Budget 2020 has sparked a new debate on which income tax slab rates are beneficial for tax assessees (New Tax Regime Vs old one). A new income tax regime has been proposed in Budget 2020. A taxpayer can opt for it by forgoing 70 income tax exemptions. Offering an optional lower rate of income tax […]
Real Experiences
Aftermath of ‘Karvy Stock Broking mess’, are your Mutual Fund investments safe?
We are all aware of the fact that ‘mutual funds are subject to various market risks‘. This is because there is no way to predict what will happen in the future (or) whether a given asset will increase or decrease in value. Because the market cannot be accurately predicted or completely controlled, no investment is 100% risk-free. As a mutual […]
Top 15 Best Mutual Funds to invest in 2020 & beyond | Top Performing Equity Funds
In India mutual fund industry’s asset under management (AUM) has been growing at a rapid pace. The total AUM has reached around Rs 25.50 lakh crore in August 2019. The asset under management of Debt, Equity and Hybrid schemes at the end of August 2019 stood at Rs 13.22 lakh crore, Rs 7.16 lakh crore […]
What is Streedhan? – Meaning & Constituents | How can Women protect it?
The Hindu Law has certain concepts like HUF (Hindu Undivided Family), Karta, Succession rules, Streedhan etc., These were created for smooth functioning of the Household and aimed at protecting the interest of different members of the family. The concept of Streedhan refers to the right of (hindu) women about the Wealth that belongs only to […]
My List of popular Fee-only Financial Planners in India (Part-3) | Based on my interactions & observations
In my constant endeavor to provide right investment advice to our blog readers, I make sure that whatever information provided here is UNBIASED. I am proud to say that ReLakhs.com is one of the very few personal finance blogs in India that has nothing to SELL. We do not have any product or service to […]
My Latest Stock Portfolio | Direct Equity Investments (Shares)
It’s been exactly 15 years since I have been tracking the Indian Stock Markets. My first investment in stock markets was in Ashok Leyland scrip in 2004. I remained invested in this stock for just 3 days only. I would have monitored the price of this stock for atleast 100 times over those 3 days. I vaguely […]