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    Anand Tandon

    Anand Tandon

    Independent Analyst

    03:55 pm | 07 Jan 2015 |

    Jan series may not hold 7960; look for opportunities: Pros

    Market expert Anand Tandon says the fall will give many buying opportunities. He, however, adds that the question now is if the fall becomes steeper how many wi...
    Rajiv Raj

    Rajiv Raj

    Founder & Director

    Creditvidya.com

    10:21 am | 07 Jan 2015 |

    6 steps to get out of a credit card debt trap

    Credit card debt after festival season becomes a problem for some credit card users. Here is a step by step approach that can help you come out of debt trap.
    Amit Harchekar

    Amit Harchekar

    Chief Technical Strategist

    www.aplusanalytics.com

    03:49 pm | 07 Jan 2015 |

    Here are Amit Harchekar's few trading ideas

    Watch the interview of Amit Harchekar, A PLUS Analytics with Ekta Batra & Reema Tendulkar on CNBC-TV18, in which he shared his readings and outlook on specific ...
    Arnav Pandya

    Arnav Pandya

    Financial Advisor & Writer

    04:31 pm | 02 Jan 2015 |

    Different ways of ensuring tax benefits for your income

    One should keep a track of income earned under heads that are tax exempt. One should also be careful of transferring assets to others as it may lead to clubbing...
    Hemant Thukral

    Hemant Thukral

    National Head- Derivative Desk

    Aditya Birla Money

    01:28 pm | 07 Jan 2015 |

    Here are some stock picks from Hemant Thukral

    Watch the interview of Hemant Thukral of Aditya Birla Money with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he shared his reading and outlook on market an...
    Subhash Lakhotia

    Subhash Lakhotia

    Tax & Investment Consultant

    12:32 pm | 31 Dec 2014 |

    15 tax and investment planning tips for 2015

    Keeping a track of income tax rules in money matters ensures peace of mind and healthy post returns in the hands of the investors. Here are some tips that make ...
    Sandip Sabharwal

    Sandip Sabharwal

    Market Expert

    Independent

    09:34 am | 07 Jan 2015 |

    Mkt may touch 7500; like defensives over financials: Expert

    Ruling out the possibility of a pre-Budget rally, Sandip Sabharwal of Asksandipsabharwal.com feels a deeper correction is underway with the Nifty falling till 7...
    Pankaj Mathpal

    Pankaj Mathpal

    Managing Director

    Optima Money Managers

    11:46 am | 30 Dec 2014 |

    Five financial resolutions you must make for the new year

    Here are five easy to stick to resolutions that can improve your money matters in new year 2015.
    Arvind Sanger

    Arvind Sanger

    Founder & Managing Partner

    Geosphere Capital Management

    09:00 am | 07 Jan 2015 |

    Nifty can fall 5-7% more; crude slide on last legs: Sanger

    Sanger sees the Nifty slipping below 8000, and says he will use the opportunity to selectively buy stocks. He says crude prices are unlikely to fall below USD 4...
    Amit Trivedi

    Amit Trivedi

    Author & Founder

    Karmayog Knowledge Academy

    01:01 pm | 29 Dec 2014 |

    Seven point prescription for investors in 2015

    While 2014 started on a grim note, it ended quite well for the financial assets. However there is no point chasing winners of the previous year, as winners rota...
    Sudarshan Sukhani

    Sudarshan Sukhani

    Technical Analyst

    s2analytics.com

    09:10 am | 07 Jan 2015 |

    Deeper correction underway, go short: Sudarshan Sukhani

    According to Sudarshan Sukhani, investors should not look into buying unless the Nifty closes above 8300 in today’s trade.
    Deepak Yohannan

    Deepak Yohannan

    CEO

    MyInsuranceClub.com

    11:46 am | 29 Dec 2014 |

    Planning for New Year eve overseas? Buy a travel cover

    Overseas travel insurance ensures that you are protected from financial losses arising out of unforeseen emergencies. It is cost effective and easy to purchase ...
    Dhirendra Tiwari

    Dhirendra Tiwari

    Head of Research

    Antique Institutional Equities

    10:18 am | 07 Jan 2015 |

    2015 to be another good yr for mkt; like cyclicals: Antique

    Dhirendra Tiwari also expects good opportunities in sectors like banks, capital goods and automobiles in 2015.
    Sanju Verma

    Sanju Verma

    CEO & MD

    Violet Arch Cap

    08:56 pm | 06 Jan 2015 |

    Unperturbed by mkt fall; like ONGC, HUL: Sanju Verma

    According to Verma, today's fall was not about the Russian crises or the Greek crises (potential exit of the nation from the Eurozone), it was about increasing ...
    Devang Mehta

    Devang Mehta

    Vice President & Head - Equity

    AnandRathi

    04:49 pm | 06 Jan 2015 |

    Market fall unexpected; opportunity to enter: Experts

    Kunal Saraogi CEO Equityrush was expecting a pullback for the market but not to the extent it fell. He thinks with the Nifty closing below 8,174 the market is d...
    Om Ahuja

    Om Ahuja

    CEO - Residential Services

    JLL India

    05:53 pm | 18 Dec 2014 |

    Nine point checklist to assess developer's credibility

    Developer’s credibility matters in uncertain times. Especially, when you are investing in an under construction project, it is a key determinant of the succes...
    Jai Bala

    Jai Bala

    Chief Market Technician

    cashthechaos.com

    03:40 pm | 06 Jan 2015 |

    Extreme short term support at 8140; trend up: Jai Bala

    Jai Bala of Cashthechaos.com believes Nifty will find support at 8140 in the extreme short term and if that gets broken, something around 7950 will be the next ...

