RICH INVESTING iDEAS

  Long Term Capital Gains Tax - Equity - Explained 2018   Budget India 2018 reported by the Finance minister Mr. Arun jaitley last week (1st Feb, 2018) that everyone was expected on Income Tax slab changes and related on Tax saving things. But, nothing has done on these expectations. The Budget proposed to tax for the equity on Long term Capital Gains (LTCG), and this unseen destined the investors in the market on same day. They started the Long term Capital Gains for equity taxed at 10 % without indexation, if the capital gains exceeding more than 1 lakh rupee. This is applicable too for equity oriented mutual funds. This proposed tax is not a new thing, but before the Former Finance minister Mr. Chidambaram revamping it in the budget 2004-05, proposed to abolish the tax on long term capital gains for equity and recommend to levy a small tax called, 'Securities Transaction Tax (STT) ". Now, Mr. Arun Jaitley brought back this with tax at 10 %, but not removing the Securities

Inflation India - Data - 10 Years (2008-2017)   ' Inflation ' - the word is much more concern anywhere in the world. As a part of the economy, the inflation decides the price of any good or services. It predominantly needs for the government with their production and correlated with the Gross Domestic production (GDP). In our country, the inflation has ups and downs and with an average of 6 - 7 % for the last few years. So, while we are planning for our Financial goals like Education, Retirement planning - it's so important to move for the future. Financial Goals are stick with the inflation and that is the reason for entering the stock market to reach our goals at good. Recently, the Reserve Bank of India (RBI) also keenly watching the inflation data or statistics according to Interest Rate cuts. The Bank interest also down in the recent, as inflation matters. Today's 100 rupee is not a worth it be in the next year or after 10 years. So, we just given the inflation da

  Budget India 2018 Highlights   The Budget India 2018 submitted today ( 01.02.2018 ) under the Prime Minister Narendra modi's National Democratic Alliance (NDA) Government by the Finance minister Arun Jaitley . This budget report is Arun Jaitley's fifth and last budget by this NDA party. Budget discussed and recommended mostly for the Agriculture, Business and Health care related. Government also said to helping the farmers for the high production and generating higher income. Govt. needs the farmers to earn on production cost by 1.5 times and for the Khariff crops, the minimum selling price (MSP) set at 1.5 times by the production price. So, the farmers can get a valuable profit and to avoid the middle men.     Funding for Agriculture market of Rs. 2000 crores and also to strengthen the Agri infrastructure with fund of Rs. 22,000 crores.   Credit Target for Agriculture upto Rs. 11 lakh crores and 100 % tax deduction to the farm co-operatives for the first 5 years.

How is my Budget Planning today - Oct - Dec 2017 - PQFR   This is my final Budget planning (Ending December) for this year and the third quarter for the Financial year 2017-18. A lot of mixed with my Fixed and Flexible expenses and the savings and investing remain same in the 33.70 percent.   The PQFR  is based on the  Super Budget 50:30:20:   My fixed expenses were increased with 2 percent plus as compared to the Sep, 2017. You can also compare with my previous months' chart ( How is my Budget Planning today - July - September 2017 - PQFR ). Savings and Investing were remain same, as i had a plan to increase once in a year by 5 - 10 percent.   ( Read this post after the advertisement... )       I spent with some on flexible expenses for the Festival session between october to december, so that you can notice the flexible expenses are at 11.30 % for the month of october and november. Though i had planned in advance, the december month was decreased to 8.8 %.   My Fixed

Economic Survey 2018 for the Budget India   Economic Survey 2018 for the Budget, was reported by Finance Minister Mr. Arun Jaitley in the Parliament last day (29.01.2018, Monday) and also with President of India's presence - Mr. Ramnath Kovind. The Budget for the year 2018 will be held on 1st February. This coming budget is Arun Jaitley's fifth and the last for the National Democratic Alliance (NDA) Party in this period. There are so many things discussed in the economic survey 2018 meet and some of the highlights for you,   India's GDP growth expectation at 6.75 % for the Financial Year 2017-18 and will be around 7 - 7.5 % growth for the FY19.   Fiscal Deficit will stand with 3.2 % for the Financial year 2018 and the Retail Inflation will be 3.3 % (FY 18). Industrial growth expectation at 3.2 % and the Export growth at 12.1 %   Recently, Inflation (Consumer price index -CPI) stood at 5.2 % in December 2017, which was 17 months high and the export also gains

  The Insolvency and Bankruptcy code (IBC) - Need meaningful   The Insolvency and bankruptcy code (IBC) was passed and became effective in the year 2016, by the parliament. The IBC splits the creditors as financial and operational, which provides top rights to the financial creditors to control the appointment of the resolution professional and choose the resolution plan.   This law will able to protect the interests of small investors and create the process of doing business with a trouble free process.It also helps to give the lenders to access, foreign assets of loan defaulters.   It is made to be strengthened with the additional of provisions covering Cross-border insolvency. If any company went bankrupt in India, which have a foreign asset - so the lenders can access the foreign assets of them.   Country's Cross-border insolvency law also inline with the UNCITRAL (United Nations Commission on International trade law) model.  If any other country has dealt with the

  7 Business Filters before starting your startup   Everyone as a human runs behind the business and money in this Digital - Automation world. I mean that the business is like a job for someone and a passion for the other one, but its all about happening today with the ease of Information technology. Most of us, not just hating the present job, it's just like to starting a business is a fashionable way.   So, can we quickly jump into the pond of business world ? Being an Entrepreneur is not a easy word to pass, it's a lot of ability or work to build the trusts, relationships, feedback or emotional. To continue this great journey, we need to filter with the way before starting our Business / Startup.    7 - Seven Business Filters before starting your startup:   Choose a Effort based business. So, we have a confident to push on failure times. Build your startup with a low capital or investment and it should be ideal.   Get Innovative, but it should be reach to the consum