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prahimofficials · 1 year ago

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Prahim Investments: Top Life Insurance Agents in Noida

Introduction to Prahim Investments

Looking for the Top Life insurance agents in Noida? Prahim Investments offers comprehensive life insurance services. Choose wisely; choose Prahim. Prahim Investments, your gateway to the world of secure and reliable life insurance solutions in Noida. With years of experience and a dedicated team of experts, we're here to help you make informed decisions about your family's financial future.

How to Choose the Right Life Insurance Agent in Noida

• Evaluate Your Needs: Begin by assessing your insurance needs and financial goals. Are you looking for protection, savings or both?

• Research Agents: Look for agents with a proven track record, excellent customer service and a deep understanding of the Noida insurance landscape.

• Ask for Recommendations: Seek recommendations from friends, family or colleagues who have had positive experiences with insurance agents in Noida.

• Meet and Consult: Schedule consultations with potential agents to discuss your needs and understand their approach.

• Check Credentials: Verify the agent's licenses and certifications to ensure they are qualified to provide insurance advice.

Services Offered by Prahim Investments

At Prahim Investments, we offer a wide range of services tailored to your insurance needs, including:

• Life Insurance

• Tax Plans

• ULIP

• Traditional Plans

• Retirement Plans

• Education Plans

• General Insurance

• Travel Insurance

• Pet Insurance

• Disability Insurance

• Health Insurance

• Vehicle Insurance

• Personal

• Accident Insurance

• Contractors All Risk Insurance

• Product Liability Insurance

• Marine Insurance

• Professional Indemnity

• House, Office & Shop Risk Insurance

• Fire & Burglary Insurance

• Property Insurance

• Workmen Compensation Insurance

• School & Institutions Insurance

• Mutual funds and portfolio management

Choosing the Right Life Insurance Policy

1. Understand Policy Types: Learn about different life insurance policies such as term, whole life and universal life.

2. Assess Coverage: Determine the coverage amount you need to protect your loved ones adequately.

3. Consider Budget: Ensure that the premium fits comfortably within your budget.

4. Review Policy Details: Carefully read and understand the terms and conditions of the policy before committing.

5. Seek Professional Advice: Consult our experts at Prahim Investments to guide you in selecting the most suitable policy.

Navigating the Claims Process

Filing a life insurance claim with Prahim Investments is a straightforward process. Here's what you need to do:

• Notify Us: Inform us of the claim and we will guide you through the necessary paperwork.

• Document the Details: Gather all required documents, including the death certificate and policy information.

• Submission: Submit the necessary documents to us.

• Processing: Our team will review your claim promptly and keep you informed throughout the process.

Testimonials and Success Stories

Don't just take our word for it. Read the stories of our satisfied clients who have benefited from our expertise and support.

Contact Prahim Investments

Ready to secure your future? Contact Prahim Investments today for expert guidance and personalized insurance solutions in Noida. Your peace of mind starts here.

In conclusion, Prahim Investments is your trusted partner in navigating the world of life insurance in Noida. With our experienced team and commitment to your financial well-being, you can safeguard your family's future with confidence.

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truemindcapital · 3 years ago

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SIP mutual funds are considered as saving and achieves investment goals. Also, Everyone can start the SIP from a small amount. Start SIP by using the best truemind capital platform.

#mutual funds online in delhi #mutual funds online in noida #SEBI Registered in delhi #mutual fund in delhi #tax saving mutual fund in noida #tax savings mutual fund in Delhi #Start sip in noida #start sip in delhi

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deliciouscollectivelady · 3 years ago

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A Brief on Different LIC Retirement Plan | LIC Zaroori Hai Delhi

Taking up a retirement plan to get LIC Tax Saving Plans while you are earning reduces a lot of burden pos retirement. It helps you save for future use, which is a vital necessity. Moreover, the pension schemes are available to every age group, ranging from 0 to 65 years. The website gives out a profound detail of the entire policy so that the customer is not scammed. They have their facts in various languages. For example, if a person understands Hindi better and has a firmer grip on it than English, they will find all the required details of the retirement plan in Hindi.

Lic retirement plan benefit pension fund

The LIC retirement pension fund plan is mainly designed for senior citizens who wish to have a planned retired life without worrying about financial conditions. The lic retirement plan benefit pension funds include:

The premium under the retirement pension fund plans is paid in an amount that is enough for the survival of the senior citizen after his retirement.

If the policy lasts for six years, the policyholder also starts enjoying all the corporation’s profits.

There is no higher limit constructed for the basic sum assured.

The family members continue to enjoy the funding of the policyholder even after his death.

