Anil Poste
@PosteAnil
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Personal finance writer @thefynprint
Mumbai
Joined February 2019
Hi everyone I’m exploring inbound Portfolio Management Services (PMS) based in GIFT City that accept investments from US citizens. If anyone in my network knows of such PMS providers, please DM or comment. @ActusDei @thefynprint
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I’m writing a story on offbeat, budget-friendly New Year destinations. If you travelled to Oman, Qatar, Egypt, Georgia, Uzbekistan, or Kazakhstan and can share your experience, DM or comment to connect. @ActusDei @thefynprint
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An excellent compilation by @PosteAnil with inputs from @ankurc07 of @GetBelong of GIFT City FDs & savings account rates for NRIs. To learn more about global investing, sign up for my upcoming webinar on Friday at 7 pm https://t.co/LIXQygbEXb
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How to link NPS with CAS for Kfin and CAMS users. @PosteAnil provides these amazing practical tips. If you like his work, please repost and join our personal finance community
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This form is for a community maintained by Thefynprint on personal finance.
@ActusDei For KFIN and CAMS CRA users: You can opt in for CAS statements by logging into your NPS account After logging in - go to the "statements" tab Select the "CAS" option, Provide your consent for sharing your NPS details with the depository and click "Submit".
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Roshi Jain’s HDFC AMC Journey Ends With a Strong Performance Run; by @PosteAnil in @thefynprint - Credited for delivering consistent alpha across flagship equity schemes - Schemes managed; HDFC Focused Fund, Flexi Cap Fund, Tax Saver Fund - What should an investor do when a
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Parag Parikh AMC Looks to Expand GIFT City Offerings, soon to launch passive outbound funds, Eyes NPS Entry. Read more: https://t.co/nbvv9zEGFj
@ActusDei @thefynprint
thefynprint.com
Parag Parikh Mutual Fund plans to expand offerings in GIFT City, launch outbound funds, and enter the National Pension System (NPS) space.
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What influencers DON'T tell you about PMS. 1) You are taxed on churn 2) No tax deduction on PMS fees 3) High & complex costs Why are PMSes being promoted relentlessly?
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Some personal news! I’ve joined @TheFynprint after a fulfilling stint at ET Wealth. In my new role, I'll be diving deeper into stories that simplify insurance, investing & more. Looking forward to working with @ActusDei For ideas and concerns, reach me at ira@thefynprint.com
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Have you or someone you know faced issues transferring financial assets after a family’s breadwinner passed away? We’re trying to understand these real-life struggles better, please DM or comment @ActusDei @thefynprint
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Daily life just got a bit cheaper. GST rates slashed across essentials, food, and transport from Sept 22. @thefynprint
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(1/5)@sbipensionfunds celebrates 16+yrs of excellence & trust, managing ₹5.4tn in assets. In discussion w/@ActusDei @thefynprint, our MD&CEO Mr Pranay R. Dwivedi showcased how our robust investment framework & risk-adjusted strategies keep subscribers’ interests at the forefront
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@CreativePaused @PosteAnil @livemint @thefynprint Thanks! We're still around and hope to deliver even better output at @thefynprint
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A pleasure to welcome Anil to @thefynprint. It's not easy to leave an established media organization and join a startup. But Anil's decision to join along with me is both inspiring and humbling. A superb personal-finance reporter at Mint, he will continue the good work here too.
Hey everyone! After an incredible stint at @livemint , I’m excited to start a new chapter with @thefynprint . We’ll continue bringing sharp, meaningful personal finance stories that truly impact your life. @ActusDei
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Hey everyone! After an incredible stint at @livemint , I’m excited to start a new chapter with @thefynprint . We’ll continue bringing sharp, meaningful personal finance stories that truly impact your life. @ActusDei
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If you change mutual fund distributors, the new distributor doesn't get commission for 6 months (cooling off period). AMFI wants to make it 12 months from 11th August (sorry for the typo of 25th August). Well intentioned, but can kill off the competitive spirit and ultimately
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Stamp duty paid during property purchase is part of the legal & paperwork category in our table. It is deductible against capital gains tax liability.
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When you sell a house, you can use some expenses as 'cost of acquisition' or 'cost of improvement' & reduce your taxable gains. Which ones? A compilation by @PosteAnil
https://t.co/BMOqtKTRKZ
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Clarification: GIFT city is not outside India for income tax purposes. Hence you don't need to report this in Schedule FA & Black Money Act won't apply. This fund won't be seen as a foreign asset. GIFT city is outside India only from a FEMA point of view hence fund is in USD.
India's first retail fund in GIFT city! 1) Launched by DSP MF 2) Invests in US, Europe, China etc 3) Minimum 5k USD investment 4) Tax at fund level, not investor level. So tax-free in your hands Story by @PosteAnil and me https://t.co/ImaQk7ZvUc
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Clarification: Gift city is not outside India for income tax purposes. Hence you don't need to report this in Schedule FA & Black Money Act won't apply. This fund won't be seen as a foreign asset. Gift city is outside India only from a FEMA point of view.
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India's first retail fund in GIFT city! 1) Launched by DSP MF 2) Invests in US, Europe, China etc 3) Minimum 5k USD investment 4) Tax at fund level, not investor level. So tax-free in your hands Story by @PosteAnil and me https://t.co/ImaQk7ZvUc
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