Defaults Really Happening
In the last about six months we are hearing news about large, established, well-rated Indian companies defaulting on their debt i.e. loan obligations. Default not only in interest payments but possibility of defaults in returning the principal as well....
3 Great ways to celebrate Women’s Day
A woman provides the necessary support system required to run the household - that is the traditional thought. When needed the woman can also come to the forefront and be the backbone required to support the business and the decisions is therein. This they can do...
How market crashes happen?
1. Fake Predictions: a. When market falls, people start predicting falsely about the sectors, eg. Banks will sink, Companies becoming bankrupt, etc. On recovery of the market scenario, people start predicting exactly the opposite. 2. Psychology of the Investor: a....
ULIPS VERSUS MUTUAL FUNDS. What can help you win?
The LTCG tax has restarted the fight between these two arch rivals Ever since the LTCG tax was announced in the Budget, insurance companies have been busy highlighting the tax-free nature of Ulips. But the taxability of income is not the only parameter on which an...
The FRDI Bill: Stop Worrying So Much.
The financial resolution and deposit insurance 2017 What is this bill about? This bill is to protect consumers. It is meant to safeguard consumers in the event of the failure of any bank or an insurance company. The bill wants to make sure that a financial...
Make your child a MILLIONAIRE….
Do your usual tax planning & gift your child Rs. 2.21 crore at age of 21 tax-free! Comments published in Mint on 8 June 2016. The idea here is to make investments for your child and also take advantage of 80C exemption by investing monthly into tax...
Ten common mistakes that can fetch you a tax notice
Hers’s an interesting article from ET which highlights the 10 common mistakes that can fetch you a tax notice. They are as follows: Not reporting interest income. Ignoring income of old job. Not filing tax returns. Tax sops on house sold before 5 years. Misusing forms...
Did you know ?
Which money should you keep in Liquid Mutual Funds? ✅ Your salary till your next EMI is due. ✅ Bonus till you spend / plan it. ✅ Sales proceeds of your flat till you invest in a new one. ✅ Funds created for your child's education /marriage till you use it. ✅ Lump Sum...
Managing a financial windfall
Receiving a financial windfall is often a life-changing event. However, successfully managing windfall gain is tough for most people as they might be in a state of happiness or extreme grief. In both cases it is quite easy to fall prey to financial evangelists,...
Goodbye EPF… Welcome NPS
Budget 2016 announced that ONLY 40% of your EPF (Employees Provident Fund) is tax free. Similar is the situation with NPS & superannuation fund and recognised provident fund. The balance 60% is now going to be taxed and this has created a furore. Relax! Things are...
A better life for your better half…
“For better or worse…..for richer or poorer.” This is what most of us promise to our spouse when we pledge ourselves in marriage. But unfortunately, many couples can’t seem to survive either richer or poorer due to the poor money management skills. Finances are those...
3 New Ways To Check your EPF balance
Now you can check your EPF balance on the go. The EPFO has launched three facilities linked to the account holder’s mobile phone through which one can check EPF balance: Mobile app. Missed call service. SMS service. Mobile App Get the Universal Account Number (UAN)...
Planning debt investment with unknown time horizon
Publication details: Smart Money Show - Bloomberg TV - 22-09-2015 Responses, opinion and view from Kartik Jhaveri. Questions sent by S. Rupchand :- Question 1: What should be the strategy in investing in debt funds when period of investment is not certain? What is the...
Navigating turbulent times in equity market
Publication details: Smart Money Show - Bloomberg TV - 22-09-2015 Responses, opinion and view from Kartik Jhaveri. Question sent by S. Rupchand :- I wanted to know about the following mutual fund schemes, as to whether they are ideal during turbulent times: Axis Long...
More ways to block black money
Dear Readers, Mint Money has come up with an article on various ways to control the flow of black money and highlights of Black Money and Imposition of Tax Act 2015. Along with encouraging electronic payments, ways should also be devised to discourage transactions in...
The negative side of Property – FAQ’s
Transcript of Kartik Jhaveri’s Money Manager show on CNBC Bajar, dated 20-01-2015. Why should you buy property? Property has always been and will always be a great wealth creator. Over the last 50 years or so property has delivered returns of about 15% CAGR. But one...
RBI rate cut effects – FAQ’s
Transcript of Kartik Jhaveri’s Money Manager show on CNBC Bajar, dated 20-01-2015. 1) What is RBI rate cut and RBI reverse rate cut? There is no RBI rate cut and reverse rate cut. They have a repo rate and reverse repo rate. Repo rate is one where Central...
Investment Outlook 2015
1) How should one plan his finances in new-year keeping in mind the rules of financial planning? For lumpsum investments towards long term goals we recommend STP route for investments in mutuals with deployment spread over 24 – 36 months. This period can be reduced...
Beyond 80C
All of us do our bit of investments that give us deductions from income and thus help us save taxes. There is so much more that can be done beyond section 80C which a lot of us are not well aware of; Here is a quick synopsis that may serve as a ready reckoner. Though...
7 Crippling Parenting Behaviors That Keep Children From Growing Into Leaders
Source: Forbes.com Comment: Interesting read for planning lounge subscribers Link: http://www.forbes.com/sites/kathycaprino/2014/01/16/7-crippling-parenting-behaviors-that-keep-children-from-growing-into-leaders/ While I spend my professional time now as a career...