It's very informative to read your column in Rediff. I have some queries I hope you can help me with:

I have not worked since 2017, and there is no income. But I have some investments in equities and equity MFs long term.

Hope to hear your valuable answers on these questions.

My questions are:

1. If I redeem my MF how is the capital gain tax computed? I know that 10% is the tax on the gains. But since I have no income and as there is no tax for earning till 2.5 Lakh, and additionally 1 lakh (or is it 1.5lakh) on equity MF redemptions, can I deduct 3.5 lakh from the amount received through gains and apply 10% tax on remaining?

Anil Rego::The basic exemption can also be claimed additionally.

2. Also, what is the difference in terms LTCG on long term equities, long term equity MFs and long term balanced MFs?

Anil Rego::Balanced MFs with equity holding above 65% and equity MFs, both are treated as equity funds and will be taxed as equity fund. Balanced funds with equity less than 65% will be treated similar to debt funds (non-equity).

3. Can long term loss in equity sale be adjusted with long term gain of equity MF or only with similar equity gains? Please advise.

Ans: Maintaining consistency in diet control and adapting lifestyle modifications is the key to a healthy body. For controlling cholesterol levels, follow a diet rich in fiber which acts as a scavenger to remove accumulated cholesterol in the blood vessels. Thus include fresh fruits, vegetables and whole grains in your daily diet. Inclusion omega 3 fatty acids that help in lowering LDL is helpful. Concentrated foods like sweets, chocolate cakes, pastries, ice creams and fried foods should be avoided. Animal foods, should be restricted in quantity. For lowering blood uric acid levels, avoid meats such as organ meat, seafood and high fructose foods or sweetbreads, which have high purine levels and contribute to high blood levels of uric acid. Limit the intake of vegetables with moderate purine content such as spinach, cauliflower and mushrooms.

Ans: To address your muscle loss, ensure you’re consuming an adequate amount of protein from lean protein sources such as chicken, fish, tofu, legumes, and low-fat dairy products. Your overall caloric intake should be adequate for your profile. Engage in regular resistance training exercises. Strength training helps maintain and build muscle mass. Staying hydrated is crucial for overall health, including muscle function. Consider consulting a registered dietitian to assess your specific energy needs based on your activity level, age, and health status.

Ans: In the unfortunate event of an accident with your Maruti Ertiga, a comprehensive car insurance policy will best serve your interests. Here's why:

Comprehensive Coverage:

• Third-party Liability: This is mandatory by law and covers any injuries or property damage caused to a third party due to an accident involving your car.
• Own Damage Cover: This protects your Maruti Ertiga from damages caused by accidents, theft, fire, natural calamities, etc.

Additional Coverage for Permanent Disability and Hospitalisation:

• Personal Accident (PA) Cover for Owner-Driver and Passengers: This add-on provides a lump sum payout in case of death or permanent disability due to an accident. You can extend this cover to include your passengers as well.
• Medical Expenses Cover: This add-on reimburses hospitalisation expenses incurred due to injuries sustained in an accident.

Here's what to consider when choosing an insurance provider:

• Claim Settlement Ratio (CSR): Look for insurers with a high CSR, which indicates a good record of settling claims promptly.
• Network Garages: Opt for an insurer with a wide network of cashless garages for repairs to ensure a hassle-free experience.
• Customer Service: Choose a company known for providing prompt and helpful customer service.

Popular Car Insurance Providers in India:

• Acko General Insurance
• HDFC Ergo
• The Oriental Insurance Company
• National Insurance Company
• Bajaj Allianz General Insurance

Researching and Comparing Policies

• Use online insurance aggregator websites to compare quotes from different providers. These websites allow you to input details about your Maruti Ertiga, your driving history, and desired coverage options. They will then provide you with quotes from various insurers, allowing you to compare prices and features.

Consulting a Financial Advisor

• Consider consulting a financial advisor who can help you assess your specific needs and recommend the most suitable car insurance policy for your Maruti Ertiga.

Ans: Yes dietary and lifestyle management along with proper medication is very important!!

Incase of fasting, you need to do it under proper medical guidance!

Ans: - Avoid sugar, honey and jaggery in the diet
- Avoid coconut water, fruit juice and sugarcane juice
- Include protein with every meal(milk, curd, eggs, chicken, fish)
- Early dinner
- Quality sleep
- manage stress

Ans: Please see a Diabetologist!
You will require medicine support along with dietary and lifestyle changes!

Ans: You're doing well. At this point, I recommend maintaining regular visits to your doctor to monitor your heart and blood pressure status.

Ans: Thank you for your questions. I agree with your concerns about posture and its impact on confidence. I recommend consulting a physiotherapist to assess your condition and determine the underlying reasons for forward shoulder posture. Activities that involve prolonged periods of looking down, such as using smartphones or laptops and sitting for extended periods, can contribute to this issue. Stretching and strengthening exercises like Scapular Squeezes, T stretches, shoulder bracing, and shoulder retractions are generally beneficial. Improving ergonomics can also help prevent further deterioration. I wish you a speedy recovery.

Ans: It is high. Need to find the cause and correct it.