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Sreekanth Reddy
owner

Discussion  - 
 
How to set-off Capital losses on Stocks, Mutual Funds, Bonds, Property & Debentures against Capital Gains?

We all want to make profits on our investments. No one wants to absorb the losses. What if you actually have to incur a financial loss?

In such circumstances, Is it possible to maximize income by properly accounting for losses and lower your tax liability?

(Continue reading this post @ http://www.relakhs.com/set-off-carry-forward-capital-losses/ )

#CapitalLoss #STCG #STCL #LTCG #LTCL #SetoffCapitalLoss #CarryforwardCapitalLoss
Set off Short term Capital Loss / Long Term Capital Losses on Sale of Stocks, Equity Mutual Funds, Debt Funds, Property, Gold ETF, Debentures, NCD, Bonds..
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Sreekanth Reddy
owner

Discussion  - 
 
Muthoot Finance's latest NCD Issue - Should you invest? :

Muthoot Finance is proposing to offer Secured & Un-secured NCDs in Jan 2017.

The Rate Of Interest ranges from 8% to 9.25% depending on the category of investor and tenure of the NCDs.

NCD Issue opening Date : 17th January, 2017
Issue Closes on : 17th February, 2017.

Kindly note that the basis for Allotment is 'First come, First served' basis....

(Continue reading this post @ http://www.relakhs.com/muthoot-finance-jan-2017-ncd-issue/ )

#MuthootNCD #NCD #LatestNCDs
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Sreekanth Reddy
owner

Discussion  - 
 
Mutual Fund Direct Plans Vs Regular Plans :

The Direct plans of MF Schemes were introduced exactly four years back ie in Jan 2013.

Since then, due to the lower costs of the direct option, the assets under management (AUM) of direct plans have steadily increased.

What are these Direct plans?

Comparison of Returns between Direct Plans and Regular Plans of top performing Equity Mutual Fund Schemes (2017).

( Kindly read updated article @ http://www.relakhs.com/mutual-fund-direct-plans-vs-regular-plans/ )

What are Direct Plans? Mutual Fund Regular Plans Vs Direct Plans Returns comparison. How to invest in Direct Plans online?
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varsha rajput

Discussion  - 
 
I am feeling lucky

#business
#ideas
#successful
Before starting a business you should analayse the variuos Successful Business Idea so that you can successfully run your business.
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varsha rajput

Discussion  - 
 
Dear All member I've shared an awesome article which brings you best methods to make the #CASHLESS  Payments.

These Methods are now #Trending in India after the Demonetisation

So This post will surely help you to get rid of. #Demonetisation

Best 8 Ways to Make Cashless Payments:-

1.Demand Draft DD
2.Cheque
3.E- Wallets (#Trending)
4.Net Banking/Online Transfer
5.Mobile Banking
6.Gift Cards
7.Debit/Credit Cards
8.And UPI Apps

+ghayas ahmedkhan +Sreekanth Reddy 
In this post we'll discuss the top 8 best ways to make cashless payments, after reading this post, you'll surely found which method is best.
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Sreekanth Reddy
owner

Discussion  - 
 
SREI Equipment Finance Ltd's NCD Issue :

Reliance Home Finance NCD issue has been over-subscribed by 3 times on Day 1 itself (22nd Dec).

Looks like there is lot of demand for NCDs :)

SREI EFL is proposing to offer Secured NCDs in Jan 2017.

The Rate Of Interest ranges from 8.6% to 9.75% depending on the category of investor and tenure of the NCDs.

Kindly note that the basis for Allotment is 'First come, First served' basis...

( Continue reading this post @ http://www.relakhs.com/srei-equipment-finance-jan-2017-ncd-issue/ )
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Sreekanth Reddy
owner

Discussion  - 
 
IRDA's Latest Annual Report 2015-16 :

Latest Death Claim Settlement Ratio of Life Insurance Companies 2015-16.

Top Life Insurance Companies in India based on CSR.

(Continue reading this post @ http://www.relakhs.com/irda-claim-settlement-ratio-2015-16/ )

#ClaimSettlementRatio2016 #CSR

Latest Individual Death Claim Settlement Ratio Data based on IRDA's annual report 2015-16. CSR of LIC, SBI Life, ICICI Pru Life....
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Sreekanth Reddy
owner

Discussion  - 
 
New Income Declaration Scheme - Online Filing Procedure :

A Tax evader can disclose his/her Undisclosed income online through Income Tax Dept's e-Filing portal.

