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Thu, Sep 20 2018. 09 30 AM IST

Use low-risk debt mutual funds for emergency corpus

Building a good emergency corpus fund is a pre-requisite that should come before investing for the long term

Wed, Sep 19 2018. 09 23 AM IST

Joint tenancy is about having equal share

When two or more people own a home, either as a joint tenancy or tenancy in common, each individual owns a share (or interest) of the entire property

Tue, Sep 18 2018. 09 17 AM IST

You should review your portfolio after every six months

The current portfolio has enough exposure in fixed income assets such as PPF and bank FDs. Fixed income assets provide the stability with low volatility to the portfolio but the downside is they are not able to outperform the inflation

Tue, Sep 18 2018. 09 24 AM IST

NRI taxation: Residential status needs to be fixed afresh every FY

It is always advisable to verify the exact period of stay in India in the current and earlier years

Mon, Sep 17 2018. 09 38 AM IST

Out-of-production cars may attract more premium

Premium for out-of-production cars may be hiked as its components may have become difficult to source and thus costly

Mon, Sep 17 2018. 09 05 AM IST

If property is held for over 24 months before sale, gains are taxable as LTCG

The difference between the net sale proceeds and indexed cost of acquisition and indexed cost of improvement is taxable as LTCG

Wed, Sep 12 2018. 10 45 AM IST

‘Making pension corpus work for you is tough’

For Ramachandran, who retired as general manager from a public sector unit in 2013, getting regular income from savings was a challenge

Wed, Sep 12 2018. 10 58 AM IST

Are suggestions to abolish Hindu Undivided Family (HUF) justified?

Recently, the Law Commission recommended doing away with the system of HUF altogether all over India

Wed, Sep 12 2018. 10 16 AM IST

Registered Will can also be disputed in court

Registered Will can be challenged on the ground of undue influence or coercion, among other things

Tue, Sep 11 2018. 09 13 AM IST

NRI taxation: Global income is taxed in India for tax residents

It is mandatory for residents who hold foreign assets, bank accounts and financial interest to report these matters in their income tax returns in India

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