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Torn between love and family: Can different backgrounds be overcome for love?

Kanchan

Kanchan Rai  |545 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jul 09, 2024

Kanchan Rai has 10 years of experience in therapy, nurturing soft skills and leadership coaching. She is the founder of the Let Us Talk Foundation, which offers mindfulness workshops to help people stay emotionally and mentally healthy.
Rai has a degree in leadership development and customer centricity from Harvard Business School, Boston. She is an internationally certified coach from the International Coaching Federation, a global organisation in professional coaching.... more
Asked by Anonymous - Jul 08, 2024Hindi
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I am in a relationship from last 2 years. We are very happy together. But when my parents came to know about us they apposed it as we both belong to different castes different social backgrounds i am from a upper middle class family and he is from lower middle class family. He made his career from scratch. I Don't want to hurt my parents by going against them. They always told me how much they care for me what they have done for me and all that i will ruin there reputation by getting married to him. On the other hand i love him so much , he is a very nice person he cares for me a lot and i know i will never be happy without him. What should i do.. nowadays i Don't feel like talking to anyone and my family thinks i dont love them and i am ignoring them which is not the case i just don't feel like talking. What should i do to convince them for us...?

Ans: Navigating this situation requires sensitivity and careful communication. Start by having an open and honest conversation with your parents. Explain your feelings and how much this relationship means to you. Emphasize the qualities that make your partner a good match for you, such as his care and commitment.

Acknowledge their concerns and express gratitude for their care and the sacrifices they've made for you. Reassure them that your love for them hasn't changed and that you value their opinions. Try to understand their perspective and address their worries about social status and reputation.

You might also consider arranging a meeting between your parents and your partner. This can help them see his positive attributes and understand why you love him. Show them how he has built his career from scratch, demonstrating his determination and resilience.

It's important to remain patient and give your parents time to adjust to the idea. Meanwhile, continue to express your love and respect for them, reinforcing that your decision is based on your happiness and future well-being.

Balancing your love for your partner and respect for your parents is difficult, but with open communication and patience, you can work towards finding a middle ground that respects everyone's feelings.

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Kanchan

Kanchan Rai  |545 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jul 21, 2024

Asked by Anonymous - Jul 20, 2024Hindi
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Hello, I'm in a relationship with a guy for last 2 years. We both stay in another country, and we met there. He is a PhD student and I'm a MBA student. We both are about to graduate from our respective courses. We both have a 7.5 years of age gap and he is from Kerala and I'm from Delhi. We both love each other, and are ready to fight for our relationship. He spoke to his parents, and they're very happy with us, but when I spoke to my parents, they made huge issues, and started saying, we will die if you marry him. We will die, you can take your pheras around our burning body. And they came up with some negative stories about him, which is not true. We both are very career oriented people, and respect each other decisions. I'm not saying, my parents won't have an issue, they will, since its about North-South India, also different cultures and Age gap. But they're bringing up issues, that I can't even mention here (political issues). I spoke to my parents first time face to face about this, and they said all that. To which I didn't argue, because I understood, whatever I say right now, they won't listen to me. I just told them, whatever you say, is okay. Can you please guide me with how to talk to them, and convince them?
Ans: When you next speak with your parents, choose a calm and private setting. Start the conversation by expressing your love and respect for them, acknowledging their concerns, and stating your commitment to understanding their perspective. Share your genuine feelings about your partner and the relationship, emphasizing the mutual respect, love, and career aspirations you both share.

Highlight the positive attributes of your partner, focusing on his education, values, and how he complements you. Address specific concerns your parents have raised, providing clear and respectful counterpoints to any false accusations or misunderstandings. If possible, arrange for them to meet him or speak with his parents, as this might help bridge cultural and regional gaps.

It’s important to be patient and give your parents time to process the information. They might need multiple conversations to come to terms with your decision. Lastly, consider involving a neutral third party, such as a trusted family friend or relative, who can mediate and provide a balanced perspective.

Your goal is to maintain a respectful and open dialogue, showing empathy towards their concerns while standing firm in your decision. This balanced approach can help gradually shift their perspective and foster acceptance.