The new online facility has now been enabled.

How to file Undisclosed Income online under PMGKY Scheme? (Pradhan Mantri Garib Kalyan Yojana)

Step by step detailed guide on how to declare undisclosed income (Black-money)...

What are Form 1 & Form 2?
What is the total Tax rate on such disclosed income?....

(Kindly continue reading this post @ http://www.relakhs.com/declare-undisclosed-income-pmgky-online/)

#Blackmoney #PMGKY2016 #IDS2016 #NewIncomeDeclarationScheme

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Sreekanth Reddy
owner

Discussion  - 
 
A welcome move by UGC (University Grants Commission)….

To safeguard student’s interests, UGC has come up with new rules regarding verification of certificates during admission, remittance of fees and refunds;

• From now on, no Higher Education institute shall insist upon a student to submit the original academic, personal certificates and testimonials like mark-sheets, school leaving certificates and other such documents while submitting Admission form.

• Institutes shall physically verify the original documents at the time of admission and return those immediately. However, the educational institutes can keep the attested copies.

• UGC has also clarified that it will not be mandatory for Applicants to purchase the institute’s Prospectus at any time during the course of the study programme.

• The institutes are not allowed to collect Total fees for the entire program in advance. The institutes can charge fees in advance only for the semester or year in which a student is to engage in academic activities.

• The institute shall follow a four-tier system for refund of fees remitted by the student;
i) If a student gives notice of withdrawal of admission to the institute 15 days before the formally notified last date of admission,not more than 10 per cent of the aggregate fees as processing charges from the refundable amount can be deducted.
ii) In case the notice is issued after 15 days, 80 per cent fee should be refunded.
iii) If it is more than 15 days but less than 30 days, 50 per cent fee should be refunded.
iv) If it is after 30 days, there will be no refund.

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Sreekanth Reddy
owner

Discussion  - 
 
Latest News on Digital payments :
* No Service Tax on Debit, Credit Card Transactions Up to Rs 2,000.
* All railway passengers who buy tickets online will get free Accident insurance cover worth Rs 10 Lakh.
* Monthly / Season tickets on sub-urban Railways via digital payment will get 0.50% discount.
* Petrol & diesel to be cheaper by 0.75% if you buy on Cards.
(Source : Ministry of Finance)
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About this community

Sreekanth Reddy
owner

Discussion  - 
 
Personal Finance Blogs in India:

List of Personal Finance Blogs or Websites that I follow and learn from.

My Favorite Personal Finance websites :)

(Kindly continue reading this post @
http://www.relakhs.com/personal-finance-blogs-india/ )

#PersonalFinanceBlogs 
Good Websites / portals on Finance, Stocks, Shares, Mutual Funds, Financial Planning, Bonds,Insurance, Real Estate, Tax.....
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Sreekanth Reddy
owner

Discussion  - 
 
Popular & Best Company Fixed Deposit Schemes 2017 :

Corporate Deposit Schemes are quite popular among retail investors, because these schemes offer better Interest Rates than Bank Fixed Deposits.

Current popular Company Fixed Deposits list.
Should you invest in them?

How to choose best Company Fixed Deposit scheme? Important factors that one needs to consider before investing in CFDs..

How to check if a Company can collect Deposits from the public?...

( Continue reading update article @ http://www.relakhs.com/best-company-fixed-deposits-fd-schemes/ )

#CorporateFixedDeposits #CompanyFixedDeposit
What are the factors to be considered before investing in a Company fixed deposit? Bank deposits Vs company deposits? Is it possible to buy corporate FDs online?
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Manoj Sarang

Discussion  - 
 
I have query on calculation of income from House property.

E.g.
Mr.A has booked flat in Nov-15 in under construction project and made the due payment of 85% through home loan & own payment.
He received possession in month of September 2016 from builder and made payment for remaining 15%.

Mr.A is not residing in same flat and till now have not rented out property. He is staying on rent though to nearby residence of his office.

Now if Mr.A intend to show Income from house property as deemed let out property then

1. Can he show deemed rent Income for entire year.
2. While showing the rent component can he add 1/5 of Interest paid in financial year 2015-2016 as possession is taken in financial year 2016-2017.
3. During financial year 2015-2016, Along with interest Mr. A has made principle repayment as well, so how to get tax benefit on the same.

