THE CASE: What will happen if my goal maturity time meets a market crash and all my long term investment with negative return e.g if goal is marriage or higher education of children or retirement. THE SOLUTION: If you are invested in equity oriented investments for your long term goals, an ideal approach would […]
THE CASE: I want to invest Rs. 30 lakhs for a year and would need a monthly income of Rs. 18,000 from this investment. How should I go about it? THE SOLUTION: Firstly, the advice in such situations would be to resist from acting in a hurry, because that leads to commit mistakes. The returns […]
At a time where there is so much uncertainty, the thought of investing a huge amount in these bonds and being assured of a return is enticing. The minimum investment is Rs 1,000 and multiples of it. There is no upper limit. Since the interest earned is taxable as per individual tax slab rates, it […]
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 […]
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 […]