GIFT City FundsThe charge is interest, not a flat fee. Finance charges in credit card appear when the full bill is not paid by the due date. Quick Answer..
Category: Financial Planning
Good financial planning is built on everyday decisions: how much life cover your family needs, what to do with an old insurance policy, how your provident fund and gratuity will be treated, and how you will fund retirement. This category collects our practical guides on those building blocks of personal finance.
Inside, you will find a guide to choosing a financial advisor for retirement planning in India, explainers on joint term insurance for couples, life policy surrender values and how to surrender a LIC policy, and the new gratuity rules for private sector employees. We also cover provident fund withdrawals and their tax treatment, the new tax regime slabs, how credit card finance charges are calculated and banking basics such as the cancelled cheque. For deeper tax topics, see our Tax Planning category.
Wealth Munshi, an AMFI-registered mutual fund distributor (ARN 141775) based in Hyderabad, helps NRI and HNI families put these pieces together through our financial planning service, insurance planning and goal-based investing.
Insurance, tax and retirement rules change over time, so check the current position for your own situation before acting.
New Gratuity Rules for Private Sector Employees
The act you were quoting is gone. The arithmetic that most people use is still valid. New gratuity rules for private sector employees mean the Code on..
How to Surrender a LIC Policy: Form, Branch, Time
Closing a policy is a branch file, not a swipe. The question: How to surrender a lic policy is answered with a number LIC will pay, then..
What Is a Cancelled Cheque: Uses, Writing, Apps
A cheque that can still be filled in is a payment tool. A cheque that says CANCELLED is a photograph of your account. That is the answer..
Financial Advisor for Retirement Planning in India
Retirement is a date and a monthly bill that will be changed by inflation. A financial advisor for retirement planning is helpful when the bill becomes a..
New Tax Regime Slabs for FY 2026-27 and AY 2027-28
The financial year starting on 1 April 2026 is the first full year under the Income-tax Act, 2025. What most salaried residents will be using is the..
Life Policy Surrender Value: GSV, SSV, Term vs ULIP
Premiums look like savings until you want them back. The cheque the insurer writes on an early exit is not what you paid or the sum assured…
Taxation on Provident Fund Withdrawal: EPF, PPF, TDS
The provident fund is three different pots under one search bar: the workplace EPF, the 15-year PPF and pension products people lump in as ‘PF’. Taxation on..
Joint Term Insurance Plan for Husband and Wife
Term plan is a promise to pay a sum assured in case the insured dies in the term. A joint term insurance plan for husband and wife..