5 Steps to Smarter Financial Planning in FY 2025–26

Start Your Financial Year with Smart Planning

The beginning of the financial year is the perfect time to reassess your financial goals, review your investments, and optimize your tax strategy. With Budget 2025 introducing major tax changes and market conditions shifting, here’s what you need to focus on:

Five Steps For A Successful 2025-26

1. Investment Strategy Amid Market Volatility

Equity markets have been volatile in early 2025, with initial declines followed by a recovery. Investors should stay committed to long-term investments via SIPs.

2. Tax Planning – Old vs. New Regime

Budget 2025 has further sweetened the new tax regime, offering significant savings. This is a good time to draw up a tax-savings plan in line with the recent provisions and your financial goals.

3. Falling Interest Rates – A Boon for Homebuyers

With RBI cutting repo rates and more reductions expected, home loan rates are quite attractive for interested property buyers.

4. Insurance Review & Upgrades

Evaluate your health and life insurance needs, ensuring adequate coverage for dependents. With rising premiums, assess policy costs and consider upgrading coverage as your family grows.

5. Smart Spending & Financial Discipline

Maintain a balanced approach to spending and saving. Monitor expenses, manage credit wisely, and take advantage of reward points and budgeting apps for better financial health.