New year as per Hindu calendar started with Navratras, but as per financial calendar, the New Year is April 1. Many things changes from this day in personal finance. So lets us see what will be the 12 new changes in income tax rules from 1 April 2018 through this post. This will help youRead More
LTCG
Mutual Funds Vs ULIPS: Are ULIPs Better After LTCG on Equity?
The debate or the war – ULIP better than Mutual Funds had a new chapter when Budget 2018 has introduced Long Term Capital Gain Tax for Equity Funds. ULIPS being an insurance product remains tax-free on maturity. Now with this recent change, let’s see if the scale has bent towards ULIPS. Let’s critically evaluate MutualRead More
Budget 2018 – Impact on Income & Investments
The Government which is known for dropping BOMBS… today submitted their last budget before going for general elections in early 2019. Budget 2018 details have started emerging and yes the budget in full of impact. Budget 2018 will be known for Taxing the Equity Market gains. Here are the details. Budget 2018 key highlights areRead More
Mutual Fund Taxation in India
It’s a joke on Whatsapp that while buying ice cream for your kid you should eat one-third of it before giving it. That the best way to teach Taxation. Tax & inflation really bite into what we earn. That is the reason why it is essential to check taxation rules before investments. Here is aRead More
Is LTCG Rules Changing in Equity Mutual Funds? – What to Do?
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