Advertisements

Effect Of Long Term Capital Gains Tax On Equity Investments


Effect Of Long Term Capital gains tax On Equity Investments

Advertisements

SEBI Classification Of Mutual Funds


SEBI Classification Of Mutual Funds

 

 

 

 

 

 

 

 

Read more of this post

The New Case For FDs


wealthymattersYou can’t run a shop without cash in the till. And in the same way you can’t get through life smoothly without a certain cushion of readily accessible cash that you can dip into as per your need. For quite a while now, readily accessible money meant various types of bank accounts, stocks and mutual funds that you could cash in fast whenever needed even as they continued to grow quietly in the background.

However, this year’s budget has changed the situation a bit on account of the 2 quotes below:

The return on investment in equity is already quite attractive even without tax exemption. There is therefore a strong case for bringing long term capital gains from listed equities in the tax net. However, recognising the fact that vibrant equity market is essential for economic growth, I propose only a modest change in the present regime. I propose to tax such long term capital gains exceeding Rs1 lakh at the rate of 10% without allowing the benefit of any indexation. Read more of this post

Dynamic Asset Allocation Funds – For When You Need To Sit On Your Hands


wealthymatters

I’ve had my financial habits called “inertia”. So for most of the time I must be doing somethings right. There is nothing like hyperactivity¬†and ¬†thrill-seeking to destroy your wealth or the capacity for wealth. Read more of this post

%d bloggers like this: