Should You Opt for Higher Pension under Employees' Pension Scheme (EPS)?
Register for Samasthiti Advisor’s webinar on this important question before its too late!
Why the tax arbitrage argument is not valid for the change in debt fund taxation
The case that the tax change was done to remove the tax arbitrage that debt funds had over FDs rests on very shaky grounds. The Finance Act 2023 removed the benefit of long-term capital gain (LTCG) tax for debt mutual funds. In the absence of a clear communication...
The fall of the last frontier
After the fall of zero-coupon bonds and MLDs, debt mutual funds were the last remaining product that offered a tax efficient way of investing in debt instruments. This last frontier has now fallen!
Budget 2023 increased taxes on market-linked debentures. What should you do if you hold them?
For long, there has been a quest to convert interest income to capital gains when investing in debt products. First zero-coupon bonds, and until recently MLDs, provided such avenues. The 2002 CBDT circular and Finance Bill 2023 has closed these avenues. The Union...
The Indian Economy: From Fledging its Wings to now Spreading it
My reminiscences after hearing the talk delivered by the Chief Economic Adviser to the Government of India at a recent CFA Society India event
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