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Baqar Iftikhar Naqvi | Answer |Ask -Follow

Start-up Mentor - Answered on May 27, 2024

Baqar Iftikhar Naqvi is the founder and CEO of Upriver Ecommerce, an online sales accelerator firm and can guide entrepreneurs on how to make their firms grow.He holds a BTech in textile technology from the Central Textile Institute and has a master's degree in marketing and merchandising from the National Institute of Fashion Technology.He has 23 years of experience in the consumer products and retail industry.... more

Asked by Anonymous - Apr 16, 2024Hindi

Career

Sir I'm a doctor by profession.Right now I'm practicing in a rented premises and rent of that shop is 17300/month +1000 light bill .I'm practicing in this premises since last 22 years.I got few opportunities to buy my own Shop but I missed it somehow.Now there is one Shop behind my clinic for sale and area of this shop is little bigger than my clinic,Is it advisable to purchase back side shop at Rs 36 lakhs or continue in the same rented shop.Every year there is 10%hike in rent.And to own this shop I have to take 25 lakhs loan.Plz Guide me.Thank you.

Ans: At 36 lacs the cost of money at 10% is 3.6 Lac Rs per annum, i.e. 30K per month. You are paying 17k, which is about 5.7%. So your incremental cost is only about 13k or 4% of the cost of the property. You should buy the shop if there is even 6-7 % capital appreciation in the shop prices in your area on a yearly basis.

For more tips on entrepreneurship please follow me on linkedin: www.linkedin.com/in/baqar-iftikhar-naqvi-34b27a4

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Ramalingam Kalirajan |7592 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

Question by Kapil - Apr 16, 2024Hindi

Money

Is it good to invest in a shop in food court located inside a commercial building with office space in noida as a investment.also the builder is assuring fix rental incomw

Ans: Investing in a shop in a food court within a commercial building in Noida might seem tempting due to the assured rental income, but it's essential to consider the risks involved:

Lack of Regulation: The rental assurance provided by the builder may not be regulated by any governing authority. Thus, there's a risk that the builder might default on their promise.
Lack of Liquidity: Unlike stocks or mutual funds, real estate investments, especially in commercial properties, lack liquidity. It might be challenging to sell your shop quickly if needed.
Assurance Not Guaranteed: While the builder may assure fixed rental income, there's no guarantee that this assurance will hold in the long term. Economic downturns or changes in market conditions could affect rental yields.
However, if you're comfortable with these risks and believe in the potential of the location and the project, investing in a shop in a food court could offer long-term returns. Ensure thorough due diligence, including understanding the terms of the rental agreement, assessing the demand for commercial space in the area, and considering potential future developments that could impact the property's value.

It's always advisable to consult with a Certified Financial Planner or real estate expert before making any significant investment decisions. They can provide personalized advice tailored to your financial goals and risk tolerance. Remember, diversification is key to a well-rounded investment portfolio. Good luck!

Ramalingam Kalirajan |7592 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jul 17, 2024

Question by Deepak - Jun 20, 2024Hindi

Money

Me and my father look after a food and beverage shop( sweets and snacks). The property is our own it's around 2200 sqft on a prime location . Now after already running it for more than 30 years we are planning to wind up the business and sell out the land which will earn a sum of rs 6 cr+ to us. And after that we plan to invest that money into different sectors( like land, real estate, equity and FDs). Other option is to mortgage the property and renovate it and put it on rental income which can yield us around 1.2 lacs per month. Now we are little confused as which option to choose. Renovation cost is around 50 lacs and winding up business is due to manpower issues. Also please explain as we sell the property and get 6 cr in hand how do we plan out investment so as to save tax mostly.

Ans: Evaluating Current Situation

You and your father run a food and beverage shop.

You own the property, which is 2200 sqft in a prime location.

You plan to sell the property for Rs. 6 crores or renovate it for rental income.

Renovation cost is around Rs. 50 lakhs, and rental income can be Rs. 1.2 lakhs per month.

Manpower issues are prompting you to consider winding up the business.

Your goal is to invest the proceeds wisely and save on taxes.

Option 1: Selling the Property

Selling the property can provide a lump sum of Rs. 6 crores.

This option can simplify your financial management.

You can invest the proceeds in diversified sectors.

Option 2: Renovating for Rental Income

Renovating can cost Rs. 50 lakhs.

It can generate Rs. 1.2 lakhs per month in rental income.

This provides a steady income stream but requires management.

