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Aggressive fund portfolio not suitable for medium-term goals
Mon, Sep 01 2014. 12 35 AM

Aggressive fund portfolio not suitable for medium-term goals

Re-evaluate your portfolio once every six months
No wealth tax for seven years for returning NRIs
Thu, Aug 28 2014. 07 44 PM

No wealth tax for seven years for returning NRIs

This exemption is with respect to money and value of assets brought into India
Only the person taking the home loan can claim tax benefit
Wed, Aug 27 2014. 07 12 PM

Only the person taking the home loan can claim tax benefit

If the share of each co-owner is definite and ascertainable, the tax benefits can be availed by each
Usually, individual terms plans work better than joint plans
Tue, Aug 26 2014. 06 33 PM

Usually, individual terms plans work better than joint plans

There are limited insurers that offer joint life plans
Period to file a suit for an immovable property is 30 yrs
Mon, Aug 25 2014. 05 24 PM

Period to file a suit for an immovable property is 30 yrs

No claim can be raised after that period
NFOs hold little advantage over investing in existing MFs
Mon, Aug 25 2014. 12 18 AM

NFOs hold little advantage over investing in existing MFs

It would be better to stick to established funds with good track records
Interest in NRO deposit is taxable in India
Thu, Aug 21 2014. 06 17 PM

Interest in NRO deposit is taxable in India

Such an amount would be subject to tax deduction at source in India
Taxation of PF withdrawal depends on slab rates
Wed, Aug 20 2014. 06 01 PM

Taxation of PF withdrawal depends on slab rates

Accumulated balance withdrawn from PF is taxable if you haven’t rendered continuous service 5 years
Switch health insurance 45 days before the renewal date
Tue, Aug 19 2014. 06 03 PM

Switch health insurance 45 days before the renewal date

You should switch under a process called health insurance portability
There are limited investment options for short-term needs
Mon, Aug 18 2014. 07 01 PM

There are limited investment options for short-term needs

Bank fixed deposits, ultra short-term and short-term mutual funds are a good option
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