When you invest in Mutual Funds you usually have to choose from following three options: Growth Dividend Dividend Reinvestment For a new investor first selecting the mutual fund and then selecting of the above 3 options this may be overwhelming. In this post we tell you why you should opt for Growth option while investing […] Continue reading →
We have compiled an Excel based Capital gains calculator for Property based on new 2001 series CII (Cost Inflation Index). It calculates both Long Term and Short Term capital gains and associated taxes. You need to feed your property sale & purchase date along with values. There is option to include cost of repairs/improvement that […] Continue reading →
Equity Mutual Funds are one of the best investments to generate wealth in the long run while Debt mutual funds are more suited to park money for the short term (as an alternative to fixed deposits). But as in case of any investment, the final returns are determined on the way these Mutual Funds are taxed. This post […] Continue reading →
With the recent proposed change in taxation of the Debt Mutual Funds in Budget 2014, it has lost the tax advantage that it once enjoyed over fixed deposits. So the question is – is there a financial instrument whose risk and returns are similar to Debt Funds but still enjoys lower taxation? The answer lies […] Continue reading →
We had always recommended keeping some part of your investment in Fixed Income instruments in Debt Mutual Funds like FMPs, Liquid Funds, etc. especially if the investment is for more than a year and you are in higher tax brackets of 20% or more. Budget 2014 has come as shock to investors following this strategy. […] Continue reading →
After NHAI, REC (Rural Electrification Corporation Ltd) too has come up with its fresh issue of Capital Gains Bonds (Series IX) of Rs 1,000 crores. REC Capital Gains Bonds – Significant Points: Offer Period: April 1, 2013 – March 31, 2014. So you can invest in these bonds for the entire financial year of 2013-14 Annual Interest Rates: 6% […] Continue reading →
In case you are looking to save your long term capital gains, National Highways Authority of India (NHAI) has come up with its fresh issue of Capital Gains Bonds (Series XIV) of Rs 4,000 crores. NHAI Capital Gains Bonds – Significant Points: Offer Period: April 1, 2013 – March 31, 2014. So you can invest in these […] Continue reading →
Gold has always fascinated us Indians. Traditionally the only way to own gold was in form of Jewelry which was passed from generation to generation. These jewelries are commonly made of 22 Karat gold which means 91.6% gold. Next, the fascination for pure gold lead to a market for 99.9% pure Gold coins and bars. […] Continue reading →