A major finanial planning goal that everyone has is saving for their children's education. To put their kids through a good university, parents are now taking on extra work, sacrfising holidays, and borrowing money. A recent HSBC Value of Education survey finds that on average, Indian parents spend Rs 3.62 lakh for their child's undergraduate and post-graduate studies. The study covered 505 parents and 100 students in India. Here are more such findings from the survey.
Inheritance Tax Re-Introduction: 4 effective succession planning tips for HNIs
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