Join us this week as Monika helps you understand the basic framework of personal income tax. From the different heads under which we as individuals pay taxes directly to the government, to the difference between gross income and taxable income, she demystifies it all. She also explores how taxation can influence our behaviour. She also takes on your questions about trying to cope with debt. Whether it’s juggling home loans, a bad credit score, or the importance of an emergency fund, Monika addresses your financial concerns and guides you towards a life that is debt free as soon as possible. Chapters: (00:30 - 07:50) The Framework of Personal Taxation (08:20 - 11:47) Question: Should I Pay Off The Home Loan Or Personal Loan First? (11:50 - 15:31) Question: How To Get Out Of A Debt Trap With Multiple Loans? (15:34 - 17:12) Question: When Should You Dip Into Emergency Funds? If you have financial questions that you’d like answers for, please email us at [email protected]  Monika’s book on basic money management https://www.monikahalan.com/lets-talk-money-english/ You can find Monika on her social media @monikahalan.  Twitter @MonikaHalan Instagram @MonikaHalan Facebook @MonikaHalan This is a Maed In India Production; check us out at www.maedinindia.in Creative Director: Mae Mariyam Thomas Project Manager: Shaun Fanthome Head of Audio: Kartik Kulkarni Producer: Meghna Gulati  Sound Editor: Lakshman Parsuram Artwork: Alika Gupta