Page 21 - Your Money

Section 54F: Avoid capital gains tax on jewellery sale with house buy

In India, no tax has to be paid on inheriting gold, but its sale triggers capital gains tax

Top-up home loans work best when repaid quickly; avoid overleveraging

Avoid overleveraging or using these funds to finance non-essential lifestyle expenses

Investors betting on longer-duration debt funds need to be patient

Experts say while rate cuts remain on the table, their start is likely to be delayed

You should invest in silver gradually or on pullbacks after the rally

Opt for a silver exchange-traded fund or a fund-of-funds having low expense ratio and tracking error

Bypass MFs' foreign investment limits, access wider product menu via LRS

Consider this route after developing a robust domestic portfolio and if you can invest minimum $50,000 annually

Debt settlement offers immediate relief but damages your credit score

A debt settlement involves negotiating a single payment with the creditor that is lower than the amount owed

Investors should sync tax savings with goals and cash flow needs

Even ELSS, being an equity fund, should be purchased with minimum seven-year horizon

Experts suggest to keep low-cost Nifty 50 index fund at core of portfolio

If risk appetite permits, consider active midcap and smallcap funds, and factor funds in satellite portfolio

Enhance portfolio resilience by investing in MNC fund: What is on offer?

These funds, however, tend to underperform when domestic cyclicals do well

Opted for old tax regime? Explore last-minute income tax saving options

Last-minute income tax saving options: ELSS funds, PPF, NPS, and fixed deposits are some of the popular options under section 80C. Don't forget health insurance

Manage trading capital efficiently with liquid exchange-traded fund

Switching between cash and equity and back becomes seamless

Where TMFs score: Transparent, low on credit risk and cost-efficient

FMPs don't face the issue of liquidity management but have higher costs

Multi-point trip: Tax break is on direct travel cost to farthest place

Journeys with foreign leg not eligible for benefit, even if they start and end in India

Obtain secured credit card, repay regularly to repair credit history

Use less than 30% of card limit; avoid frequent loan applications

Yellow metal: Commit to minimum 7-year horizon after rally in gold

Buy in a staggered manner; rebalance if allocation exceeds 15%

File updated ITR before Mar 31 to reduce risk of scrutiny, penalties

ITR-U can be filed under specific conditions; can't be used to reduce tax liability

Arbitrage funds: Returns likely to be healthy in rising or volatile markets

Excess funds chasing arbitrage opportunities may, however, reduce potential returns

Cross-check with multiple lenders for accurate valuation of gold loan

For fairer assessment, select a lender that uses an external assayer

Why women's retirement, financial planning must differ from men's

Save diligently to counter the impact of career breaks, establish emergency fund to avoid touching the retirement portfolio

Exit small, midcap funds if risk appetite low and time horizon short

Those having considerable amounts of both should rebalance and stay put