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Kanchan

Kanchan Rai  |545 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 21, 2024

Asked by Anonymous - Sep 14, 2024Hindi
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I have been in a relationship with a guy since 10th grade its been 11 years now so we decided to tell our parents his family had no issues and he is currently in canada as a music student he has even started his own event management company but its still just beginning. My parents reacted in a healthy manner but the moment they came to know about inter caste and his financial status( not upto the mark) they had straight forwardly said no with alotbof drama and foul words even. Its been 9 months now im still waiting for them to agree but they are insisting me to move on and go for arrange marriage. I on the other hand belong to business family and has never done any job. But all this while i have cane to know i cant live without my parents or my bf and definitely not get marriaed to someone else. Please help me out what to do!
Ans: First, acknowledge that this situation requires careful navigation. Your relationship has stood the test of time, and clearly, you have strong feelings for your boyfriend, especially given that you've been together for 11 years. His dedication to pursuing his dreams in Canada and building his career in music and event management is admirable, even if his financial situation isn't yet stable. What you need to assess is whether you're willing to stand by him as he grows and whether you share the same vision for the future.

On the other hand, your parents’ concerns seem to stem from their desire for you to have a secure future, especially given your family's business background. They are likely looking for someone who fits into their worldview of stability, and this has led to their reaction when they learned about the inter-caste relationship and your boyfriend’s current financial situation. Their opposition is likely based on their love for you, but the drama and foul words, while hurtful, might reflect their frustration at feeling like they're losing control over your future.

You’ve expressed that you don’t want to lose either your parents or your boyfriend, and that’s where the conflict lies. In this case, the solution isn’t simple, but it can start with communication. It might be helpful to have an open, calm conversation with your parents—not to argue or change their minds immediately, but to help them understand your feelings. Let them know how much you value their opinion, but also explain why you love your boyfriend and why you believe in his potential. Sometimes parents need time to understand that relationships aren't only about caste or financial standing, but also about trust, love, and shared dreams.

At the same time, you might need to have a serious conversation with your boyfriend about your future together, especially given that he's still in the early stages of his career. Be honest about the pressure you're feeling from your family and make sure you're both on the same page about your long-term goals, including how you might handle financial challenges.

It's also important to remember that this decision is yours to make. You are in a unique position, being part of a business family, which means that you've likely been sheltered from certain financial realities. If you do choose to marry your boyfriend, the lifestyle may not immediately match what you’re used to. But if you're confident in his ambition and in the strength of your relationship, then that’s something worth considering as part of your future.

Lastly, while it’s painful to feel like you have to choose between two important parts of your life, it’s possible to work towards a solution that doesn’t leave you with regrets. Give your parents time to see your perspective, but also recognize that their acceptance might take longer than you’d like. In the meantime, staying true to what you value most in life—whether that’s love, security, or family harmony—will guide your decision-making process.

You might also benefit from seeking guidance from a neutral third party, such as a counselor or mediator, who can help you navigate these conversations with both your parents and your boyfriend. This way, you can approach the situation with emotional clarity and respect for everyone involved, including yourself.

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Latest Questions
Ramalingam

Ramalingam Kalirajan  |8009 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 19, 2025

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I have taken a floating home from Axis Bank for 30 lakh last year, with a interest rate of 8.5%, i have also prepaid 5 Lakh within five months, now i have an outstanding amount of arround of 24 lakh, as the RBI reduced the repo rate, Bank is refusing to reduce interest rate from 8.5% to 8.25%. please suggest what should i do now?
Ans: You took a floating-rate home loan from Axis Bank at 8.5% interest.
You prepaid Rs 5 lakh within five months, reducing your outstanding amount to Rs 24 lakh.
RBI reduced the repo rate, but Axis Bank refuses to lower your rate to 8.25%.
Why Your Interest Rate Is Not Reducing
Banks do not always pass repo rate cuts immediately to all borrowers.
Some loans are linked to MCLR (Marginal Cost of Funds Based Lending Rate), which adjusts slowly.
New loans might be under RLLR (Repo Linked Lending Rate), which reacts faster to RBI rate cuts.
Your loan agreement decides how and when rate cuts apply.
What You Can Do
1. Ask for a Rate Reduction
Request Axis Bank to switch your loan to an RLLR-based loan.
Banks charge a conversion fee, but it might save you lakhs in interest over time.
2. Compare with Other Banks
Check other banks' home loan rates for balance transfer options.
If a bank offers a lower rate, consider switching the loan.
Ensure the processing fee & charges don’t negate the benefit.
3. Negotiate with Axis Bank
If you have a good repayment record, negotiate for a lower spread or margin.
Mention that other banks offer better rates, increasing your bargaining power.
4. Make Partial Prepayments
If you have extra savings, consider small prepayments to reduce interest burden.
Prepaying reduces the principal, which lowers total interest paid.
5. Use a Home Loan Overdraft Account
Check if Axis Bank offers a home loan overdraft facility.
You can park surplus money and withdraw when needed, reducing interest payments.
Best Action Plan
Contact Axis Bank and request a switch to an RLLR-based loan.
Compare other banks for balance transfer options.
Negotiate for a lower spread if staying with Axis Bank.
Consider prepayments to reduce long-term interest costs.
By taking the right step now, you can save a significant amount on interest payments.