Lic retirement plan policy details

Generally, the LIC Endowment Plan when one keeps aging, they worry about the post-retirement life and how they will survive or financially help their families after they retire. Taking up a LIC retirement plan policy details helps them have a wonderful financed post-retirement life, and they do not have to worry about the finances. They pay an annual amount of money and make sure that all the money saved is used for nothing else but is only saved for retirement funding. These policies ensure that one has a hassle-free retired life and always a backup for the post-retirement life.

Lic retirement insurance plans

The LIC Retirement Plan is an age-old policy stake, and they provide their policyholders with the best programs and are also one of the most relied on due to their excellent benefits for their customers. More than several 250 million people are availing of the LIC retirement insurance plans. In the competitive economic market where there are thousands of policy brands, LIC is still considered one of the best and serves its customers with the best possible consistent services.

Lic retirement pension scheme

A LIC Retirement Plan is a policy that is used as a savings account. Only the savings made in a pension scheme are stored for later use and are given back with sufficient interests and lead a peaceful retirement life. It also reduces the amount spent to pay your taxes by its various policies, and the burden of paying taxes gets reduced post-retirement. Generally, suppose people do not keep aside a part of their salary, and even if they do, they end up wasting it. In that case, it is always better that the person puts his savings securely in the form of a retirement pension scheme, preventing them from spending it and helping them for future use.

We have Other than Retirement Plan services-

1: Dedicated & well trained backroom staff.

2: Door step services across Delhi, Gurgaoun, Noida, Faridababad, Ghaziabad, Bahadurgarh, Sonipat, Bhiwadi etc.

3: Premium collection and payment

4: Premium paid certificate for Income tax declaration

5: Revival of old lapsed policies

6: Death claim settlement

7: Survival benefit

8: Premium renewal reminders through phone and sms

9: Servicing through e-mail and whatsapp help us connect to our 3000 clients across India and worldwide.

10: Online account creation for LIC and Mutual Funds.

11: Portfolio management for LIC/Mutual Funds/Health Insurance

Our Major Services

LIC Retirement Plan

LIC Endowment Plan

LIC Child Plan

LIC Tax Saving Plans

LIC Term Insurance

LIC Best Plan

LIC Term Plan

Focus on Customer Satisfaction:

We are LIC Agent Noida come equipped with the right attitude, people, processes and technology to ensure higher levels of satisfaction and service quality in Noida, Delhi. In transactions, we work systematically to find & ensure quick resolution of any queries or complaints.

Right Experience & Skills:

We have over 8 years of experience in financial advisory and products distribution space. Our experience, qualifications & skills enable us to understand you and your needs, and then offer you the right strategies & solutions to achieve your goals.

Serving clients is our passion and the reason why we are in the business. Nothing excites us more that helping our clients achieve their financial goals and dreams in life with our support.

For more information contact us:-

Email- [email protected]

Phone-

+91 8800334680, +91 9873987357

+91 11 46061461

#LIC Retirement Plan #LIC Term Plan #LIC Best Plan #LIC Tax Saving Plans #LIC Term Insurance

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bivocalbirds · 3 years ago

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A Complete Guide to Property Tax

Although buying a home feels great and is a huge accomplishment, there are also the responsibilities of property taxes. Before you buy a property, it is important to be aware of the cost of property taxes. Before you purchase a property, it is necessary to understand the tax implications. Let's take a look at the tax implications of buying a house before you sell :

If you don't pay your property taxes on time, you could face penalties. Each state has a different penalty percentage. Property loss can result from non-payment of taxes.

Credit card can be used to pay your property tax. It may not be a better option as there is a service fee charged on every transaction you made with the help of a credit card. Therefore, the payment of a big amount for property tax will show it may not a big transaction fee.

You can get tax deductions and rebates for owning a property. You can file the federal income tax returns and receive deductions for taxes paid. Tax break refers to a reduction in the tax you have to pay, you may also be eligible for a refund. Regular tax payments are a must.

The mortgage companies make it easier to pay property taxes. Lenders pay your taxes on your behalf, so it is important to keep an eye on your tax bills.

In certain circumstances, such as military veterans, you may be eligible to receive tax exemption. Different states have different exemptions.

You must get the estimate of tax you will have to pay before purchasing the property. Make contact good with a local tax assessor, and understand the tax you will be required to pay. You must have basic knowledge about property tax and tax rates while buying a property.

This Blog will help you save taxes, capital gains tax, and how selling a house can affect taxes.

Short-term or long-term capital asset

A short-term capital property: Any asset that a person has owned for less than 36 months is called a short-term capital property. All immovable property such as building, house, and land criteria was reduced to 24 months in FY 2017-18. The short-term capital asset will include immovable property, unlisted shares, such as residential, commercial, or building property, which are kept for 24 months after the transfer date. The 15% tax on the short-term capital asset includes an education cess and surcharge. apartment for rent in noida extension.

