Plz help me regarding this.
1. How would my commodity, Equity share market earning effect my IT? Is that per slab or any else…..Pls let me know how it would be calculated if loss is there. My friend told me he would be eager to invest in my account, where my PAN no is given, and he would carry his profit/loss and withdraw as per that. Is that earning would burden my IT? Should I allow him to do so?
2. Want to to invest in SIP. WHich one should I choose? Reliance MIP/HDFC MIP/Birla sun life MIP?