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Portfolio can be risk-heavy if goals are long term
Mon, Sep 15 2014. 08 19 PM

Portfolio can be risk-heavy if goals are long term

The maximum exposure should be given to the multi-cap category
NRIs are not permitted to open PPF accounts
Thu, Sep 11 2014. 05 55 PM

NRIs are not permitted to open PPF accounts

If you had opened a PPF account when you were a resident, you may continue with it till maturity
Long-term capital loss can be carried forward for 8 years
Wed, Sep 10 2014. 07 17 PM

Long-term capital loss can be carried forward for 8 years

And the same can be set off only against taxable LTCG
If premium is overdue after grace period, the policy lapses
Tue, Sep 09 2014. 07 11 PM

If premium is overdue after grace period, the policy lapses

You can start paying the premium again after reviving the policy
Right to ancestral property devolves by rule of survivorship
Mon, Sep 08 2014. 07 26 PM

Right to ancestral property devolves by rule of survivorship

And a child would have a right to enforce partition against his father
Total returns include capital appreciation and income accrued investments
Fri, Sep 05 2014. 06 41 PM

Total returns include capital appreciation and income accrued investments

This concept is relevant more to funds that pay out dividends regularly
Income from services abroad not taxable in India
Thu, Sep 04 2014. 06 07 PM

Income from services abroad not taxable in India

Salary is deemed to accrue or arise in India only if the services are rendered in India
Tax on PF withdrawal if service is less than 5 years
Wed, Sep 03 2014. 07 06 PM

Tax on PF withdrawal if service is less than 5 years

The period of previous employment is also included, if the accumulated PF balance is transferred
All-risk insurance is not available only for short periods
Tue, Sep 02 2014. 07 03 PM

All-risk insurance is not available only for short periods

These insurances are available as annual policies
If not required, allow collected money to earn interest
Mon, Sep 01 2014. 05 49 PM

If not required, allow collected money to earn interest

You need to be wary of a common mistake, that is to forget the power of compounding
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