Disclaimer
Please read this disclaimer carefully before using MyFinancial.
1. Not Financial Advice
MyFinancial is an informational and educational tool designed to help you understand your financial position. It does not constitute financial, investment, tax, or legal advice. The outputs are based solely on the numbers you provide and general calculation models.
2. Accuracy & Limitations
While we strive for accuracy, the calculations are based on publicly available tax slabs, standard formulas, and assumptions. Actual tax liability, insurance requirements, and investment returns may differ based on your specific circumstances.
3. Tax Information
Tax calculations are based on FY 2026-27 slabs from the Union Budget. Tax laws change frequently. The tool's outputs should not be used as the sole basis for tax planning. Always consult a chartered accountant (CA) or tax professional.
4. Insurance Assessment
Insurance gap calculations use standard human life value and income replacement methods. Actual insurance needs depend on individual circumstances, health conditions, lifestyle, and other factors not captured by this tool.
5. Investment Projections
Any growth projections or goal feasibility calculations use assumed rates of return and inflation. Past performance does not guarantee future results. Market investments carry inherent risks including potential loss of principal.
6. Limitation of Liability
MyFinancial, its creators, and contributors shall not be liable for any direct, indirect, incidental, or consequential damages arising from the use or inability to use this tool or reliance on its outputs.
7. Third-Party Services
MyFinancial may direct you to independent third-party services such as TaxBuddy (operated by Finbingo Wealth Tech Private Limited) for actions like income-tax return filing. These third parties are not part of MyFinancial. When you click through, you enter a separate contract directly with that third party, governed by their own terms and privacy policy. MyFinancial does not share any user data with these third parties. We may receive a referral fee when you sign up through such a link — this is disclosed in compliance with the Consumer Protection (E-Commerce) Rules, 2020 and ASCI guidelines, and does not increase what you pay the third party. To the maximum extent permitted by law, MyFinancial is not liable for the quality, accuracy, fees, refunds, or any other aspect of any third-party service.
8. Governing Law
This disclaimer and your use of MyFinancial shall be governed by and construed in accordance with the laws of India. Any disputes shall be subject to the exclusive jurisdiction of courts in Bengaluru, Karnataka.
Last updated: February 2026