HUF or Hindu Undivided Family is an entity formed under the HUF Act which can act as a separate tax entity different from its members. The members of a family – father, mother, and child can form a HUF with the help of their CA. The HUF is like a company in the sense that […]

What are Sovereign Gold Bonds? Sovereign Gold Bonds are bonds issued by the government and┬ábacked by gold. They are available in denominations of 2, 5, and 10 grams of gold and have a tenure of 8 years. These bonds can be bought and sold on exchanges and are a good way to invest in gold […]

When you talk about tax saving, normally people talk about ELSS mutual funds, tax saving deposits, PPF, EPF, etc. But these are well known, and most people are conversant about these instruments. However, there is a secret instrument that nobody discusses or talks about. This is the voluntary provident fund (VPF) which is available to […]

Life Insurance is one of the most important things to do in personal finance. In fact, many financial advisors say that life insurance should be one of the first things you should do when you start your personal finance journey. However, considering life insurance as an investment option is one of the biggest mistakes we […]

Equity saw a tepid low single-digit return in 2022 mostly because the market remains in the high valuation zone. Also, with FD returns touching nearly 7%-8%, equity looks less appealing. However, that being said, some sectors should do well going forward. Let’s have a look: i) Industrials should do well in 2023 supported by the […]

Income makes little sense if not invested properly. After all, investment helps your money grow. We have a lot to take care of, and on top of that is the income tax which takes away a significant chunk of your income. People are always brainstorming about where to invest their money and are weighing the […]