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…
It is prudent to pay off the most expensive loans before investing
iStock image I have a debt of around Rs.3 lakh on two of my credit cards, and I also pay equated monthly instalment (EMI) ofRs.15,000 towards my car loan. I…
Joint term life policies offer limited advantages
iStock photo I am getting married soon. My to-be wife plans to get a term plan after the marriage. Should I buy a combined cover then or an individual plan…
No tax benefit if mediclaim premium is paid in cash
iStock Photo I pay the health insurance premiums for both myself (67) and my wife (63). Would I get tax exemptions on both? —Shayan Basu An individual can claim tax…