Tax

Is LTCG Rules Changing in Equity Mutual Funds? – What to Do?

equity, equity mutual funds, long term capital gain, LTCG, mutual funds taxation, tax benefits of equity mutual funds, tax on equity mutual funds, tax saving mutual funds

There is a widespread rumor that the Long Term Capital Gain rule is expected to change in the forthcoming Budget 2017 on Feb 1, 2017. Me and lot of advisors are receiving call whether they should book profits? The current rule says that if you hold an equity mutual fund scheme for one year andRead More

Best ELSS Funds & Why to Invest in ELSS Funds

by Madhupam Krishna

ELSS, Equity Linked Savings Schemes, PPF, section 80 c, SIP, tax saving mutual funds

The ELSS is no doubt the one of the best option to avail tax benefit under Sec 80C of Income Tax Act 1961. If you are still in doubt this article will try to explain the benefits through some pictures. The Equity Linked Savings Schemes or ELSS are pure Equity Diversified Funds. So they bringRead More

What to Look Out in Budget 2017 – Personal Finance Related Expectations

by Madhupam Krishna

budget 2017, conveyance allowance, home loans, income tax slabs, medical allowance, NPS, personal finance, section 80 c, tax, tax limit

This year’s Budget 2017 will be very important. The year (financial) has been very challenging with Demonetisation taking much of the blame. But now our savings have been with the banks for quite some time and we all look to relief what Budget can do for us in the next financial year. The major portionRead More

What NOT TO DO during Demonetization Phase

by Madhupam Krishna

bank queues, banks, black money, currency, currency exchange, demonatization, notes, rbi, Rs 1000, Rs 500, rumours, social media, tax

Demonetization is happening… and it’s for real. However confusing it is as the government is changing norms daily for note change. Sometimes its Rs 4K than 4.5K than changed to 2K and god knows what it will be tomorrow. Demonetization is a huge project involving 2.5 Lakhs bank branches, 3 lakhs ATMs, 1.55 Lakhs, 55Read More

Conversation between PPF and ELSS – A Comparison

by Madhupam Krishna

ELSS, investments, mutual funds, PPF, returns, saving, tax

Products never speak for themselves otherwise, Maggie would have been first one to speak and claim innocence (or accept what humans did to her). But this is an attempt to learn, evaluate and find the Comparison between ELSS & PPF. So if PPF and ELSS were to speak for themselves and met on my website forRead More

Budget 2016 : The New Things, Changes & Impact

by Madhupam Krishna

Budget 2016

The extra day (29th Feb) of 2016, was well utilised as I love following important events. Well, I could not get more as both events belong to subjects close to my heart… movies and finance. I woke up to 88th Academy Awards (Oscars) and ended with decoding Budget 2016. This Oscars ended 20 years wait forRead More