Long-term capital asset: The long-term capital asset is an asset that has been held for more than 36 months. Movable properties such as jewellery and mutual funds are not eligible for the 24-month period. Long-term capital assets are taxable at 10% plus an education cess and surcharge.

How to calculate your capital gains

Many people want to know if they will have to pay any tax on the sale of their house.

You can calculate the capital gains tax in India using any one of these online methods. If you want to calculate the tax using a calculator, you will need the following information:

Purchase details like month, date, and year Investment details.

Details related to sale in month, date, and year.

Purchase price

Sale price

The calculation formula for capital gains

Short term gain tax = value consideration - (acquisition cost + improvement cost + transfer cost).

Long term capital gains tax India =consideration value accruing/received – (indexed acquisition cost + indexed improvement cost + transfer cost)

What are the Tax Rates

As per Indian tax system, the tax rate is often expressed in percentage. The methods that are used to calculate the tax rate include statutory, marginal, average, effective, and marginal. These rates can be either inclusive or exclusive.

Advantages under Section 54 on purchase of new property

Also, income tax must be paid on a house sale. Section 54 of IT Act provides that a HUF (or individual) who sells a residential property may be exempt from income tax if they use the proceeds to acquire another property, such as a purchase or construction. The tax due on the sale of property can be reduced if it is used to reinvest capital gains. To avoid paying a high tax on the sale, it is important to understand what to do with the house sale proceeds.

Quantum of Deduction under Section 54

Investments in long-term assets are exempted from capital gains (subjected to a maximum limit Rs. 50 Lakhs) within 6 months from the date of such transfer

2.Budget 2014 also included an amendment to Section 54EC. This amendment was effective from FY 14-15, i.e. From AY 15-16, an assessed can only invest in the long-term specified asset out of capital gains that result from the transfer or sale of one or more assets. The investment must not exceed Rs.50 Lakhs.

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loyallogic · 7 years ago

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Most Common Income Tax penalties in India

In this article, Shristi Borthakur, of Symbiosis Law School, NOIDA, discusses the most common income tax penalties in India.

As per the Union List in the Constitution of India, the Central Government has the power to levy a tax on any income other than agricultural income, which is defined in Section 10(1) of the Income Tax Act, 1961, which is the charging statute of income tax in India. Income tax is the annual tax levies on the income of businesses and individuals, wherein businessmen and other individuals are required to file their income returns to the central government every year to determine the amount of tax they owe to the government. It is the key source of funding available to the government. As per the Income Tax laws in India, income tax is imposed by the government on,

Individuals

Hindu United Families (HUF)

Companies and firms

Limited Liability Partnership (LLP)

Association of persons, a body of individuals

Local authority and any other artificial juridical person

This is imposed on both earned and unearned income, and can be in the form of direct tax, paid directly to the government on your income, and indirect tax, that is charged by various service providers, such as GST. Furthermore, this is applicable to anyone who earns income in India, thus, even to NRIs. The Income Tax Department has classified income into 5 categories, which are as follows,

Income from salary- wages, pensions, commissions, etc.

Income from other sources-savings bank account interest, fixed deposits, prize money, if any, etc.

Income from house property- from rents

Income from capital gains- shares, mutual funds, etc.

Income from a business- income from self-employed areas.

To calculate the amount of income tax particular business/ individual owes, the above categories are further categories into tax slabs based on their income range. These tax slabs, however, are not fixed and are subject to exemptions and deductions. The tax slabs for the year 2017-18 are as follows,

Income Range Tax Rate Tax To Be Paid Up to 2,50,00 No tax No Tax Between 2.5 lakhs to 5 lakhs 5% 5% of your taxable income Between 5 lakhs to 10 lakhs 20% Rs. 12,500 + 20% of income above 5 lakhs Above 10 lakhs 30% Rs.1,12,500+ 30% of income above Rs.10 lakhs

The taxpayer is supposed to file his income tax return, which is a statement of earning from various sources, before the specified date for each year, that determine the following,

Whether the taxpayer owe tax in the first place,

What is the amount of tax the taxpayer owes

Is he/she eligible for any tax refund

Non-payment of income tax is a punishable offence, and various penalties accrue for various kinds of default by taxpayers. The Income Tax Act lays down the various tax defaults, and the penalty that they attract, as amended by the Finance Act, 2017. Also, not all penalties are mandatory, and some are at the behest of the discretion of the tax authorities.

