ULIPs – Smarter way for Tax Planning & Investing compared to Mutual Funds

As the year comes to an end, many of you would rush to make year-end investments for tax planning, while some of you may want to plan for the coming financial year. There are some important changes that have taken place over past year which should be included in your planning. • Change 1: Mutual funds will attract 10% Long term tax & 15% Short term tax from this year. • Change 2: ULIPs continue to remain exempt from long term tax. Some of you may remember that ULIPs had become a bad w...
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What we learnt from our Customers’ Financial Planning?

“6 time Grand Slam champion Boris Becker was declared bankrupt.” “The famous Baywatch babe Pamela Anderson went from becoming a millionaire to going broke” These stories, though startling, are not uncommon. You can read Pamela Anderson’s story here - https://greenedgewealth.com/2016/10/25/what-pamela-anderson-teaches-us-about-investments/ Why should financial planning be done? Over last 18 months, we have completed financial planning for many clients. We were pleasantly surprised with th...
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