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 […]

It is said that there is no free lunch in finance. However, asset allocation is one way where you can reduce your risk and improve returns. So let us go¬†ahead with the first principles and understand what an asset is. An asset is typically a resource that can generate cashflows when sold. There are many […]

Health Insurance is insurance that covers the medical expenses of a person. It is an essential insurance cover in personal insurance along with life insurance. Since health is a non-negotiable essential requirement as high medical expenses in case of sickness or injury can economically ruin a person or a family. To mitigate this risk, health […]

Debt is a good investment asset for investors in 2023 with central banks hiking interests at a record level in 2022. Indian investors can easily get 7.5-8% in most large banks in India for a duration of 2-3 years. Here we explain FDs as a debt asset. A fixed deposit (FD) is a type of […]

What are Sovereign Gold Bonds? Sovereign Gold Bonds are bonds issued by the government and¬†backed 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 […]