Navigating today’s complex financial landscape can be daunting, with choices ranging from stocks and mutual funds to gold and fixed deposits (FDs). Amidst market volatility, experts advocate for constructing a diversified portfolio, leveraging assets like stocks or mutual funds to weather fluctuations. Gold serves as a stable diversifier, less susceptible to financial tightening,...
You can set off your losses from property sale against long-term capital gains (LTCG) from shares. It is now perfectly legal to set off tax liability across asset classes. A tribunal has held that LTCG from one asset class could be set off against another and such tax planning are undertaken to reduce the tax burden is legal. To know about LTCG in shares and can how it be set...
“The Journey of a thousand miles must begin with a single step” – Lao Tzu. The single step of analyzing your four pillars will help to provide you with a framework to manage money. Managing money has become the need of the hour. Today youngsters find this as the most difficult task unlike earlier. Irrespective of our income, age, wealth, investment, credit card bill, and other...
Since 23rd August 2021, when the Union Finance Minister, Nirmala Sitharaman launched the National Monetization Pipeline, ‘asset monetization’ has taken over the news, internet and streets by storm. Almost everyone is heard talking about the government’s four-year infrastructure asset monetization plan which will help it raise Rs. 6 Lakh Crore by 2025. While some people are appreciating...