investing in india

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    Health Insurance Process and Review

    Update: There are 5 edits in this post with updated or corrected information. Please go through them if you have missed something. I am NOT expecting this post to be edited in future. Thank You all for the updates, correction and participation. Recently, I was searching for Health Insurance...
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    Deductions allowed under new(current) tax regime. Megathread

    In my previous post, I covered the popular deductions that have been disallowed under the current(new) tax regime. In this post, I will be covering the important deductions that are still allowed under the new tax regime. Here we go: Standard deduction of Rs. 50000 from salary Contribution...
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    HDFC Millennia Visa Signature: Personal Perspective

    TL;DR: Great for those who spend money online and would like rewards against statement balance and simple conversion Rewards: 5% CashBack on Amazon, Flipkart, Flight & Hotel bookings on shopping via PayZapp and SmartBuy (minimum transaction size of ₹2000) – Max points 750/cycle 2.5% CashBack...
  4. D

    Worth a read ,especially for new traders

    zerodha(dot)com / z-connect/tradezerodha/stock-market-scams-everyone-should-be-aware-of P.S : i am not sure if this is breaking any subreddit rule as the above is a link to zerodha ,I think that above article is a good read and everybody who are investing should know about the above scams
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    What are your thoughts on D-mart's IPO?

    How much are you planning to buy? At what price?
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    Inward Remittance from Foreign Employer

    Hi All, I am posting here first time. I work independently for a foreign employer, he sends me the salary through wire transfer Bi-Monthly in my Citibank Savings account (my previous firm opened it and I continue using this). I noticed that Citibank is charging very high conversion rate. He...
  7. P

    Why diamonds are not an investment by any means

    This is something I came across a long while back Source: https://www.huffingtonpost.com/rohin-dhar/diamonds-are-bullshit_b_3708562.html In finance, there is a concept called intrinsic value. An asset’s value is essentially driven by the (discounted) value of the future cash that asset will...
  8. K

    30 Indian Small and Mid Cap Companies Recognized by Forbes as Asia's Best under a Billion 2023

    30 Indian Small and Mid Cap Companies Recognized by Forbes as Asia's Best under a Billion 2023 Action Construction Equipment AGI Infra Apcotex Industries Beta Drugs BLS International Caplin Point Labs Century Plyboards City Union Bank Datamatics Global eClerx Elgi Equipments Fine Organics...
  9. B

    Question on declaring loss w.r.t. foriegn income

    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...
  10. G

    Housing Price Index since 2010

    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...
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    How do we calculate CAGR of many years but at today’s money value?

    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...
  12. R

    Is anyone able to see the breakdown of charges by tickers as Zerodha announced last week?

    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.
  13. L

    A fun read on the recent pump-and-dumps that SEBI caught (the one involving Arshad Warsi)

    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...
  14. J

    L&T Mutual Fund launches L&T Business Cycles Fund

    Any thoughts on this fund? i am hearing this is a new concept and this is a good time (ofcourse, timing anything is BS!)
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    For freelancers working with US clients: Here is the difference in form W-8 BEN and Form 8233 and why US companies make you file W-8BEN

    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...
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    Investing 60k/mo for long term and tax savings

    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...
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    Valuation 101, Are IPOs valuable?

    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...
  18. W

    Which minerals in India e.g. Coal, Aluminium etc have the greatest concentration of their ores in one-two mines?

    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
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    The Ken makes a big comment on rules for index

    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...
  20. S

    Do "Fixed deposits" give returns?

    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...
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