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Ans: During market volatility, opt for diversified equity and multi-cap funds to spread risk. Balance your portfolio with defensive options like large-cap or balanced funds for stability. Choose funds with consistent performance, stable management, and quality holdings. Maintain a balanced asset allocation aligned with your risk tolerance. Utilize SIPs to benefit from rupee-cost averaging, considering balanced funds for a middle-ground approach. Keep a long-term perspective and regularly review your investments. Remember, while investing involves risk, thorough research, diversification, and professional advice can help navigate volatile markets and achieve your financial goals.

Ans: You will never be able to time the market, don't make that mistake. Stay invested.

Ans: Hi, This is Nitin. But that doesn't matter!
An interview is an interaction between you the seller and the employer, the buyer. I will give you the following quick tips..
Read up on the company and job requirements.
Carry out a SWOT analysis of yourself to know your self better.
Be confident, you will face some anxiety though. When you get tense, just say relax relax relax in your mind.
Don't underlay yourself or for that matter don't be boastful.
Remember, at the end of the day, it is more for your attitude than for the degree/ qualification you hold that you will be selected!
Rest of the smaller tips are available online!
Cheers and all the best!

Ans: Hi, 10 years is a long term. You can invest in diversified equity funds. You can invest via lump sum and SIP. Though it can give you negative returns in the short run, it will give you inflation beating returns in the long run.

Ans: In the current week looks difficult to cross 18000........Next week its possible
Nifty support: 17650 Resistance: 18000
Bank Nifty : support: 41000 Resistance: 42000

Ans: The Budget Figures this time around were quite pragmatic and believe it's achievable. The budget was neutral and mildly positive for the market directly. The biggest fear of tinkering with the Capital Gains Tax was unfounded - thus a big relief for the markets. Pushing tax payers to the new regime would mean lesser forced savings - so flows from that angle to ELSS schemes will reduce - but that's marginal . With spend on infra and related - it will mean economic growth and higher employment - which is good for the markets in the longer run. When a budget is solely meant for the capital markets - it's called a "Dream Budget" but now a days budgets have become a non-event - the effect doesn't last beyond a few days - and it's natural that in these times - important changes/policies/announcements happen outside the budget. (Disclaimer : The views given are personal. Please consult your CA or Investment Advisor/Tax Consultant before acting on my views)

Ans: Hi Prasanna, Long Term insurance is only mandated for new vehicle as per IRDAI.
In Long Term policy (3+3), a standard agreement is signed due to which the policy's premium will remain unchanged whether you claim in the policy or not.
However in single year motor policy, you will lose your NCB (no claim bonus) after claim which will increase the premium at the time of renewal.
If a person claims in a five year tenure policy, the process of claim will be standard. Post claim, the coverages & premium will remain unchanged.

Ans: Hi Prasanna, long term insurance is only mandated for new vehicle as per IRDAI. In a long term policy, a standard agreement is signed due to which the policy's premium will remain unchanged whether you claim in the policy or not.

However in a one year tenure motor policy, you will lose your NCB (no claim bonus) after claim which will increase the premium at the time of renewal.

Ans: Hi Prasanna, life insurance protects your family in case of an unfortunate demise of the policy holder. In case of a premature death, while in case of annuity plans, it protects your income if you live longer than the expected term.

Ans: What is his age ?

Ans: Hi Prasanna
While the increase in limit from Rs. 5 Lakhs to Rs. 7 Lakhs is merely to accomodate the lower income segment and does not really make a difference to the highest tax bracket individuals. In this context, earlier, individuals whose income did not exceed Rs. 5 Lakhs had to pay Nil tax whether or not they opted for the new regime. The budget proposals has enhanced this limit to Rs. 7 Lakhs for individuals who opt for new tax regime but the earlier limit of Rs. 5 Lakhs would remain for individuals who opt for the old regime.

The slab rates for new tax regime have been tweaked to provide a small reduction in the tax liability as compared to the previous year.

Also, standard deduction benefit that was not available to an individual opting for new tax regime has now been allowed.

All in all, opting for new tax regime may now be beneficial.

Ans: In Budget 2023, it is proposed that if person is earning income upto 7 lacs and opting for new tax regime (i.e. forgo deduction on interest on self occupied housing loan, exemption of HRA, deduction on tax saver investment covered in 80C,80D etc); 100% tax rebate will be available and person will not be required to pay tax. In addition to it is also proposed that standard deduction of Rs.50,000 is also available for person opting for new tax regime in FY 2023-24.

Ans: Dear Anonymous,

It isn't true that all men and boys seek only physical relationships. I am sorry that you have had that experience, but please don't write off everyone based on them.

When an emotional relationship matures, there might be some expectations of being physically intimate; that's normal. It isn't necessary that soon as you get intimate with a guy, he'll be done with you. Physical intimacy can very well be another expression of love. At the same time, if you are uncomfortable with it, you don't have to go there. And no decent guy will ever force you.

Relationships don't end because you got physical too soon; they end because you fell for the wrong person.

Hope this helps.

Best wishes!

Ans: There are several ways to cope with post-COVID-19 insomnia.

Some really effective methods include:

Stick to a consistent sleep schedule: Try to go to bed and wake up at the same time every day, even on weekends.

