Video Editor: Ashutosh Bhardwaj
Is your regular salary enough to sustain your expenses? No.
Are basic investments enough? Again, no.
In this episode of Dhan ki Baat, The Quint’s finance expert, Gaurav Mashruwala, explains to us the importance of investing in the right places at the right time.
Invest in All Kinds of Assets
Share market giving you a profitable return does not mean that you invest all your money in the stock exchange. The same applies to real estate and gold. It is important to maintain a balance between your investments. You will not only reap the benefits of every asset but also be insulated against stock market fluctuations.
Investments Can Be Divided into Four Categories
- Equity
- Debt - PPF or FD
- Real Esate
- Gold
You must invest in all the four assets in order to incur low risks and procure high returns. Gaurav Mashruwala explains that just as a good cricket team needs good batsmen, good bowlers and good fielders, proper asset allocation is necessary for best returns.
Your Questions
Our viewer Pradeep Dogra asks, “Is there an income tax on SIP investment? Can it be included in income tax returns and what is the impact if we incur a loss?”
Gaurav Mashruwala responds
Investments are not taxable. You only pay tax when you withdraw any money from an investment. Short term capital gains tax is applicable if you withdraw the money in less than a year and long term capital gains tax is applicable if you withdraw the money after a year.
If you have any questions on your personal finance, please write to dhankibaat@thequint.com
(This story was first published on Quint Hindi)
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