FinAtoZ Blog

From baby steps to big milestones, navigate the financial journey of parenthood with our expert tips on budgeting, saving, and planning for your child's education and future milestones.

Looking to invest in India smartly? GIFT City gives NRIs tax breaks, easy repatriation & direct access to India’s growth story. In this blog, discover why NRIs should use GIFT City to invest in India. Explore its tax benefits, repatriation ease, and India-focused investment options like AIFs, bonds, and insurance — all under a globally compliant IFSC framework.

Most Indians move through life without a clear financial roadmap only one in four actively plans for retirement. Financial planning provides that roadmap, helping you balance income and expenses, set goals, create emergency funds, manage risks, and build long-term wealth. Its objectives include goal setting, optimal fund use, risk management, tax planning, and wealth preservation. Different types like investment, retirement, tax, or insurance planning ensure comprehensive coverage for life’s uncertainties. Ultimately, financial planning isn’t just for the wealthy; it’s for anyone who wants stability, security, and peace of mind.

Only 3% of people invest in mutual funds, and while some earn great returns, many struggle to break even. The difference lies in making the right investment decisions. Investment decisions involve choosing where, when, and how much to invest across options like equities, bonds, real estate, or mutual funds to maximize returns while balancing risks. Factors such as goals, risk tolerance, time horizon, liquidity needs, diversification, taxes, and even psychological influences play a key role. By following a structured process setting goals, evaluating risks, analysing options, allocating funds, and monitoring regularly you can make smarter investment decisions. In today’s dynamic market, informed choices are essential for long-term financial growth and stability.

Gratuity is a statutory retirement benefit given by employers as a token of appreciation for long-term service. While government employees enjoy full tax exemption on gratuity, private sector employees can claim exemption up to ₹20 lakhs under Section 10(10) of the Income Tax Act. The taxable portion depends on whether the organisation is covered under the Payment of Gratuity Act, 1972, the employee’s salary, and years of service. Proper understanding of gratuity rules and limits can help in financial planning, especially for retirement.