Budget from the lens of financial planning
Budget From The Lens of Financial Planning Financial planning is a long-term process wherein we plan for our immediate goals as well as for goals which are decades away, whereas the budget is a short-term view of how things are expected to be in the next one or couple of years. It is foolhardy to […]
Public Provident Fund
Public Provident Fund How recent PPF guidelines impacts you? Three paragraphs on public provident fund (PPF) in a guideline issued by Ministry of Finance in July 2024 have created confusion in the investors’ mind regarding its impact on their existing PPF accounts. The confusion is even more if such PPF account is for the child. […]
Buyback Tax Impact
Buyback Tax Impact Retail investors to be hit harder by new share buy-back rule from Oct 1: Here’s the maths Sept 1, 2024 Tax on buy-back of shares has an oscillating history. Prior to 2013, share buybacks were taxable in the hands of the shareholders as capital gain. The old rule allowed the deduction of […]