Explore this comprehensive list of most common Income Tax penalties

Default Relevant Sections of the Act Meaning Penalty Default in Self Assessment Tax S.140A(1)

S. 221(1)

It is the tax that is to be paid before filing income tax return that is due after allowing credit for Tax Deducted at Source (TDS), advance tax, etc. along with interest and fee. As much amount as may be imposed by the Assessing Officer, after reasonable opportunity to be heard has been given. The penalty cannot exceed the amount of tax in arrears. Default in making payment of tax S. 221(1) Tax becomes payable within 30 days of service of tax demand notice -same as above- Late filing of TDS/TCS Return S. 200(3)

S. 206C(3)

S. 234E

every person liable to deduct tax at source is liable to file the statement in respect of tax deducted by him (TDS)

every person liable to collect tax at source has to furnish a statement in respect of tax collected by him (TCS)

Failure to file TDS/TCS on or before the due date will attract levy of Rs. 200/- per day until the time of failure continues, not exceeding the amount of TDS/TCS. Failure to comply with Income Tax notice S. 141(1)

S. 143(2)

S.142(2A)

S. 272A

Notice may be served to the taxpayer to

File income tax return

Produce documents relating to income tax assessment

Furnish in writing any other information

Audit or re-audit of account

Notice produced before scrutiny assessment

Shall be liable for a penalty of Rs. 10,000 for each failure Concealing income or furnishing wrong details S. 270A It is the duty of the taxpayer to furnish the correct details of his income on his tax returns. Underreporting or misreporting will be a default under the provisions of the Act. 50% of tax payable on under-reported income;

200% of tax payable on misreported income

Non-maintenance of book of accounts S. 44A

S. 271A

A taxpayer is required to duly maintain a book of accounts, documents, etc. under the provisions of the Act Liable for a penalty of Rs. 25,000 Non-maintenance of book of international transactions or specified domestic transactions S. 92D

S. 271AA

Every person entering into an international transaction or specified domestic transaction shall keep and maintain such information and documents as may be prescribed in this regard under rule 10D. The taxpayer should furnish such accounts within 30 days, on demand by the Income Tax authority Penalty will be a sum equal to 2% of the value of each international transaction or specified domestic transaction entered into by the taxpayer. Undisclosed income found in Income Tax search S. 132

S. 271 AAB

Income tax authorities can conduct a search of the premises of a taxpayer to unearth undisclosed income. If a search is initiated by the income tax department and undisclosed income is unearthed in the search, then penalty can be levied.

10% of the undisclosed income of the specified previous year if taxpayer admits the undisclosed income, substantiates the manner in which such income was derived, and on or before the specified date pays the tax, together with interest thereon and furnishes the return of income for the specified year declaring such undisclosed income.

20% of the undisclosed income of the specified previous year if the taxpayer does not admit the undisclosed income, but on or before the specified date declares such income in the return of income furnished for the specified previous year and pays the tax, together with interest thereon.

Minimum 30% and maximum 90% of the undisclosed income of the specified previous year, if it is not covered by (1) or (2) above.

Undisclosed sources S.68-69-A,B,C,D

S. 115BBE

The AO can make addition to the income if the taxpayer fails to explain the nature and source of his income Penalty at the rate of 10% of tax payable Failure to get accounts audited S. 44AB

S. 271B

The guidelines are laid down in the Act relating to when a taxpayer is supposed to get his accounts audited, and also furnish a report from a CA of the same Liable for a penalty of Rs. 1,00,000 Failure to deduct tax at source (OR) failure of company to pay Dividend Distribution Tax chapter XVII-B

S. 271C

S. 115-O

Penalty accrues if a person requires deducting tax at source, fails to pay partly or wholly Penalty shall be levied of an amount equal to tax not deducted (in case of TDS) or tax not paid (in case of dividend distribution tax). Failure to pay tax on winning of a lottery, game, etc. S. 194B

S. 271C

Any person responsible for making payment to a person winning a lottery or crossword puzzle or card game or any other game for an amount exceeding Rs.10,000 is responsible for deducting income tax while making payment of the winning amount Liable to pay penalty of an amount equal to tax not paid Failure to collect tax at source S. 206C

S. 271CA

The Act provides that certain items in respect of which tax is to be collected at source by the person receiving payment in respect of certain specified items Penalty shall be levied of an amount equal to tax not collected Accepting loans and deposits in cash S. 269SS

S. 271D

No person shall take or accept a loan or deposit a specified sum exceeding Rs. 20,000 by any mode other than account payee cheque or account payee demand draft or use of electricity clearing system through a bank account Penalty shall be levied of an amount equal to loan or deposit taken or accepted. Receipt of an amount of Rs. 2 lakh or more in cash S. 269ST

S. 271DA

-same as above-

However, not applicable to Government, any banking company, post office savings bank, co-operative bank or a person notified by the Central Government.

