TDS Financial Group

07/07/2026

💍🛡️ विवाहित व्यक्तींनी नक्की जाणून घ्यावा असा महत्त्वाचा कायदा – MWP Act (Married Women's Property Act)

जीवन विमा घेताना आपण प्रीमियम, कव्हर, बोनस आणि परतावा याबद्दल विचार करतो. पण एक असा पर्याय आहे, जो अनेकदा दुर्लक्षित राहतो आणि भविष्यात आपल्या कुटुंबासाठी अत्यंत महत्त्वाचा ठरू शकतो – MWP Act (Married Women's Property Act). 👨‍👩‍👧‍👦❤️

📌 MWP Act म्हणजे काय

जर एखाद्या विवाहित पुरुषाने जीवन विमा पॉलिसी MWP Act अंतर्गत घेतली, तर त्या पॉलिसीतील मृत्यू दावा (Death Claim) हा पत्नी आणि/किंवा मुलांच्या फायद्यासाठी स्वतंत्र कायदेशीर ट्रस्ट (Legal Trust) म्हणून सुरक्षित केला जातो.

याचा सर्वात मोठा फायदा म्हणजे...👇

✅ पॉलिसीची रक्कम थेट पत्नी आणि/किंवा मुलांनाच मिळते.
✅ कर्जदार, सावकार, बँक, गॅरंटर किंवा इतर कोणालाही त्या रकमेवर दावा करता येत नाही.
✅ कुटुंबाच्या आर्थिक सुरक्षिततेला कायदेशीर संरक्षण मिळते. 🛡️

⚠️ एक महत्त्वाची गोष्ट लक्षात ठेवा...

❌ MWP Act चा पर्याय जुनी (Existing) पॉलिसीमध्ये नंतर जोडता येत नाही.

✅ हा पर्याय फक्त नवीन पॉलिसी घेतानाच निवडावा लागतो.

📝 *जर MWP पर्याय निवडायचा राहून गेला तर?*

🔹 नवीन पॉलिसी MWP Act अंतर्गत घेता येते.
🔹 किंवा काही प्रकरणांमध्ये स्वतंत्र ट्रस्टची व्यवस्था करता येते; मात्र त्यासाठी कायदेशीर प्रक्रिया आवश्यक असते आणि MWP Act इतके मजबूत संरक्षण मिळेलच असे नाही.

💔 घटस्फोट झाल्यास काय?

MWP Act अंतर्गत तयार झालेला ट्रस्ट आपोआप रद्द होत नाही. त्यामुळे पॉलिसी घेताना लाभार्थी (Beneficiary) निवडताना योग्य विचार करणे अत्यंत आवश्यक आहे.

🌟 MWP Act का महत्त्वाचा आहे?

💖 पत्नी आणि मुलांच्या आर्थिक भविष्यासाठी संरक्षण
⚖️ कायदेशीर सुरक्षितता
💰 कर्जदारांपासून संरक्षण
👨‍👩‍👧 कुटुंबासाठी आर्थिक आधार
🛡️ संकटकाळात सुरक्षिततेची खात्री

📢 जीवन विमा हा फक्त गुंतवणूक नाही, तर आपल्या कुटुंबावरचे प्रेम आणि जबाबदारी व्यक्त करण्याचा मार्ग आहे. ❤️

म्हणून पुढील वेळी जीवन विमा घेताना MWP Act बद्दल नक्की विचारणा करा आणि त्याचा फायदा समजून घ्या.

ℹ️ टीप: ही माहिती जनजागृतीसाठी आहे. MWP Act लागू करण्यापूर्वी आपल्या विमा सल्लागार किंवा कायदेशीर तज्ज्ञांचा सल्ला अवश्य घ्या.

-विकास कुंभार

🛡️ ❤️ 💰 👨‍👩‍👧‍👦 📚 💙

22/01/2026

Third Party Motor Insurance

🚘 Third party motor insurance is the most basic and legally mandatory cover for vehicles in India.

🚘 However, it remains widely misunderstood by motorists. Many vehicle owners only realise its limitations after an accident.

*What does a third party motor insurance cover*❓

🚘 At its core, third-party motor insurance protects other people on the road, not the vehicle owner.

🚘 It pays compensation if the insured vehicle causes injury, death, or property damage to a third party.

🚘 Third party motor insurance provides financial protection for injuries or death caused to another person, damage to someone else's property within the statutory limit, and any legal liabilities arising from an accident.

