What is the tax rate for Short Term and Long Term Capital Gain Tax on Shares, Pls advise

Ans: First, it’s important to acknowledge and validate your feelings. Your reluctance to engage in these conversations doesn’t mean you love her any less; it might reflect deeper uncertainties, fears, or unresolved issues about the future. Understanding and exploring these feelings can help you approach the topic with more clarity.

It might be helpful to have an open and honest conversation with her about your feelings. Share your inner conflicts and fears without focusing solely on the immediate outcome of marriage. This transparency can foster understanding and help her see that your hesitation isn’t about her, but about your internal process.

On the emotional front, recognize that feeling like a failure is a heavy burden to carry. Relationships thrive on mutual support and understanding, not perfection. Shifting your focus from the pressure of meeting expectations to the joy and love you share can alleviate some of this weight. Remember, it's okay to not have all the answers right now.

Working on these aspects together can turn this challenge into an opportunity for growth and deeper intimacy. Seeking support from a counselor or coach can also provide a safe space to navigate these conversations and emotions, ensuring both of you feel heard and supported.

Ans: At age 63, planning for Rs. 2 lakhs in monthly expenses requires precision. Your financial strategy must ensure stability, longevity, and tax efficiency. Here's a comprehensive analysis:

 

Factors to Consider
1. Inflation Impact

Monthly expenses will grow with inflation over the years.
At 5% inflation, Rs. 2 lakhs today may double in 15 years.
Your corpus must cover these increasing costs.
 

2. Life Expectancy

Assume 85-90 years as life expectancy.
Plan for 25-30 years of sustained withdrawals.
 

3. Withdrawal Strategy

A 15% XIRR is achievable with the right mutual funds.
Systematic withdrawals allow funds to grow even during retirement.
 

4. Investment Mix

Balanced portfolios reduce risk while providing growth.
Focus on equity for growth and debt for stability.
 

Estimating the Corpus Needed
1. Corpus Estimation for Rs. 2 Lakhs/Month

Annual expenses are Rs. 24 lakhs in the first year.
At 15% XIRR, your corpus must sustain withdrawals and inflation.
You may need Rs. 3.5 crore to Rs. 4 crore for Rs. 2 lakhs monthly expenses.
 

2. Accounting for Inflation

Adjust for higher withdrawals every year.
An initial corpus closer to Rs. 4 crore provides a better safety margin.
 

Building and Maintaining the Corpus
1. Diversified Mutual Fund Portfolio

Invest in actively managed equity mutual funds for higher returns.
Avoid index funds due to their inability to outperform during market volatility.
Include hybrid funds for balance and debt funds for liquidity.
 

2. Regular Funds over Direct Funds

Investing through a Certified Financial Planner ensures guidance and regular monitoring.
Regular funds provide professional support and better portfolio adjustments.
Direct funds lack advisory support, which may hinder long-term goals.
 

3. Strategic Withdrawals

Use systematic withdrawal plans (SWPs) for predictable cash flows.
Withdraw from debt funds first during market downturns.
Let equity investments grow for the long term.
 

Tax Planning for Mutual Fund Withdrawals
1. Equity Fund Taxation

Long-term capital gains above Rs. 1.25 lakhs are taxed at 12.5%.
Short-term gains attract 20% tax. Plan withdrawals carefully.
 

2. Debt Fund Taxation

Capital gains are taxed as per your income slab.
Keep withdrawals within the lower tax bracket to optimise savings.
 

Risk Management and Emergency Corpus
1. Emergency Corpus

Keep Rs. 10-15 lakhs in fixed deposits or liquid funds.
This covers 6-9 months of expenses without impacting investments.
 

2. Health Insurance

Increase health insurance coverage to avoid medical emergencies impacting your corpus.
Consider policies with comprehensive benefits and high sum assured.
 

Final Insights
A well-structured corpus of Rs. 3.5 crore to Rs. 4 crore can sustain Rs. 2 lakh monthly expenses. A diversified mutual fund portfolio, strategic withdrawals, and tax-efficient planning are essential. Regular monitoring and professional advice ensure peace of mind during retirement.

 

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: stock market is not for short term, its always for long term, great wealth is made if you stay invested in quality companies over a longer period of time.

Ans: its not listed

Ans: what is your objective behind investing, wealth creation for long term? if yes then plz replace all season bond fund with a large cap scheme.

Ans: Virus news

Ans: 30yrs is a great period, will suggest to go for a small cap fund if you are investing for 30yrs.

Ans: +97 as on 6th Jan 25

Ans: Hello V.
Be relax! There will be no effect of UFM on your career and any type of job. You are not a alone student who has faced UFM charges. This is just a disciplinary action taken by the college committee to maintain the rules and regulations. This is not an offence and there is no police complaint registered with your name. There will no impact on your higher studies either in India or abroad. Keep focussed on your remaining years and try to excel in the examinations and see that you pass B.Tech. with high CGP.
Best of luck for your upcoming bright future.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam