Investment Archives - Capitalworx

SEBI Cracks Down on Finfluencers with New Regulations

The Securities and Exchange Board of India (SEBI) has proposed new regulations for finfluencers, individuals who provide financial advice or recommendations on social media platforms. The proposed regulations would prohibit finfluencers from receiving any compensation from the products or services they promote, and they would also require finfluencers to disclose their financial interests and any conflicts of interest. The regulations are being proposed to protect investors from the risks of unregulated financial advice

New Tax Rules for Life Insurance Policies with Premiums Exceeding Rs 5 Lakh

The Central Board of Direct Taxes (CBDT) has introduced new tax rules for life insurance policies with premiums exceeding Rs 5 lakh. Under the new rules, sums received from such policies will no longer be exempt from tax, starting from the assessment year 2024-25. This means that policyholders will have to pay tax on the entire amount received, including the sum assured and any bonuses. The new rules apply to all life insurance policies, except unit-linked insurance policies.

Here are some of the key points to note about the new tax rules:

The new rules will only apply to sums received after the assessment year 2024-25.
The new rules do not apply to unit-linked insurance policies.
The new rules will not apply to policies taken for the benefit of a dependent.
Policyholders who have life insurance policies with premiums exceeding Rs 5 lakh should review their policies in light of the new tax rules. If they are concerned about the tax implications, they should consult with a financial advisor.

Mutual Funds for Long-Term Wealth Creation: A Beginner’s Guide

Learn the basics of investing in mutual funds for long-term wealth creation. Discover the advantages of mutual funds, how to choose the right fund, invest through SIP, and monitor your investments. Read on for a beginner’s guide to mutual funds and start your investment journey today.

First Salary? Now Take 5 Solid Steps to Stable Finances

The secret to stable finances is to manage money in such a way that it creates wealth.
This is what we are going to outline here. Watch out for the surprise at the very end.
This could be life changing for you.

How to Become an Entrepreneur without Building your own Business

How would you feel if I showed you a way to become an entrepreneur without actually building your own business?” – without going through the grind, without getting your hands dirty, without leaving the comfort of your present jobs,….

Investing in an Insurance Plan – 3 Major Pitfalls

Financial planners have been crying themselves hoarse about the wisdom of buying a pure term insurance plan and not investing in an insurance plan. The dual advantage of cheap risk cover and earning much more on your investments can’t be ignored at all.