🚘 While compensation for death or bodily injury has no upper limit, property damage claims are capped at Rs 7.5 lakh. The final payout is decided by the Motor Accident Claims Tribunal (MACT), based on medical expenses, loss of income, age, and the severity of injuries.

What it does not cover

🚘 A common misconception is that third party insurance pays for the policyholder's own losses. It does not.

🚘 The biggest misunderstanding is that third party insurance covers the owner's vehicle repairs or the driver's medical expenses. It does not.

🚘 Damage to the insured vehicle, losses due to theft, fire, floods, or injuries to the owner are excluded unless separate covers are purchased.

🚘 Claims can also be rejected if the driver lacks a valid licence or was driving under the influence.

How claims work in real life

🚘 In a typical accident, the affected third party files a police complaint and then approaches MACT.

🚘 For example, if a car hits a two wheeler causing serious injury, the insurer represents the car owner in court and pays compensation as directed.

🚘 Property damage claims may settle in one to three months, but injury or death cases often take one to three years. Recent court awards have ranged from Rs 10 lakh to over Rs 1 crore.

How much does third party insurance cost❓

🚘 Third party premiums are fixed by the Insurance Regulatory and Development Authority of India (IRDAI) and are not market-driven.

🚘 A small car below 1,000 cc pays around Rs 2,094 annually, while cars above 1,500 cc pay over Rs 7,897.

🚘 Larger vehicles and commercial vehicles attract higher premiums due to greater liability risk.

Who should buy only third party cover❓

🚘 Third party only insurance makes sense for older vehicles with low market value or owners seeking minimum legal compliance. However, relying solely on it can be risky.

🚘 Over 70% of motor insurance claims are own damage claims, which third-party policies do not cover.

🚘 For newer or financed vehicles, comprehensive insurance is recommended to protect both legal liability and personal financial exposure.

07/09/2025

Rules of Money

02/06/2025

Celebrating my 9th year on Facebook. Thank you for your ongoing support. I could never have achieved this without you. 🙏🤗🎉

26/06/2023

आज आपण जाणून घेऊ आपल्याला पैशाचे झाड कसे लावता येईल.......

पैशाचे झाड 🥦💵💸

कल्पना फार सुंदर आहे नाही का ?

मी तुम्हाला खात्रीपूर्वक सांगू इच्छितो की,
होय !
प्रत्येक जण पैशाचं झाड लावू शकतो मग ते झाड कुणाच्या घरात असेल, कुणाच्या शेतात असेल, तर कुणाच्या कारखान्यात असेल.
त्या झाडाला तुम्ही जितक खत पाणी घालाल तितके बहरेल व तुम्हास हवे तेवढे पैसे देइल.

होय !!
हे शक्य आहे त्या झाडाला पैसे लागतील.
या झाडाचे बी सुद्धा तुमच्याकडेच आहे.

या झाडाचे बीज आहे तुमच्या डोक्यातील कल्पना तुम्हाला माहीत नसेल केवळ कष्टाने नव्हे तर नवनवीन कल्पनेने सर्वाधिक पैसे मिळवता येतात.
तुमच्या डोक्यातील कल्पना साकार करा तिला प्रत्यक्षात उतरवा त्या कल्पनेच्या बीजाला उद्योगाचं सातत्याच पाणी घाला आणि कष्टाचे खत घाला.

उद्योग धंदा आणि एखादी सेवा पुरवणारे काम तुम्ही कुठेही सुरू करू शकता.

घरात, दारात, कारखान्यात ते झाड मोठ होऊन त्याला फळे लागतात.
ती फळ पैशाची असतात.
पैसे झाडालाही लागू शकतात पण ते झाड उद्योगाचं कोणत्यातरी सेवेच असला पाहिजे.
त्यासाठी हवी पैसे मिळवून देणारे कल्पना, कल्पनेचे बीच उद्योगधंद्यांच्या किंवा सेवेच्या क्षेत्रात पेरलं की पैशाचा झाड होतं.

आधी सेवा करा मग बघा तुम्ही पैशाच्या मागे लागू नका, तुम्ही कामाच्या मागे लागा.

नवनिर्मिती पैसा मिळवून देऊ शकते कुठेही नोकरीला असलेला माणूस प्रथम महिनाभर काम करतो मग त्याला महिन्यानंतर केलेल्या कामाच्या बदल्यात पगार म्हणजे पैसा मिळतो.
म्हणून प्रथम काम करा नंतर पैसा मिळेल पैशाचे झाड येण्यासाठी प्रथम विचारांचे सुपीक बी मनाच्या जमिनीत पेरावे लागतात.

