiaries, and not given priority. Such mistakes can be harmful.
May 24, 2022 09:19 AM IST 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
May 19, 2022 06:46 AM IST 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
May 12, 2022 07:46 AM IST 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
May 09, 2022 05:17 PM IST 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.
Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.
