Your Questions Answered
Your Questions Answered: Should I surrender my life insurance policy?
At 35, the individual has invested in a LIC Jeevan Anand policy and a term plan. It is advised to separate insurance from investments and surrender the LIC policy.
3 min read11 Jul 2025Your Questions Answered: Is financial help from relatives or charities for hospital expenses taxable?
Donations received for family hospitalisation are considered gifts and are tax-free if under 50,000 rupees per recipient. Exceeding this limit makes the total taxable. Gifts from close relatives remain tax-free. Documentation of donors is essential to avoid high tax rates.
2 min read10 Jul 2025Your Questions Answered: How is capital gains tax calculated when I sell my plot of land?
The sale of land held for over 24 months incurs long term capital gains tax at 12.50%. To save on taxes, invest in a residential house or specified capital gains bonds. Short term gains are taxed as regular income with no exemptions.
3 min read9 Jul 2025Your questions answered: How I claimed LTCG exemption as an NRI selling agricultural land
After November 2025, agricultural land cannot be purchased for claiming tax benefits. NRIs must utilize capital gains for new agricultural land within two years or face capital gains tax.
2 min read3 Jul 2025Can I claim short-term capital loss by selling and buying shares on the same day?
To offset losses from selling shares bought in April 2025, you can either transact on the same day using different brokers or on consecutive days. However, if done on the same day in one account, it's treated as speculative, limiting loss offsets against Long Term Capital Gains.
2 min read2 Jul 2025Can I legally pay branch rent to HUF when the property is registered in individuals' names?
To rent jointly owned property through HUFs, owners must first transfer their shares to the HUFs. This can be done by selling or gifting the shares. Rent payments must go to individual owners, as the agreement is not in the HUF names.
2 min read24 Jun 2025Your Questions Answered: I want to invest in the Nifty 500 Momentum 50 Index. Please elaborate on the pros and cons
The Nifty 500 Momentum 50 Index selects 50 stocks based on momentum factors from the Nifty 500 Index. It aims for high-performing stocks while ensuring diversification. This index appeals to growth-oriented investors seeking to capitalize on upward price trends across various sectors.
10 min read20 May 2025Your Questions Answered: Should I invest in BSE Low Volatility Index tracking mutual funds?
Mutual Funds: The BSE Low Volatility Index caters to risk-averse investors by tracking stocks with historically lower price fluctuations.
10 min read14 May 2025Your Questions Answered: I want to invest in midcap indices. Please elaborate on the Nifty Midcap 50 Index?
Mutual funds tracking the Nifty Midcap 50 Index provide access to mid-sized companies with growth potential, combining diversification, professional management, and cost-efficiency. .
10 min read2 May 2025Your Questions Answered: I want to invest in equity mutual funds. Please elaborate on Nifty Top 10 Equal Weight Index
The Nifty Top 10 Equal Weight Index offers balanced exposure to the top 10 Nifty 50 companies, making it an attractive option for investors seeking diversification. Unlike the Nifty 50, it employs an equal weighting methodology to avoid dominance by any single stock.
10 min read14 Apr 2025