I have been employed by an organization for the past decade, and my current annual compensation stands at approximately 24 LPA. In 2020, I tied the knot, and fortunately, my spouse also holds a position at an IT firm, earning around 16 LPA. Throughout my career, I have prioritized frugality and a saving-oriented mindset. My … Read more
I am a 40-year-old salaried individual earning a monthly salary of Rs 2.75 lakh, while my wife brings home Rs 1.35 lakh per month. She manages our household expenses, allowing me to focus on saving and investing for our future. My current plan involves allocating Rs 1.5 lakh per month towards SIP investments with the … Read more
If the sale proceeds are deposited in a home loan account of new property already purchased out of the said loan, will the deposited amount be eligible for capital gain exemption? Reply by Prabhakar K.S., Founder and CEO of Shree Tax Chambers It is appropriate to note here that in addition to buying a property … Read more