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      AVP- Equity Research

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    Previous Transcripts

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    Diipesh Bhagtani

    Executive Director, Jaycee Homes

    Om Ahuja

    CEO - Residential Services, Jones Lang LaSalle India

    Subhash Lakhotia

    Tax Consultant

    Anil Rego

    Founder and CEO, Right Horizons

    Lovaii Navlakhi

    MD & Chief Financial Planner, International Money Matters

    Arnav Pandya

    Financial Planner

    Balwant Jain

    CFO, apnapaisa.com

    Suresh Sadagopan

    Certified Financial Planner, Ladder7 Financial Advisories

    Umesh Rathi

    CFPcm, Arihant Capital

    Questions & Answers

    Q

    swaprane: I\'m 31 years old State govt. employee, earning is 5.52 p.a. after deduction At this moment, how can I save tax..?? and how can I invest..?? Please assist me..

    A

    Arnav Pandya

    Financial Planner

    You should ensure that several deductions available in the form of Section 80C where a sum of Rs 1.5 lakh is available plus under Section 80D for payment of health insurance premium is taken. Also if you have a housing loan then Rs 2 lakh of interest paid during the year would be available as a deduction and hence all these should be taken if these are possible.

    A

    Arnav Pandya

    Financial Planner

    Amount gifted to a spouse and then invested would result in the income arising from this being added to your income. There is no implication from the first gift to the spouse but if this leads to some income then this would be clubbed.

    Q

    sudhirsahu: Sir, I bought REC tax free bonds for 2 lakhs one month before the interest payout date. And sold the bonds few days after that for about 1.94 lakhs. I assume there would be no tax on the interest paid out since it is tax free bonds. And there would also be no capital gains as my sell value is less than the buy value. Am i correct in my understanding of the rules?

    A

    Arnav Pandya

    Financial Planner

    There would not be any tax on the interest because the interest is tax free and there would also not be any tax on capital gains as there is no capital gains that has been earned.

    Q

    raj8023: Sir, I am Working in offshore Diving industries last few years. I have NRE account. Some year i complete NRE days and some year not able to do that. Our job is day rate basic contract job. The contract maximum valid for 60 Day. Salary earned approx 18 Lacs / PA. * My Salary came USD from Singapore / Africa / Dubai. * As i heard there is some low which is called NRE Labour Act , which said If the job is contract basic and you earn Foreign currency and you not able to complete NRE days then also you not need to pay TAX on your Income. But you have to pay tax on Interest from your your Income amount. Is that True ? Should i Pay Tax 33% those years which i not able to complete NRE days ?

    A

    Arnav Pandya

    Financial Planner

    You should consult a practising chartered accountant with the exact details of your situation for each particular year to ensure that the exact position on the tax front can be known and the tax implication details are worked out.

    Q

    nuvneet: Sir , I wish to buy a flat of around Rs. 25 lakh from govt authority.For that I want to take around half of the amount from my brother who lives abroad and works there,.So i wan tto know , if the amount taken would be taxable and if there is any upper limit on the amount that can be taken.I am a govt employee and tax payee.

    A

    Arnav Pandya

    Financial Planner

    Amount that is taken as a loan would not be considered as income and hence there would not be any tax implication of this move. Also if the amount is taken as a gift from your brother then this would fulfill the condition of being a relative and hence this would not be considered as income.

    A

    Arnav Pandya

    Financial Planner

    The tax on the gains that have been made on the mutual fund investment depends upon the nature of the fund where the investment has been made. If the fund is an equity oriented fund then the tax rate on long term capital gains will be zero per cent. While filing the income tax return the details have to be mentioned under the exempt income head.

    Q

    mohanlal52: Sir. I have inherited 2 adjoining residential plots of 200 sq. yards situated now within Municipal Committee area purchased by my father in or about 1959 at a cost of Rs.1600 each. I propose to sell the plots for a sum of around Rs. 10 Lacs. Kindly advise me the LTCG tax liability and how can I save by investing the amount. Thanks Mohan

    A

    Balwant Jain

    CFO, apnapaisa.com

    For computing capital gains in case the property is acquired through inheritance, the cost to the previous owner is taken into account. However in case the asset is acquired prior to 1st Aril 1981, you have the option to take the market value of the same as on 1st April 1981 in stead of the cost to the previous owner. Since your father had bought the plots in 1959 it is beneficial for you to take the market value of the plots as on 31st March 1981 as your cost. Going by the way the law is worded toady the your indexed cost of acquisition will be calculated by taking the cost inflation index for the first year. You have two options to save the capital gains. Under first option you have to either purchase a residential house property within a period of two years from the date of sale of the plots or construct a residential house property within a period of three years from the date of sale of the plots. For claiming the exemption, you have to invest the sale consideration for residential property. So the amount of exemption from long term capital gains available here shall be in the ratio of the amount invested which bears to the amount of full sale consideration.The second option to salve the capital gain arising on transfer of plots is to invest the indexed capital gains in specified bonds (NHAI/REC). The maximum investment in a year can not exceed Rs. 50 lacs. These bonds have a lock in period of 3 years from the date of acquisition. The investment in bonds has to be made within a period of 6 months from the date of sale of the plots.

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