I am seeking guidance on financial planning for my parents, specifically my father, who is 57 years old and nearing retirement. He has dedicated himself to hard work throughout his career, and I am eager to ensure that he can experience a relaxing and fulfilling retirement. Current Assets and Investments: Land owned by my parents … Read more
Warren Buffett released his annual letter to shareholders on Saturday, reaffirming his preference for stocks over cash despite Berkshire Hathaway’s massive cash reserves. He also praised his successor, Greg Abel, highlighting his ability to identify investment opportunities and drawing comparisons to the late Charlie Munger. Source link
New Delhi : Eighty five per cent of executives and senior leaders surveyed advocate for intensified efforts in quantum research and talent development, underscoring the transformative potential of this technology, according to a report by Primus Partners. The survey that gathered insights from 200 senior executives and CXOs, reveals that sectors such as cybersecurity, healthcare, … Read more
The Union Budget for 2024-25 increased the short-term capital gains (STCG) tax rate from 15% to 20% and the long-term capital gains (LTCG) tax rate from 10% to 12.5%. This widening of the tax gap from 5% to 7.5% has sparked considerable discussion about the challenges it poses for PMS strategies, especially those with high … Read more
In the ever-changing world of investments, trying to predict the future of an economy can be challenging. Whether you are an experienced investor or just starting your financial journey, understanding whether an economy is on the path to growth or heading towards a recession is crucial. Fortunately, there is a valuable tool that can provide … Read more
Santrupt Misra, a Biju Janata Dal (BJD) candidate and former HR head of Aditya Birla Group filed his nomination papers from the Cuttack Lok Sabha Seat for the 2024 Lok Sabha elections. His affidavit shows that Mistra has investments in 59 mutual fund schemes. The former HR head of Aditya Birla Group has investments in … Read more
New Delhi: The government is considering various strategies to ensure a nationwide rollout of the four labour codes even though some states and Union territories are yet to come out with draft rules under one or more of these codes.The ministry of labour and employment is considering several options including a gradual repeal of the … Read more
New KYC changes effective from 1st April 2024 are critical for investors to understand to ensure their future and existing investments remain unhindered. The new rules mean that investors with verified or registered KYC status can continue transactions with existing mutual funds and brokers and face no restrictions. However, their KYC is considered incomplete until … Read more
The common perception is that individuals earning up to Rs 15 lakh annually cannot completely save on taxes. However, if planned wisely, one can pay zero tax even with a yearly income of Rs 15 lakh. In this article, we look at how to achieve that. Firstly, by utilising the basic exemption limit offered by … Read more
Smallcase provides curated stock and ETF portfolios managed by research analysts and investment advisors. This allows individual investors to take a simple, diversified portfolio-based approach with the help of professionals. Vasanth Kamath, Founder and CEO of Smallcase, talks to Navneet Dubey of BT Money Today about smallcases and how it leverages its growth along with the presence … Read more