Readers’ Corner

Every year on April 23, World Book and Copyright Day is observed. This day celebrates literature in all its forms and encourages readers to enjoy reading

Eminent Indologist Wendy Doniger's latest book focuses on the final days of the protagonists of the epic and makes their stories come alive with different meanings

Kartik Jhaveri answers all your financial planning queries

Can you claim refund on a curtailed trip?

One's decision to opt for a new policy should not be based on the premium to be paid alone.

It would be best for both of you if you can complete the distribution of assets amongst yourselves amicably, says financial planner Kartik Jhaveri

You should approach an insurance company of your choice and get an insurance cover for your vehicle immediately. The insurance company may want to inspect your vehicle

One can purchase a fresh policy with comprehensive coverage wherein own damage risk of the vehicle will also be covered along with third-party (TP) liability cover

Ordinarily people derive a lot of comfort from investing into PPF, and rightly so

There is no harm in being invested forever, but understand that a gilt fund's net asset value (NAV) is sensitive to many factors

If the reimbursement is for employee-owned vehicle, which we assume is a car, then nothing is taxable where reimbursement is for official duties

The income shall be considered as taxable in the year in which the specified authority issues the certificate of completion for the whole project and not in the year of transfer of such land

Capital gain accounts are of two types

One capital asset for computing capital gains under Section 45 of the Income-Tax Act includes jewellery, ornaments made of gold, etc

Readers' corner: Life insurance

SIP is a disciplined mode of investment in mutual funds

When you purchase a health insurance policy ensure you have adequate sums insured, minimum waiting periods and minimum sub-limits

Medical examination during the purchase of a life insurance policy depends on various factors like the proposer's age, risk cover of the policy, sum assured, and the policy type

Savings last longer if you do two things: save more by spending less while you work, and invest smartly so you can earn a better return

Answers to insurance-related questions sent to us by our readers