Tax Considerations

Selling the property will attract capital gains tax.

Investing in specified bonds can save on capital gains tax.

You can also reinvest in another property to save on taxes.

Diversified Investment Plan

Mutual Funds

Invest in mutual funds for growth and income.

Consider equity mutual funds for long-term growth.

Hybrid funds can provide a balance of growth and stability.

Systematic Withdrawal Plan (SWP)

Use SWPs for regular income from mutual funds.

SWPs offer tax-efficient regular withdrawals.

Fixed Deposits

Invest in FDs for secure returns.

FDs provide stability and guaranteed returns.

Avoiding Index Funds

Index funds track the market but lack active management.

Actively managed funds can outperform index funds.

A Certified Financial Planner can provide tailored advice.

Avoiding Direct Funds

Direct funds seem cheaper but need professional guidance.

Regular funds, through a Certified Financial Planner, offer expert management.

Final Insights

Selling the property can provide a large corpus for diversified investments.

Renovating for rental income provides a steady cash flow but involves management.

Diversify your investments for growth, stability, and tax efficiency.

Consult a Certified Financial Planner for a detailed, personalized plan.

Appreciate your long-term planning and proactive approach to managing your assets.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |7592 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Sep 03, 2024

Question by Shaming - Sep 03, 2024Hindi

Money

Thankyou for your advice sir ....I have one more plan sir please suggest that will it work......there is commercial shop in main market yielding 38000 rent ...it's is 65 lakhs .....and value in papers is 25 lakhs ..so remaining unaccounted amt 25 lakhs and loan of 15 lakhs for 3 to 5 years ....in this way I will save my captain gain tax on 25 lakh olso ...plz suggest

Ans: It's crucial to follow legal and ethical practices. Underreporting or unaccounting the purchase value of property to evade taxes is illegal and can lead to severe penalties and legal issues. It's advisable to declare the full value of the transaction and pay the appropriate capital gains tax. You can explore other legitimate tax-saving options, such as investing in specified bonds or using exemptions under Section 54.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Latest Questions

Rajesh Kumar Singh |39 Answers |Ask -Follow

IIT-JEE, GATE Expert - Answered on Jan 21, 2025

Question by Hemanth - Jan 20, 2025Hindi

Career

Am 33 years old, MALE. Working as IT admin in a Rural Co-operative bank, Am having knowledge on SQL, Domain, Database Management, banking and Networking. I want to move to Bangalore for higher paying job, am I still got chance to get myself placed in a MNC, shall i go for Cyber Security or Coding Domain. Please guide me. And which course or certification suits me at.

Ans: reputed Cyber Security or Coding Domain good , speak to industry people before leaving present job

Dr Anshuman Manaswi |26 Answers |Ask -Follow

Plastic-Aesthetic Surgeon, Emergency Care Consultant - Answered on Jan 20, 2025

Asked by Anonymous - Jan 07, 2025Hindi

Health

How to avoid habit of nail biting?

Ans: You need to control your urgent , be less stressed and distract yourself by by being busy.
But if still it doesn't get controlled, pl see a psychologist

Ravi Mittal |508 Answers |Ask -Follow

Dating, Relationships Expert - Answered on Jan 20, 2025

Asked by Anonymous - Jan 15, 2025

Relationship

my mom and dad knows about me and my boyfriend .. me and my bf have never had anything sexual or something ever . but my mom the other day saw a pic of him and me in which he had his hand on my waist ans she had it up all against me she started saying all those mean thing and comparing me with the other girls who become physical in relationship . what do i do

Ans: Dear Anonymous,
I understand that you are in a tricky situation. First, let's acknowledge that couples who decide to get intimate are not "bad." Their choice is just different from yours. You can try to explain the same to your mother- though it will be tough, everyone needs to understand this. Secondly, in this situation, all you can do is let her know that her upbringing will never allow you to lie to your mom or cross boundaries that will hurt her and your dad. This way, you might be able to regain her trust.
Best Wishes.

Ravi Mittal |508 Answers |Ask -Follow

Dating, Relationships Expert - Answered on Jan 20, 2025

Asked by Anonymous - Jan 14, 2025Hindi

Relationship

What types of questions should I asked to a boy on the first meeting??

