With the #economy where it is, can I hold the money in fixed deposits for the next few years and then enter into the #equity market when there is less volatility?
Can I build my #lumpsum to #invest when the market corrects instead of running a SIP?
If I have money today, how should I invest across asset classes? Should I invest based on market opportunity or my asset allocation?
I’ve been #investing through SIPs since 2017-2018. How long until I see decent returns (at least 7 to 9%)?
Should I invest in #index schemes and avoid sectoral calls? Won’t my portfolio be less volatile over the long-run?
Direct tax proposes a new optional #tax regime optional for taxpayers.
Under the new tax regime – tax rates are as follows
Up to 5 lakhs – 0%
5 lakhs to 7.5 Lakhs – 10% 7.5 Lakhs to 10 Lakhs – 15%
10 Lakhs – 12.5 Lakhs – 20% 12.5 Lakhs to 15 Lakhs – 25%
More than 15 Lakhs – 30%
DDT has been removed. #DDT will be taxed in the hands of individuals at their slab rate. With DDT scrapping, govt lets go of Rs 25,000 crore revenue.
Audit Turnover threshold has been increased from Rs. 1 crore to Rs. 5 crores. #Budget2020
When someone says the word #SIP, most of us associate it with equity #mutualfunds. But did you know that SIPs are possible in the fixed income asset class as well?
#Debt SIPs can be one of the most useful ways to meet your short term goals, recurring goals, and asset allocation needs.
SIPs in #debtfunds can be used to meet yearly school fees, build an emergency reserve, your annual vacation, regular recurring expenses, working capital, etc.