You can reach your financial goals by consistent with your investing habits. It is now an un disputable fact that long-term equity investment outperforms almost all other investment classes. The unhelpful fact is that volatility in equity asset prices in the short term deters the small and middle class investor from investing. But SIP in diversified…
While Long Term Capital Gains are a new reality, investors should focus on Letting Their Capital Grow. It would be fair to say that as investors, we all prefer tax free investment alternatives. But let’s face it: tax on Long Term Capital Gains is a new reality when it comes to stocks or equity oriented mutual funds. As long term investors, this…
LTCG won’t be the key reason for market to fall.. may be it will be used as an excuse … Feedback from Market veterans on LTCG Everyone sounded disappointed, but said now its reality so need to move on Grandfathering is good decision (Or else markets would have fallen sharply). From here till March 31st…
In the context of upcoming General Elections, Budget 2018-19 laid a strong focus on the agricultural, Infrastructure, healthcare and education sectors in the country. Some of The Key Highlights of the budget are as follows: Taxation: 1) No change in the structure of the income tax rate for individuals, HUF, Firms and Companies. 2) For AY…
The equity asset class has been in a sweet spot in recent years with the S&P BSE Sensex returning nearly 13% CAGR in the past four years ended January 15, 2018. On the other hand, interest rates on fixed income tax-savings instruments have been declining in recent years. For instance, the interest on the popular public provident…
Markets cheered the New Year as major global markets gained in the first fortnight of 2018. There was a general optimism among investors in the U.S. which overcame weak economic data. The unveiling of new rules for European financial markets gave a fillip to sentiment in the region. Upbeat economic data also contributed to the…
As per the recent amendments to Prevention of Money-laundering (Maintenance of Records) Rules, 2005, it is mandatory for investors to link their Aadhaar with their Mutual Fund folio(s) on or before March 31, 2018, failing which investors will be unable to carry out any transactions in the folio. In this regard, the Aadhaar can be updated by your…
80 C : Max limit : 150000/- MF-ELSS, Pension Plans, Life Insurance, PF, PPF etc 80CCD : 50000/- NPS 80CCG : 25000/- or 50% of your investment which ever is less 80D : 25000/- Mediclaim Policy for self spouse, children 80D : 30000/- for dependent parents u/s-80D. Medical reimbursement :- 15000/- US 17(2) 80DDB : Medical expense occurred…
Don’t leave home without these. No matter who you are, how much you earn, or how you invest, a few truths apply to you and your money. Spending money to show people how much money you have is the surest way to have less money. Singer Rihanna earns tens of millions of dollars, but found herself…
On July 9, 2015, U.S. Ambassador to India Richard Verma and Indian Revenue Secretary Shaktikanta Das signed an agreement to implement the Foreign Account Tax Compliance Act (FATCA). The agreement is designed to increase transparency between the two nations on tax matters. The agreement takes effect September 30 and underscores growing international cooperation to end…
