My friend's daughter is about 17 yrs old and she is about 68kg weight and has developed thick hair on her cheeks and chin for the last 2 yrs now and she is also not started her regular periods. Her parents are consulting doctors but there is no improvement. Could you please suggest and also let me know if this can be completely eliminated.

Ans: If purchaser is Resident Individual, no need to deduct TDS, since the sale amount is less for TDS application.
Most welcome for any further clarifications. Thanks.

Ans: 01. Under present provisions of Income Tax Act, you may opt any of the options (in case of Long Term Capital Gains), as under :
02. (01). Tax Rate 12.50% without indexation or
03. (02). Tax Rate of 20% with Indexation.
04. You may calculate your tax liability under both options & may opt for the tax regime, where tax liability is minimum.
05. You may save LTCG by Investing in a new Residential House or Construct a new house, with in specified time limit OR may purchase Capital Gain Bonds.
06. Broadly looking at your calculations, if you choose the option of LTCG with Indexation, there may not be any gain & hence no LTCG tax.
07. Most welcome for any further clarifications. Thanks.

Ans: If you take the combined oral contraceptive pill, you can skip the hormone-free week and take two packs in a row.
If you take a progestin-only birth control pill, you can take it continuously to delay or prevent your period.
If you use the birth control patch or ring, you can start the next patch or ring immediately instead of taking a break.

Ans: Hello;

You may do it through your current employer by providing all requisite documents.

Please talk to your HR Deptt for completing formalities in this regard.

Best wishes;

Ans: Hello;

Please seek clarity from your HR Deptt on this matter preferably in writing.

If the answer is not satisfactory you may complain to EPFO.

Best wishes;

Ans: Hello;

Please seek clarity from your HR Deptt on this matter preferably in writing.

If the answer is not satisfactory you may complain to EPFO.

Best wishes;

Ans: Hello;

The proceeds of land sale should be received in your Mother's account first.

She may fulfill any LTCG tax liability arising out of this transaction.

The balance amount she may gift you and you will not have to pay any tax on it since you are blood relatives.

Do seek concurrence with a CA to ascertain the LTCG liability and measures to save it, if any. Also the modality of gift(gift deed) to offspring. NOC from other legal heirs etc.

Best wishes;

Ans: Your financial decision-making is on the right track. Your focus should be on building a strong investment portfolio and ensuring adequate insurance coverage.

Assessment of Existing ULIP and Insurance Policies
Kotak Smart Advantage ULIP: You have been paying Rs. 40,000 annually for 15 years.
Low Sum Assured: Rs. 2 lakh is not enough for financial security.
Other Policies: Small funds and insurance in ICICI, Birla, and Bajaj.
Business Income: You need a solid financial backup.
Family Responsibility: Three dependents, including two sons.
Why You Should Exit ULIPs and Endowment Policies
High Charges: ULIPs and traditional plans have high fees.
Low Returns: They provide suboptimal growth.
Better Alternatives Exist: Mutual funds offer superior long-term returns.
Inadequate Coverage: Insurance policies should not be for investment.
Liquidity Issues: ULIPs and endowment plans restrict withdrawals.
Recommended Actions
1. Exit and Reallocate
Surrender ULIPs and Traditional Policies: Redeem all insurance-cum-investment plans.
Move to Mutual Funds: Invest in actively managed funds for better growth.
Use a Phased Approach: Exit in a tax-efficient manner.
2. Get Proper Life Insurance
Buy a Term Plan: Choose coverage of at least Rs. 2 crore.
Low Premium, High Cover: Term plans are cost-effective.
Secure Family's Future: Ensure financial safety for dependents.
3. Build a Strong Investment Portfolio
Diversify into Equity and Debt: Ensure a balanced approach.
Systematic Investment Plan (SIP): Regular investing builds long-term wealth.
Keep Some Emergency Funds: Maintain liquidity for business and personal needs.
4. Tax Efficiency
Mutual Fund Capital Gains: Plan withdrawals wisely.
Use Tax-Saving Options: Consider efficient investment structures.
Finally
Exit Low-Yield Plans: Move towards high-growth investments.
Ensure Proper Insurance: A term plan is a must.
Invest for Growth: Mutual funds will help you build wealth.
Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: Your financial situation is well-planned. You have a stable pension and a clear understanding of your future expenses. The key challenge is ensuring sufficient income for the next 5-6 years while preserving your retirement corpus.

Key Aspects of Your Financial Situation
Retirement in 2 Years: Pension of Rs. 1.5 lakh per month post-retirement.
High Expenses Initially: Rs. 2.5-3 lakh per month until age 65.
Short-Term Income Gap: Need Rs. 1.5 lakh extra per month for 5-6 years.
Corpus of Rs. 1.5 Crore: Needs to be deployed efficiently.
No Additional Liabilities: Own house, car, and central government health scheme.
Building a Reliable Income Plan for 5-6 Years
Keep a Liquidity Buffer: Maintain Rs. 10-15 lakh in a bank FD or a liquid fund for emergencies.
Fixed Income Options: Invest part of the corpus in safe, short-term debt instruments.
Systematic Withdrawals: Use a structured withdrawal plan to generate regular cash flow.
Partial Equity Allocation: Invest a portion in actively managed mutual funds for growth.
Reassess Investments Regularly: Review performance every 6-12 months.
Detailed Investment Strategy
Short-Term (First 2-3 Years)
Stable Income Focus: Invest Rs. 60-70 lakh in debt instruments for regular withdrawals.
Low-Risk Allocation: Choose safe options with periodic interest payouts.
Liquidity Management: Keep Rs. 10 lakh for unexpected expenses.
Medium-Term (Next 3-4 Years)
Balanced Approach: Invest Rs. 40-50 lakh in a mix of debt and actively managed funds.
Growth-Oriented Strategy: Allocate 20-30% of this amount to equity for better returns.
Systematic Withdrawals: Plan phased withdrawals from safer investments.
Long-Term (After 5-6 Years)
Corpus Preservation: As pension becomes sufficient, shift focus to long-term growth.
Equity Allocation: Maintain a portion in mutual funds for future wealth creation.
Reinvest Surplus: If any amount remains, reinvest for later years.
Key Considerations for Tax Efficiency
Minimise Tax Impact: Withdraw from low-taxed sources first.
Use Capital Gains Efficiently: Follow new mutual fund tax rules.
Plan Withdrawals Smartly: Avoid unnecessary tax liabilities.
Final Insights
Balance Safety and Growth: A mix of fixed income and equity investments is ideal.
Ensure Regular Monitoring: Adjust investments based on market conditions.
Preserve Capital for Later Years: Plan wisely to sustain wealth beyond age 65.
Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment