. I had earlier highlighted the key changes proposed by the Union Budget 2021 its impact on various employees, investors, tax-payers and consumers. A significant change the budget proposed was taxing the interest on PF contribution (by employees) above Rs. 2,50,000/- as per the employee’s marginal rate. This signifies curtains down for the EEE tax […]
Market moods tend to swing rapidly, and FY 2020-21 had on display both the extreme highs and lows. We are very close to touching 50,000 points on the Sensex. When I had penned my article in March, 2020, ‘Follow the rules and Investment Karona’, we were close to 26,000 points, never did I imagine I […]
It’s Diwali time, and I was wondering what topic would be most relevant and beneficial to our readers on personal finance. We all do Laxmi Puja, it is a form of worshipping the Goddess of Wealth. But I wonder if that brings divinity to our Wealth? When one uses his wealth to help the right […]
Given the number of requests I have been receiving over the past couple of weeks to buy ‘FAANG’ stocks in my investor’s portfolio and my meetings with the representative of the platforms (which facilitate foreign equity transactions), I thought it is appropriate at this juncture to pen down this article. For the uninitiated, ‘FAANG’ is […]
The idea of making Big Money and Quick Money has always attracted people to stock markets. However, what most of them don’t know, is making money in stock markets is simple, yet not easy. Apart from having sound processes and a financial plan, it requires loads of patience and discipline. Today, let’s explore ‘herd mentality’, […]
As Investors, we like to think that every decision to buy or sell a particular investment has a logic to it. Unfortunately, that’s not always the case. As investors, we are inherently vulnerable to biases that lead us to illogical and irrational investment decisions; Biases are part of human behavior and we are prone to […]
In my last article I elaborated on ‘Behavioral Biases’ investors often fall prey to, which impact their long term wealth creation, thereby providing you with simple yet effective methods to understand, learn and overcome these biases. We discussed ‘Loss Aversion’ bias along and ways to overcome it. In this article, we will discuss Mental Accounting […]
Global markets, including India, had taken a significant beating following the outbreak of the Covid-19 pandemic. However, they have started picking up from their March 2020 lows. It is during these extremely volatile times, that most investors often make their biggest mistakes in the investing journey. In my upcoming articles, I will elaborate further on […]
An old joke goes that a farmer, a surgeon and a leader were arguing about the world’s oldest profession (certainly not what the world otherwise believes!). The farmer insisted it was Farming… after all did God not give Adam all the animals and plants to tend as he gave him birth? The surgeon claimed it […]
The Union Budget and Finance Bill 2020 has proposed major changes for charitable trusts and institutions. Like thousands of other charitable and religious institutions in India, Parsi trusts and associations (including Panchayats and Anjumans, Agyaris and Atashbahrams which enjoy tax exemptions or offer tax deductions u/s 80G) will also be affected. Once the Bill […]
. The announcement of Budget 2020 was awaited with bated breath, post last years’ Corporate Tax rate cut. The Finance Bill 2020 has proposed several sweeping changes in personal taxation, which will impact individuals, organisations as well as Non-resident assesses. The following are important announcements / proposed changes made this year, which would be of […]