A single MF folio nomination can have multiple nominees
iStockPhoto How can I change a nominee? —Rakesh Poddar Every mutual fund (MF) has a nomination change form. When you fill and submit it, the previous nomination information will be…
A benami property can be solely bought for personal benefit
iStockPhoto I had bought a flat and added my wife as a joint holder, but she did not make any payment towards it. In my Will, can I bequeath 100%…
Underwriting practices vary across insurance companies
Pradeep Gaur/Mint Can a dent on the car be reason enough for not giving it insurance coverage? My car’s insurance is due for renewal and they are asking me to…
Capital gains arising from share sale in India are taxable
iStockPhoto I live in Australia and have equity shares in India. I want to book profits on these shares now. How will I be taxed? —Roger Patel Capital gains arising…