Immaterial of how much you are earning, the limit of 80C is Rs. 1.5L. This was fixed long long long ago. It is an irrelevant number. 80C includes provident fund, term insurance, and children’s school fees. So if you are earning about Rs. 15L a year…and have a housing loan, the chances are that you […]

I am not sure that the Finance Minister reads my blog…nor do I like to tell others what they should do. He has a job to do and he should do it. If I have no job or my job is to write a blog,I should do that. I hate saying this…but I will. The […]

the retail investor / saver is a very funny animal. When interest rates are low, he will crib about interest rates being too low. When interest rates go up he/she will worry about interest rates being too high, and will worry about that. Let us take a retired man who is about 80 years old. […]

There is more drama in The Street than on Bollywood. Look at what all things have happened…. Larsen & Toubro – at least the world believes it is a board led company, and it surely does not have a single identified promoter – so we have to accept it as a Professionally managed company. Files […]

I had just concluded a big Rs. 10,000 crore loan to a big steel company, and they were willing to pay me Libor+3.5% for a 9 year bullet loan. Backed by 3 such transactions in the past 2 quarters, I knew I was headed for a big promotion and bonus. Of course ESOP will also […]

For Investors like us we think our wealth should go up day in and day out, but there are days, weeks, months, or even years when the wealth does not grow as much as we wish. Of course there are years when it rocks – but you know how it is! What are the things […]

In my amazing life journey so far I have met more than 10,000 IFA. Some of them come up and talk to me and many of them don’t. Many of them who talk to me have amazing stories to tell. I wish I could do a book on that, but that is for another day. […]