Buying your first home is a huge decision because of the amount involved. One has to commit a large part of his savings and take his First Home Loan. But careful planning can help you achieve your goal in 10-15 years depending on your requirement. Being prepared and knowing the investment avenues will help youRead More
Taxation on Mutual Fund Dividends in India
Dividend is one of the ways you earn from investments. Dividend is a property of Financial Assets. A physical asset like land, farmhouse or gold will never distribute dividends. But like most of the gains, the dividend is also taxed especially. From April 1, 2020, the Taxation on Mutual Fund Dividends has again changed. ThisRead More
ITR Filing for NRI (When Mandatory When NOT)
Income Tax Returns for NRI is a confusing area of discussion. Here are the conditions when ITR Filing for NRI is mandatory & when not India. NRIs should note these and plan taxation accordingly. The deadline to file ITR for individuals (who are not liable to audit under Section 44AB of the Income-tax Act, 1961)Read More
Meaning of Nomination in MF Investments
The simple meaning of nomination is – identification of a person who will receive asset/investments in case of death of the unitholder. One must always fill it while applying for MF units or making investments in Mutual Funds. A nomination is also an exercise where one must keep it updated in case of any changes.Read More
Candid Q & A – During Market Correction
During Market Correction, many questions are in mind related to advisor, extent of correction, current SIPs & future recovery. Honest answers ahead: Questions & Answers – during Market Correction Question: I am panicking. What to do now? Answer: When we were investing, why did we invest? We invested for some long term reasons like theRead More
Should NRI make Investment in Index Funds?
NRIs opting for Index fund or ETF in India is a bad idea. At least the data suggests so. Let’s see in detail & compare both- actively managed funds & passively managed funds or index funds. Investment in Index Funds is still a step away. Let’s study in detail – Why? An index fund isRead More