Regards, Manoj 
1
Sreekanth Reddy's profile photoManoj Sarang's profile photo
4 comments
 
Hi Sreekanth,

Kindly help me to calculate Income from House property for deemed let out property on below mentioned details.

Date of Home Loan: Feb 2016
Interest paid from Feb 2016 till Mar 2016 : 70000.00
Date of Possession : 18th September 2016.
Principal amount paid for 2016-2017 : 40000.00
Interest amount paid for 2016-2017 : 360000.00
Munciple Tax paid : 5000.00
Deemed Rent per month : 7000.00

Thanks in advance

Regards, Manoj Sarang 
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Sreekanth Reddy
owner

Discussion  - 
 
Latest update :

No change in Post Office Interest Rates up to quarter ending 31.03.2017.

PPF @ 8%
Sukanya Samriddhi Account @ 8.5%
Senior Citizen Savings Scheme @ 8.5%
5 Year NSC @ 8%....

(Old post url @ http://www.relakhs.com/small-saving-schemes-interest-rates-2016-2017-fy/ )
Interest Rates of Small Saving Schemes to be recalibrated w.e.f. 1.4.2016 on a Quarterly Basis. Lower Interest rates on KVP, 5 year RD & less than 3 year Time Deposits..
1
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Sreekanth Reddy
owner

Discussion  - 
 
Health Insurance Cover:

Difference between Individual Health Insurance Plan & Employer provided Group Health Insurance Cover.

Pros & Cons...

(Continue reading this post @ http://www.relakhs.com/employer-based-health-insurance-plans-vs-individual/ )

Kindly note that this is a guest post by Shikha of ComparePolicy.

Shikha is an author of 4 books on the subject matter of Insurance & Taxation for the Pondicherry University & Narsee Monjee University. She is a seasoned insurance professional with an experience of more than 9 years in varied domains which include insurance underwriting, training and content development. 
1
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varsha rajput

Discussion  - 
 
A complete guide on good and service tax:)


Read the full post and get everything related GST this is a in depth article.

Hope you like it

Kindly to upvote also.
Introducing the latest economic reform in Indirect tax structure.Here in this post we'll share all information about GST-Goods & Service Tax
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Sreekanth Reddy
owner

Discussion  - 
 
Latest IRDA's data on Incurred Claims Ratio - Health Insurance Vertical.

What is Incurred Claims Ratio?

Incurred Claims Ratio Vs Claim Settlement Ratio.

2015-16 ICR data of Non-life & Stand-alone Health Insurance Companies....

( Continue reading this post @ http://www.relakhs.com/latest-irda-incurred-claims-ratio-2015-16-health-insurance/ )

#HealthInsurance #ICR #IncurredClaimsRatio
What is Incurred Claim Ratio? Difference between Incurred Claims Ratio & Claim Settlement Ratio. ICR details of all Non-Life & Stand-alone Health Insurance Companies 2015-16....
1
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Sreekanth Reddy
owner

Discussion  - 
 
Reliance Home Finance Ltd : Latest NCD Public Issue

Reliance HFL is proposing to issue Secured & Un-secured Non-Convertible Debentures.

Proposed Issue opens on 22nd Dec, 2016.
Base Issue size is Rs 1,000 cr.
.
Coupon Rate / Rate of interest : The ROI ranges from 8.70% to 9.40% depending on the category of investor and tenure of the NCDs...

(Kindly continue reading this post @ http://www.relakhs.com/reliance-home-finance-ncds-2017/)

#NCDs #NonConvertibleDebentures #RelianceHFLNCDs 
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Sreekanth Reddy
owner

Discussion  - 
 

Best Mutual Fund Schemes to invest in 2017 :

Top Performing Equity funds.

Best Large, Diversified, Mid & Small cap, ELSS tax saving & Balanced funds.

My Mutual Fund portfolio....

(Kindly continue reading @ http://www.relakhs.com/best-mutual-fund-schemes-2017/)

#BestMutualFunds #TopMutualFunds #BestSIPs 
2
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Sreekanth Reddy
owner

Discussion  - 
 
Mutual funds are one of the best investment avenues for your money to flourish.

Some Mutual Fund schemes are actively managed by the Fund managers, whereas some are passively managed. Index Funds fall under the category of Passive Funds.

So, what are these Passive Funds?

Index Funds Vs Exchange Traded Funds.

Should you invest in Passive Funds?....

(Kindly continue reading this post @ http://www.relakhs.com/index-funds-etfs/)

#ETFs #IndexFunds #PassiveFunds
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