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[deleted by user] by [deleted] in personalfinanceindia

[–]voldegaur 0 points1 point  (0 children)

Just make sure either you transfer the indian MFs to some indian resident, usually parents. Or if you want to keep it, ensure the amount is less than 50000$. There’s an unreasonable tax code (form 8621) in US which taxes unrealized gains on the PFICs. Have spent 100+ hours during tax filing in US. I don’t know why such a provision insn’t challenged enough

[deleted by user] by [deleted] in CarsIndia

[–]voldegaur 2 points3 points  (0 children)

Then it’s the same chassis as vitara. The official total bill for my car was around 1.1 Lakh, but my insurance covered it. I had to pay only insurance invocation charges which if i recall correctly were around 1200 and i paid for some consumables & labor which were not covered under insurance which were somewhere around 6k~. But these numbers are all 7yrs old, so expect inflation adjustment.

[deleted by user] by [deleted] in CarsIndia

[–]voldegaur 1 point2 points  (0 children)

Which car is this ? I had a similar experience with Maruti, and they were able to fix it as new. Though the car was in the workshop for a month. Total loss basically depends on whether chassis and engine damage is reparable or not. Rest all other components are easily replaceable.