Monthly Archive: March 2014

Mar 25

This week article in The Hindu Business Line

SURESH PARTHASARATHY I am a 36-year-old chartered accountant and my wife is 30. My dependents are my daughter who is three and my mother (66). I am planning to pre-close my existing home loan of Rs. 13 lakh and buy a new house in Mumbai for Rs. 80 lakh with a loan of Rs. 60 …

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Mar 18

Setting of Capital gain or loss.

  If you got good gains from your equity or mutual fund investments this financial year or sitting on losses of earlier years, you can set off this year’s profit by selling your investment before the year-end.   Otherwise,  investors sitting on loss can still make the best of a bad bargain by booking  short-term …

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Mar 17

Latest article on FP The Hindu Business Line

Your financial plan SURESH PARTHASARATHY SHARE  ·   March 16, 2014:     I am 36 and work for a private firm. My wife is 32. We have two sons. The eldest is five, while the younger is three. My monthly surplus is ?10,000. While buying a house, I borrowed ?2-lakh from friends, which I need …

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Mar 10

Latest article on FP in The Hindu Business Line

Your Financial Plan SURESH PARTHASARATHY   I am 34 and work for a private company. My wife is 32 and our daughter three. My parents are dependent on me. I receive an annual incentive of ?1-lakh. I used last year’s incentive toward home loan pre-payment. I have invested ?36,000 in an unit-linked insurance plan (ULIP) …

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Mar 06

Investment strategy for the year end

If you are worried about your tax outgo that could reduce the yield on debt investments, here’s how you can reduce the tax outgo  as well as  set off your long-term capital gains on your mutual fund debt investments.   You would have come across  fixed maturity plans offered by mutual fund throughout the year. …

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Mar 03

Latest Article in The Hindu Business Line

Financial Plan SURESH PARTHASARATHY     I am 53 and my wife is 45. We have two sons who are still studying. At retirement, I may need ?50,000 per month to meet expenses. I am eligible for employer-sponsored pension from an insurance company, but it will not be sufficient. My outstanding home loan is ?60-lakh. …

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