Long ago a relative of mine came up to me and asked ‘how can this company pay 22% p.a. interest’? and I burst out laughing saying “only fools and idiots will invest in these schemes”. He turned red. He had… Read more
Category: Education
Who is a value investor?
What are the characteristics of a Value Investor? Or what are the characteristics of a V. I. that I have seen? has a huge appetite to sit on cash for long time has a good understanding of risk hates leverage… Read more
Centre and state coming together for tax policies
Goods and services tax (GST) is a transformative tax reform. The passing of the Constitutional Amendment Bill set the ball rolling by putting in place a dual GST—both the centre and the state will concurrently tax the whole value chain… Read more
Will GST disrupt accounting and financial reporting?
As India gets ready for transition to GST, the key question is whether India Inc. is prepared for this transition. GST transition is not only about a tax change but a complete business, finance, accounting and reporting overhaul. As management… Read more
GST’s impact on telecom sector
Pursuant to the Digital India initiative to transform the country into a knowledge economy, the telecom industry is expected to experience further growth, fuelled by increased non-voice revenues and higher penetration in the rural market. There are three segments in… Read more
GST and currency ban
In the first two and a half years of this government, the common refrain was that reform has been incremental rather than radical. That perception has been punctured by two big-bang measures. The GST, which was a reform in the… Read more
What GST brings with it?
GST is a destination-based tax that will replace the current Central taxes and duties such as Excise Duty, Service Tax, Counter Vailing Duty (CVD), Special Additional Duty of Customs (SAD), central charges and cesses and local state taxes, i.e., Value… Read more
When to sell a share
Once you have bought a share, you’ll next need to decide when to sell it. Since bonds/ debentures sell themselves when they mature, this question primarily applies to shares or mutual funds (even the debt mutual funds have to be… Read more
Being Smart about Credit!
Being smart about debt can help the average investor save a guaranteed 3% p.m. This is a serious amount of money for people living on a day-to-day basis! It is a conscious decision that could save you a decent amount… Read more
Rajiv Gandhi Equity Scheme
If you ever wanted to know how lobbying works, or how any government loots…read on: The government makes a lot of money by introducing a Security Transaction Tax – paid by all buyers and sellers of equities. This is a… Read more