Is your delay in starting investments for retirement, derailing your quality of life post retirement? Or can you make up for a late start by investing more? Consider, you are 30 years old today. You have another 30 years of work life left to invest for your retirement. In addition, you will have to plan… Read More »
Tax harvesting is the practice of selling and repurchasing stocks and equity mutual funds to take advantage of applicable tax laws and there by save tax on stocks and mutual fund returns. Did you know that you can pay lower than 12.5% tax on long term capital gains on mutual funds and equity returns. In… Read More »
Provident Fund tax differs widely at contribution, on interest earned and on withdrawal. Ask three people on how their PF contribution is taxed and you will get 4 different answers. Without going into the merits and demerits of Provident Fund, let’s understand the taxation involved. Provident fund has tax implications at 3 stages, at contribution,… Read More »
Before you think of mutual funds, ETFs, Gold or stocks, setup a ‘Starter Emergency Fund’ for your family. A starter emergency fund should be able to handle all expenses of your family for a month. Now, experts will laugh about the ‘one month’ part of the plan. But trust me, this will be the first… Read More »