Create a relaxing bedtime routine: Establish a routine that helps you relax before bed, such as reading or listening to soothing music.

Avoid stimulating activities before bed: Avoid watching TV, using your phone or computer, or engaging in other stimulating activities in the hour leading up to bedtime.

Limit caffeine and alcohol consumption: Consuming these substances can disrupt sleep, so it's best to avoid them, especially in the evening.

Get regular exercise: Regular physical activity can promote better sleep, but it's best to avoid vigorous exercise close to bedtime.

Try relaxation techniques: Deep breathing, yoga, or meditation can help you relax and prepare for sleep.

Consider NLP interventions. NLP can help people with insomnia change their thoughts and behaviors related to sleep.

It's important to note that if your insomnia is severe or persistent, it's best to consult a healthcare professional for an evaluation and for the best approach.

Ans: Difficulty is expression is primarily because of two reasons ( there could be others also). One - The lack of expression skills. ( yes, artful expression is a skill and can be learnt). Two - Some fears or beliefs regarding consequences. These issues and other reasons can easily be overcome using NLP Coaching. You can contact me or any experienced NLP master coach to do sessions or NLP training and overcome these issues.

Ans: Hi Prasanna,

Post his Class Xth, let him focus on subjects and topics that he is most comfortable in. While one school of thought is to push him to pursue Science so that he can do engineering, ideally my recommendation would be to take up a subject that he feels most comfortable about. It will help him focus on training and he can also prepare himself to become a better athlete, in parallel. One of the biggest focus areas that would need to manage is to find a school that respects his passion and gives him enough time to participate in tournaments and also practice. And after his school education, if he wants to pursue sports seriously and build a career, I would recommend you check out options in Australia and the USA, where sports education is considered a strong field & he also gets access to good infrastructure and facilities to practice and prepare. Within India, you have the following institutions that are considered good:

(a) Indira Gandhi Institute of Physical Education & Sports Sciences, New Delhi
(b) Netaji Subhash Chandra Bose Institute of Sports, Patiala
(c) Punjab University, Chandigarh
(d) College of Physical Education, Pune
(e) Lakshmibai National College of Physical Education, Thiruvananthapuram

Ans: The Finance Act, 2017 inserted a new sub-section 5A in section 45. This deals with the capital gain in case of re-development of any land or building or both. This effectively breaks up the transaction into two parts-
1. Transfer out of share in property to the developer (Triggers capital gains)
2. Investment into the house provided by the developer.
If one chooses to cash out, you will need to pay capital gains based on (1) above. If there is an alternate property provided to you, this is treated as reinvestment under section 54. You need not need to pay tax if there is no cash payout to you as part of the redevelopment.

Ans: As per the provision of the Income Tax Act, in case owner of residential property, transfer said building for the redevelopment project and because of said transfer, any capital gains arising to those individuals, such gains would be taxable in the year in which the competent authorities issue a certificate of completion for such project. However, in case where the said individual transfer his share in the redevelopment project i.e. transfer the building before the said completion certificate is issue, the capital gains shall be taxable in the year in which the transfer takes place and the above provision of the act would not be applicable.Therefore, if Mr. Prasanna D does not transfer his share in the redevelopment project till the date of issue of completion certificate, then the above provision of the act applied and tax required to be paid in the year when completion certificate is received. However, if Mr. Prasanna D get remunerated from developer it seems that Mr. Prasanna D selling his share in redevelopment project before issue of completion certificate and therefore the tax require to be paid in the year when he actually entered into the agreement with developer.And for the purpose of calculation of capital gains, the stamp duty value (SDV) of the building as on date of issue of completion certificate, pertaining to the owner’s share in the redevelopment project or any remuneration received shall be taken into account and tax require to be paid on such gain arising to Mr. Prasanna D.

Ans: The old regime works better when you have a home loan (and if you are in the higher tax slab) since one cannot claim benefit on home loan interest, and on section 80c for principal repayment or other tax saving investments under the new regime.

Ans: Hi Prasana, Since you have neither given your qualifications nor your reading preferences, i will assume that you are a graduate and not a book buff. I suggest you go for simple books by Indian authors as they become more relatable. Besides general motivation you should read books on people who's stories can motivate you. I can suggest three books to motivate you. you can read two books written by me- 'Excellence the Amitabh Bachchan way' and 'Creative entrepreneurship the Walt Disney way. Both published by Rupa Publishers and on Amazon, Flipkart. You can also read 'Talking straight ' by Lee Iacoca. Search for this on Amazon. Hope these help you.

Ans: Good noon Prasanna, it's the dilemma like to be or not to be faced by Prince Hamlet. Well I will share a nice quote with you, while Investing always think 10 years rather than 10 minutes, so it depends as to what purpose or goal you are choosing a debt fund. As per thumb rule I believe in riding interest rates scenario, it makes sense in choosing short term debt funds rather than long term, that too now.I really use debt as a vehicle to park money for short term only

Ans: Income tax department usually issue notice to verify source of money for acquiring house, in case taxpayer doesn't have sufficient source of Income. In your case, taxpayer has acquired house from genuine source of Income and said income is correctly offered to tax, than income tax department will not take any penal consequences.