Financial Planning

3 Convenient Ways to Invest in NPS

3 Convenient Methods for Investing in NPS, Convenient Methods for Investing in NPS, Direct Remittance (D-Remit) in NPS, e- NPS, National Pension Scheme, NAV, NPS, Point of Presence Service Provider (POP-SP) Leave a Comment

Investing in NPS (National Pension System) offers the dual benefit of securing retirement while leveraging tax savings. With features such as market-linked returns, the freedom to choose between asset classes, and tax-saving additional benefit of up to ₹50,000 on annual investments (Via Old Tax Regime) in Tier 1 accounts, NPS has emerged as a popularRead More

Comprehensive Guide for First Time Home Buyers

by Madhupam Krishna

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Buying your first home is a significant milestone. For many, it represents the culmination of years of hard work and careful planning. However, turning this dream into reality requires more than just enthusiasm—it demands financial discipline, diligence, and a clear understanding of the home-buying process. Since most First Time Home Buyers purchase a home onlyRead More

Financial Planning for Merchant Navy Sailors

by Madhupam Krishna

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Last week we wrote on the taxation aspect of the Merchant Navy & Seafarers community. The response had one thing in common – how can the process of investment start? Well, like other investors it starts with something called – Financial Planning. So this time let us cover the important topic – Financial Planning forRead More

Union Budget 2025 Impact on Tax & Investments

by Madhupam Krishna

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The Union Budget 2025 unveiled on 1 February 2025 has been responsive, and rightly so. As the Finance Minister stated, it is on the path to accelerating growth and boosting middle-class consumption through lower tax rates. There are many key provisions which will impact the way we pay tax, save money & invest it. HereRead More

How an Incapacitated Can Access Mutual Funds & Demat

by Madhupam Krishna

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In an unfortunate turn of events, an accident may make a person incapacitated and he may not be in a position to sign or make himself available to withdraw his investments. This money may be required for further treatment or some family needs. SEBI, on Jan 10, 2025, came up with the answer and ProcessRead More

Successive Nomination & Simultaneous Nomination

by Madhupam Krishna

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The Indian Parliament recently passed the Banking Laws (Amendment) Bill, 2024, marking a significant overhaul of the country’s banking regulations. This bill was introduced on August 9, 2024, and passed by the Lok Sabha on December 3, 2024. Now it will be an ACT when the president signs it. Key Changes Proposed – Definition ofRead More