The penalty shall be equal to the amount of such receipt. However, the penalty shall not be levied if the person proves that there were good and sufficient reasons for such contravention. Repayment of certain loans or deposits in cash S. 269T

S. 271E

No person shall repay any loan or deposit a specified advance exceeding Rs. 20,000 by any mode other than account payee cheque or account payee demand draft in the name of the person who has made the loan or deposit or paid the specified advance or by use of electricity clearing system through a bank account. Penalty shall be a sum equal to loan or deposit a specified advance so repaid Not Filing Statement of Financial Transaction or Annual Information Return (AIR) S. 285BA(5)

S. 271FA

The Act empowers the tax authorities to issue a notice to the person directing him to file the statement within a period not exceeding 30 days from the date of service of such notice and in such a case person shall furnish the statement within the time specified in the notice. Penalty shall be levied of Rs. 100 per day of default.

If a person fails to file the statement within the specified time, then a penalty of Rs. 500 per day shall be levied from the day immediately following the day on which the time specified in such notice for furnishing the statement expires.

Filing inaccurate statement of financial transaction S. 271FAA

S. 285BA

As per the provisions of the Act, a financial institution is required to furnish accurate information on referral to furnish a statement of financial transactions The income tax authority may levy a penalty of up to Rs.50,00. Penalty for failure to file the TDS/TCS return S. 271H Any person required to file TDS/TCS should file TDS/TCS return on or before the due date prescribed Minimum penalty shall be levied of Rs. 10,000 which can go up to Rs. 1,00,000. The penalty under section 271H will be in addition to late filing fee prescribed under section 234E. Failure to cooperate with tax authorities S.272A(1) It is required upon the taxpayer to duly answer questions, sign statements, furnish details and comply to orders, notices and directions, attend office to produce evidence, etc. as and when mandated by the tax authorities. Penalty leviable is Rs. 10,000 for each failure/default. Failure to comply with provisions relating to PAN S. 139A

S. 272B

The provisions relating to PAN provided guidelines for obtaining, quoting and forms of intimation regarding PAN Penalty of such non-compliance is Rs. 10,000 Failure to comply with provisions relating to Tax Deduction Account Number (TAN)/ Tax Collection Number S. 203A

S. 272BB

Every person deducting tax at source or collecting tax at source has to obtain the Tax Deduction Account Number or Tax Collection Account Number Penalty for failure to obtain such numbers or quoting incorrect details regarding the same is Rs. 10,000

Refer this link for more details.

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juudgeblog · 7 years ago

Text

Most Common Income Tax penalties in India

In this article, Shristi Borthakur, of Symbiosis Law School, NOIDA, discusses the most common income tax penalties in India.

Individuals

Hindu United Families (HUF)

Companies and firms

Limited Liability Partnership (LLP)

Association of persons, a body of individuals

Local authority and any other artificial juridical person

Income from salary- wages, pensions, commissions, etc.

Income from other sources-savings bank account interest, fixed deposits, prize money, if any, etc.

Income from house property- from rents

Income from capital gains- shares, mutual funds, etc.

Income from a business- income from self-employed areas.

The taxpayer is supposed to file his income tax return, which is a statement of earning from various sources, before the specified date for each year, that determine the following,

Whether the taxpayer owe tax in the first place,

What is the amount of tax the taxpayer owes

Is he/she eligible for any tax refund

Explore this comprehensive list of most common Income Tax penalties

Default Relevant Sections of the Act Meaning Penalty Default in Self Assessment Tax S.140A(1)

S. 221(1)

S. 206C(3)

S. 234E

every person liable to deduct tax at source is liable to file the statement in respect of tax deducted by him (TDS)

every person liable to collect tax at source has to furnish a statement in respect of tax collected by him (TCS)

S. 143(2)

S.142(2A)

S. 272A

Notice may be served to the taxpayer to

File income tax return

Produce documents relating to income tax assessment

Furnish in writing any other information

Audit or re-audit of account

Notice produced before scrutiny assessment

200% of tax payable on misreported income

Non-maintenance of book of accounts S. 44A

S. 271A

S. 271AA

S. 271 AAB

Minimum 30% and maximum 90% of the undisclosed income of the specified previous year, if it is not covered by (1) or (2) above.

Undisclosed sources S.68-69-A,B,C,D

S. 115BBE

The AO can make addition to the income if the taxpayer fails to explain the nature and source of his income Penalty at the rate of 10% of tax payable Failure to get accounts audited S. 44AB

S. 271B

S. 271C

S. 115-O

S. 271C

S. 271CA

S. 271D

S. 271DA

-same as above-

However, not applicable to Government, any banking company, post office savings bank, co-operative bank or a person notified by the Central Government.

S. 271E

S. 271FA

Filing inaccurate statement of financial transaction S. 271FAA

S. 285BA

S. 272B

S. 272BB

Refer this link for more details.

