No TDS on Mutual Fund Capital Gains from April 2020: IT Dept clarifies
The IT department has clarified that TDS will be applicable to mutual fund dividends only and not capital gains
Continue reading →Netizens say no to the new tax regime: prefer deductions
“Will you choose the new tax regime or stick to the old one?” Here is what 3216 Facebook and Twitter users voted. Also, did the govt miss a trick while introducing this new regime?
Continue reading →Sovereign Gold Bond Scheme 2019-20 (Series IX): Should you buy?
Sovereign Gold Bonds 2019-20 (Series IX) will be opened for the period February 03-07, 2020. The issue price of the Bond during the subscription period shall be Rs 4,070 per gram
Continue reading →If I choose the new tax regime can I switch back to the old regime?
A taxpayer can opt for the new tax regime from April 2020. Can such a tax-payer switch back to the old regime? What are the conditions for switching back?
Continue reading →Do Middle East NRIs need to pay tax in India from April 2020?
Did the finance minister announce in budget 2020 that middle-east NRIs should pay tax in India from April 2020?
Continue reading →New Tax Regime vs Old Tax Regime Calculator: Check which is better
Use this comparison table to enter your salary details and find out if the new or old tax regime announced in budget 2020 will be beneficial for you?
Continue reading →Will TDS apply to mutual fund capital gains from April 2020?
Does the finance bill 2020 propose to deduct ten per cent tax on mutual fund capital gains (along with dividends) at source? An explanation.
Continue reading →Is the interest earned from PPF, EPF, SSY Taxable in new tax regime?
Is the interest earned from PPF, EPF, SSY Taxable in new tax regime?
Continue reading →List of tax deductions in New tax regime (section 115BAC)
These are the tax deductions retained in the New Tax regime (section 115BAC)
Continue reading →Individuals to pay Tax on Dividends from Shares and Mutual Funds!
We need to pay Tax on Dividends from Shares and Mutual Funds as per slab from 1st April 2020
Continue reading →New tax regime (section 115BAC): you cannot avail these deductions!
If you choose the new tax regime (section 115BAC) you cannot avail the following deductions.
Continue reading →Lessons from investing for my son’s future for ten years
What I learnt by investing for son’s future (education + marriage) for ten years in a combination of mutual funds and PPF
Continue reading →Only 6 Midcap Mutual Funds beat Nifty Midcap 150 in the last 5 years
A look at how midcap funds performed in comparison to this index in the last 1,2,3,4 and 5 years. Is it time to consider passive investing options in the midcap space?
Continue reading →Why is it so hard to find a fiduciary financial advisor?
27-year old Deepsh asks why is it so hard to find a financial advisor who is a fiduciary financial advisor! His email form this edition of reader story
Continue reading →Why SEBI needs to encourage Individual Fee-only Planners
The latest IA guidelines from SEBI would adversely affect Individual, Fee-only Planners. SEBI Registered investment adviser explains why this is so and how a fee-only model is superior to an asset-based model.
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