New Delhi, Sept. 10 -- It is customary in Indian for families to exchange gifts on the occasion of marriage. This article addresses the tax implications of receiving such gifts. Before the abolition ... Read More
New Delhi, Sept. 8 -- People think that investing in equity funds is very complex, but I feel that investing in debt mutual funds is equally, if not more complex. Investing in a debt fund carries its ... Read More
New Delhi, Aug. 20 -- Mutual funds are like departmental stores of financial products, where you generally get the option to buy various and numerous products ranging from pure equity to pure debt, in... Read More
New Delhi, July 11 -- Q. I am 35 years old and have invested in one LIC Jeevan Anand life insurance policy which has an annual premium of around 16000 annually for a sum assured of 3 lakhs. The term o... Read More
New Delhi, July 10 -- Q. Back-to-back hospitalisation of my family members caused me huge financial loss during the last financial year. I approached a few charitable institutions and some of my relat... Read More
New Delhi, July 9 -- The profit on sale of a plot of land is treated as long term capital gains if the plot of land has been held for more than 24 months, else the gains are treated as short term capi... Read More
New Delhi, July 8 -- Whether to go for a ready to move in house or book an under construction house? There are many pros and cons involved in both the options. In my opinion going for a ready to move ... Read More
New Delhi, July 3 -- Q. My daughter is settled in the UK after her marriage in 2021 and is a British passport holder. She had opened her PPF (Public Provident Fund) a/c in 2016 when she was in India. ... Read More
New Delhi, July 3 -- Q. I am an NRI. I sold my agricultural land at Pune in November 2023. After consulting my CA., I deposited the indexed capital gain amount in a Capital Gains Account with a nation... Read More
New Delhi, July 2 -- Q. To reduce my tax liability on Long Term Capital Gains (LTCG) earned during the year, I plan to sell some shares bought in April 2025 which are now quoted at a far lower price t... Read More