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Anu

Anu Krishna  |1503 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Mar 03, 2023

Anu Krishna is a mind coach and relationship expert.
The co-founder of Unfear Changemakers LLP, she has received her neuro linguistic programming training from National Federation of NeuroLinguistic Programming, USA, and her energy work specialisation from the Institute for Inner Studies, Manila.
She is an executive member of the Indian Association of Adolescent Health.... more
Subhash Question by Subhash on Mar 01, 2023Hindi
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Relationship

Mam, I am retired father in law and financial well off. My son got married five years back. It is arranged marriage through matrimony. My son and daughter in law are both post degree qualified and well placed and staying with us. We tried asking for some money from both of them for monthly family expenses after two years of marriage which daughter in law refused and said you want dowry in this form, she record conversations, threat us of stree mukti, of police complaint , object our daughter visiting our place, blames us etc. Very often, she fight with her husband as well. We are only in reactive mode every time and accommodate her. Nowadays, she has started demanding the money spent by her mother in marriage and frequently leave our house and stay with her mother. We are afraid that she does not fake complain and harrasss us. Does not have any respect to relation, relatives, isolated /self centric, high ego and make other irritate type of personality, thinks of herself, does not believe that there is world outside. Please advise.

Ans: Dear Subhash,
Since I only have your version of the story, I can only assume that you are going through a rough patch. But I do believe it takes two sides in any story. Why is it that your daughter-in-law wants to all of a sudden behave this way? Were things fine in the initial years of marriage?
Why the sudden demand of money from you when you say that she is well-placed? Surely something seems amiss here.
Anyway, it is worrisome when your own people behave in this way. You are also justified in feeling that she may make a false complaint. Where is your son's mind in this matter? I think he should also be worried about the way things are changing. Is he unable to or has he tried to talk to his wife? At this point, let no one else interfere and let him be the sole person to deal with her.
He knows the challenges at home and will know what to do. So kindly request your son to step in (if he hasn't already done that) and sort this out in the most amicable manner. This first step will then determine the future course of action.
Having said this, I do want the family to recall if there has been any instance that has triggered your daughter-in-law to act this way. That will give you an idea to proceed in the right direction.

Best wishes!

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Relationships Expert, Mind Coach - Answered on Sep 11, 2023

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I am 64, retired living in own house together with wife, son and daughter -in law for last five years. Both, son and daughter are professionally qualified, well placed and earn good. The daughter - in law out of last five years stayed away for half the time for one reason or the other at her mother place. She is very egoistic and arrogant and fight with everyone in family for no great reason including, son and my married daughter whenever she comes to our place to meet us. She has an objection her coming to our place. She has ones threatened us of complaining to police and women organization, Stree Mukti Sanghatana. She makes mountain out of anthill every time so we have stopped talking to her. The couple is staying with us, we bear all family expenses and don't expect even a penny from both son and Daughter in - law as ,when ones money of Rs. 15 K was asked to, she refused and made an allegation that we want dowry in this form . Son help us with some monthly expenses every month. She is staying alone away from us for more than 6 months now. My son is also tired of her behavior. We even have approached her mother, she also keep hand on deaf ears as she also does not listen to her and one brother. Please advice, what do we do in the circumstances?
Ans: Dear Subhash,
Kindly convey to your son and daughter-in-law that they live in a separate house. (This is a suggestion but you know your family better; so act accordingly). This will not only give them the space but will also keep finances separate between you and your son. Sometimes a joint family system does not work for all families and this space of separation can help resolve differences or bring the emotions to a neutral place. Either case, at least you and your wife need not go through stress everyday.
Distance helps bring people together and too much of familiarity is only making it worse. Do try this and hope things settle soon.

All the best!

..Read more

Anu

Anu Krishna  |1503 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 11, 2023

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Relationship
I am 64, retired living in own house together with wife, son and daughter -in law for last five years. Both, son and daughter are professionally qualified, well placed and earn good. The daughter - in law out of last five years stayed away for half the time for one reason or the other at her mother place. She is very egoistic and arrogant and fight with everyone in family for no great reason including, son and my married daughter whenever she comes to our place to meet us. She has an objection her coming to our place. She has ones threatened us of complaining to police and women organization, Stree Mukti Sanghatana. She makes mountain out of anthill every time so we have stopped talking to her. The couple is staying with us, we bear all family expenses and don't expect even a penny from both son and Daughter in - law as ,when ones money of Rs. 15 K was asked to, she refused and made an allegation that we want dowry in this form . Son help us with some monthly expenses every month. She is staying alone away from us for more than 6 months now. My son is also tired of her behavior. We even have approached her mother, she also keep hand on deaf ears as she also does not listen to her and one brother. Please advice, what do we do in the circumstances?
Ans: Dear Subhash,
Kindly convey to your son and daughter-in-law that they live in a separate house. (This is a suggestion but you know your family better; so act accordingly). This will not only give them the space but will also keep finances separate between you and your son. Sometimes a joint family system does not work for all families and this space of separation can help resolve differences or bring the emotions to a neutral place. Either case, at least you and your wife need not go through stress everyday.
Distance helps bring people together and too much of familiarity is only making it worse. Do try this and hope things settle soon.

All the best!

..Read more

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Ramalingam Kalirajan  |7953 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 13, 2025

Asked by Anonymous - Feb 13, 2025Hindi
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Money
Why do Debt Funds offer lower returns as compared to Equity Mutual Funds?
Ans: Debt funds and equity mutual funds serve different purposes in an investor's portfolio. Debt funds offer stability and lower risk, while equity mutual funds focus on high growth with higher risk.

