Investing in Pension Plans in current situation? Beware and understand Why (or Why Not)

Taking benefit of low Bank FD interest and low/negative return on equity mutual funds, many insurance agents are marketing pension plan heavily for safe guaranteed return. However, they may not be a good investment for you on Risk Adjusted After Tax basis over long term. 1. Long term vs. Short term:  […]

Investing in Debt Mutual Fund in current situation? Beware and understand Why (or Why Not)

Taking benefit of low Bank FD interest and low/negative return on equity mutual funds, many MF agents are marketing medium/long duration funds for low risk investments. However, they may not be a good investment for you on Risk Adjusted Basis. 1. Never Invest In Debt Funds Based On Past Returns a. High […]

Understanding Winding Up of Franklin's 6 Debt Funds, its Impact and How to invest/ Redeem in Debt and Equity Mutual Fund

On April 23, late evening, Franklin India Mutual Fund shut down 6 debt mutual fund schemes. No financial transaction – Purchase, SIP, STP, SWP, or Redemption would be allowed after April 23, 2020 1:00 pm cut off time. These schemes are: Franklin India Ultra Short Bond Fund, Franklin India Short Term […]

Making sense of RBI Measures, analyze their effect and how to Plan Investments

On March 27, 2020, RBI introduced very important measures to combat adverse effect of covid-19 on the Indian economy. These measures are summarized, explained in simple terms and analyzed for its effect below. Overall effect of these measures on various asset classes and how to invest in current turbulent is also […]

Leveraged FD MAY be coming for NRIs – RBI Announces USD/INR Swaps

Extreme Risk Aversion due to Corona virus (COVID-19) has impacted all financial assets drastically with global market indices losing 30%+ in less than a month, gold touching Rs. 45,000 and emerging market currencies experiencing extreme pressure. Also in India, FIIs are selling big time and taking money (USD) out of India […]

Sale Old Real Estate or Immovable Property before March 31, 2020 and Save Capital Gains Tax

If you are planning to sell an immovable property originally acquired before April 1, 2001, you may be better off if you sell the property on or before March 31, 2020. Budget 2020 introduced a new provision restricting fair market value as on 1/4/2001 to the stamp duty value for calculating […]

Budget 2020: Important Changes that Affect Investments and Taxation in India

Budget 2020 was introduced with an objective of “Ease of Living” with three prominent themes as Aspirational India, Economic Development and Caring Society with Good Governance and Robust Financial Sector. However, it may not result into ease of calculating and determining tax liability. The Budget 2020 has made many changes including […]

Budget 2020: Resident definition changed – NRI can be taxed as a Resident

The Finance Budget 2020-2021 came as a big surprise for NRIs as it changed the definition of a “Resident” in India. The Government noticed an individual managing his/her period of stay in India, so as to remain a non-resident in perpetuity and not be required to declare the global income in […]