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…
