Community Q&A

I recently purchased a health insurance policy and noticed that GST is charged at 18% on the premium. Can someone explain how this is calculated? Is GST…

I want to invest Rs 10,000 per month via SIP in a Nifty 50 index fund for 10 years. Which index fund has the lowest expense ratio and tracking error? I am…

I am planning to apply for a home loan of Rs 50 lakh. My CIBIL score is 720. Is this sufficient to get a good interest rate from banks? What is the minimum…

My father is a senior citizen and has a fixed deposit of Rs 10 lakh at 7.5% p.a. What is the TDS rate applicable? Is it different from regular TDS on FD…

I live in a flat owned by my parents and pay them rent. I pay rent to my parents but my name is not on the rental agreement. Can I still claim HRA exemption?…

I want to know the current UPI transaction limits for regular users and KYC-verified accounts. What is the maximum per transaction limit? Is there a daily or…

I want to open a PPF account but my bank does not offer PPF accounts. Can I open a PPF account in SBI or HDFC Bank online without visiting a branch? What is…

I have a home loan of Rs 45 lakh at 9.1% interest rate with HDFC for the last 3 years. I have 17 years remaining. Another bank is offering 8.5% interest rate.…

I am 35 years old working in an IT company with a basic salary of Rs 1 lakh per month. My company offers NPS with 10% employer contribution. Should I also…

My UPI transaction to a merchant failed but the amount was debited from my bank account. The transaction status shows FAILED in my app. I have raised a…

I heard that NPS has new partial withdrawal rules from 2025. Can someone explain what the current rules are? How much can I withdraw, for what purposes, and…

I am planning to sell a house property that I bought 3 years ago. The sale value is Rs 80 lakh and the registry value is Rs 70 lakh. What are my tax…

I needed urgent cash and used my credit card for a cash advance of Rs 20,000. The bank charged a 2.5% cash advance fee plus 18% GST on the fee. The total cost…

I notice that some credit card transactions show an excise duty charge. How is this calculated? Is it a percentage of the transaction amount or a fixed fee?…

I want to understand the exact EMI formula used by banks for calculating loan instalments. I know the formula is EMI = P × r × (1+r)^n / ((1+r)^n - 1) where P…

I changed jobs and have lost access to my old EPF account. I have the UAN number but cannot login because I do not remember the password and my registered…

I have Rs 5 lakh to invest in equity mutual funds. My investment horizon is 5 years. Should I invest as a lump sum or through a monthly SIP? I understand that…

I am 30 years old, married with one child. I want life insurance primarily for protection. My agent is suggesting an endowment plan with bonus, but I feel a…

I have a gross income of Rs 18 lakh consisting of basic salary Rs 12 lakh, HRA Rs 3 lakh, and other allowances Rs 3 lakh. I pay rent of Rs 20,000 per month and…

I took a personal loan from an NBFC and noticed that they are charging 18% GST on the interest amount. Is this legal? I thought GST was only on financial…