A Hindu Undivided Family (HUF) and the assets it may own are two separate concepts. An HUF comes into existence automatically when there are two or more coparceners (family members entitled to inherit), but it’s not necessary for the HUF to own any property or assets. In essence, joint family status under Hindu law arises […]
Understanding Ownership and Succession of HUF Assets Read More »
Reader Query:I want to build an education fund of ₹20 lakh over the next 12 years for my child’s higher studies. I’m considering child insurance plans since they offer tax benefits and premium waivers in case of unforeseen events. But my wife feels they are costly and suggests SIPs in mutual funds instead. What’s the
New Delhi [India], June 5 (ANI):India’s surging economy and robust stock market haven’t translated into personal financial success for many High Net-Worth Individuals (HNIs), a new survey finds. According to the India Wealth Survey 2025, jointly conducted by Marcellus Investment and Dun & Bradstreet, a surprising number of wealthy Indians are falling short in key
Whether you’re just beginning your investment journey or are a seasoned investor exploring diversification, picking the right instruments can often feel overwhelming. One such investment option that stands out for its safety and simplicity is gilt funds. Here’s a quick and easy explainer to help you understand gilt funds better: What Are Gilt Funds? Gilt
Starting your investment journey in your 40s may feel like you’re late to the game—but the truth is, it’s far from too late. With a thoughtful strategy, the right mindset, and professional guidance, you can still build substantial wealth and retire comfortably. Most people in their 40s are at the peak of their earning potential.
Started Investing in Your 40s? Keep These 5 Critical Things in Mind Read More »
When a borrower passes away with a personal loan still outstanding, their family members are often left grappling with both emotional grief and financial uncertainty. One of the key concerns during such a time is understanding who is responsible for repaying the loan and what legal and financial steps need to be taken. This article
