WealthBox

Hindu Undivided Families (HUFs) have unique investment needs that require careful consideration to optimize their financial growth. Mutual Funds and Portfolio Management Services (PMS) are two prominent investment options available for HUFs. While Mutual Funds offer diversification, professional management, and liquidity, PMS provides customized portfolios, direct ownership, and potentially higher returns. HUFs must weigh factors […]

While the girl child has often had more dedicated saving schemes, there are also post office saving schemes available for the boy child in India. If you’re looking to secure your boy child’s future financially, these schemes are worth considering. Parents generally save money for their children for various reasons—marriage, health, education, career, or even

Confused about investing in Post Office National Savings Certificates (NSC)? Let’s uncover the essentials of NSC, covering eligibility, benefits, interest rates, and more. Financial literacy is often lacking in India, leading to financial struggles in the 30s or retirement. Developing an investment habit in your 20s is wise, as you can take more risks. While

Courts and tax authorities recognize a clear distinction between tax evasion and tax planning. While tax evasion is illegal and akin to a criminal activity, tax planning is a legitimate method to reduce taxes by correctly interpreting and applying tax laws. The Honourable Supreme Court, in the landmark case of Azadi Bachao Andolan (263 ITT

With interest rates in India being significantly higher than those in developed countries like the US, UK, and Canada, many Indians living abroad prefer to park their excess funds in India to earn a handsome return on their surplus money. To encourage Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) staying abroad to invest

Feeling overwhelmed by the world of investing? Don’t worry – you’re not the only one! This guide is here to slice through the confusion and reveal the stock market’s hidden treasures. Learn how to become a savvy investor, snagging slices of ownership in businesses you admire (or maybe just tolerate), and potentially watch your money