त्या विचारांच्या मुलांना श्रद्धेच प्रयत्नच पाणी मिळालं की मुळे आत मध्ये पसरू लागतात जमिनीवर अंकुर फुटून येतो त्या बीजात कल्पनेचे सामर्थ्य ज्या प्रकारचं असेल त्याचप्रमाणे त्याचा आकार वाढू लागतो.
खाली मुळे पसरत जातात वर वृक्ष बहरत जातो.
मनाची जमीन सुद्धा अनुकूल असायला हवी मग त्या वृक्षाला येणारी फळे ही पैशाची असतात.

जसं तुम्हाला आर्थिक स्वातंत्र्य मिळवून सुंदर जिवन जगायचे असल्यास ? कनेक्ट करा !

17/10/2022

Rise in repo rate - What should you do❓

💁🏻‍♂️ Home loan borrowers will have to bear the brunt of Friday's 50-basis-point hike in the repo rate by the Reserve Bank of India.

💁🏻‍♂️ The benchmark rate, which now stands at 5.9%, has risen by 190 basis points altogether in the current rate hike cycle.

💁🏻‍♂️ Suppose that a borrower took a home loan that now has a principal outstanding of INR 50 lakh and remaining tenor of 20 years. The starting interest rate was 7%. With the rate rising to 8.9%, the tenor could, in theory, rise to 424 months, assuming the EMI remains constant. At 424 months, the tenure of this loan increases by 184 months or more than 15 years over the original.

💁🏻‍♂️ Borrowers who have surpluses should pre-pay their loans. Borrowers should prioritise pre-payments to control their interest cost. This will help them reduce their loan tenor and EMI.

💁🏻‍♂️ When home loan rates are reset, the lender usually hikes the tenor while keeping the EMI cost.

💁🏻‍♂️ After the 190-basis-point increase in the current rate cycle, however, many borrowers, especially the older ones with large principal outstanding, may find that their EMIs have been hiked.

💁🏻‍♂️ Increase in EMI is better than an increase in tenor. The total interest cost incurred will be lower if a borrower goes for the EMI increase option rather than the tenor increase option.

💁🏻‍♂️ Under the home loan saver facility, an overdraft account is opened in the form of a savings or current account. The borrower can park his surpluses into this account or withdraw from it, depending on his financial requirements.

💁🏻‍♂️ The interest on the home loan is calculated after deducting the surplus parked in the savings or current account from the outstanding home loan amount.

💁🏻‍♂️ This facility allows home loan borrowers to derive the benefit of making prepayments without sacrificing liquidity.

💁🏻‍♂️ Existing home loan borrowers who have witnessed a substantial improvement in their credit profile after taking their home loan can opt for home loan balance transfer to reduce their interest cost.

💁🏻‍♂️ Their improved credit profile may make them eligible for availing home loans from another lender at a lower interest rate.

💁🏻‍♂️ Irrespective of the interest-rate scenario, borrowers must periodically examine the option of switching to the best possible interest rate they can get for their credit profile.

💁🏻‍♂️ With pre-payments becoming crucial in the current scenario, go for a lender whose terms for prepayment of loan are not stringent.

27/07/2022

ITR FY 2021-22 | Should Salaried Individuals use ITR1 or ITR2❓

🦋 The ITR form a taxpayer must use depend on her residential status and the income earned from various sources during financial year. Salaried individuals use ITR1 or ITR2 to file their tax returns. While ITR1, also called Sahaj is easy to file, ITR2 is slightly complex as it requires more disclosures and details.

🦋 ITR1 can be filed by a resident individual with income from salary, one house property, family pension income, agricultural income (up to 5K), and other sources, which include interest from savings accounts.

🦋 Salaried individuals who are not eligible for ITR1, such as people having two house properties, or agricultural income of more than 5K, need to use ITR2.

🦋 These taxpayers must not have income from business or profession. ITR2 can be filed by individual or HUF which doesn't have profits or gains from business or profession.

🦋 The ITR form will capture details of deductions, exemptions, and a number of other details from documents such as Form 16 and the AIS. However, it is taxpayer's responsibility to check the accuracy of the pre-filled data and edit it if required.

Two Self-occupied House Properties

🦋 Many taxpayers who own two houses wonder if both can be treated as SOP. Changes were made in the I-T Act from AY2020-21 and a person can now claim two properties as self-occupied for the income tax purposes. Earlier, the SOP benefit was available only on one property as selected by him or her. The other property/properties were treated as "deemed to be let out."