Ans: Dear Anonymous,
There is no hard and fast rule that you have to ask a certain set of questions. You can ask anything you like- things that are important to you, deal breakers, attributes you would want in your partner, etc. Anything that isn't rude, or too intrusive is okay. For instance, you can ask him what are his hobbies, passions, and career plans; does he like to travel, what are his values, his religious and political stance, does he drink or smoke, is he outgoing or loves to spend most of his time indoors, family plans, does he want kids, etc. These are all questions that will help you get a better picture of who this person is- but most importantly, let the conversation flow on its own. You do not have to make a questionnaire. You will get a fair idea of what to ask once you start talking.
Hope this helps.

Ravi Mittal |508 Answers |Ask -Follow

Dating, Relationships Expert - Answered on Jan 20, 2025

Asked by Anonymous - Jan 11, 2025Hindi

Relationship

I am a 20 years old guy and in my past romantic relationships, have shown signs of emotional instability, too much dependency and lack of awareness of boundaries which affected my relationships badly...I hadn’t interacted with people in a long while since 2020 (precisely when lockdown had started) and feel that some aspects of my personality are not developed fully as they should be at this age. How to work on this? Also, i have noticed that I am able to create a good first impression but it soon pales and I feel like I am subtly disrespected or talked down to, and this has been happening in all interactions...i am always respectful (often to a fault!) and even have people pleasing tendencies...i sometimes ask immature weird questions and that might probably be the reason (but they’re never inappropriate)...but i do want to gain insights into why i am experiencing what i am and how to navigate this situation well so that I can maintain healthy relationships in future. Thanks you!

Ans: Dear Anonymous,
First of all, I want you to understand that it is no small feat to realize the quirks and imperfections in ourselves- you have done it. Your effort to understand and rectify them deserves to be acknowledged and appreciated.
Now, coming to your question, I can only give you some general advice on each-
Emotional instability and dependency- these behavioral patterns can stem from various factors; it can be a lack of confidence or some past issues that are left unresolved. It is difficult for me to tell you exactly why it is happening. It can also arise from a lack of validation. To manage it, you can focus on self-regulation- like meditation or journaling whenever you feel these emotions rising. This way you are expressing them but not damaging your relationships. Take up new hobbies or goals. Achieving milestones can build confidence.
Navigating Boundaries- You can speak to your partner in the early stage of the relationship to understand their boundaries. This way there will be clarity and you won't overstep. You can set up some boundaries too.
For better interpersonal skills, you can proactively follow some rules- like active listening, avoiding overthinking, asking open-ended questions, and resisting the urge to seek your partner's approval.
About the awkward questions- it is important to understand that you might perceive them as awkward, but the person opposite to you might think of it as a genuine curiosity. As long as it isn't intrusive or inappropriate, there are no awkward questions.
Like these, I can only offer you some general advice. But the best advice of them all would be to seek counseling. It has done wonders for people. And the first step, which is identifying the issues is already done. Bravo! What's wrong with taking a little professional help in navigating the next steps? They can guide you in a more structured manner.
Hope this helps.

Kanchan Rai |499 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Jan 20, 2025

Asked by Anonymous - Jan 09, 2025Hindi

Relationship

I’ve been in a relationship with a girl for the past 4 years, but due to various issues, things have become extremely complicated. Her father doesn’t approve of me, and my mother doesn’t like her either. Despite this, we’ve managed to stay together all these years. The problem is now escalating. My family is pressuring me to marry someone else, but I’m unable to leave her. At the same time, I feel I can’t marry her either because of her behavior and the ongoing issues with my family. I’ve tried to ask her to change certain things, but she hasn’t made any efforts in that direction. To make matters worse, her mother supports our relationship and trusts me, which makes it even harder for me to walk away. I don’t want her to marry someone else, but I also feel stuck because of my family’s expectations and the challenges in our relationship. Even If I leave her I don't know what she is going to do. What should I do in this situation to make the best decision for everyone involved?

Ans: it's crucial to reflect on what you truly want and need from a relationship. Ask yourself if this relationship brings you the happiness and fulfillment you seek, or if the challenges you face are too significant to overcome. It's important to differentiate between staying out of love and staying out of fear or obligation.

Talking to your partner openly is essential. Share your concerns honestly and listen to her perspective. If there are changes you've hoped for, express why they matter to you. At the same time, recognize that change is a two-way street—it requires effort and willingness from both sides. If she hasn't made efforts in the areas you've discussed, it may be worth considering whether this is a pattern that can be changed or a fundamental mismatch in expectations.

