An RM of one of the largest mutual fund houses came to share an investment proposal with me. Somehow they came to know that I am going for a home loan for a 20 year period. The RM said “Why don’t you go for a 30 year loan?” Given the fact that I deal with […]
Here’s how to get all your Mutual Fund Capital Gains statements for filing IT returns
If you are filing your income tax returns for the year 2018-19 and you also have made sell or switch transactions in mutual funds during that year, you are then required to calculate, show and pay your capital gains taxes. I have been getting questions too about capital gains report for mutual funds. Now, if […]
The Investor’s Worst Enemy
“The investor’s chief problem – even his worst enemy – is likely to be himself”, said Benjamin Graham, decades ago. Has anything changed since then? Nothing. Here is proof. #1 Rakesh Garg bought a health insurance policy for himself (52 age), wife (50) and son (20) as a single floater policy. The premium is a […]
Will you get safer debt funds with SEBI’s new measures?
You are well aware of the problems debt funds have been facing in recent times. I won’t be surprised if you say that you don’t trust debt funds anymore. In fact, I would agree. There are pros and cons to all investments. Debt funds are no exception. Over time, SEBI has introduced various measures to […]
The RA-RE event hits debt mutual funds
ICRA, the credit rating agency, yesterday made rating downgrades to two NBFCs, Piramal Housing Finance and Edelweiss Group companies. The reason cited is that they have a significant exposure to real estate sector. The last 1 year has witnessed several rating downgrades. ILFS, DHFL, Reliance Capital and now Piramal and Edelweiss. That is our RA […]
Capital gains tax on property sale – Here’s a calculator you can use
Taxes are always a pain, specially if you have sold a property, where capital gains tax applies. Calculation of capital gains tax on property sale needs a little more effort than usual. I am sharing with you a quick capital gains tax calculator you can use to estimate your tax liability. We will use a […]
