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
Industry analysis or Fundamental analysis?
These days so much is being wriintten about investing, that the average 30 year old knows far, far more than what I knew as a 30 year oldm. No doubt about that. I start my Fundamental Analysis class by asking… 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
Taxation – impact on your investment
Many people underestimate the hurt that taxation causes to their investment. Let us take an example. If you invested Rs. 100,000 in a RBI bond which pays 8% p.a. before taxes, you will get Rs. 8000 as interest and assume… Read more
Taxation: Progressive or Regressive?
Indian elite (with whom I deal) is an amazing lot. I frankly do not know about people in other countries, so let me speak for Indians alone. We like to complain about – poor service of trains, poor roads, corruption,… Read more
Paying taxes Honestly?
Most people I know pay taxes and also file tax returns. However to say that they file taxes honestly is a little difficult to say. As a social psychologist if you do analyze why people do not pay taxes, the… Read more
Decoding the Direct Tax Code
All insurance plans will become taxable – this is terrible news for life insurance policy holders. How capital gains will be calculated will be a major issue. The cap gains calculation will have to be done by the life insurance… Read more
Income Tax bonds: For tax deduction
The Central Government have specified bonds to be issued by (i) Industrial Finance Corporation of India;( IFCI ) (ii) Life Insurance Corporation of India; (L I C) (iii) Infrastructure Development Finance Company Limited; and ( I D F C) (iv)… Read more
The direct tax code…
I hate reading ‘draft proposals’ – and this hatred came from the student days hangover. When we were studying for the CA exam we had to know the ‘ACT’ and the changes that were made in the 6 months before… Read more
The RGESS is only for direct investing
If I did not know how the government works (no even now I do not, but some readers may think I know), I would have believed that the brokers association has done a good lobbying job. That does not seem… Read more