india

I am not able to decide whether to pay off my housing loan or invest using the surplus every month. I have a fair idea about the benefit I will get on my investments in the long run (compared to prepaying the loan), but I want to incorporate the tax benefit (on housing loan interest and...

Returns till March 31st 2020 1 year : Equity- -26%. Gsecs-12.3% 10 years : E- 0.3%. GSecs - 9% 25 years : E- 9%. Gsec - 10.6% Disclaimer : I have not put together the data myself. I have only taken it from the above Twitter post by a person with decent credentials

First let's start with basics Q: What is Form 26AS Form? Ans: Till now Form 26AS, was a statement that IT dept used to provide u to capture (a) TDS deducted from u (For eg: Ur company deducting TDS on ur salary) (b) TCS: Tax collected at source (house property etc) Now Form 26AS, will have a...

Disclaimer: New to reddit. I'm a 27 (M) married. Wife - 27(F). Looking out for suggestion whether its safe to buy a land with my income and expenses. Wife also earns (~60K), she has her own loans and need to take care of her family. So, not including her expenses here. Income: CTC -...

Original Source: https://boringmoney.in/p/byjus-is-sued-by-its-lenders -- Four years ago I read an article in The Ken titled The making of a loan crisis at Byju’s. The gist of the story was that Byju’s was an edtech doing phenomenally well selling its digital courses to parents of young...

Will be added on Dec 21 (Could be in 2 tranches) News sent TESLA shares up 13 percent after hours This addition could minimise the gap between S&P 500 and the Nasdaq index going forward (TESLA has gone up around 400 percent in 2020) The company it replaces in the index will be revealed later...

Highlights. USDINR Sensex and NIFTY

Starting April 2022, EPF+VPF contributions above 2.5L per finyear is gonna attract taxes. My employee+employer contribution is about 70k per month (12% of basic salary). About 8.4L per year go to my PF account. How is the tax calculated on this? Flat 30% on 8.4L or 30% on (8.4-2.5)L?

As the title suggests, I'm a 16 year old, and I have just recently given my 10th boards , who has to earn to afford my own education. My dad, earns around 9k from salary +4.5 to 5k misc + 4k from rent p/m works for half a month approx. He doesn't want to support my education cuz he doesn't...

I started by working at a tech services company for 2 years, was getting paid 7.2LPA. hated coding. Decided to quit. Switched lanes into something creative: aka advertising. Had to take a major paycut to join a small ad agency. Started at a stipend of 20k per month. Did good work...

So, during COVID, like many others I lost many things and we got hit financially pretty bad. My job was also not that well so we lost all of our savings. Somehow managed to survive through everything. After a long time, managed to land a new job in 2023 and started saving money little by...

I watched this video of LLA and thought I'll share it as well as get the community's thoughts and experience about it. LLA Video Link PS: I don't use these apps nor will I ever install them in future.

Background: I'm an MBA graduate of 2020, from one of the prestigious Indian b-schools. Got a PPO which got revoked due to COVID. Joined an e-commerce company by taking a 30% paycut. I'll be completing 4 years in this firm soon. Have received good rating in each cycle and got promoted in 2022...

My father works in a PSU and really confused whether to take EPS by paying a additon amount.There is a lot of confusing between his colleague- most of them believe that if they opt for EPS they will also lose the CPF contribution from the employer. The EPS doc where one will get 23k pension by...

I am planning to buy a 2BHK flat for investment purposes in Bengaluru. Here is my high level maths:Planned For 10 years Cost of Property ₹1,10,00,000 Downpayment ₹25,00,000 Registration ₹8,80,000 (approx 8%) Interiors ₹8,00,000 Property Tax ₹88,000 (₹8000 per year +10% every 5 years)...

So I got an email from L&T Finance stating some rights issuance and some stock calculations. I can understand basic investments but anything beyond the surface confuses me. I did try to read and understand but couldn't make sense out of it. The email has few links to some kind of forms and...

Previously, I had to enter details on cleartax one by one per trade which was quite painful, but it now supports parsing zerodha statements, along with CAMs/Karvy for mutual fund transactions, to automatically fill the tax return with all of the capital gain details required to be filled in...

The current design of NPS is missing a critical component of diversification namely international stocks. I think Indian investors could benefit immensely from having Vanguard Total World Stock Index Fund (VT https://finance.yahoo.com/quote/VT?p=VT) as one of the investment options from NPS...

Nifty historical data says every time nifty P/E ratio goes above 23 is overbought zone and will face correction and currently is about 30. It does not look safe at all. I already moved my SIP to liquid funds and waiting for a big correction. what you are doing?

Hi! In my other post on how I use PPF for my retirement, I mentioned how its interest is calculated: In this case, it would be optimal to invest the maximum Rs 1.5L before April 5th of the financial year to get the maximum interest. But we don’t all have that much money lying around to invest...