High Blood Sugar After Meals and Dizziness: What Could Be the Cause?

Ans: Hello dear.
Your cast certificate from Telangana state will not be accepted in the Maharashtra admission process. For state quota counseling, a domicile in Maharashtra is typically required. Your cast certificate will be valid for 15% of All India quota seats. To use your SC category benefits under AIQ, ensure your caste is listed in the Central Government's SC list. If you have been living in Maharashtra for a substantial period, then try to obtain a fresh domicile and cast certificate from the competent authorities to apply for MBBS in reservation quota.
Steps for NEET Counseling: For All India Quota:
(1) Use your Telangana-issued SC certificate, provided your caste is in the Central List.
(2) No need to convert or domicile in Maharashtra for AIQ.
For Maharashtra State Quota:
(1) Convert your caste certificate as mentioned above and obtain domicile certification if necessary.
(2) Register for Maharashtra state NEET counseling with the converted certificate and domicile proof.

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Radheshyam

Ans: Your plan to invest Rs 25,000 monthly in equity mutual funds and stocks is commendable.

A 12-15 year horizon is ideal for equity investments.
Investing through your mother’s Demat account is possible but requires careful attention.
Let us examine the key aspects and potential issues in this approach.

Fund Source and Ownership Implications
Using rental income from property owned by your father raises ownership considerations.

Ensure the rental income is legally transferred to your mother’s account.
If your father remains the legal owner, document the transfer as a gift or allowance.
This clarity avoids tax-related complications in the future.
Proper documentation ensures that the funds in your mother’s account are not questioned.

Taxation of Rental Income
Rental income received by your father will be taxed under his name.

Transferring funds to your mother does not change the tax liability.
Your father will continue to report this income in his tax returns.
Ensure all transactions are clear and traceable for compliance.
This ensures transparency and avoids potential legal issues.

Taxation on Investments in Your Mother’s Name
Investing in your mother’s name offers certain tax advantages.

If your mother has no other significant income, her tax liability will be lower.
Long-term capital gains on equity funds above Rs 1.25 lakh are taxed at 12.5%.
Short-term gains are taxed at 20%.
This can reduce the overall tax burden on the portfolio returns.

Choosing the Right Investment Vehicles
Your strategy includes equity mutual funds and stocks. Diversify carefully for consistent growth.

Allocate a significant portion to actively managed equity funds for steady returns.
Avoid index funds due to their passive nature and lack of adaptability.
Use multi-cap or diversified funds to manage risks effectively.
For stocks, focus on blue-chip and fundamentally strong companies for long-term wealth creation.

Avoiding Risks with Direct Funds
Direct funds lack the guidance of an expert.

Without a Certified Financial Planner, portfolio decisions may not align with goals.
Regular funds through a trusted distributor offer better support and insights.
This ensures professional management of your investments.

Monitoring and Rebalancing
Investments require periodic monitoring to stay aligned with goals.

Review the portfolio annually for performance and sector allocation.
Rebalance to maintain the desired equity-debt ratio as market conditions change.
This keeps your portfolio on track over the long term.

Legal and Practical Considerations
Using a separate Demat account in your mother’s name is acceptable.

Ensure that account documentation reflects her as the sole holder.
Clearly separate her investments from your personal portfolio.
This avoids confusion and ensures clarity in ownership.

Suggestions for Long-Term Wealth Creation
Your investment horizon of 12-15 years supports growth-focused strategies.

Allocate 60% to actively managed equity mutual funds for high potential returns.
Reserve 20% for hybrid funds to balance risks and provide stability.
Keep 10% in international equity funds for diversification.
Use 10% for direct stocks in stable and high-growth sectors.
This diversified approach balances risks and maximises returns over time.

Final Insights
Your investment strategy is promising and aligns with long-term wealth creation. Document the fund transfers clearly to avoid tax and legal complications. Avoid index funds and direct funds due to their limitations. Engage a Certified Financial Planner to optimise fund selection and monitoring. A diversified portfolio will help you achieve your financial goals efficiently.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

Ans: Breast Reduction will definitely help you as they have helped many others with similar problems. Please consult a plastic surgeon.
It is generally a very safe surgery

Ans: Hello;

It is generally recommended to keep insurance and investment separate.

For protection you should have an adequate term life cover and use mutual funds, NPS, PPF, SSY, real estate and gold for your investments.

We will not be able to indicate preference for a particular firm in line with the neutral mandate for this platform however you should check past performance of the funds from these insurers and also their Charges including fund allocation, policy administration etc.