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prahimofficials · 1 year ago

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Prahim Investments - Your Trusted Financial Advisor in Noida

Introduction: Prahim Investments - Your Trusted Financial Advisor in Noida

At Prahim Investments, we understand the importance of sound financial planning in achieving your goals and securing your future. As a trusted financial advisor in Noida, we are dedicated to providing expert guidance and personalized solutions to help you navigate the complex world of finance. Whether you are an individual, a family, or a business, we are here to assist you in making informed financial decisions and maximizing your wealth.

Why choose Prahim Investments as your financial advisor in Noida?

Experience and Expertise: With years of experience in the financial industry, our team at Prahim Investments possesses the knowledge and expertise necessary to address your unique financial needs. We stay updated with the latest market trends, investment strategies, and regulatory changes to ensure that our advice is relevant and effective.

Tailored Financial Solutions: We understand that every client is different and has specific financial goals. That's why we offer personalized financial solutions that are tailored to your individual needs and aspirations. We take the time to understand your objectives, risk tolerance, and time horizon to create a comprehensive financial plan that aligns with your goals.

Trust and Transparency: Trust is the foundation of any successful financial advisor-client relationship. At Prahim Investments, we prioritize trust and transparency in all our interactions. We believe in open and honest communication, providing you with clear explanations of our recommendations, fees, and any potential risks associated with your investments.

Services offered by Prahim Investments

Investment Planning: Our investment planning services are designed to help you grow your wealth and achieve your financial objectives. We conduct thorough research and analysis to identify the best investment options in Noida that align with your risk profile and financial goals. Whether it's stocks, bonds, mutual funds, or real estate, we provide strategic guidance to optimize your investment portfolio.

Retirement Planning: Planning for retirement is crucial to ensure a comfortable and financially secure future. Our retirement planning services focus on creating a comprehensive strategy to meet your retirement income needs. We assess your current financial situation, projected expenses, and retirement goals to develop a customized plan that maximizes your savings and minimizes tax implications.

Estate Planning: Estate planning is essential for preserving and distributing your wealth according to your wishes. We assist you in creating an estate plan that includes wills, trusts, and other appropriate legal tools. Our goal is to help you minimize estate taxes, protect your assets, and ensure a smooth transfer of wealth to future generations.

Best investment options in Noida

Noida offers a diverse range of investment opportunities. The finest investing choices to take into account are listed below:

Real Estate: Noida's real estate market has shown consistent growth over the years. Investing in residential or commercial properties can provide long-term capital appreciation and rental income.

Mutual Funds: Mutual Funds: Investing in a broad portfolio of stocks, bonds, and other assets is made simple with mutual funds. They are professionally managed, allowing you to benefit from the expertise of experienced fund managers.

Stock Market: Investing in individual stocks can yield substantial returns. However, it requires careful research, analysis, and a long-term perspective. It's essential to diversify your portfolio and seek professional advice if needed.

Best Retirement Advisor in Delhi NCR

Planning for a secure and comfortable retirement is crucial, and Delhi offers a multitude of opportunities for retirees. Here are some essential steps to consider when it comes to retirement advisor in Delhi NCR :

Define your retirement goals: Start by envisioning your ideal retirement lifestyle. Determine the type of activities you want to engage in, whether it's travel, hobbies, or spending time with family. This will help you establish a clear picture of the financial resources you'll need to support your retirement dreams.

Assess your current financial situation: Take stock of your current savings, investments, and other sources of retirement income. Evaluate your assets and liabilities to understand your net worth. Consider factors such as pensions, Social Security benefits, and any existing retirement accounts.

Determine your retirement timeline: Decide on the age at which you plan to retire. This will help you calculate the number of years you have to save and invest for your retirement. Keep in mind that starting early allows for more time to grow your savings and compound interest.

Estimate your retirement expenses: Evaluate your anticipated expenses during retirement. Consider factors such as housing, healthcare, travel, and leisure activities. It's essential to have a realistic estimate of your future expenses to ensure your retirement savings are sufficient.

Develop a retirement savings strategy: Based on your goals, timeline, and estimated expenses, create a comprehensive savings plan. Determine how much you need to save each month and explore different investment options to grow your retirement funds. Consider working with a financial advisor to optimize your savings strategy.

How to Choose the Right Financial Advisor in Noida

Selecting the right financial advisor is paramount to the success of your financial planning journey. Here are some key factors to consider when choosing a financial advisor in Noida:

Credentials and expertise: Look for financial advisors who possess relevant certifications, such as Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA). These designations indicate a high level of knowledge and expertise in the field.

Experience and track record: Consider the advisor's experience and track record in providing financial advice. Research their background, reviews, and client testimonials to gain insight into their success in helping clients achieve their financial goals.

