 "Harsh Roongta")
Harsh Roongta
Harsh Roongta
Harsh Roongta is the founder of Fee Only Investment Advisers LLP, a Sebi-registered Investment advisory firm. A chartered accountant by training and a personal finance expert, he writes a fortnightly column 'Truth be told' for Business Standard.
Harsh Roongta is the founder of Fee Only Investment Advisers LLP, a Sebi-registered Investment advisory firm. A chartered accountant by training and a personal finance expert, he writes a fortnightly column 'Truth be told' for Business Standard.
Page 9 - Harsh Roongta
Your Money: Should you opt for National Pension System?
If you prefer a forced-savings product, NPS is a good choice. It can become better with tax benefits
 "Your Money: Should you opt for National Pension System?")
Akshay Tritiya: Have your cake and eat it too
Look at gold bonds or gold monetisation scheme instead of buying physical gold
 "Akshay Tritiya: Have your cake and eat it too")
Forge a consensus on pension
The PFRDA Act has diluted the penal and enforcement provisions in the EPF Act, 1952
MCLR may not help retail borrowers too much
Banks will introduce hybrid home loans with stiff penalty on prepayment and shifting
The right questions before picking a high-value term plan
The rack rate of premia is seldom going to be the amount that the insurance company charges even the fittest of persons
 "The right questions before picking a high-value term plan")
Section 54: Money-launderer's delight
Section 54 provides a tax-free method to convert unaccounted money into accounted money
 "Section 54: Money-launderer's delight")
Cheap teaser loans can be very expensive
When the home loan rates are hovering at 9.75%, this would sound like a consumer-friendly proposition
 "Cheap teaser loans can be very expensive")
Market crash is different this time
This time, there was no panic at all. In fact, there was a heightened sense of 'it would be a shame to let a good crisis go to waste'
 "Cash or card? That will be 2% extra for the cash payment, Sir!")
Allow housing societies to invest in tax-free bonds
Unlike a normal investor, the society's investment avenues are strictly governed by the MCS Act
 "Allow housing societies to invest in tax-free bonds")
 "Stop the ongoing real estate monetisation scheme")
How to make gold monetisation scheme work
A lot of issues with the GDS had to do with incentives to a bank for this scheme
 "How to make gold monetisation scheme work")
 "Use offset loans to reduce interest costs")
 "Lumpsum withdrawals: Debt funds score over FDs")