Aaditya Chhajed, CA, CFA

You may contact me in case you need to ask or tell me something. I am waiting to hear from you. Stay home! Stay safe! Thank you very much for your time! With respect, Aaditya Chhajed CA, CFA(US) All Levels Cleared, MCom E: chhajedaaditya@gmail.com M: +91-9404055222. Instagram: @chhajedaaditya  Aaditya is the founder of Aaditya Chhajed Financial Advisory Services, a Financial Planning and Wealth Management Firm. He loves helping family, friends, and, clients make better financial decisions.  He believes learning is perpetual.  He loves reading books, traveling around the world. He is a commerce postgraduate and Chartered Accountant. He has also cleared all levels of CFA(US) in the first attempt.    Disclaimer: Investors should seek the advice of their financial advisor prior to making any investment decision based on this report or for any necessary explanation of its contents. Future estimates mentioned herein are personal opinions and views of the author. ...

Time flies...but it's not too late to save tax. You can create wealth too! Paying tax on hard-earned income is painful. For the financial year ended on 31 March 2020,  if taxable income is INR 5,00,000 then no tax; if taxable income is INR 5,01,000 then tax will be INR 13,208. You still have time until the end of this month,  to reduce your taxable income by up to INR 1.5 lakh under section 80c of the Income Tax Act, in case you have not already done so. Individuals and HUFs can avail of this benefit. Tax-saving investment options include: Fixed deposits PPF - Public Provident Fund NPS- National Pension System NSC - National Savings Certificate ULIP- Unit Linked Insurance Plans ELSS Mutual Funds According to your   age,  risk profile,  and other investment objectives; we can help you to  choose investment(s) which benefit you in terms of: Greater opportunity to create wealth Less lock-in period Low tax on income from Be proactive. For the current financia...

These are exciting times. Indian Equity markets benchmark Sensex had come off from 42000 to 26000, now sharply risen to 37000. The buzz is palpable, and making a quick buck seems rather easy. We present a three-point strategy on what investors must do now. Cleanse your portfolio: Remember that sure-fire stock tip your friend told you about. The hidden gem which was supposed to be the next big story, but never quite took off as expected. Instead, it ended up as one of your worst investments. Or that trendy thematic mutual fund which your broker promised would be the ticket to your financial nirvana . But sadly, the fund failed to deliver on the return front and your broker failed to return your calls when quizzed about its performance. Now is the time to cleanse your portfolio of such investments. Rising markets provide the perfect opportunity to make up for incorrect investment decisions, and that too at a profit.  It is important that your investment portfolio is only made of aven...