india

I am selling my urban agriculture land ( capital asset ) spread across various sections thus there will be different sale deed for every area that falls under land. Let's say 5 diff sale deeds. If I combine 5 diff net sale consideration and use It for buying of one residential property us 54f...

The following are the kinds of debt funds available which we can use in our debt portion of our portfolios (in addition to PPF, EPF, FD, RD etc) a. liquid/overnight b. ultrashort c. short d. medium e. gilt f. dynamic g. credit risk Since the primary function of the fixed income portion...

Despite all the talk around 7 lakh unsold units, why aren’t prices falling?

Really sorry I could not do this post last month, since I was slightly busy with the investment tracking app that I was working on (r/Artos). Here's the post for this month. Companies MFs love the most. This is computed as the weighted average of the AUM allocation for the company for the...

With the budget 2021 done and dusted, looks like we can start focusing on the year ahead. Few changes made to tax laws. However, big news is obviously that there is no new tax or cess. Definitely a situation of no news is good news here. We know you’ve received Whatsapp forwards from a million...

Update - I have added a more mobile-friendly dashboard to this setup using Google Data Studio. Check it out here. Original Post - Tl;dr - Sharing a copy of my Budget tracking system which uses Google Sheets + Google Forms. Sheets keeps track, runs the backend and shows me a Dashboard, and...

“Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t… pays it.” - Albert Einstein this is a great calculator with chart - https://www.hdfclife.com/financial-tools-calculators/compound-interest-calculator Example One - Ajay, 23 years old, just...

Hi PersonalFinanceIndia readers, Am looking for help for my research on credit cards. In return, I promise to respond any query that you have on credit cards in India. - You can tag/ DM me for these, or ask to answer. Credentials - You can gauge based on advice, would just say that I create...

Hi everyone, Thanks for all the encouragement and support on my journey. https://www.reddit.com/r/FIREIndia/s/nGrP5OscAi I've a new update to share. With few days left in 2023, I've crossed 2.5 CR in networth (almost 2.6 CR now) after touching 2 CR in May this year. Here's the breakup...

Hi guys, need some advice I'm currently working in dubai for almost 2 years. Taking an MBA and studiying abroad was always my dream, My father passed away when i was 15 year old. I'm eldest child and was responsible for taking care of my siblings. As i put hold on my abroad dreams and started...

So I made a data visualisation dashboard so that people can interact with it and explore it. I made the dataset based on the news articles I have seen and recorded them and filled in the dataset where necessary. This includes company name, company country, investment state, category and the...

Original Source: https://boringmoney.in/p/rbi-wants-traders-out-of-currency (my newsletter Boring Money -- if you like what you read, do visit the original link to subscribe and receive similar future posts directly in your inbox) -- The most vanilla reason to use a derivative is to hedge...

Am kind of confused. The IT Declaration portal in my company's site does not include any subheading for contributions to EPF. But some googling around shows me that my contribution to EPF and VPF needs to be deducted from the 1.5 lac limit. Can I invest 1.5 lac + EPF as deduction? Or shall I...

I want to prepare for GARP FRM Level 1, I heard that there are 4 subjects and they all are overlapping with each other in some readings/chapters, what should be the ideal preparation strategy in which order of chapters I should start learning as I'm a working professional and can only devote 2...

2012- Zero networth 2024- eight figures (1.2 cr to be exact) Living in a tier three city. Low cost of living. Only major recurring expenses is online lectures and classes and purchasing books. Working in a psu bank currently. Before joining work was freelancing. Saving rate after necessary...

30M, unmarried. IT guy in Bengaluru, Income 1.9L take home. Bought car worth 15lac.11lac loan pending. MF- 4.5lac, Stocks -5lac, SGB- 40 gram, Lended to friends n family - 14 lacs, Edit: this money is 98% safe. This is distributed to many people with different rate of interest in the range...

I was planning to invest in Motilal Oswal Nasdaq 100 FoF. Expense ratio is 0.64. However, i came to notice that it's underlying fund Motilal Oswal Nasdaq 100 ETF is not able to correctly follow its benchmark Nasdaq index. Also, there have been instances of NAV/price mismatch of ETF. Recently...

In the current environment, where debt mutual fund returns are very poor (last 3 month pre-tax returns for the best overnight/liquid/short duration funds are (0.75%-1.25% i.e between 3-5% annualized), bank fixed deposits suddenly look more attractive. Especially those of many strong but less...

I have made a comparison of Real Estate as an investment option to earn yield via rent, versus a traditional FD and also an index fund. For this, I am using a 3 to 5 year old 3BHK apartment which is available for sale at 1.4 cr. Assuming no loan, although that may not be the case for everyone...

The other day, I accompanied my wife to buy a small earring set for about Rs 58 K -#my2cents on the experience Scanning through the bill, I saw Rs 12,800 making charge (seems high) and CGST+SGST of about 843 each So, a 'loss' of Rs 14,500 (about 25%) right out of the door that would take a...