Long term capital gains (LTCG tax) refer to profit generated by the sale of long term capital assets. These products are held for a particular period before the sale. LTCG is a taxable component. Recently, the norms related to disclosing LTCG for ITR returns have been relaxed. The Union Budget of 2018 re-introduced the Long Term Capital Gains Tax or LTCG tax on capital gains (profits earned from the sale [...]
Introduction The Bombay Stock Exchange (BSE) is the first and largest security market in India. It was established in 1875. Based in Mumbai, the BSE lists 6,000 companies(approximately) and is one of the leading exchanges in the world along with the NYSE, NASDAQ, London Stock Exchange Group, Japan Exchange Group, and Shanghai Stock Exchange. There are approximately 6000 companies listed on BSE making it the world's No. 1 exchange in [...]
Simple interest and compound interest – these are the two methods of calculating interest charged on the loans taken, a deposit made in a bank, etc. Well, no matter whether you borrow funds from a bank or Non-Banking Financial Company(NBFC), the interest charge is always attached. So, the borrower needs to know simple and compound interest to make a sound decision. In this blog, we will be discussing the concept [...]
People may get confused when it can be the best NISM VA Preparation Tips? They keep scrolling the internet and gets nothing. In this article, we will study about NISM VA Preparation Tips. The NISM Series V A: Mutual Fund Distributors Certification (English) Exam is a mandatory exam for those persons who wish to get registered with AMFI for starting their own Mutual Fund Distribution business. It is also very [...]
As banks provide lower rates of return on Fixed Deposits and savings accounts, mutual funds emerged as the best investment option for investors. In fact, the scope of mutual funds in India has now moved beyond just the larger cities and has now moved on to even the country’s smaller urban locations. Now, investors large and small are investing their hard-earned money into mutual funds. Hence it is common that [...]
Overview to NRI mutual fund investment Top schemes of Equity funds, as well as Debt funds, are covered so that NRIs can think of building a proper portfolio. The decision to invest should only be taken: In congruence to your financial goals. As per your risk appetite. As per the asset allocation process. In case you are inexperienced, take help of a professional in “professional way” (read pay his due [...]
Overview on ULIP Returns ULIP returns stand for unit-linked insurance plans. ULIP is a combination of insurance and investment. Here policyholders can pay a premium monthly or annually. A small amount of the premium goes to secure life insurance and the rest of the money is invested just like a mutual fund does. Policyholder works on investing through the term of the policy – 5,10 or 15 years and collects [...]
Certainly, NRI mutual fund taxation is activated in mutual funds in India – as long as they attach to the Foreign Exchange Management Act (FEMA). A mutual fund in your home country can give you a diversified job with the desired mix of debt and equity securities. Even if you are careful and cautious and want a fixed income investment method, the Indian debt market comes with higher interest rates. [...]
Overview on NPS The National Pension System (NPS), earlier known as the New Pension Scheme, is a pension system open to all citizens of India. The NPS invests the contributions of its subscribers into various money market instruments linked such as equities and debts and the final pension amount depends on the performance of these investments options. Any Indian citizen in the age group of 18-60 can open an NPS [...]
Investors have several best investment options, one is trading in shares. With the change in every aspect of life, the stock markets too have undergone a significant change since the time of its beginning. When the Bombay Stock Exchange was founded in 1875, it was an open outcry floor trading exchange. This means traders would buy or sell stocks by orally shouting prices on an open floor. Today, it is [...]
