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 The post Comprehensive Guide for First Time Home Buyers is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more

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 The post Financial Planning for Merchant Navy Sailors is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more

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 The post Union Budget 2025 Impact on Tax & Investments is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more

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 The post How an Incapacitated Can Access Mutual Funds & Demat is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more

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 The post Successive Nomination & Simultaneous Nomination is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more

NRIs have properties in India. These properties are either inherited or self-acquired. They buy houses for investment purposes or for self-occupancy when they are in India. Most NRI rent the property but what about Rent Income? What will be the Taxation of NRI Rent Income? Let’s check this today… When an NRI is abroad heRead More The post Taxability of NRI Rent Income is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more

What is Remittance? Remittance is the process of transferring money from one person to another, often across international borders. It’s a lifeline for many families, helping them cover essential expenses like food, education, and healthcare. For countries like India, remittances are a significant source of income, boosting the economy and improving the quality of lifeRead More The post Remittance & Remitting Money to Family in India is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more

NPS Vatsalya is a unique financial instrument targeting long-term savings for minors, providing a structured path to build a retirement corpus for children. This scheme will be regulated and overseen by the Pension Fund Regulatory and Development Authority of India (PFRDA). Here’s a concise overview of the scheme and how it compares with other investmentRead More The post NPS Vatsalya – Pros & Cons is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more

For Non-Resident Indians (NRIs), managing wealth and investments back home can be challenging due to geographical distance, differences in regulations, and dynamic market conditions. A skilled NRI wealth manager based in India can be invaluable in navigating these complexities and meeting financial goals. Here’s a guide to help NRIs choose NRI Wealth Manager back inRead More The post Selecting NRI Wealth Manager Back in India? is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more

An Initial Public Offering or IPO is a process in which a privately held organization makes the firm’s shares available to the general public for purchase. But how are IPO Shares allotted? Why IPO application get rejected and we do not get an allotment? What could be the reason for not getting an IPO allotment?Read More The post Math Behind IPO Allotment is written by Madhupam Krishna appeared first on the TheWealthWisher (TW2 ..read more