Hello, Shri Vivekji, my wife purchased plots worth Rs.135000 in August2002 and sold the same at a cost of Rs.1200000 in July2024. whether she will have to pay the income tax if any and how much, please suggest.

Ans: You must get a good health insurance policy covering both of you. Under Sec80 D it provides deduction upto 50K per year for Senior Citizens with additional 5K deductible towards preventive health checkup. For more avenues of tax optimization it is advisable that you consult income tax lawyer/CA.

Ans: Option a. As mentioned in your question is the way how it would be looked at, from capital gain tax perspective (100 shares at original price & date of purchase & 300 shares at zero price with date of allotment as reference for determining LT or STCG)

Ans: Considering your age(64 years) you are not eligible for EPF as well as ESIC

Ans: Hello
It’s sad that you've been suffering for the past 4 years and no lasting solution has been provided. It is quite possible that your problem is not dental in origin. You have clearly stated that you have consulted several dentists (including a TMJ specialist) so it is safe to assume that you no longer have any untreated dental infection or abnormality.
My advice to you would be to consult a reputed Neurologist or Pain Management specialist.

Ans: If your Aadhaar and bank details are linked on the UAN portal and your UAN is active, use the Composite Claim Form (Aadhaar). You can fill and submit the form directly to the EPFO office without requiring attestation from your employer.

Ans: EPF account turns inoperative after 36 months of consecutive NO contribution. Hence no interest accrues on such inoperative accounts. Your spouse needs to visit nearest EPF and complete formalities to activate and withdraw the EPF balance. You may need KYC documents and letter from her last employer.

Ans: In case your husband or MIL has a legally valid will then it will help because Legal Will supercedes nomination and it can enforced through Courts. In the absence of a Will you may have to get a succession certificate issued by Court. Also you will need affidavits from your sister-in-law or their heirs regarding their No Objection to you receiving the balance 50% share of your husband's PPF account nominated in favor of your MIL. Also plz. Seek legal advice if required.

Ans: Hi
Why do you think so? It is not compulsory to choose a medical field if somebody opts for PCB in the 12th. There are many degree / diploma / certificate courses which will help to stand in the future. There are ample success stories when students crack the CA exam after 12th science. Even you can think so! If you know the basics of computers then you can join multiple job-oriented computer courses to get a job in the IT field. if you are creative, you can join to Arts degree/diploma courses. By doing this, you can start your business or get a job in multimedia companies, Advertising companies, film cities, and a lot more.
If you have art or skill in any field, success will be there always. Explore your potential and choose the right field. No need to get frustrated. In life, nothing is dependent on PCB. If not satisfied, leave it and search for the better one.
Best of luck for your future.

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Ans: Zomato good