Sir, i have one paytm 160 qty @ 1515.0 since 2 yrs. With current scenario, shall i purchase more qty to average out or shall i wait? If u suggest to average out, then what should be targeted cost to achieve?

Ans: Hello,
if you are from the open category then at this percentile you may not qualify for JOSAA counselling.

Ans: Hi Pushpa

Please share your category & home state to guide you better.

Ans: Hi Saubhagya
You will get tier-2 nits. If you can improve a bit more then the chances of better NITs & IIITs are there.

Ans: Hi Anushka
Please share your category & home state to guide you better.

Ans: Hi Rohit
Please share your category & home state to guide you better.

Ans: Hi Rakesh
Please share your category & home state to guide you better.

Ans: Hello;

No that is not correct however people should avoid making retirement corpus estimate based on some thumb rules floating on social media which can be dangerous to your financial well-being and health.

If you have "adequate resources" of inflation indexed income, such as:

1. SWP from a hybrid mutual fund
2. Rental income from residential or commercial property
3. Inflation indexed annuity income

In addition to interest income, dividend income, pension, if any, self occupied house plus separate provisions for kids higher education and some emergency fund for health issues apart from adequate healthcare insurance for the family.

This can work for many people.

The key thing is people who are in late 30s/early 40s have a burnout feeling due to toxic work culture in most Indian establishments and also having created some corpus are eager to exit the rat race without proper due diligence.

Such people may try to pursue alternate vocation or profession to remain engaged, keep earning and also get out of the rat race after careful consideration and planning.

Best wishes;
X: @mars_invest

Ans: Dear Anonymous,
A lot of successful love stories start online but they do not go anywhere if it stays online. Before making any kind of commitment you must meet the person IRL. And before meeting him IRL, you must take safety precautions in case things don't go as expected. If you plan to meet, you must inform the time, place, and location to your parents and close friends, always pick a public space that is bustling with people, and if you feel even remotely uncomfortable or your instinct says the date's not going well, feel free to get out without any guilt. Safety comes first.

Best Wishes.

Ans: 80C is not allowed against STCG taxable u/s 111A and LTCG taxable u/s 112 as well as 112A. Hence in your case STCG not covered in 111A will be adjusted against 80C

Also for old regime 2.5 lacs basic exemption limit will apply

In ITR 3 is not notified for FY 24-25, but in FY 23-24 there was option at serial number 5 wherein you have to show short term capital gain not covered in previous 4 options.