Dear sir,I have a question about capital gain.Suppose Mr.A get some agricultural land from his father mr.B . mr.B also got those lands from his father.I mean these lands are all family asset.Now Mr.B is no more.Mr.A sell those land,now how to calculate capital gain from this type of selling,where no purchase value is avaiable.These […]

Hello, I wish to invest in Gold Bonds, but dont know the procedure i.e. when and how to invest, whom to approach, the brokerage/fees charged and the risks involved. Kindly let me know the same.   Regards, Varsha        

Hello, Have a query on FDs. As my parents are retired, they received lump sum amount of Rs 20L. (Both dont come under tax slabs) Now they wish to invest in FDs (banks) since its a safest option available in the market. But are concerned about the taxes involving the FDs interest. Till now they […]

Tax benefits can be availed for theamount invested and interest accrued is tax-free. A withdrawal ispermissible every year from the seventh financial year of the date ofopening of the account and the amount of withdrawal will be limitedto 50% of the balance at credit at the end of the 4th yearimmediately preceding the year in […]

What are these two types of fund -Actively Managed Fund and Passively managed fund? How they differ from each other and how it impacts investing and returns? Please explain.

Hi Forum members,   I wanted to purchase jagoinvestor books, previously i have already read the following book but this book is not listed in the jagoinvestor website now. http://www.flipkart.com/jago-investor-change-your-relationship-money-with-cd/p/itmdb6v8wbcmgzuy?pid=9789380200446&ref=c8f3d17b-ff24-4e3f-bace-17323ba52041&srno=m_1_1&otracker=from-search&query=jagoinvestor   just wanted to check with the members if any of the three books is same as above then i will not purchase it.   […]

I want to invest some amount over a period of one year and then withdraw it..I was thinking about the liquid funds but i am not sure whether it is tax effective or not.. Please advise. P.S. I fall in 10% tax slab.

Hi, Need you all experts’ advice on achieving my financial goals as below: Son’s education: 1100000    Timeframe: 6 years Daughter’s education: 1200000 Timeframe: 8 years Son’s marriage: 3300000 Timeframe: 14 years Daughter’s marriage: 5000000 Timeframe: 16 years Retirement Corpus: 10000000 Timeframe: 23 years   I have 45K per month to invest with no outstanding […]

Hi    My company has been aquired by another compnay which does not have Super Annuation so Management/Trustees has decided to close the scheme. I have the following queries:   1. If I opt to withdraw 1/3 amount. How much tax (percentage) will be deducted? 2. when the pension will start? Will it start immediately […]

My Book Balance for loan taken for 47.3 Lacs (on 26/02/2013) on 3rd April 2013 is   – 45,29,695.00    This is after adding interest of March 2013,   Now 1st EMI of 55 K is deducted on 10th April 2013   & Book Balance is   -45,54,796.00   How Book Balance is increased instead of […]