Hi Ma’am, My parents are not agreeing for my marriage with an intercaste marriage and this is not the first intercaste marriage one of cousin tried convincing their parents for 5 yrs but eventually gave up and opted for court marriage today they are very happy even their parents has also accepted the marriage. In my case , my parents are mocking me for my feelings and emotionally abusing me and have crossed all their limits. They know my boyfriend from class 10th and their family too but the only issue is with then what others will say . My mother called my boyfriend and kept on saying leave me alone and in return my boyfriend said aunty I know this is the big thing we will not take any drastic step and without your approval we will not get married and I’m willing to wait for your daughter even if it is waiting for for 5-6 yrs . We both are doing pretty good in our career we both have been so focused with out life. But after this call she kept on saying he’s very manipulative as he did not disrespect my mother and as a result of this my mother and father kept on harassing me by saying ill and foul words to me. They are so lost in their ego that I am suffering from 104 degree fever and they are ignoring this fact kept on saying foul words to me. My mother day and night she’s entering my room is saying Every second I’m giving you baddua ( wishing something bad happen to me) . I put forth my point but they are not in state of listening and somewhere very unhappy that I’m not financially dependent on them so they are keep bashing my job. I have stopped talking to them regarding this topic and just having very minimal conversation with them and I’m not misbehaving with them for this also they are scolding me they want to act normally and come sit with them.

Ans: The cost of education, especially higher education, has been rising significantly. Assuming a 16-year horizon for your daughters, we need to estimate the corpus required for both domestic and international education.

Domestic Education Costs: Presently, premier institutions in India charge around Rs 25–50 lakh for undergraduate courses. Factoring an annual inflation of 8–10%, this amount may grow to Rs 1.5–2 crore per child for a 4-year course.

International Education Costs: For studies abroad, current fees range between Rs 1–2 crore for undergraduate programs. Adjusted for inflation, this could increase to Rs 3–5 crore per child in 16 years.

Considering both scenarios, you should aim for a total education corpus of Rs 6–8 crore. This amount provides flexibility for either domestic or international options.

Recommendations for Your Employer Stock Holdings
Your company stocks form a significant portion of your portfolio (Rs 5 crore). Holding large amounts in single stocks increases risk. Here's how to diversify systematically:

Gradual Divestment Plan: Avoid selling all shares at once. Instead, divest 10–15% annually over the next 5–7 years.

Reinvest in Diversified Assets: Allocate the proceeds into actively managed equity mutual funds, fixed-income instruments, and sovereign gold bonds. This ensures diversification across asset classes.

Tax Considerations: Plan divestment to optimise tax liabilities. Gains from these stocks may be subject to long-term capital gains (LTCG) tax at 12.5% after Rs 1.25 lakh.

Portfolio Rebalancing Advice
Your portfolio shows strong accumulation across multiple asset classes. However, rebalancing is necessary to manage risks and align with goals.

Asset Allocation Overview
Equity Investments:

You have Rs 1.6 crore in Indian equities and Rs 60 lakh in mutual funds. Including Rs 5 crore in employer stocks, equity dominates your portfolio.
Gradually reduce exposure to individual stocks and shift to actively managed equity mutual funds.
Fixed Income Investments:

Your EPF (Rs 2 crore), PPF (Rs 72 lakh), and NPS (Rs 12 lakh) provide stable, low-risk returns.
Keep these investments as a core part of your portfolio to ensure stability.
Precious Metals:

You have Rs 72 lakh in gold/diamond jewellery and Rs 51 lakh in sovereign gold bonds.
Jewellery has sentimental value but does not generate returns. Focus on financial gold like SGBs.
Real Estate:

Your real estate portfolio (Rs 8.7 crore) is substantial, with Rs 6 crore in your primary home.
Avoid adding further real estate investments due to low liquidity and high maintenance costs.
Cash and Bank Deposits:

Rs 60 lakh in FDs and Rs 8 lakh in SSYs are good for short-term needs and children's savings.
Suggested Reallocation Strategy
Increase Mutual Fund Investments:

Channel proceeds from employer stocks into equity mutual funds. Use SIPs or STPs for a gradual investment approach.
Actively managed mutual funds offer better returns and professional management.
Diversify into Balanced Assets:

Allocate a portion of your equity proceeds into balanced advantage or hybrid mutual funds.
These funds reduce risk and provide moderate growth.
Build an International Equity Portfolio:

Explore international equity funds to benefit from global diversification.
Strengthen Fixed Income Investments:

Invest in high-quality corporate bonds or debt mutual funds for additional stability.
Emergency Fund Allocation:

Ensure you have at least Rs 30–50 lakh as an emergency fund in liquid instruments like ultra-short-term debt funds.
Optimise SSY Contributions:

Continue annual contributions to the Sukanya Samriddhi Yojana (SSY) for tax-free growth.
Planning for Income Stability
You plan to work for 18–20 more years, but the volatile job market can be unpredictable.

