Could the increased expenses associated with a Pvt Ltd adversely impact my initial cash flow? A Pvt Ltd costs ₹15,000–20,000 and requires yearly audits, while an LLP costs ₹8,000–12,000 and only needs audits after a turnover of ₹40 lakh.

In medical emergencies, prioritize liquidity and safety. Invest in liquid funds (debt mutual funds with very short maturity) or ultra-short-term debt funds. These funds are with minimal risk and important for urgent healthcare needs.

Maintain a separate medical emergency fund at a bank that offers convenient withdrawals.