MUMBAI Raj was divorced five years ago and is now remarried to Anita (who is also divorced from her husband). Raj has two children from his previous marriage and one from his new marriage. Anita also has a son from her previous marriage. Raj has not formally adopted the son from Anita’s previous marriage. In … Read more
Family bylaws, also known as family constitutions, serve as a foundational document for governing family businesses and ensuring a smooth succession between generations. These bylaws are drafted by the promoting families to codify values, set guidelines, and provide a roadmap for the future continuity of the business, which can ultimately help maintain family harmony. In … Read more
Banks usually offer fixed-term deposits with a maximum term of 10 years. There is no bank that offers a fixed-term deposit with a term longer than 10 years. This may change soon. Suryoday Small Finance Bank plans to extend the maximum tenor of a fixed deposit (FD) to over 20 years, and depositors will also … Read more
Comparison between NPS and UPS: Following criticism for the removal of the Old Pension Scheme, the Narendra ModiThe government-led scheme has implemented a Unified Pension System that aims to combine the benefits of OPS with the features of NPS. The NPS was created by the Atal Bihari Vajpayee administration to address the one major flaw … Read more
HDFC Ergo is increasing premiums, Star Health will increase premiums by 10-15% for 30% of its policies, Niva Bupa and New India will also increase rates. After HDFC Ergo General Insurance increased premiums for its flagship health insurance products Optima Secure and Optima Restore from August and Star Health and Allied Insurance announced that it … Read more
Independent content creators who have seen a surge in earnings are turning in droves to financial advisors, wealth managers, and certified public accountants (CAs) to avoid tax issues and plan investments in everything from financial instruments and real estate to startups. “The general theme we have learned while working with content creators’ portfolios is that … Read more
There are several layers, from rent to sale to mortgage loans. For example, most of the rules that apply to a house or commercial property do not apply to land. If a landowner receives rent, lease or any other form of income from vacant land (without any buildings on it), that income is not considered … Read more
In India, health insurance remains optional and the healthcare system is divided into public and private sectors, with free healthcare services available only at government-run facilities in the public sector. Industry estimates reveal that the health insurance market is significantly underpenetrated with nearly 40 million people lacking health coverage. Lack of awareness, affordability issues and … Read more
There was a time, not long ago, when luxury handbags She made the loudest statement of status. If you wanted to say you had arrived, without using words to that effect, you simply bought yourself a luxury handbag, the cost of which onlookers could only guess would amount to a few hundred thousand. Things have … Read more
It is understandable that the acquisition of a Personal loan It is the last resort for many people. Whenever a salaried employee encounters financial problems, the first option that comes to mind is to apply for a personal loan. TO Personal loan It is an unsecured loan that can be processed without problems by applying … Read more
