The differences between the two models are significant. The investment amount is the most obvious disparity, potentially pricing out a large segment of individuals who might have considered the EB-5 program. The emphasis on job creation, a cornerstone of EB-5, also appears to be absent in the initial outline of the gold card.
There is no alternative to open and honest conversations based on facts. Many households pussy-foot around the problem and assume that they must live with the differences, fighting every flare-up, and suffering the consequences of sub-optimal decisions. Financial conflict resolution needs conversations more than complaining.
Managing one’s financial life can be overwhelming, considering the multiple tasks one needs to fulfil—planning investments, meeting tax deadlines, paying premiums, managing paperwork, and keeping up with the budget. Missing key dates can lead to penalties, lost opportunities, or financial missteps. In the new financial year, here's a handy calendar for you to help you stay proactive, build financial security, and avoid last-minute stress.
The PFRDA has introduced the Unified Pension Scheme (UPS) for central government employees, effective April 1, 2025. It offers a guaranteed minimum payout of Rs 10,000 per month, subject to employees making a contribution of 10% of their basic pay and Dearness Allowance every month. Read on to know more about the eligibility, enrollments, investment choices, and withdrawal conditions detailed in the new regulations.
The National Pension System (NPS) is crafted to provide retirees with a steady financial foundation. It combines market-linked returns with appealing tax benefits under Section 80CCD. With two account types and a streamlined online platform, NPS simplifies retirement planning while ensuring long-term wealth growth.
India's financial literacy rate among women is alarmingly low at 21%, adversely affecting their financial independence and decision-making. Women must overcome societal norms and take proactive decisions when it comes to investments, negotiate fair salaries, and understand their inheritance rights. Reducing their dependency on others for managing finances and taking active charge of their own money can help Indian women achieve greater economic stability and empowerment.
Financial secrecy and unilateral decision-making can erode trust in a relationship, leading to misunderstanding and insecurity. Establish transparency, mutual respect, and shared responsibility when it comes to financial matters, so you can build a strong financial foundation and avoid resentment. At the same time, make sure you do not impede too much into each other's financial autonomy.
Research industry standards and also how much your company is offering for similar roles. Provide a salary range instead of a fixed amount, so that there is room for honest discussion. Highlight your strengths and achievements that justify the desired compensation.