Best Regards,
K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |8009 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 19, 2025

Asked by Anonymous - Feb 18, 2025Hindi
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I have sold a plot worth for 1.85 cr... I have bought a plot worth 1.4 cr... can i keep the remaining in my saving account for house construction or do i put the balance amount in a cgas account
Ans: Since you sold a plot for Rs 1.85 crore and purchased another plot for Rs 1.4 crore, you have a balance of Rs 45 lakh.

Capital Gains Tax Implication
Long-Term Capital Gains (LTCG): If the plot you sold was held for more than 2 years, the profit is considered long-term capital gains (LTCG) and is subject to tax.
Tax Rate: LTCG on real estate is taxed at 20% with indexation benefit.
Reinvestment for Tax Saving: You can save tax by reinvesting the gains in a residential property under Section 54F of the Income Tax Act.
Can You Keep Rs 45 Lakh in a Savings Account?
No, if you intend to claim tax exemption under Section 54F, you cannot keep the balance amount in a savings account beyond the due date for filing your Income Tax Return (ITR).
If you don't invest in a residential house before filing your ITR, you must deposit the unutilized amount in a Capital Gains Account Scheme (CGAS).
You must use the CGAS amount within 3 years for house construction.
What Should You Do?
If You Are Constructing a House
Deposit Rs 45 lakh in a CGAS account before the due date of filing your ITR.
Use this amount within 3 years for house construction to claim full tax exemption under Section 54F.
If You Are Not Constructing a House
The Rs 45 lakh will be taxed as LTCG, and you must pay 20% tax (after indexation benefits).
Consider other tax-saving options, like investing in bonds under Section 54EC (with a 5-year lock-in).
Final Insights
If you plan to construct a house, deposit the Rs 45 lakh in a CGAS account before filing ITR.
If you don’t use this amount within 3 years, it will be taxed as LTCG in the year of expiry.
If you don’t want to construct a house, be ready to pay LTCG tax or invest in 54EC bonds for tax saving.

Best Regards,

K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Rajesh Kumar

Rajesh Kumar Singh  |62 Answers  |Ask -

IIT-JEE, GATE Expert - Answered on Feb 19, 2025

Rajesh Kumar

Rajesh Kumar Singh  |62 Answers  |Ask -

IIT-JEE, GATE Expert - Answered on Feb 19, 2025

T S Khurana

T S Khurana   |364 Answers  |Ask -

Tax Expert - Answered on Feb 19, 2025

Asked by Anonymous - Feb 18, 2025Hindi
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Money
My father started a business with his brother in XYZ name and got a Gala in Apmc in the same name where they shared 50-50% share in both business n property after my fathers death i was admitted in as a partner with same ratio after few years my uncle passed in his share to his son so as of now i and my cousin brother are partner the proerty was purchased 296200 in the year 1995 along with registration so 148100 was the share of each and now i want to leave the partnership and also to let go of my share in the premises for which my exixting partner will pay me 3750000 on or before 31.3.2025 I wanted to know how much capital gain tax will be for me if i do not invest secondly can i invest in residential property I would appreciate if guided Thanking you in anticipation
Ans: 01. Considering receipt of Rs.37,50,000.00 as Sale of your share in property/ premises, it would be LTCG in this case.
02. Amount of LTCG without Indexation is Rs.36,02,000.00 (Sale Rs.37,50,000.00 Less Cost Rs.148,100.00). Tax @ 12.50% is Rs.4.50 lakh app.
02. Amount of LTCG with Indexation is Rs.32.12 lakhs (Sale Rs.37,50,000.00 Less Cost Rs.5,37 lakhs {Index 100/363}). Tax @ 20.00% is Rs.6.40 lakh app.
03. You may go for the first option & plan your tax liability. You can invest in residential property to save LTCG tax.
04. Other option to save tax is to purchase Capital Gain bonds. However, investment in Real Estate is always better than other investment.
Most welcome for any further clarifications. Thanks.

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