Mutual Funds earn & can distribute money by 2 options. One is payment by way of dividends & the second way is – systematic withdrawal plans (SWP). But which option is suitable for you as an investor. Well, there is no one correct answer as the investor’s profile, taxation & requirement are unique. Let’s learnRead More
Advance Tax – When & How it is due?
As the term suggests, advance tax means paying taxes in advance. In India, if you are expecting that your income will result in paying tax to the government, it needs to be deposited periodically. This is done according to a set schedule before the financial year ends. What is the logic of charging Advance Tax?Read More
All About TDS for NRIs – Section 195 Details
NRIs are subject to TDS on income that is earned or accumulated in India. This income is offered for taxation hence certain rules under Section 195 of Income Tax, decide TDS for NRIs. But as the source of income can vary, so are the rules and rates of TDS for NRIs. There are 2 sections-Read More
RBI Retail Direct Scheme – Complete Details
Recently PM Modi in presence of Ms Nirmla Sitharaman (Minister of Finance GOI) & Sh Shaktikanta Das (Governor RBI), announced the way how retail investors can Buy or Sell in Government Securities through a new system called RBI Retail Direct Scheme or RBI RDS or simply RDS. Let’s know what is this system and howRead More
FIRE Movement in India – Introduction
Financial Independence, Retire Early – or SIMPLY FIRE Movement is a revolution getting a lot of attraction with investors especially those who are salaried. Who does not want to be on his OWN… Independent, Free of spirit? But money makes us work & worried. FIRE is a unique way or solution to this journey ofRead More
Miss 10 Best Investing Days & Slow the Progress
Whenever markets increases, investors who have not seen cycles (new investors) start reminding me – Book everything or Exit Equities! And I think this… gosh where you were in 2008 or 2020 or many of the corrections when markets lost 30% or more…! You are telling me to miss some of the Best Investing Days!Read More