Services offered: Assess the range of services offered by the financial advisor. Ensure that their areas of expertise align with your specific needs, whether it's investment planning, retirement planning, estate planning, or tax strategies.

Personalized approach: Look for a financial advisor who takes a personalized approach to client relationships. They should take the time to understand your financial goals, risk tolerance, and unique circumstances. Personalized advice ensures that your financial plan is tailored to your specific needs.

Fee structure and transparency: Inquire about the advisor's fee structure and how they are compensated for their services. Transparent communication regarding fees is crucial to avoid any surprises or conflicts of interest.

Conclusion: Start Your Financial Planning with Prahim Investments

When it comes to securing your financial future in Noida, Prahim Investments stands out as a trusted financial advisor. With their expertise in investment planning, retirement planning, and a commitment to personalized service, they can help you achieve your financial goals with confidence. Start your financial planning journey today by reaching out to Prahim Investments for expert guidance and a tailored approach to your financial needs. Plan for the retirement you deserve and ensure a financially secure future.

#prahiminvestments #investment #prahim #insuranceadvisor #financialservices #financialplanning

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prahimofficials · 1 year ago

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Prahim Investments - Your Trusted Financial Advisor in Noida

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prahimofficials · 2 years ago

Text

Prahim Investments - Your Trusted Financial Advisor in Noida

Why choose Prahim Investments as your financial advisor in Noida?

Services offered by Prahim Investments

Best investment options in Noida

Noida offers a diverse range of investment opportunities. The finest investing choices to take into account are listed below:

Real Estate: Noida's real estate market has shown consistent growth over the years. Investing in residential or commercial properties can provide long-term capital appreciation and rental income.

Best Retirement Advisor in Delhi NCR

How to Choose the Right Financial Advisor in Noida

Selecting the right financial advisor is paramount to the success of your financial planning journey. Here are some key factors to consider when choosing a financial advisor in Noida:

Conclusion: Start Your Financial Planning with Prahim Investments

#prahiminvestments #investment #insurance #businessinsurance #wealthmanagement

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truemindcapital · 3 years ago

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Truemind Capital is a SEBI registered company that operates within its purview. Which is not allowed to collect commission from investors. Our mission is to act and advise investors with their goals in mind.

https://truemindcapital.com/

Email: [email protected]

Phone: 9999505324

#SEBI registered #mutual funds online in delhi #mutual funds online in noida #SEBI Registered in delhi #mutual fund in delhi #tax saving mutual fund in noida #tax savings mutual fund in Delhi #Start sip in noida #start sip in delhi

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truemindcapital · 3 years ago

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Where do we stand in the equity market cycle?

Sentiments of greed, fear, and confusion are transient in the equity market. The sentiment cycles are permanent.

Most of us have come across the following chart of the sentiment cycle. For those who are uninitiated, the below chart represents the cycle of greed and fear in any asset class with varying degrees of emotions.

Sentiment cycles move from one extreme of greed to another extreme of fear which takes valuations also to extremes from their long-term averages.

At the extreme of greed sentiment (which coincides with steep valuations), the risk-reward ratio of investments is highly unfavorable i.e., lower potential upside with higher potential downside risk.

At the extreme of fear sentiment (which coincides with dirt-cheap valuations), the risk-reward is highly favorable i.e., higher potential upside with lower potential downside risk.

In this blog, I am attempting to understand where do we stand in the current market cycle.

In my previous blog on market cycles, I highlighted the following 5 observations during market peaks:

Retail participation is huge. People with very less knowledge about stocks and most risk-averse FD investors start putting money in equity markets.

Newspaper headlines scream with euphoria about new peaks achieved by markets (and prediction of higher peaks).

There is utter rejection/ridicule of thought or statement that markets can decline by more than 20%.

The majority of the stocks start trading at valuations much above their historical averages.

A melt-up rally (usually more than 50% from the lowest market level in the last one-two-year period).

Now, let us see how many observations points we are checking currently.

Observation 1

Huge Retail Participation: This is something we all have observed in our circle over the past few months. Many of our friends, colleagues, or neighbors who have always preferred FDs and safe investment options have started investing in the stock market – either directly or through mutual funds.

A lot about it has been written in news with data on the surge in new demat/trading accounts being opened in the last 1 year. Some people who were earlier in jobs have now become full-time traders.

According to the industry data, retail participation in stock market trading has gone up from 33% in FY16 to 45% in FY21.

Not just equity, a huge participation of retail can be witnessed in speculative assets like futures & options, and cryptocurrencies to name a few.

Thus, we can safely say, the first point is checked.

Observation 2

Newspaper headline scream with Euphoria: Any regular reader of the business newspapers can validate that the news of strong bull run and predictions of the market achieving further highs are quite regularly over the past few months. Here is the front page of Economic Times, 1st Sept 2021 edition.

