by Vidya Kumar | Nov 19, 2019 | Arbitrage Funds, Vidya Kumar
Summary: Arbitrage funds take advantage of price differences in securities. Fund managers buy and sell securities in different markets and generate returns based on price mismatch. Arbitrage funds are treated as equity funds from a tax perspective. They are less risky...
by Vidya Kumar | Nov 13, 2019 | Airbnb, Vidya Kumar
Summary: Airbnb offers a chance to earn income from your additional property. You can list your property on the website and people can rent it out while on their business trip or vacation. You can set a rent as per your choice. Your income will be subject to...
by Vidya Kumar | Oct 30, 2019 | Capital Gains, taxation
Summary: Capital gains earned on sale of house property can be classified as short-term or long-term capital gains. Short-term capital gains are taxed as per the income tax slab rate and long-term capital gains are taxed at 20% after indexation. There are provisions...
by Vidya Kumar | Oct 16, 2019 | financial planning, Vidya Kumar
Executive Summary: As Diwali approaches, we get busy in cleaning up the house, purchasing new things and festivities. Do take some time to organize your financial life too. Get rid of unwanted bank accounts, credit cards and insurance policies. Reduce debt,...
by Vidya Kumar | Oct 13, 2019 | Home loan
Would you like to reduce your home loan interest cost and at the same time save on the taxes on your liquid fund investments?Few banks provide home loans with a linked current account. Any balance kept in this current account earns the same rate of return as that of...
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