Term Insurance Payouts:

In 7 years, your term plans will generate Rs 60 lakh annually till 2043.
Use these payouts to fund living expenses and reinvest the surplus for long-term goals.
Passive Income Generation:

Consider creating a passive income stream through investments in dividend-paying mutual funds.
Avoid single stocks for dividends as they are riskier compared to mutual funds.
Retirement Corpus Growth:

Your EPF and PPF are excellent retirement tools. Avoid withdrawals to maximise compounding benefits.
Additional Financial Goals
Healthcare Planning:

Rising medical costs make comprehensive health insurance essential.
Ensure sufficient health coverage for yourself and your daughters.
Estate Planning:

Create a will to safeguard your assets for your daughters.
Consider setting up a trust for seamless asset transfer.
Tax-Efficient Withdrawals:

Use tax-saving strategies while withdrawing from investments. Consult a Certified Financial Planner for guidance.
Some Final Insights
Your portfolio is well-diversified across asset classes, but equity exposure to single stocks poses risks.
Focus on systematically reallocating from employer stocks to actively managed mutual funds.
Aim for a robust education corpus of Rs 6–8 crore to meet your daughters' future needs.
Strengthen your financial plan with proper healthcare coverage and estate planning.
Regularly review and rebalance your portfolio to ensure alignment with goals.
Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: Retirement planning is crucial, especially when the goal is financial independence. Your corpus of Rs 1.25 crore and monthly need of Rs 75,000 require careful investment. The objective is to ensure the corpus lasts while meeting your expenses. Diversifying investments and balancing returns with risks is essential.

1. Emergency Fund Allocation

Allocate Rs 10 lakh to an emergency fund.
Invest this in liquid funds or high-interest savings accounts.
Ensure funds are accessible during emergencies.
2. Monthly Income Requirement Analysis

Your monthly need is Rs 75,000, or Rs 9 lakh annually.
This is around 7.2% of your total corpus.
Investments must generate this return without eroding the principal.
3. Systematic Withdrawal Through Debt Mutual Funds

Debt mutual funds provide stability and moderate returns.
They suit investors seeking steady cash flow.
Withdraw monthly using a systematic withdrawal plan.
Taxation Perspective

Gains from debt funds are taxed per your income slab.
Plan withdrawals efficiently to minimise tax.
4. Balanced Funds for Growth and Stability

Balanced funds invest in both equity and debt.
These offer potential growth and regular income.
They reduce risk while ensuring inflation-beating returns.
Why Avoid Index Funds?

Index funds lack flexibility in stock selection.
Actively managed funds provide better downside protection.
Fund managers can outperform during market fluctuations.
5. Actively Managed Equity Mutual Funds for Growth

Equity mutual funds can provide higher returns over time.
Opt for diversified funds managed by experienced professionals.
Use regular plans through mutual fund distributors with CFP credentials.
Why Choose Regular Funds?

Certified financial planners offer valuable guidance.
They assist in selecting funds tailored to your goals.
Direct funds lack this personalised support and expertise.
6. Fixed Income Options for Stability

Invest a portion in fixed deposits with reliable banks.
Senior Citizen Savings Schemes (SCSS) offer regular income.
Explore RBI floating-rate bonds for assured returns.
Benefits of Fixed Income Options

Low risk ensures stability.
These options supplement your core investment strategy.
7. Diversified Investment Portfolio

Allocate across equity, debt, and fixed income.
Diversification reduces risks and maximises returns.
Maintain liquidity for unplanned expenses.
8. Inflation Protection

Inflation erodes purchasing power over time.
Allocate 40–50% of your corpus to equity for growth.
Adjust allocations annually to maintain balance.
9. Periodic Portfolio Review

Review your investments every six months.
Adjust based on market conditions and life changes.
A Certified Financial Planner can guide these reviews.
10. Avoid Insurance-Cum-Investment Plans

