To know a person fully, it is important to know their attitudes towards money. This is a critical step towards being truly ready for your happily-ever-after story.
Google is using a very, very, very old piece of information in an advertisement in today's time. And that is precisely risk you run of what you get when you search on Google.
Probate means certification of the copy of the will under the court’s seal
The RBI could explore introduction of tangible benefits such as income tax incentives based on the digital transactions consumers initiate, while merchants could get GST credits based on the volume of digital payments they accept
Savings bank accounts specifically targeted at women come with extra features. But check if you really need them as they come with additional cost.
Right from the moment we decide to invest, it is by default that our mental calculator is activated. The pursuit of higher returns begins and the utopian scenario of 'financial bliss' looms in our minds.
Millennial should invest at least 30-50% monthly income. The rest should be utilised for monthly expenses, pay EMIs or credit card dues, etc
If you are on a break from a job, remember it is a good time to re-evaluate your skills and see how you can prepare to stay ahead in the game and separate yourself from the herd by taking a course or by acquiring new skills.
Here are a few steps you must take to ensure that your will delivers as per you wish
The first thing to be checked is if a Double Tax Avoidance Agreement exists between India and their country of residence.
It is necessary under the Indian laws that the will must be executed by the testator in the presence of two witnesses and the said two witnesses must have signed the will as witnesses in the presence of a testator
Some apparently illiquid avenues can be tapped in smart ways.
Saving money is extremely important if you are planning for future goals. Living on pay check to pay check each month isn't sustainable beyond a point.
Smart use of your credit card will help you build a good credit footprint as long as you are responsible and remember to repay the full amount on time.
It is important to keep in mind that as per the law, you are either married or divorced. There is nothing in between
Though it is not mandatory to video record the Will, there are a few situations in which the video recording is recommended by the estate planners.
In the absence of a Will or Nomination even day-to-day functioning gets affected, as the heirs don’t have access to the funds.
Under the Indian laws, the registration of the Will is not at all compulsory. It is an option on part of the Testator to register the Will.
Mis-selling continues unabated and everybody seems to be doling out financial advise.
One NRE savings account, one NRO savings account and one demat account in case you still hold shares from when you were resident, are typically enough for most NRIs.
No one knows the outcome of elections and even if one knew the election outcome, the impact on the markets may be unpredictable.
It’s advisable to review your monthly credit card and bank statements for any unauthorised and sham transactions.
The student travel insurance plan you pick should provide cover for medical emergencies, expenses for dental treatment, accident, evacuation and repatriation, personal liability, tuition fee, travel and sponsor protection.
Make sure you do extensive research before you apply for an education loan so that you can get the best possible rate and reduce your repayment burden later on.
On 10th December, the Government announced that the tax exemption limit for lump sum withdrawal on exit has been enhanced to 60 percent. With this, the entire withdrawal will now be exempt from income tax.