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…
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…