Below are the key reasons why debt funds provide lower returns than equity funds.

1. Nature of Underlying Investments
Debt funds invest in bonds, government securities, corporate debt, and fixed-income instruments.

These instruments provide fixed interest, leading to predictable but lower returns.

Equity mutual funds invest in company stocks, which have the potential for higher capital appreciation over time.

2. Risk-Return Tradeoff
Lower risk means lower return potential in debt funds.

Debt investments focus on preserving capital rather than aggressive growth.

Equities are volatile, but over the long term, they tend to generate higher returns.

3. Interest Rate Sensitivity
Debt fund returns depend on interest rate movements in the economy.

Rising interest rates reduce bond prices, lowering returns in debt funds.

Equity funds are less impacted by interest rate changes and benefit from economic growth.

4. Inflation-Adjusted Returns
Debt funds often fail to beat inflation in the long run.

Equity investments provide inflation-adjusted growth due to rising corporate earnings.

Holding equities for longer durations results in compounding benefits.

5. Growth Potential
Equities represent ownership in businesses that expand over time.

Business growth translates to higher share prices and higher returns.

Debt instruments provide fixed interest, which limits potential upside.

6. Tax Efficiency
Equity mutual funds enjoy lower long-term capital gains (LTCG) tax rates compared to debt funds.

Debt fund gains are taxed as per the investor’s income tax slab, reducing post-tax returns.

This tax treatment makes equities more attractive for long-term wealth creation.

7. Market Performance
During economic growth, companies generate higher profits, leading to higher equity returns.

Debt fund returns depend on interest rate cycles, making them less rewarding in growth periods.

Equities have historically outperformed debt over longer durations.

Finally
Debt funds provide safety and stability but offer lower returns.

Equity mutual funds outperform over time due to business expansion and compounding.

A well-balanced portfolio should include both debt and equity, based on financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

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Harsh

Harsh Bharwani  |75 Answers  |Ask -

Entrepreneurship Expert - Answered on Feb 13, 2025

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Career
Sir I am a Engineer by profession snd working in Qatar. Same time i had Cost accountant Degree and passed out way back at 2009. After that no touch with Cost Accounts. Now i am 48 yrs and after few yrs i want to move back to India. But that time if want open a cost accounting firm, what would be the best move i can do to open the consulting firm?
Ans: Hello Mr. Heman,
Reestablishing your career in cost accounting and setting up a consulting firm in India requires careful planning. Start by updating your knowledge through ICAI’s continuing education programs, industry seminars, and professional courses to stay current with evolving regulations and industry practices. Reactivating your ICAI membership and obtaining a Certificate of Practice (CoP) is essential to offer consulting services legally. While still in Qatar, gaining practical exposure by offering freelance or part-time cost auditing or GST advisory services to Indian firms will help establish credibility.

Next, choose a suitable business structure - Sole Proprietorship, LLP, or Private Limited Company - based on your growth plans and compliance preferences. Register your firm with the Ministry of Corporate Affairs and obtain the necessary licenses. Conduct thorough market research to identify your target clients, understand industry needs, and define your service offerings, such as cost audits, financial consulting, and management advisory. A well-structured business plan with clear financial projections will help ensure long-term sustainability.

Investing in technology and infrastructure is crucial. Setting up a professional office, adopting modern accounting software, and leveraging cloud-based financial solutions will enhance efficiency. Building a strong professional network is equally important - reconnect with former colleagues, join industry associations, attend networking events, and establish a digital presence through a website and social media to attract clients.

Lastly, focus on compliance and quality assurance. Adhering to ICAI regulations, tax laws, and ethical standards is critical for maintaining credibility and trust. By systematically following these steps, you can successfully transition back into cost accounting and establish a reputable consulting firm in India, ensuring a stable and rewarding career.

...Read more

Milind

Milind Vadjikar  |1013 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Feb 13, 2025

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Money
Can I change my plan from star FOH to Star Assure. In plan migration form What I write in PED column. my policy number was taken on 19 February 2021, in the first week of March 2021 suddenly my blood pressure increased, due to which the doctor asked me to undergo angiography. After that the doctor asked to do angioplasty immediately and thus on 18 March 2021 I got angioplasty done. Now I am completely healthy, since my illness occurred within 31 days of taking the policy, company agent told me that there is no provision to cover any health related problem within 31 days. Company agent told me that there is no provision to declare any illness midway. Now I am completely healthy. Company not include my above mentioned health condition in my policy. And compny given me reply "Dear Mr. Jain, We acknowledge the receipt of your mail. With reference to our previous telcon, this is to inform that any disease or ailment/illness if found after inception of policy. It is not required to disclose under policy. But if you still wish to disclose the disease then kindly find the attached PED inclusion form, fill and submit us for further evaluation. Note : To note the disease in the policy PED form is mandatory. We request you to provide the Medical reports/ Discharge summary /any relevant /First consultation paper / medical document of the said procedure/diagnosis, which shall be kept for our reference. " What can I do.
Ans: Hello;

Regarding plan migration feasibility you may check with your insurer/insurance agent.

If you want to inform the insurer about your later acquired illness you may furnish the details to them as per their requirement and check their feedback on the same.

Their feedback will decide your next course of action.

Best wishes;

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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