Meghna Maiti

The HUF is not something new. It is a centuries-old legal structure that treats an entire family as one financial unit—one entity, one PAN, one pool of assets.

An early purchase of an insurance policy allows young people to get through their applicable waiting periods sooner—very helpful if an individual's health deteriorates over time

If the amount spent on a drug exceeds the reimbursement limit amount, there will only be a partial reimbursement for the amount spent Photo: AI

So, as per new labor laws, FTEs will now become eligible for gratuity after just one year of continuous service, instead of the old five-year requirement that still applies to regular permanent employees

New labour codes may allow fixed-term employees to get gratuity after one year, while revised wage rules could raise PF and retirement payouts

The priority for anyone not having any regular income is to ascertain their fixed expenses, as these are unavoidable.

In some instances, “unlimited” means that you'll have unlimited coverage, but only after you reach a certain threshold or if you are hospitalised in a provider network that has been approved

Summary of this article NRI life insurance policies remain valid after moving abroad NRIs must update residency status for seamless policy servicing

Summary of this article Presumptive taxation simplifies ITR filing for freelancers and small businesses

Summary of this article Side income from freelancing, YouTube, consulting must be reported Business expense claims may require ITR-3 instead of ITR-1