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Ans: Hello Surander
Foreign-trained doctors would need an employment offer with a hospital or healthcare institution in Singapore before applying for accreditation to SAB. SAB will only accredit a doctor for specialist practice based on the approved list of specialities and sub-specialities.
So the steps would be:
Secure a job with one of the many healthcare institutions in Singapore;
Register with the Singapore Medical Council (SMC); and.
You must get Accredited by the Specialists Accreditation Board (SAB) before registration if you are practising as a specialist.

Ans: The penalty for premature closure of a PPF account after 25 years is typically 1% reduction in the interest rate that would have been earned. This penalty is applied from the date of the extension, not from the date of opening the account.

Given your situation where you're facing an emergency and need to withdraw funds, it's important to understand that while PPF offers excellent tax benefits and compounding growth, it's also meant to be a long-term investment with a lock-in period of 15 years. Even after this period, partial withdrawals or loans are allowed under specific conditions, but the full withdrawal before maturity attracts the penalty.

In emergencies, it might be worth considering other available options before prematurely closing your PPF account, such as taking a loan against the PPF balance or exploring other liquid assets you might have. However, if you find that closing the PPF account is your only option, do factor in the penalty and tax implications to make an informed decision.

Always consult with a financial advisor or tax consultant to understand the implications fully and make the best choice for your situation.

Ans: You will be allowed to withdraw 60% of the balance at the beginning of extended period (block of five years).
It means, let us say the account matured on 1st April 2023 and the available balance is Rs.8.5 Lakhs. Then, you are allowed to withdraw 60% of this Rs.8.5Lakhs during the block period of 5 years. This can be withdrawn either in a single withdrawal or in instalment each year. However, only one withdrawal is allowed in a financial year.

Ans: You will be allowed to withdraw 60% of the balance at the beginning of extended period (block of five years).
It means, let us say the account matured on 1st April 2023 and the available balance is Rs.8.5 Lakhs. Then, you are allowed to withdraw 60% of this Rs.8.5Lakhs during the block period of 5 years. This can be withdrawn either in a single withdrawal or in instalment each year. However, only one withdrawal is allowed in a financial year.

Ans: very good company, hold for long term !!
thanks

please note : Investing strategies depends on your risk appetitive, so Please consult your financial advisor and then take further decision.

Advait Arora @wealthenrich

Ans: Hello, you can slowly diversify your funds into mid cap, small cap, thematic funds, etc.
For now you can withdraw amount up to 90K profit, so that you don't have to pay any LTCG for FY 23-24 and park it in a small cap fund using STP for 10-20 weeks.

Ans: Hi Surander, thanks for writing to me. You can continue investing in the fund.

Ans: Hi Surander, thanks for writing to me. Please let me know which scheme of HDFC you are investing in for me to guide you better.

Ans: If this is the only asset you have and the only mutual fund that you are investing in, then my suggestion is to have 3 funds with a break up of 40% small cap , 40% mid cap and 20% large and mid cap instead of just one mid cap fund. There are other AMC's which have good funds as well, you can have a look at them for your investments.
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.