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    Taxation on EPF - can someone explain how it's gonna work?

    @revealedtruths This is highly Flawed as a policy and arguable obiviously. EPF which is a long term safe item for retirement is not anyhow taken out without special reasons - paying Tax on interest when it's only due after long years is just insane. Govt has just found better ways to milk the...
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    NAV will no longer be the the date of purchase for mutual funds?

    @megusta What is really needed - clarity wrt implementation overall. leaving it open like maybe T+1 day NAV or if reached AMC account then todays NAV is all not bounded. 1) Will the SIPs get affected at all. who knows at what hour the SIP is done for each of the different banks. 2) What is the...
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    NAV will no longer be the the date of purchase for mutual funds?

    @russellmanofgod Not really - its is done to a payment clearing common account. not individual AMC account. and that would still need to reconciled end of day. but this really needs clarity on implementation from SEBI.
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    Selecting a bank account and advantages /disadvantages of the same

    @cn17 RBL is also not reliable, once an issue happens it can take weeks to rectify small fault of there's. IDFC bank has improved a lot with new portal, wouldn't say it's intuitive, but better than HDFC. HDFC Bank is complete no for personnel banking needs as per my exp.
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