Hello,
I need some opinions/advice/guidance in the following matter.
I am 68 yrs old and I have invested 40Lakh in various equities & 50Lalk in Equity based M/F’s since last 14 years.
Current market value is around 1.8crore & 1.6crore respectively & it may grow by 20% CAGR as per my assumption...
Let’s discuss about investment through NCD (Non convertible debentures) on this thread.
Do share your experience of investing through NCD and their tax implications?
On another thread, I had asked whether one can invest one's savings with one's spouse, and its implications. There are various implications like clubbing of interest income, treatign it as a loan with interest, etc.
Now, it so happens that my wife is employed by the government of Rajasthan, and...