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PF withdrawal taxed if service is less than 5 continuous yrs
Wed, Oct 08 2014. 06 24 PM

PF withdrawal taxed if service is less than 5 continuous yrs

The total of employer’s contribution plus interest thereon will be taxed as salary
Life insurance cover bought in India is applicable worldwide
Tue, Oct 07 2014. 06 44 PM

Life insurance cover bought in India is applicable worldwide

In case of death, the Indian insurer will settle the claim irrespective of your location
Release deed and gift deed have the same legal implications
Mon, Oct 06 2014. 05 35 PM

Release deed and gift deed have the same legal implications

Gift deed will also have to be registered and registration charges will be payable
Home loan interest is tax exempt after construction is over
Wed, Oct 01 2014. 06 39 PM

Home loan interest is tax exempt after construction is over

There is no specific requirement to disclose the fact in the ITR form
Patients with heart conditions can get special mediclaim
Tue, Sep 30 2014. 07 46 PM

Patients with heart conditions can get special mediclaim

Policy will either have premium loading or cardiovascular disease as a permanent exclusion
Switch from equity to debt before the money is needed
Mon, Sep 29 2014. 07 57 PM

Switch from equity to debt before the money is needed

Equity investments will depend on market movements
Equity-heavy balanced funds are taxed as equity funds
Sun, Sep 28 2014. 09 57 PM

Equity-heavy balanced funds are taxed as equity funds

Fund managers of these funds always maintain at least 65% of their investments in domestic stocks
Money gifted to certain relatives isn’t taxed in their hands
Thu, Sep 25 2014. 06 15 PM

Money gifted to certain relatives isn’t taxed in their hands

Definition of relative includes spouse, siblings, siblings of the spouse and so on
PF withdrawal requires a cooling period of two months
Wed, Sep 24 2014. 06 49 PM

PF withdrawal requires a cooling period of two months

PF withdrawal is taxed only if you haven’t rendered continuous service for five years or more
Claim settlement ratio of insurer should be above 85%
Tue, Sep 23 2014. 06 26 PM

Claim settlement ratio of insurer should be above 85%

Term policies do not have exclusions except for suicide in the first year
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