Having inadequate emergency fund or insurance , or not investing for your child’s future can spell disaster for your little one..Take a quiz to find out if you are ready to become a father, financially. Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
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Opinion | Father's Day: 5 things that can make your financial journey smoother
The key is to build the right financial habits and stick with them through thick and thin Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreFather's Day: How single fathers can strike a balance
Taking care of a child, emotionally and financially, can be taxing.While juggling between the roles of a mother and a father, gaining control over your emotions and finances is a must Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreFather's Day: Family's eldest member, typically the father, heads HUF
Under Section 2(31) of the Income-tax Act, 1961, an HUF is considered a ‘person’ and, therefore, is treated as a separate entity for the purpose of tax assessment.An HUF is taxed on the same slab rates that are applicable to an individual income tax assessee Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreFather's Day: Help your parent go digital, financially
Make sure you warn your dad about phishing apps and tell him how not to expose financial data to fraudsters.This Father’s Day, here’s how you can help your dad adapt to new technology and use it to his advantage Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreFather's Day: Dad, don’t throw a money googly
Four tips to set you, as a father, on the right path when it comes to kids and finances.You are not doing enough if you are saving but not investing wisely… if it’s too much of an ask, work with a planner Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreSBI’s repo rate-linked home loan decoded
To be eligible to take a repo rate-linked home loan, you need to have a minimum annual income of ₹6 lakh.The total loan tenor cannot exceed 35 years. The bank will charge a premium of 20 bps above applicable interest rate if the loan-to-value is greater than 80% Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreHow to make credit score work for you
If used carefully, borrowing can be a healthy habit to build a good credit score. But you need to pay on time.In later stages of your life when you apply for bigger loans with lower interest rates or credit cards with higher limits, make sure you don’t have a zero credit history Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreOpinion | Planning higher education for your little one
Like most other goals, a high quality education goal(s) can be achieved, with the right planning, discipline and execution Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreEPF advance: Check how much money you can withdraw from your PF account
An EPFO subscriber can take non-refundable PF advances during the service period for s purposes.Under the Provident Fund scheme, you can take both refundable and non-refundable loans Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
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