The first tranche of sovereign gold bond issue of FY21 opened for subscription on Monday and was priced at ₹4,639 per unit. The previous issues are trading at a discount to the current issue as well as to the price of physical gold. The current issue price of gold bond is calculated based on the […]
During the immense uncertainty in the markets currently, it’s more important than ever for investors to understand why having the right investment mix for your situation is critical in good times in the financial markets and during downturns. While you can’t control the ups and downs in the economy, a simple sensible approach helps to […]
Long-term capital gain is the gain that is derived out of a sale of an asset (Land or Building or both) that has been held for more than two years. You can invest the gain in in 54EC Capital Gains bonds to claim tax exemption within 6 months of the date of sale of the […]
Retirement technically is used to refer to an event; the day you leave your job or hand over the reins of your business to the next in line. It is not always the case of being pushed off the demographic cliff (your company policy forces you to retire by the age of 58, for example). […]
Image courtesy: Adobe Stock Vitaliy Katsenelson, Chief Executive Officer at Investment Management Associates, wrote this post which initially appeared on his blog. The stock market is not your friend. You want to approach it the same way the American president should approach a one-on-one meeting with the Russian president: Be respectful but cautious. He might smile […]