Gift from certain relatives is tax free in India
iStock Photo After living in the US for 10 years, I returned to India last week. Will my rupee deposits in Indian accounts be taxed differently with the change in…
CAS includes full list of mutual fund holdings and their current value
iStock Photo I am 28, married, and with no kids. I started investing in systematic investment plans (SIPs) in November 2014 as follows: Rs.2,500 in ICICI Pru Focused Bluechip fund,Rs.3,500…
You can buy a house jointly with someone who is not a relative
iStockPhoto Can I buy a house jointly with my friend? —Krish Pillai Yes, you can buy a house with a friend. There is no legal requirement for a person to…
Standard fire policy covers a house and its contents
iStockPhoto Can I insure the furnishings of my new house? How does it work? —Monisha Burman Yes, you can insure the furnishings of your new house under your home insurance…