Starting April 2018, the scope of capital gains tax has increased. Even your direct stocks and mutual funds are now subject to long term capital gains tax. There was no long term capital gains tax till March 31, 2018. So, real estate, gold, bonds, debt funds, etc have always been subject to short and long […]
Long Term Capital Loss – How you are getting it wrong?
So, here we are in April of 2018! As you know the long term capital gains tax comes into effect starting April 1, 2018. But that’s not the big story. This is also the start of the period when you can use Long Term Capital Loss to your benefit. Just as Kapil tried to but… […]
Dividend Reinvestment option – Impact of LTCG tax
If you are using the dividend reinvestment option in your mutual funds, chances are you are confused about the implications of taxes in the new LTCG regime. At least one person is. Let’s clear the air. Here are 3 questions posed by a reader about taxes on dividend reinvestment. Is the dividend reinvest being taxed. […]
March is here – 3 key things that need your attention
The end of the financial year is here and it would pay you well to complete some of the important tasks related to your money and investments. There are 3 key aspects that you need to do. #1 Map your Aadhar to your bank accounts, your mutual fund folios. The current deadline is March 31, […]
Is it time to skip balanced funds, post LTCG tax? – Reader Query
A reader wants to know that after the LTCG tax, does investment in a large cap + debt fund combo expected to generate a better tax adjusted return versus investing in one of the balanced funds. We find out. Here is the query: With LTCG on equity, without any indexation, debt funds can be more attractive […]
And the award goes to ULIPs, but should you invest?
The Budget 2018 has come out with the big surprise. Now stocks and equity mutual funds will be subject to Long Term Capital Gains Tax. But not insurance or ULIPs. And this has got you and me thinking and confused. The question is it time to prefer ULIPs over MFs? There is a short answer to […]