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…
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…
Retirement planning is one of the most important goals in the life of an individual. Typically, individuals prepare during their 30 years of working age acquiring knowledge, skill and sufficient income in order to live a good life post-retirement. The post-retirement life is expected to be as long, with increase in life expectancy and hence…
As on December 31, 2014 Reliance Tax Saver Fund stood at number one position under the equity tax planning category. Its Net Assets stood at Rs. 3618.07 crore. For a time period of one year the fund has given a substantial 86.49%, while for a time period of three years the fund has given a…
Please find herewith Income-tax Rates in India for Resident Individuals / HUF, Domestic Corporates and NRIs on Investments in Equity Mutual Fund Schemes for the FY 2014-15. Budget 2014 saw two changes in the tax applicable to mutual fund investments in non-equity schemes. One is regarding Dividend Distribution Tax (DDT) and the second is regarding…
(Source: SEBI Website) SEBI in its Board meeting held on 13th February has approved a Long term policy for Mutual Funds in India and also proposed Tax and Non – Tax incentives if implemented, this could become a gamechanger for the MF industry and thus Congratulate SEBI for this. Long Term Policy for Mutual Funds…