Your family's disapproval complicates things further, but it's important to remember that this is your life and relationship. While their opinions are significant, they shouldn't be the sole deciding factor in your happiness. Balancing respect for their wishes with your own needs is a delicate task, but ultimately, you need to make a decision that feels right for you.

If the relationship feels unsustainable despite your efforts, it may be time to consider a different path. It's understandable that you’re concerned about her well-being, especially given her mother's trust in you, but staying out of guilt or obligation can lead to further unhappiness for both of you. If you decide to part ways, doing so with kindness and honesty can help mitigate some of the hurt.

Ultimately, this decision is deeply personal. Weighing your feelings, the relationship dynamics, and your family's expectations will guide you toward a resolution that prioritizes your well-being and future happiness.

Kanchan Rai |499 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Jan 20, 2025

Asked by Anonymous - Jan 09, 2025Hindi

Relationship

My age is 41 years. I have two kids. Nurturing n looking after them n whole home single handedly. I am a visiting faculty in a institute . Earns very nominal earning. My husband hits me, taunts me and use very arrogant words to me like tumhe belt se maarunga n similar many worst words. His family has been always unsupportive to me . Now after 16 years of marriage, he still wants me to please his mother n other family. Which I completely avoid as they have never supported me and always boycotted me. His real brother is in politics and all family members including his cousins do follow him and boycotted me n husband. Now for everything my husband blames me and says if you gave pleased them, all might have good. But inspite of pleasing them a lot , they are like treating me like I am a stranger. I handle n manage everything still by the end of the day.... everything is in vain. Husband says...What you did for home? I will never ever give my money to you and so on. I am literally in trouble thoughts, what to do ? I even many times thought to end my life but my kids are the reason I continuously bears everything. Please suggest what shall I do.

Ans: it's important to acknowledge that no one deserves to be treated with such disrespect and abuse. Your feelings of isolation and frustration are valid. It can feel overwhelming when the people who should support you instead make you feel like an outsider.

In situations like this, it’s crucial to find support outside the immediate family. Reach out to trusted friends, family members, or support groups who can offer you emotional strength and practical advice. Consider speaking with a counselor or therapist who can help you navigate these complex emotions and provide strategies for dealing with the abuse and stress.

You’ve shown immense resilience, especially for your children. They need you to be strong, and seeking help is a vital step in preserving your mental and emotional well-being. Remember, prioritizing your health is not selfish; it’s necessary for you and your children’s future.

Also, explore any legal avenues or resources available for individuals in abusive relationships. Local support organizations, legal aid, or women’s shelters can provide advice and assistance if you decide that leaving the relationship is the best option for your safety and well-being.

You have already shown great courage by managing so much on your own. Continue to seek out support and know that you are not alone in this journey. There are people and resources willing to help you find a path to a healthier and more secure life.

Milind Vadjikar |871 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Jan 20, 2025

Asked by Anonymous - Jan 04, 2025Hindi

Money

I am in debt trape around 8.5 lac with personal loan and credit card due

Ans: Hello;

What is your current monthly income?

Do you have any disposable asset?

Please take your family and friend circle into confidence and explain your difficult situation.

First priority should be to settle credit card dues since they have a very high rate of interest.

Remember the age old saying to cut your cloth according to your size.

Stop using credit cards since it cultivates tendency of reckless spending in the absence of rigorous discipline.

Henceforth do not borrow except for home loan, as far as possible.

Best wishes;

Milind Vadjikar |871 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Jan 20, 2025

Asked by Anonymous - Jan 20, 2025Hindi

Money

I am investing in Quant active fund MF from last 12 months now and since then I am experiencing negative returns. should I stay invested or switch? If stay invested, then advise approx time to invest ?

Ans: Hello;

If you have invested for the long term(7+ years) then you should not get bogged down by such short term market volatility and drawdowns causing negative returns.

However some allegations of unfair practices against Quant AMC have surfaced.

In the backdrop of these events you may move your investment to another fund in the same category.

Happy Investing;
X: @mars_invest

T S Khurana |304 Answers |Ask -Follow

Tax Expert - Answered on Jan 20, 2025

Question by Kanagaraj - Dec 24, 2024Hindi

Money

Hi sir, I transfered 3 lakhs to my friend in 2023 as loan through bank transfer. If he repay that without any interest in 2024, should I pay income tax?

Ans: You should get the amount back through banking channel only. You would have to pay any tax on it, since this is not your income, but just return of temporary loan without interest, to your friend.
Most welcome for any further clarifications. Thanks.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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