The Latest Breaking News from ET Wealth

My NRI status changed. Will interest earned on my NRE FDs be taxable in India?

ET Wealth reader's query: I was an NRI until FY2024–25. After relocating to India, my residential status changed to ‘resident’ from FY2025–26. While I was an NRI, I invested in fixed deposits through my NRE account, and these deposits are due to mature in FY27. Will the interest earned on…

The Economic Times · Sep 29

My sister gifted me Rs 37 lakh from land sale. Will she have to pay income tax?

ET Wealth Reader's Query: My sister and I received Rs 37 lakh each from the sale of agricultural land in our native place. She has gifted her Rs 37 lakh to me. Will she have to pay capital gains tax on the gift to me?

The Economic Times · Sep 22

How to get Rs 3 lakh/month from my Rs 2 crore EPF corpus?

ET Wealth Reader's Query: I retired at 53 and have Rs 2 crore in my EPF account. I understand that I can continue to earn interest on the balance for up to three years even without fresh contributions. What are the tax rules for this? My monthly expenses are Rs…

The Economic Times · Sep 8

Which ITR form should I file as I am a homemaker who has Rs 98,000 dividend income and paid Rs 4000 TDS?

ET Wealth Reader's Query: I am 43, a homemaker, with mutual fund investments of Rs 35 lakh and stock investments of Rs 50 lakh, mostly invested from my husband’s income. During FY2025 26, I received dividend income of Rs 98,000, on which TDS of Rs 4,000 was deducted. I have…

The Economic Times · Jul 28

Should I sell gold to buy a second home, or is it better to pledge it?

ET Wealth Reader's Query: I am 45, and want to buy a holiday home, or what may be called a second home. I do not have any major financial commitments apart from my two daughters’ education. I have also been investing through Systematic Investment plans (SIPs) for the past two…

The Economic Times · Jul 21

I have become a foreign citizen. Can my mother make me a joint owner in her property in India?

ET Wealth Reader's Query: I am a foreign citizen and an only son. My mother wants to make me the joint owner in a property that belongs to her. Is this permitted in India considering that I now have a foreign citizenship?

The Economic Times · Jul 8

My wife and I declared diabetes in our health insurance policy. Will it cover new illnesses too?

ET Wealth Reader's Query: My wife and I have had a floater health insurance policy for over four years. We declared diabetes as a pre-existing condition. Now we have high cholesterol and mild fatty liver. Will my insurance cover pre-existing and new illnesses?

The Economic Times · Jun 30

Gold falls Rs 15,000/10gm, silver slips Rs 45,000/kg in June 2026: Should you invest now or wait for further correction?

Gold and silver prices have seen significant drops in June, presenting a buying opportunity for new investors. Existing investors are advised against panic selling, with experts suggesting averaging down costs. The decline is attributed to the US Federal Reserve's hawkish stance and a strengthening dollar. Long-term investors can consider gradual…

The Economic Times · Jun 26

Can me and my wife claim LTCG tax exemption on gains from residential property sold in 2025?

ET Wealth Reader's Query: In 2025, I sold a residential property, which was purchased in 2008 in the joint names of my wife and I. However, my wife did not contribute financially to the purchase. I would like to know if both of us can claim long-term capital gains tax…

The Economic Times · Jun 23

Do I need to convert my leasehold DDA flat to freehold to sell it?

ET Wealth Reader's Query: I have a DDA flat since 2008, which is leasehold. I now want to sell it. Is it mandatory to convert it to freehold? Do I need the signature of the original allottee?

The Economic Times · May 26