bank FDs

Income tax implications for inheriting fixed deposits ( FDs) after father’s death

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Income tax implications for inheriting fixed deposits ( FDs) after father’s death

My father had a few bank-fixed deposits and passed away in July 2024. He did not write any will. I am the nominee for all the fixed deposits he holds. Since my father had no tax liability, he used to give Form 15H, so no TDS has been deducted in the past. I want to … Read more

How this telecom executive is strategizing his path to FIRE

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How this telecom executive is strategizing his path to FIRE

Guin began his career in software sales, but now works in a strategy role at a large telecom firm, which he transitioned to after earning an executive MBA at the Indian Institute of Management, Ahmedabad. He discovered the FIRE movement on social media in 2018, but his interest deepened during the covid pandemic in 2020. … Read more