Under Indian tax law, when a resident father-in-law gives a sum of money to his daughter-in-law who is a non-resident Indian (NRI), that gift is not taxable in India — neither for the donor nor for the recipient. The law treats gifts between specified relatives as exempt, regardless of the amount. Below is a clear … Read more
Money is one of the quietest — and most powerful — forces in a relationship. Couples often assume that opening a joint account solves everything, but true financial compatibility runs deeper. From the immediate “wedding hangover” of bills and refunds to long-term choices about supporting aging parents, aligning money habits and values is essential for … Read more
India’s equity markets have delivered strong returns in recent years, tempting many investors to chase fast gains. But building lasting wealth rarely comes from timing the market. Instead, a disciplined approach to asset allocation and regular rebalancing helps investors compound returns, manage volatility and avoid costly behavioural mistakes. Why asset allocation beats market timing Asset … Read more
When profits from mid- and small-cap SIPs need a new home After 5–6 years of disciplined SIPs in mid- and small-cap funds, many investors find themselves sitting on healthy gains. That success brings a new question: should you move profits into safer large-cap funds or into hybrid funds that mix equity and debt? An expert … Read more
Passive funds — including index mutual funds and ETFs — are a simple, cost-effective way to gain broad market exposure. They suit investors who want steady, long-term returns without frequent trading. But “simple” doesn’t mean “set and forget.” Here are clear dos and don’ts to help you start well and avoid common mistakes. Why choose … Read more
The Labour Ministry is developing a system to let roughly eight crore Employees’ Provident Fund Organisation (EPFO) members withdraw their provident fund balances directly using UPI. The move aims to speed up access to funds, simplify withdrawal procedures and improve delivery of member services. What the new system aims to do The proposal would link … Read more
Credit reports are the financial resumes lenders read before they decide to lend. They record your borrowing and repayment history and can open or close doors to loans, credit cards, mortgages and even some jobs. Getting the facts right on a credit file — both the required items and the optional details — matters more … Read more
Budget 2025 delivered a range of measures that many taxpayers and salaried people welcomed. As Budget 2026 approaches, the big question on everyone’s mind is whether the next Union Budget will continue that trend and offer similar relief. The answer depends as much on economic realities as on political priorities. Here’s a clear look at … Read more
Pay raises and promotions feel good — but when every extra dollar is swallowed by a nicer apartment, more dining out, or a newer phone, savings never seem to grow. Lifestyle inflation quietly erodes financial security. For many young professionals, the result is a fragile money situation and tempting shortcuts toward quick wealth that often … Read more
The Kolkata masterclass brought together investors and financial enthusiasts to explore global investment opportunities and build practical skills for investing across borders. Sessions focused on how to navigate international markets, reduce risks, and identify themes that can support long-term wealth creation amid changing economic conditions. Why look beyond domestic markets? Investors increasingly consider global markets … Read more