When it comes to receiving regular income from investments, there are a handful of options for an individual investor like interest from bank deposits, SWP (Systematic Withdrawal Plan) of mutual funds, etc. When it comes to tax efficiency, SWP reigns supreme. SWP for Regular Income is a great arrangement for retirees who want to investRead More
What is a Large Cap Mid Cap Small Cap?
The markets (equity) is divided into Large Cap Mid Cap Small Cap. Here the word “Cap” stands for market capitalization. It denotes the size of the company. In mutual funds, this size aspect is recognized as a category. Hence you will find funds like – HDFC Top 200 Fund or PGIM Midcap Opportunities Fund. InRead More
Taxation on NRI Fixed Deposits
If someone says “do not invest in Debt or Fixed Deposit” – he is not your advisor. But investments in Fixed Deposits or Term Deposits by NRIs are very common due to the liquidity of funds & their taxability. But Taxation of NRI Term Deposits needs to be understood to get the maximum value ofRead More
Importance of Financial Planning for Women
If someone tells you that women should not get involved in financial decisions, you may consider helping them lookup on the internet about countless women, who are Prime Ministers & Finance Ministers of various countries or are leading major financial institutions around the world. Financial Planning for Women is an important concept. The need isRead More
What is Grandfathering Clause?
Before 2018, we all knew long-term capital gains in equity were tax-free. But now – they are taxed at 10%. In a simple situation what if someone’s date of purchase of a certain equity MF unit is in 2015? Now, if this person sells in 2022, will his gain be calculated on his original priceRead More
Understanding Tax Residency Certificate (TRC)
When you have global income & investments, there is always a chance to pay double tax. This means you are taxed in India as well in the country you make investments or receive any income. Double Tax Avoidance Agreements play an important role in minimizing such incidences. But to get benefits from DTAA, you requireRead More