AIF vs PMS: What is the Difference?

 If you're seeking to expand your investment portfolio beyond mutual funds with the goal of growing your wealth, Alternative Investment Funds (AIFs) and Portfolio Management Services (PMS) may be ideal options for you. These high-risk investment instruments have become increasingly popular among investors. But, between AIF and PMS, how do you decide which one is for you? In this blog, we will conduct an analysis of AIF vs PMS to help you figure out what would be the best for you.

Charu Dhasmana

· 8,863 views

Government Bonds in India: Types & Interest Rate

 India's government bonds are an essential aspect of the country's financial system, providing a safe and secure investment option for all resident and NRI investors. These debt securities are issued by the government to fund its spending requirements, including infrastructure development, welfare schemes, and debt refinancing. In this blog, we will delve deeper into the different types of government bonds available in India, their benefits, and how they can be an essential part of an investor's portfolio.

Charu Dhasmana

· 5,547 views

Non-Resident Taxpayers without PAN can file Form 10F Manually till September 30

 The Central Board of Direct Taxes (CBDT) released a notification on 28 March 2023 offering relief to NRIs without a PAN (Permanent Account Number) by allowing them to file Form 10F manually till 30th September 2023. Earlier, exemption from mandatory e-filing of Form 10F was provided till 31st March 2023. In this blog, we will throw light on Form 10F and challenges faced by Non-Residents during e-filing of Form 10F.

Charu Dhasmana

· 5,710 views

REC Bonds: Rural Electrification Corporation Bonds

 When an asset such as land or a building is sold after being held for more than two years, the resulting profit is known as a long-term capital gain. To avoid paying tax on this gain, you can invest it in specific bonds within six months of the sale of the asset. One effective option is to invest in 54EC bonds, which are also known as capital gains bonds. One of the bonds under Section 54EC are REC bonds (Rural Electrification Corporation Bonds). They are debt instruments issued by the Rural Electrification Corporation (REC) of India to finance rural electrification projects.

Charu Dhasmana

· 10,840 views

Debt Funds are not Eligible for LTCG Tax Benefits from April-23

 The government introduced amendments to the Finance Bill 2023. In a setback to debt mutual fund investors, a proposed amendment to the bill was removing the long-term capital gains (LTCG) tax benefit from debt mutual funds. Hence, any capital gain received on investments made after April 1, 2023 in Non-equity mutual funds (Funds which have more than 36 months investment in debt) will not be eligible for long term capital gains taxation benefits.

Manoj Negi

· 3,529 views

FEMA Guidelines for Inward Remittance

 When a relative abroad sends you money, and it gets deposited into your Indian bank account, it is considered as an inward remittance. Each country has its own set of rules and regulations to regulate such types of foreign remittances. For instance, in India, the FEMA (Foreign Exchange Management Act) under RBI (Reserve Bank of India) outlines the rules and regulations for inward remittances. This blog explains inward remittance and FEMA guidelines for inward remittance to help you safely and swiftly send money to India.

Charu Dhasmana

· 20,487 views

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