MONEY

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Cash received as gift from some relatives is tax exempt

iStockPhoto I had gifted Rs.2 lakh to my spouse, with which she…

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Sale proceeds of non-farm land can be remitted by NRIs

iStockPhoto I’m a non-resident Indian (NRI) living in Germany and have inherited…

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A single MF folio nomination can have multiple nominees

iStockPhoto How can I change a nominee? —Rakesh Poddar Every mutual fund…

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A benami property can be solely bought for personal benefit

iStockPhoto I had bought a flat and added my wife as a…

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