I had purchased some stocks in 2015. I have sold them in 2021. I would like to know the tax implications as there was no long-term gain on equity before 2018. In your previous column, you answered the query regarding grandfathering clause and purchase price calculation.

I would like to know that, if the total gains in my stocks plus MF do not exceed the Rs 1 lakh threshold, do I need to report the gain in my IT returns? I am in the 30 per cent tax bracket.

I have two more questions:

1. Is it beneficial for me to invest in NPS for the Rs 50,000 tax savings, since this will be locked in until I turn 60 years -- ie approximately 15 years from now. As I am utilising Rs 1,50,000 in my PPF savings, an additional Rs Rs 50,000 saving will be useful.

2. Are the returns on NPS equal to or better than other saving instruments?

Kindly guide.

Ans: Hello;

Request you to kindly rephrase your question.

Thanks;

Ans: He must have an excellent GMAT score if he wants to do MBA from top 10 B-School of USA. Which field will be best for him that can't be told unless I talk to him. If he wants to return to India then why so much money is being spent for his education in USA? With a degree from USA he will not get any special treatment in Indian companies. I am always there to support him. Best of luck to your son. But take judicious decisions, because DECISION DECIDES DESTINY. GOD BLESS YOUR SON. Professor.........................:)

Ans: You are in finance and your complete experience is in finance. I would advise you to go for at least an online MBA in finance and try for the job in India. I am sure you will get it due to your huge experience. I am always there to support you. Best of luck. GOD BLESS YOU. Professor.........................:)

Ans: First, it might be helpful to reflect on your relationship itself. After four years, you likely know each other well, and it’s good to take stock of what you value in your partner. Think about whether you see a long-term future together, especially in terms of shared goals, values, and mutual support. These are the foundational elements that matter most, regardless of background or status. If you’re truly aligned, you can have confidence that you’re making a choice based on a solid partnership.

If you’re still sure about moving forward, you can prepare to approach your parents again. This time, try focusing on helping them see him as a person rather than through the lens of caste or financial background. Highlight his qualities—his character, values, work ethic, and the positive impact he has on your life. Family resistance often stems from fears about compatibility or security, so if you can show them that he’s a stable, dependable person who brings happiness and balance to your life, it may help ease their concerns.

At the same time, it’s natural to worry about how lifestyle differences might play out. You might consider having an open conversation with your partner about any potential challenges you foresee. Talking openly now about things like finances, family roles, and lifestyle expectations can give you both a clearer picture of what marriage will look like and whether you feel ready to commit.

If you’re still unsure, give yourself time to think it over without pressure. Marriage is a big commitment, and it’s okay to take your time. Make sure your decision reflects what’s truly right for you and the life you want to build, and trust yourself to make the choice that feels right in the end.

Ans: It might help to approach this from a place of calm and clarity, starting by recognizing that both your husband and your sister likely feel hurt in their own ways. Your husband’s demand for an apology may come from years of built-up tension and perhaps a feeling that he hasn’t been supported in the past. On the other hand, your sister may feel hurt or defensive, making her unwilling to apologize. While it would be ideal for them to resolve this between themselves, you’ve noticed that it’s now affecting your son, and you understandably want to protect him from being caught in the middle.

When talking with your husband, you could try sharing your perspective calmly, focusing on your son’s well-being. For instance, you could gently explain that keeping your son away from his aunt might make him feel confused or torn. Rather than asking your husband to change his mind outright, it could help to show him that your main concern is your son’s happiness, not taking sides. If he understands that this isn’t about undermining his feelings, he may be more open to a conversation.

With your sister, if you have a trusting relationship, consider sharing that her relationship with your son is important, but so is reducing tension in the family. Without asking her to apologize, you might just express that a little openness on her part could make a big difference in helping your son maintain his connections.

This might take time to work through, and that’s okay. In the meantime, keep reassuring your son that he’s loved by everyone. Explain to him that sometimes adults have disagreements, but it doesn’t change the fact that he’s cared for. Keeping those bonds strong now could help everyone come to a better place down the line.

This is a tough situation, but focusing on your values—family harmony and your son’s well-being—can help guide you through it.

Ans: Dear... Request you to mention the question in precise way to understand what exactly you require from us. Big question normally indicates state of confusion somewhere hence difficult to repply which will satisfy you.

Ans: Dear ...Considering the need of hour and Salary offered in different deptts of any pharma company , if you find MBA in Pharma Management from any reputed organisation , pl. go for it.

Ans: you are very young, and this will help you to clear your debt, stay focused and see if you can do some additional activity for revenue generation. Dont be shy in doing any job.

Ans: He will be definitely placed through his college. But if he wants to pursue MS from USA then the financial support required is 80 Lakh to 1 crore rupees. Apart from that he needs an excellent GRE score, good TOEFL score, Three good recommendations and one SOP ( Statement of Purpose). Best of luck to your son. GOD BLESS HIM. Professor......................:)