About Donald Gonsalves

Founder of SimplePath® and a regular contributor to the website's blog, Donald brings with him more than a decade of experience working as a consultant for financial planning and insurance. Send your questions to donald@simplepath.in
  • FBAR Deadline - Why US based NRIs Cannot Ignore October 15

FBAR Deadline – Why US based NRIs Cannot Ignore October 15

By |2026-10-15T09:08:49+05:30October 14, 2026|

For NRIs or Indian expats living and working in the United States, if the combined maximum balance of all your foreign financial accounts exceeded $10,000 USD at any single point in 2025, you must file your Foreign Bank and Financial Accounts Report (FBAR) by October 15, 2026 which is tomorrow.

  • NRI Property Sale and Repatriation Are Not the Same

NRI Property Sale and Repatriation Are Not the Same

By |2026-10-13T08:38:37+05:30October 13, 2026|

Under India's FEMA (Foreign Exchange Management Act) rules, selling your property and repatriating the money are two completely different legal processes. If you wait until the money hits your Indian bank account to figure out how to transfer it abroad, your funds could get stuck.

  • Critical Illness Rider Changes the Dynamics of Term Insurance

Critical Illness Rider Changes the Dynamics of Term Insurance

By |2026-09-29T10:24:59+05:30September 29, 2026|

Critical Illness rider with term insurance allows the insured to claim insurance amount on detection of critical illness mentioned in term insurance policy. With this, what was once a passive financial protection for your family against your death/demise becomes an active contract against a critical illness that you could suffer in your lifetime.

  • Alpha Gold Edge 3.5 Years Review SimplePath

Alpha Gold Edge 3.5 Years Review: Upside of Gold, Downside Protection

By |2026-09-08T18:31:57+05:30September 8, 2026|

Alpha Gold Edge 3.5 Years, a structured product distributed by Nuvama Wealth and issued by Alpha Alternatives, aims to magnify your returns if gold goes up, while providing a protection to your capital if the prices fall. In this review, we are breaking down exactly how this Alpha Gold Edge 3.5 Years, the math behind the returns and the crucial trade-offs you need to know before investing.

  • Maruti Suzuki Challenges Landmark E20 Ruling Over Contaminated Fuel Claims

Maruti Suzuki Challenges Landmark E20 Ruling Over Contaminated Fuel Claims

By |2026-07-20T07:53:26+05:30July 20, 2026|

In a landmark first for India's automotive sector, Maruti Suzuki is legally contesting a groundbreaking consumer court order from Raipur that directed the carmaker to replace or fully refund a customer’s ₹18.29 lakh Grand Vitara Hybrid. The consumer, a Raipur-based doctor, alleged that the vehicle suffered severe, recurring engine damage due to E20 ethanol-blended petrol. While the court ordered a total ₹21.60 lakh payout citing a "deficiency of service," Maruti Suzuki is fighting back, claiming the SUV was fully E20-compatible and that the engine catastrophic failure was strictly caused by heavily contaminated fuel. This high-stakes legal battle marks the first major confrontation over manufacturer liability in India's rapid green fuel transition.

  • Buying Term Insurance Policy During Pregnancy

Buying Term Insurance Policy During Pregnancy: Timing, Hurdles and Essential Riders

By |2026-07-06T06:44:04+05:30July 6, 2026|

Buying a term insurance policy during pregnancy requires a strategic understanding of trimester timelines and underwriting guidelines. While insurance companies remain open to early-stage applicants, late-stage applications are often deferred until post-delivery to minimize risk on the insurer. Expecting mothers face stringent medical checks focusing on pregnancy-induced complications like gestational diabetes and high blood pressure. Honesty regarding the pregnancy status remains non-negotiable on application forms to prevent future claim rejections. Ultimately, combining an early application with essential add-ons like Critical Illness and Premium Waiver riders yields the safest protective shield for the growing family.

  • ageas-federal-life-insurance-clinches-no-1-in-fy26

Ageas Federal Life Insurance Clinches No. 1 in FY26 with Record 99.82% Claim Settlement Ratio

By |2026-07-03T08:09:46+05:30July 3, 2026|

Ageas Federal Life Insurance has secured the #1 position in the industry for its Retail (Individual) Claim Settlement Ratio (CSR), posting an unprecedented 99.82% for the 2025–2026 financial year (FY26). "Every claim we settle is a promise honoured," said Jude Gomes, Managing Director & CEO of Ageas Federal Life Insurance. "Being recognised as the industry's leader in Individual Claim Settlement Ratio reflects the trust our customers place in us and the dedication of our teams to stand by them when they need us the most." Since 2022, Ageas Federal is the first life insurance company in India to see its foreign partner control a full 74% stake, the absolute maximum allowed under the country's Foreign Direct Investment (FDI) regulations.

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