If holding LIC or ULIP, consider surrendering them.
Reinvest proceeds into mutual funds for better growth.
Separate insurance and investment for clarity.
11. Health Insurance

Comprehensive health insurance is critical in retirement.
Avoid relying on savings for medical emergencies.
Ensure coverage meets inflation-adjusted medical costs.
12. Tax Planning and Efficiency

Structure investments to minimise tax outgo.
Utilise senior citizen exemptions and deductions wisely.
Keep track of the latest tax rules for financial decisions.
13. Creating a Will

Draft a clear and legally valid will.
Specify asset distribution to avoid future disputes.
Periodically update it as per life events.
Final Insights

Retirement planning is about ensuring financial independence and peace of mind. A diversified investment portfolio is key to balancing returns and stability. With disciplined management and regular reviews, your corpus can sustain your needs throughout retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: Hi,
(Hello sir/madam I am 34 years old, I have done pharmacy, MBA and am currently doing DLED, but I do not have a job, how should I make my career in teaching now, I feel low self-esteem now, I want to do something but am not able to do anything, please guide me.......)... The details you shared are insufficient for studying the query. Please provide more information on this platform to receive further input.

Ans: 01. Kindly mention, whether this was a STCG or LTCG.
02. You may set off STCL against any of the STCG or LTCGs. However, LTCG can be set off against LTCG only.
03. Loss can be carried forward for a period of 8 years, provided you have filled your ITRs.
Most welcome for any further clarifications. Thanks.

Ans: 01. Your question is not very clear. What I understand is :
You are Getting Salary from a Partnership Firm. You are incurring some expenses on your personal Car maintenance, which is also being depreciated & on your domestic servants also.
You are liable to pay Income Tax on your Salary from the firm, while no deduction would be allowed for Car maintenance & its depreciation etc. How ever you won't be entitle to Standard Deduction from Salary, since your salary income would be taxable under the head "Business or Profession".
Most welcome for any further clarifications. Thanks.

Ans: You are free to sell the agriculture land & it has got nothing to do with the Sales Tax Department. Please note that now, there is no Sales Tax but GST only.
02. You have to file your ITR for the period in which you sell the land, showing whatever, LTCG or STCG is there, after paying the tax worked out in your ITR.
Most welcome for any further clarifications. Thanks.

Ans: 01. You may pay off the housing loan & claim exemption u/s 54, BUT construction of house should be completed with in a period of 3 years from the date of sale of Flat (September,2024).
Most welcome for any further clarifications. Thanks.

Ans: 01. You have purchased the Flat in 2011.
02. SC has ordered you to pay Maintainence Charges of Rs.35.00 lakhs for the last 12 years. This means that SC has also accepted your ownership over the Flat for 12 years.
03. You may sell this flat if you want & it will generate LTCG, since it is owned by you for more than 2 years.
Most welcome for any further clarifications. Thanks.

Ans: Hello
You are 51 with fibroids, with menorrhagia
Firstly,
1) We Need to get usg 3 D pelvis done with fibroid mapping.
2) Blood test to see for CBC, tsh , prolactin, tsh level
Since you are 51 and if your hemoglobin is maintained and bleeding controlled, we can wait and observe with regular usg monitoring for fibroids
Since you are 51, there are chances of you being in perimenopause and menopause, so there are chances fibroids reduce in size, and you become asymptomatic because post menopause estrogen level drops and fibroids are estrogen dependent.
If wish to go for conservative management:
a) Cyclic Oc pills or continuous Oc pills to create pseudoamennorhoea which will control dysmenorrhea and bleeding
B) Lupron Depot is a synthetic hormone that reduces the body's production of estrogen and progesterone, causing a temporary menopause-like state. This can shrink fibroids, stop menstrual periods, and improve anemia.
Uterine fibroid embolization:
This minimally invasive procedure involves injecting small particles into the uterine artery to block blood flow to the fibroids.
Radiofrequency ablation (RFA):
This treatment uses microwave energy to treat smaller fibroids in people who haven't reached menopause.
Progestin-releasing intrauterine device (IUD)
This option is for women with fibroids that don't distort the uterus. It can reduce heavy bleeding but doesn't treat the fibroids.
But if symptoms like
Heavy periods
Pain
Frequent periods
Drop in hemoglobin
Disturbed quality of life
Then best option will be removal of uterus keeping ovaries intact if ovaries are healthy to maintain hormones.