FINANCIAL PLANNING


Moneylife Digital Team 01 July 2025
The Reserve Bank of India (RBI), in its latest financial stability report (FSR), has raised a red flag on the shifting composition of household debt, noting that a growing share of borrowings is being used for consumption rather than asset creation. As of March 2025, RBI says non-housing retail...

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Moneylife Digital Team 27 June 2025
In response to a worrying increase in requests for help, Moneylife Foundation has launched a new online credit counselling service to provide early-stage guidance to individuals facing personal debt distress. The initiative is accessible to people across India and offers one-time, initial...

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Moneylife Digital Team 24 June 2025
Over the past three years, India’s retail credit market has been undergoing a gradual but unmistakable transformation, marked by evolving consumer behaviour, a recalibration of lender strategies and a shift in risk appetite. The June 2025 Credit Market Indicator (CMI) report  released by...

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Vijay Jadhav (IndiaSpend) 20 June 2025
In a decade to 2023-24, the structure of Indian households’ financial savings has changed. Deposits still hold the lion’s share, but instruments such as stocks, small savings and government bonds, and provident and pension funds have seen a rise in popularity.   Similarly, while banks...

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Moneylife Digital Team 25 April 2025
In a significant move to improve service delivery and reduce member grievances, the employees' provident fund organisation (EPFO) has revamped its provident fund (PF) transfer process and introduced a new facility for employers to generate universal account numbers (UANs) in bulk without...

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Moneylife Digital Team 26 March 2025
The Supreme Court (SC) has ruled in favour of NP Ponnamma in a prolonged family property dispute against her brother, NP Saseendran, affirming her legal ownership of the contested land. The judgement, delivered by a bench of justice JB Pardiwala and justice R Mahadevan, upheld the Kerala High...

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Sponsored Post 30 January 2025
In the world of finance, knowledge is power, and when it comes to investing in Fixed Deposits, having access to accurate and reliable information is the key to making confident choices.   This is where FD Calculators come in, providing you with a clear and concise picture of your investment’s...

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There is a plethora of court decisions interpreting various aspects of the Hindu Succession Act, 1956 (HSA) and with many contradictory findings.   None is more vexatious than the interpretation of the implications of the amendments introduced in 2005 that provided equal status to daughters...

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The death of a loved one is a universally painful experience. In India, the confusion around transmission of assets renders the process of claiming one’s inheritance even more painful, especially when the deceased is the bread-winner of a family who has not made a Will or been careful about...

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In August 2022, the Supreme Court (SC) first issued notices on a public interest litigation (PIL) that noted senior counsel Prashant Bhushan had helped me file on the need for a centralised database to pay back unclaimed funds lying dormant in pools with various financial regulators and...

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This time, I want to air some thoughts on the wealth that you accumulate over a life time and how to ensure that it is correctly distributed after your demise, if you do not want it to go into government coffers.    You may also want to ensure that your heirs do not have to spend time...

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Moneylife Digital Team 08 June 2023
While allowing the eviction of a seller, who accepted full payment and gave a memo of possession to the buyer, the Supreme Court clarified that a Will or general power of attorney (GPA) cannot be recognised as title documents or documents conferring right in any immovable property, and...

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Around 74% of Indians are concerned about their personal financial situation, as opposed to 50% globally, while 63% of Indian consumers are cutting back non-essential spending altogether, a new report said on Thursday.   According to the "2023 PwC Global Consumer Insights Pulse"...

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Dr Nita Mukherjee 09 April 2022
Small amounts clearly add up to a lot for the banking system leading to a policy of denying part of the interest benefit of investors. While investor organisations advise people to make it a point to deposit their public provident fund (PPF) contribution before the 5th of April, in order to...

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The proposal to cut the interest rate on employees' provident fund deposits was dictated by today's realities where returns on other small saving instruments were even lower, Union finance minister (FM) Nirmala Sitharaman told the Parliament on Monday.   The central board of...

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S Nag 24 February 2022
The ongoing fiasco at the National Stock Exchange (NSE) is testimony to the blatant disregard of sound corporate governance practices in institutions, which are allowed to function as closed entities, despite being instrumental in decisions and actions that have immense national as well as...

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I face some interesting questions from younger people about how to create a savings and investment strategy. That has set me thinking. Everyone’s end goal is the same—build a pool of savings and investment that will work for you once you stop working. But each one is differently wired and...

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One outcome of the devastating, once-in-a lifetime pandemic is a grim realisation about our lack of preparedness for unexpected tragedies. Those who have lost loved ones over the past 20 months had to run the harrowing gauntlet of succession issues, while trying to come to terms with their...

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IANS 06 September 2021
People with Employees' Provident Fund and Voluntary Provident Fund (VPF) contribution of over Rs 2.5 lakh per financial year will now have two separate PF accounts.   Finance Minister Nirmala Sitharaman had announced, in this year's budget, that PF contribution of more than Rs 2.5...

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At a time of low interest rates and rising inflation, it is natural for money to seek higher returns. Every asset class has its own risks and some may have liquidity issues as well. We need to understand these risks and assess our risk appetite in money terms before venturing into new...

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