What is the Cost Inflation Index (CII) for the Financial Year (FY 2022-23) and AY 2023-24? Cost Inflation Index (CII) for FY2022-23 is 331 Cost Inflation Index (CII) for FY2022-23 is 331 For the previous FY 2021-22, the CII Number…
Dev Ashish
Dev is a SEBI-Registered Investment Advisor (Fee Only SEBI RIA). He works with small investors as well as HNI clients across India. If you want to get unbiased, proper and tailor-made financial advice, you can get in touch with him for Goal-based Financial Planning, Retirement Planning, Mutual Fund Portfolio Review and HNI (Affluent) Portfolio Advisory.
How Much More Will Bitcoin Fall?
At the time of writing this post, Bitcoin is trading at around $23,000. Since making All-time-highs of over $67,000 in November 2021, the cryptocurrency is now down almost 67% now. So that said… How much more can Bitcoin fall? If…
How to make an FD Ladder & What is Fixed Deposit Laddering?
Did you know that Laddering your fixed deposits can help optimize returns and manage your liquidity requirements much better? To be honest, there is nothing new about this approach as many retirees who depend on FD interest income already follow…
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Financial Planning in the 30s sets Strong base for a Solid Financial Life later
In your 20s, life is actually not too burdened with responsibilities and other complexities that come later. You have started earning (well), have very few burdens and responsibilities and are full of energy. It's when you cross from the 20s…
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How your Home Loan EMIs will Go Up due to RBI Rate Hikes?
RBI has already started the rate hike cycle in 2022 due to the fear of inflation going out of hand. It has done it twice till now in less than a month. And this hiking cycle is expected to continue…
Read More How your Home Loan EMIs will Go Up due to RBI Rate Hikes?
Can Fixed Deposit Double in 5 Years in India? (Updated 2022)
Is there a money double scheme offered by banks or post office in India (2022)? That is, can a post office or bank fixed deposit double money in 5 years? Let’s try to answer this question. We will use the…
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EPF (Provident Fund) plans to invest 25% in Equities: What to Expect?
Your provident fund (or EPF) is not just invested in debt instruments. If you have read my post on Where is your EPF money invested, you will know that EPFO can invest up to 15% of its contribution flows in…
Read More EPF (Provident Fund) plans to invest 25% in Equities: What to Expect?
Quoted (Economic Times) – June 2022 – Taking Home Loan or Use FD to pay for house purchase
I was recently quoted in Economic Times WEALTH (6-12 June 2022) in the Q&A section where a panel of experts answers readers' questions related to various aspects of their personal finances. This one was about how to decide whether to…
Read More Quoted (Economic Times) – June 2022 – Taking Home Loan or Use FD to pay for house purchase
Don’t buy Rs 1 Crore cover Blindly. Use Term Insurance Calculator to Decide
Term insurance is the simplest and most effective form of life insurance. It is a life insurance policy where you pay a small premium annually for a sum assured and for a period. The sum assured means the sum which…
Read More Don’t buy Rs 1 Crore cover Blindly. Use Term Insurance Calculator to Decide
Will FD Interest Rates Increase to 7-8%?
If you were looking for positive answers to your questions like when will FD interest rates increase in India, then good times are here for you now. After RBI made it clear that the interest rate cycle has turned, the…
Historical Gold & Silver Rates in India (since 1970-71) – Updated 2022
Do you want to know what are the historical gold and silver prices in India? Then here are the average price of Gold (Rs per 10 grams) and Silver (Rs per 1 kg) in Indian domestic markets. Have a look…
Read More Historical Gold & Silver Rates in India (since 1970-71) – Updated 2022
Rise of BNPL is Changing Consumer Behaviour Irreversibly
A few weeks back, I was talking to a cousin who told me that he wanted to buy the latest iPhone model which cost about Rs 1.2 lakh. He also mentioned that he didn’t have the money to buy it…
Read More Rise of BNPL is Changing Consumer Behaviour Irreversibly
NPS Vs OPS Differences – New or Old Pension in India (2022)
Do you know what is the difference between old and new pension schemes in India (2022)? That is, do you know why many people still favour the old pension system in the debate of NPS vs OPS? Do you know…
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What is Grey Market Premium in IPO (GMP of IPO)?
If you invest in IPOs in India (2022), you would have heard the term IPO Grey Market and Grey Market Premium (or GMP) in IPO. So… What is Grey Market Premium in IPO?Why are many IPO investors so eager to…
1% TDS and 30% Tax – Does Bitcoin Trading make sense Or HODLing is better?
A few months back, when the Indian government announced cryptocurrency taxation in India, there was some cheer from the crypto community as it indirectly meant that the authorities were okay with cryptocurrencies. Though 30% tax on capital gains left a…
Read More 1% TDS and 30% Tax – Does Bitcoin Trading make sense Or HODLing is better?