What if my 2nd house was rented for the part of the year❓

🦋 Another question that arises in the minds of taxpayers is regarding how to compute income from a property that was self-occupied for the part of the year and let out for the rest. In such cases, the property will be treated as let-out throughout the year. However, the rent will be considered only for the let-out period.

87A Rebate

🦋 Section 87A provides a maximum rebate of up to 12,500 to resident individuals whose total income in a financial year (after claiming deductions under chapter VIA) does not exceed 5 lakh.

🦋 First, taxpayers should avail of the deductions U/s 80C, 80D, 80CCD, and 80G. Thereafter, individuals having an income of up to 5 lakh can avail of the Section 87A rebate. This rebate can be claimed on normal income and even on LTCG and STCG. *However, super seniors cannot avail it.*

*Losses to be carried forward*

🦋 Unadjusted capital losses can be carried over to the following year if they can't be adjusted in that year. Only income subject to taxation under the heading "capital gains" can be used to offset such a loss in the following year. Long-term capital loss can only be offset against long-term capital gains. Short-term capital loss can be offset against both long-term and short-term capital gains.

🦋 Both short-term and long-term loss can be carried forward for 8 assessment years following the assessment year in which they were originally computed. The I-T Department has established that losses for a year can not be carried forward unless that year's return has been filed before the due date.

🦋 The ITR Forms have been updated to include a declaration for choosing between the two tax regimes. If an individual or HUF chooses the new tax regime, then form 10IE must be submitted to the I-T Department before filing the return.

26/07/2022

ITR FY2021-22 | Income Tax Returns for a deceased Taxpayer

✔️ A person with a total income exceeding the basic exemption limit must file an ITR under the I-T Act, 1961. This obligation must be fulfilled even in case of a person's death.

✔️ The legal heir must file the ITR on behalf of the deceased person as his representative. To do so the heir must register himself as a representative on the e-filing portal.

✔️ While applying, the representative needs to include a few details about the deceased, along with a few important documents; the deceased's PAN card as well as the legal heir's, a certificate of heirship from a court or local tax authority, and the deceased's pension certificate. The legal heir's request is reviewed and approved by the e-filing administrator.

✔️ If an ITR is not filed or the tax due is not paid on deceased person's behalf, there can be penal consequences. If the legal heir doesn't file the ITR on or before the due date specified in Section 139 of the I-T Act, a penalty U/s 270A would be imposed, equivalent to 50% of the tax avoided by the taxpayer. He could also be prosecuted U/s 276CC. Section 276CC provides for imprisonment in case of failure to file ITR.

✔️ Late fee U/s 234F will be levied on non-filing ITR along with interest U/s 234A. Also, assessment for escaping income could be initiated U/a 148, if that happened.

✔️ U/s 234F of the I-T Act, an ITR filed after the deadline leads to a penalty of 1,000 (for those having income of up to 5 lakh) or 5,000 (for income above 5 lakh). Section 148 deals with issuance of notice to the taxpayer.

✔️ The legal representative's liability is limited to the extent to which the estate is capable of meeting the liability. However, the legal representative is personally liable to the extent of the value of any asset of the estate which he disposes of, or creates a charge on, while the tax liability remains uncharged.

✔️ Two separate ITRs must be filed for the year of death. One ITR has to be filed by the legal heir for the deceased person's income from the beginning of the financial year till the date of his death. The second ITR has to be filed by the executor on income earned by the deceased's estate for the period from the date of death till the time assets under the estate are distributed to the legal heir.

✔️ Once the assets are distributed, income generated by them is considered the legal heir's income.

✔️ If a person passes away in the middle of a financial year, an ITR should be filled by the legal heir as it also acts as proof of income at the time of insurance claim.

✔️ The legal heir is liable for any error in the ITR. The legal hier must collate all the data before filing the return. If there is any error or omission in the original return, the return can be revised at any time 3 months before the expiry of relevant assessment year or before the completion of assessment, whichever is earlier.

✔️ Even a belated return can be revised, and there is no limit on how many times this can be done.

✔️ If the legal heir's total income, including the deceased's income from the date of death, exceeds 50 lakh, the legal heir must provide details of all the assets and liabilities held by him at the end of the financial year in Schedule AL. Also, deceased PAN card must be surrounded after filing ITR.

17/07/2022