Planning for Children’s Higher Education
TheWealthWisher - Personal Finance & Financial Planning
by Madhupam Krishna
1M ago
Education is the key to unlock the world and a passport to freedom, to be an independent person and is one element that helps earn respect and the most essential ingredient for a person’s successful Life. Every parent would want to give their child the best when it comes to schooling and education so thatRead More The post Planning for Children’s Higher Education is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more
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Interim Budget 2024 Highlights
TheWealthWisher - Personal Finance & Financial Planning
by Madhupam Krishna
2M ago
Budget 2024 … No Change & Rest We May see in MAY 2024… after the elections… Budget 2024 – “As for tax proposals, in keeping with the convention, I do not propose to make any changes relating to taxation and propose to retain the same tax rates for direct taxes and indirect taxes including importRead More The post Interim Budget 2024 Highlights is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more
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Should you become a Loan Guarantor?
TheWealthWisher - Personal Finance & Financial Planning
by Madhupam Krishna
3M ago
Sometimes your friend or family may approach you to become a guarantor of the loan. Should you go for it? Any problems being a credit guarantor? Mostly, a loan guarantor is required for unsecured loans. These loans are unsecured means apart from documents, no property or assets are kept as mortgages for the loan. ButRead More The post Should you become a Loan Guarantor? is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more
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Which is better – Sensex or Nifty?
TheWealthWisher - Personal Finance & Financial Planning
by Madhupam Krishna
3M ago
It has always been a question in the minds of investors if there is a return difference between Sensex and Nifty. Thank god… now we have 25-plus years of data to know Which is better Sensex or Nifty? Both have created a new milestone this month (Dec 23). Sensex crossed the 70000 mark and NiftyRead More The post Which is better – Sensex or Nifty? is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more
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Reasons for Insurance Claim Rejection
TheWealthWisher - Personal Finance & Financial Planning
by Madhupam Krishna
4M ago
Facing a situation where your insurance claim got rejected or denied…it can be frustrating and confusing. However, it’s crucial to remember that Insurance Claim Rejection can happen for various reasons, and understanding them can help you navigate the process effectively. In this article, we will explore common reasons why insurance companies reject claims and provideRead More The post Reasons for Insurance Claim Rejection is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more
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How Parents Can Reduce TCS on Foreign Remittance on Education
TheWealthWisher - Personal Finance & Financial Planning
by Madhupam Krishna
4M ago
We all know, that starting October 1, 2023, the new TCS (Tax Collected at Source) has increased for remitting money abroad from India under the Liberalized Remittance Scheme (LRS). These will increase the burden of TCS on Foreign Remittance on Education. Is there a way out to minimize this tax burden by proper planning orRead More The post How Parents Can Reduce TCS on Foreign Remittance on Education is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more
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How Travellers Can Reduce TCS on Foreign Remittance on Tour Package
TheWealthWisher - Personal Finance & Financial Planning
by Madhupam Krishna
4M ago
This is part 2 of the series – How increased TCS Rates Impact can be reduced on Remittance under LRS? We already discussed how parents of kids studying abroad can reduce the burden of increased TCS (Tax Collected at Source) through proper planning of remittance. Here we will discuss how travelers can reduce the TCSRead More The post How Travellers Can Reduce TCS on Foreign Remittance on Tour Package is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more
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Add-on Covers for Car Insurance
TheWealthWisher - Personal Finance & Financial Planning
by Madhupam Krishna
5M ago
A crucial component of proper car ownership is car insurance. In the event of accidents, theft, or damage to your vehicle, it offers safety and financial security. Add-on Covers for Car Insurance, commonly referred to as riders or endorsements, extends a car insurance policy’s basic coverage. In this article, we shall go a little deepRead More The post Add-on Covers for Car Insurance is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more
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NRI Term Insurance Plan
TheWealthWisher - Personal Finance & Financial Planning
by Madhupam Krishna
5M ago
Life is full of uncertainties and everyone wants to secure their family and their children’s future. NRIs are no different & they can also avail of NRI Term Insurance Plan in India. NRI Term Insurance Plan secures the future of your loved ones. Every Indian citizen and NRI is also eligible for this protection. TermRead More The post NRI Term Insurance Plan is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more
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Concept of Beneficial Nominee in Insurance
TheWealthWisher - Personal Finance & Financial Planning
by Madhupam Krishna
6M ago
When unexpected events occur, insurance is a crucial financial tool that gives people and families financial stability and peace of mind. The idea of a “Beneficial nominee in Insurance” is essential to ensure that the intended benefits of the policy are granted to the appropriate recipient. This is more prominent in Life Insurance. Imagine aRead More The post Concept of Beneficial Nominee in Insurance is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more
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