Do I need to say more? So, this checks our second observation point.

Observation 3

Complete rejection of any thought of market correction: Relentless market run creates a recency bias in the minds of many people. They assume that the trend over the last few years will continue and any major correction in the market is a distant possibility. That’s why many investors prepare a trap for themselves as any minor correction is looked like an opportunity to invest more and overexpose the portfolio to already expensive valuations. Sometimes, what is considered to be a minor correction snowball into a major correction, and then there is nothing left on the table to take advantage of extremely cheap stock prices.

I used to hear from investors before the covid crash last year that 20% correction is not possible (and that actually didn’t happen for almost 4 years) and I am hearing the same over the past few weeks.

If one has to look at the PE ratio graph, there is an absence of volatility on the downside from long-term averages since 2016. The trend only briefly got disturbed for a few months last year. If we see the period prior to 2016, there was good enough volatility in the market around long-term averages which is how markets normally behave.

Observation 4

Extreme Overall Market Valuations: Market valuations are expensive is very common knowledge now. Though, some might not be knowing how expensive they are and others justifying the case for sustained higher valuations.

Let me share some valuation metrics to get a sense of high expensive today’s markets are.

a) Sensex is currently trading at 30x TTM (trailing twelve months) PE multiple, much above its long-term average of 19-20X. Any investments that are done in Sensex at PEs of more than 25x have delivered abysmal returns even over a 10 years horizon.

b) P/BV multiple is at the highest level in the last 13 years.

c) Indian equity market is the most expensive in the world.

d) Global Market cap to GDP ratio is at a record high. All the observations at market peaks are not just for the Indian markets but it’s a global phenomenon. The global market cap to GDP ratio is the highest in the last 20 years.

Aggressive money printing by central banks has inflated many asset classes all around the world.

Bank of America has projected negative returns over the next 10 years on US Equity Benchmark Index – S&P 500 owing to expensive valuations. You can look at the forecasted return vs actual return till 2011.

Global markets are very closely intertwined with each other. Any decline in US markets will have an impact on all the equity markets globally.

Observation 5

A melt-up rally: The Indian equity market is up 124% from its March low last year. Past two bubble bursts have been preceded by a sharp melt-up rally. How far it will go before the burst is anybody’s guess.

We are mostly checking all 5 observation points which are indicative of market peaks. The observation list is definitely not exhaustive but captures some of the most common key parameters.

Although it is very difficult to put a finger on exactly where we are in the market cycle, my best guess is we are in the zone of euphoria.

Many of us nod in affirmative to the logical sense of investing in the market cycles but most of us continue to invest and not reduce our equity exposure when markets are extremely expensive.

Why most of us do not follow the logical steps of buying low and selling high as represented by market cycles? Why do the majority of people end up investing at high market levels and exit at low market levels? Because we tend to think that emotion of greed & fear affects others and what we are doing makes perfect sense at the moment. And also, the majority of us lack the patience to implement logical investment plans with discipline. Without patience and discipline, long-term investment success is just a mirage.

Unfortunately, emotions of greed and fear of missing out (FOMO) are so strong during a relentless market rally, especially when our friends, neighbors, and strangers are sharing how they have made quick money from the stock market, that our mind starts justifying getting on the bandwagon. Our emotions possess our minds at extremes, take over our ability to think logically and we justify our actions of investing with such reasons:

– The market will not fall. Even if it does, it would be a minor correction and we will be back on the uptrend.

– I am investing for the short term and when I will sense a correction, I will exit immediately.

– This time it is different. High market valuations will sustain for a long time to come.

– I am in for the long term and not bothered by minor short-term corrections.

These are the exact reasons given to justify investing during every market peak and before every market crash.

“History does not repeat itself but it does rhyme.” Mark Twain.

Please note that when we say the markets are in a very expensive zone or closer to their peak, it doesn’t mean that it will correct sooner or it won’t get more expensive. Markets can continue to remain expensive for a long time and reach more dizzying heights. The key point is that any investments at current market valuations have very limited upside potential but very high downside risk.

And guess how many could successfully exit at the very top every time – I am yet to find that person. Perfect exit is an illusion we entertain by overestimating our abilities to time the market. Those who believe in a perfect exit, I wish them good luck.

For others, it’s important to follow a tactical asset allocation plan with utmost discipline to protect the portfolio on the downside and enjoy the upside returns.

Truemind Capital Services is a SEBI Registered Investment Management & Personal Finance Advisory platform. You can write to us at [email protected] or call us on 9999505324.

#mutual funds online in delhi #mutual funds online in noida #SEBI Registered in delhi #mutual fund in delhi #tax saving mutual fund in noida #tax savings mutual fund in Delhi #Start sip in noida

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