Also ensure that your annual premium is below 2.5 L so as to avoid paying LTCG tax on maturity proceeds.

Happy Investing;
X: @mars_invest

Ans: yes, fmcg not good due to high inflation

Ans: see today dear

Ans: 01. Cost of 300 RIL Shares being sold now, shall be your Cost, at which you purchased first lot of 500 shares. This info should be available with you.
02. Cost of bonus shares, shall be treated as nil/zero to workout Capital Gains, when you sell those shares. You may adopt the principle of FIFO (First in First out), to trace the cost of shares.
Most welcome for any further clarifications. Thanks.

Ans: Your target is Rs 3 crore by age 55 and an additional Rs 1.5–2 crore for your children’s education. Your current investments and disciplined approach provide a strong foundation to achieve these goals. Below is a detailed roadmap to optimise your strategy.

Assessment of Current Financial Position
Income and Expenses

Monthly income of Rs 1.73 lakh offers good cash flow.
EMI of Rs 55,000 is manageable with your earnings.
Assets Overview

Apartment value is Rs 1.3 crore.
Investments in PF, VPF, PPF, NPS, mutual funds, and company stocks are diversified.
Insurance Coverage

Health insurance of Rs 15 lakh is adequate but needs enhancement.
Existing Investment Discipline

Monthly SIPs of Rs 26,000 and NPS contributions are commendable.
SBI MaxGain account with Rs 26 lakh improves liquidity and reduces loan burden.
Key Strengths
Disciplined Investments

Regular SIPs and long-term investments show a consistent savings habit.
Adequate Liquidity

SBI MaxGain account provides flexibility for emergencies or prepayments.
Strong Provident Fund Base

PF balance of Rs 35.5 lakh is a significant asset for retirement.
Key Challenges
Under-Optimised Investments

Current SIP amounts need an increase to meet future goals.
Insurance Coverage

Life insurance through a traditional plan may not be cost-efficient.
Education Costs Rising

Children’s education costs need more focused planning.
Strategy to Achieve Rs 3 Crore and Children’s Education Goals
Enhance SIP Investments

Increase monthly SIPs from Rs 26,000 to Rs 45,000.
Focus on actively managed equity mutual funds for higher growth.
Optimise Traditional Insurance

Surrender SBI Life Shubh Nivesh policy.
Reinvest surrender value into mutual funds for better returns.
Increase Provident Fund Contributions

Continue VPF contributions for guaranteed returns and tax benefits.
Aim to increase PF balance to Rs 75 lakh by retirement.
Focus on NPS Growth

Increase monthly NPS contribution to Rs 15,000.
Benefit from tax deductions and long-term compounding.
Addressing Children’s Education Costs
Dedicated Education Fund

Start a dedicated mutual fund SIP of Rs 15,000 for education expenses.
Choose funds with a growth-oriented approach.
Utilise MaxGain Account

Allocate a portion of the Rs 26 lakh for children's education fund.
Systematic Withdrawals

Plan withdrawals strategically to minimise tax burden.
Managing Home Loan and Debt
Prepay the Loan Strategically

Use surplus funds in the MaxGain account to prepay the loan periodically.
Reduce interest burden and improve cash flow for investments.
Balance Liquidity and Loan Repayment

Keep 6–9 months’ expenses in MaxGain for emergencies.
Use the remaining funds to reduce principal effectively.
Tax Efficiency
Optimise Tax Benefits

Maximise deductions under Section 80C for PPF, NPS, and VPF.
Claim interest benefits on the home loan under Section 24.
Capital Gains Planning

Plan mutual fund withdrawals to avoid higher LTCG taxes.
Use debt funds strategically for stable returns and lower tax impact.
Risk Mitigation
Enhance Health Insurance

Add a top-up health plan of Rs 15–20 lakh.
This reduces out-of-pocket expenses during medical emergencies.
Term Insurance for Life Coverage

Purchase a term plan for Rs 1 crore to secure your family’s future.
Ensure premium affordability while maintaining high coverage.
Final Insights
Your financial journey is on the right track with disciplined savings and investments. By increasing SIP contributions, optimising insurance, and strategically managing your home loan, you can comfortably achieve your goals. Focus on consistent investment growth while managing risks efficiently.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

Ans: Based on the limited information provided in the question, my comments are as under :
A. It seems ITD has rectified your assessment order, with NO DEMAND (after adjustment of Rs.18,000.00 paid by you) for the a/y 21-22.
B. Rs.49,000.00 which was adjusted from your Refund due for the a/y 24-25, shall be returned now.
Hope you understand the sequence.
Most welcome for any further clarifications. Thanks.