india

Hi folks, Want to know if there is a provision to declare capital loss on the sale of foreign shares and carry forward to subsequent years. Is this possible at all? If so, under what section should we be declaring such loss and for how many years that loss can be applicable? Wherever I look, I...

It is observed that the index of house price, had been growing at an annual average rate of about 20 percent (y-o-y) in 2011-12 and 2012-13. However, the pace of growth in the average house prices slowed in 2013-14 at 12.7 percent, plausibly reflecting a correction in trends on the back of...

Im considering transfering my oustanding home loan (30L) from SBI MaxGain to something similar in another bank. This is to reduce my EMI and increase loan tenure. Ive been going to banks all over town asking for their rates, services and MaxGain like features. So far I've got Citibank...

https://12ft.io/proxy?q=https%3A%2F%2Fwww.livemint.com%2Fopinion%2Fcolumns%2Fsips-are-a-hit-congratulations-now-here-s-the-bad-news%2Famp-11698129281179.html

Rs. 1,00,000 invested at 12% CAGR for 15 years is going to become around Rs. 5,50,000. But how to calculate such that we can see the final amount in today’s value by omitting inflation? If inflation is 7% pa, do we then say it’s growing at a CAGR of 5% from a pure profit point of view...

I want to open a Zero Balance Bank Account. I tried doing some research but would like you to give me your best suggestions, advice, recommendations on it. Here are my requirements for zero balance account: ✓ Bank is licensed and regulated by the Reserve Bank of India (RBI) for safety and...

Context: https://zerodha.com/z-connect/tradezerodha/console/scrip-wise-charges-now-on-console I am yet not seeing this feature live for my account.

Source: https://boringmoney.substack.com/p/youtube-is-great-for-pump-and-dumps (my newsletter!) -- If you see a video on YouTube that asks you to buy a stock because it’s going to go up and make you rich, congratulations, you’re observing one of the oldest stock market scams—the...

Any thoughts on this fund? i am hearing this is a new concept and this is a good time (ofcourse, timing anything is BS!)

Another night another post. These forms relate to exemption from withholding of taxes in the USA(read: US version of TDS in India) and the standard rate of withholding is 30%. Tl;dr: You are required to file form W-8 BEN only and it allows you to avoid withholding in the USA. Plus it is easier...

There are so many financial influencers on social media these days. May I know from your experience which ones are good or worth listening to? Also if there are category wise influencers (e.g. stocks, real estate, mutual funds etc.)?

I 6.0have seen a massive number of posts in Indian market subs (personalfinanceind/ indianstreetbets/ indiainvestments /CreditcardsIndia), so here is a master list that should cover 99.99% of use cases. Before we begin, some data to help you gauge returns. (These returns are all point-to-point...

Hello Indian Investors, I am a fresh college grad just started out in the industry. I would place my position as similar to this guy except with 0 earning/saving/investing experience(yet to receive my first paycheck) and very uncertain future plans. Current financials : 1L/mo post tax...

Let’s say you want to buy a DSLR to make YouTube videos. The MSRP is 50k. The seller asks you for a 10% premium because you will make money from videos shot on that DSLR. You agree. But then he demands a 20% premium, claiming that not only will you make money, but you'll also make more...

I'm posting on behalf of my acquaintance (41 F ), she's divorced and live with her 14 yr old daughter. She moved out of a toxic marriage with 0 Alimony. Now she's earning 30K-35K P.M. and her expenses are around 20K. She has savings of around 4 Lakh and 5.5 L to 6L worth of gold. Currently...

I'm trying to carry out an exercise to understand which mines determine the majority of the output of an ore. This is to be able to take fundamental calls on the production company. Is something like this possible to do? Any experience

So I basically slept through the whole year and just realised that I hadn’t maxed out my 80C by 80K. https://bashify.io/i/22AW7A I just did an 80k lump sum into an ELSS today but later got to know that market is closed tomorrow and will only open in April i.e next FY. I need to know if this...

The paywalled article is here: https://the-ken.com/story/nse-bse-and-the-benchmark-blues/ They have quite a few comments to make on MSCI indec since it has to rememeber the foreign holding limit in each stock. The main Nifty and BSE indeices are market cap weighted and don't suffer from...

Here's a comprehensive breakdown of how I achieved my 1 crore net worth milestone: Investment Breakdown: 1. Indian Stocks: 27.15 Lakhs 2. US Stocks: 0.45 Lakhs 3. Mutual Funds: 41.48 Lakhs 4. EPF: 23.88 Lakhs 5. ESOPs / RSU (Vested): 10.35 Lakhs 6. In Bank: 2.0 Lakhs About me: I'm a...

Heard Investing in FDs is the safest investment, though it gives an interest rate of up to 5.15 -6.45% p.a. But the average inflation rate is 7.5% per year, which is greater than FDs. Is it still a good choice to invest in it, or what are the other schemes that we can use to protect ourselves...