NRIs should buy term insurance cover in the country of residence

This article was first published on livemint. As an NRI, should I invest in assured long-term saving plans with life cover or mutual funds? Let me come to one of the basic tenets of personal finance—you should not mix investment and...

I am 30+ but have Made no Investments

When you turn 30, priorities change. You may have a family to look after and your current salary might not exactly pay the bills for your ideas of a comfortable future. Let’s avoid any untoward situation with Upwardly. How? We...

Investing 101 for your 20s

When you’re in your 20s, saving and investing money are probably the last things on your mind. You’ve got your first job, and all you want to do is spend your salary on parties, gifts and dinners. But the secret...

FATCA doesn’t prohibit NRIs from investing in mutual funds in India

This article was first published on livemint. I am an NRI and have been told that I can’t invest in mutual funds in India because of Foreign Account Tax Compliance Act (FATCA). Is that true? If yes, what is the next...

The Secret Trick of Investing that No One talks about

Looking to park your money in a safe investment product with the low risk of fixed deposits and yet gives you better returns? All through your childhood, your parents probably told you to save for your future. Which is what you...

ELSS tax benefits are available for both Indian residents and NRIs

This article was first published on livemint. Are there any tax-saving advantages in NRI mutual funds? Equity-linked saving schemes (ELSS) allow tax saving under Section 80C of the Indian Income Tax Act. An investment of up to ₹1.50 lakh in ELSS...

Taking a long break from work? Plan for the money well in advance

This article was first published in Moneycontrol. How frequently do you ponder about leaving your Nine-to-five routine and enjoying things that you have always wanted to do? It may be a three-month vacation, signing up for a course, pursuing a business...

5 Top Rules for Retirement Saving

5 top rules for retirement saving Retirement saving is a lifelong process. It sounds daunting to many, especially since the event is years away but it is unavoidable. However, by adhering to some simple rules, an effective retirement plan can...