The late Finance Minister, Mr. Arun Jaitley, reintroduced the long-term capital gains tax in the Union Budget 2018. Previously, capital gains on equity investments were tax-free if held for a year or longer before redemption. Indeed, mutual fund gains are currently taxable. Even if you cannot avoid taxes entirely, there is a way to reduce… Continue reading How to Save Taxes for Long Term by Investing in Mutual Funds?
Month: December 2022
Loan Against Assets – Financial Instruments against which you can take a Loan
Throughout history, our great-grandfathers have advocated a loan-free life. As you may know, in medieval times, there were no banks but instead, landlords existed referred to as ‘zamindars’. You may recall those famous Bollywood dialogues, “Maa Ke Kangan”, and “Zameen Ke Kaagaz“, which mostly told the story of a ‘vicious landlord’ taking advantage of the… Continue reading Loan Against Assets – Financial Instruments against which you can take a Loan
How Rurash Financials can help in the Recovery or Transmission of Shares.
India’s stock markets are experiencing an increase in broker defaults. There have been numerous instances where distressed stock brokers who have lost heavily, usually in the derivative segment, have even sold client collateral to satisfy their obligations to the clearing corporation. Upon the sale of client shares, the proceeds are not returned to the ultimate… Continue reading How Rurash Financials can help in the Recovery or Transmission of Shares.
Is There Any Benefit of Tax Deduction in India on the Interest Paid on Loans
Is There Any Benefit of Tax Deduction in India on the Interest Paid on Loan Against Security (Demat Holding) if the Borrowed Money Is Used To Purchase Further Stocks/MF? Investors often use loans to acquire shares, most often through initial public offerings (IPOs) or on the secondary market. Consequently, they hope to earn a greater… Continue reading Is There Any Benefit of Tax Deduction in India on the Interest Paid on Loans
Top Reasons to avail a Loan Against Securities and Shares
If you sell your carefully chosen securities for urgent cash needs, you may lose potential capital gains that could be earned in the long run. In the interim, you can raise funds to handle unexpected crises by taking a loan against securities. This preserves the value of your securities for future growth. There are Five… Continue reading Top Reasons to avail a Loan Against Securities and Shares