Art of Financial Planning

11/08/2024

2.24Cr Indians paid Rs.10.44Lakh-Cr in Income Tax. Can the govt. at least pay Rs.10K/person for the Health Insurance of 2.24Cr tax-payers, costing only Rs.22400Cr i.e. 2% of the tax collected? This Social Security can in turn help in 2-ways:

1️⃣ As an individual buyer of Health Insurance,

▫ One gets a Cover of only Rs.5Lacs in Rs.10,000/year.
▫ The govt., as a Group Buyer, can negotiate better terms for all starting with
▫ Rs.15-25Lacs Cover in Rs.10,000.

2️⃣ It'd create a WIN-WIN by providing a sense of security to the tax payers and keeping them interested in nation building while hustling in today's 12-14hours a day work environment.

I'm not saying that this much Social Security is enough but at least this much should be provided making an individual tax payer stop worrying in at least 1 department of his or her life.

26/02/2021

How does gold react generally in such times?

Now if the FII’s start selling the Indian equity & take back their monies, $ will increase (exactly like it decreased when FIIs came in with their investments).

The increase means from $1 – 72 becoming $1 - 75

India imports gold in $. So when gold trades at $1800, we have to pay 1800*72 = 1,29,600 to import right now.

But if $ goes up to $1 – 75, the same gold will cost $1800*75 = 1,35,000

Logically, if the commodity becomes expensive from 1,29,600 to 1,35,000, demand falls and hence the commodity is expected to fall in the near term.

So, if yield increases, equity falls, $ increases & gold falls.

This is how generally markets behave in the near term. Please don’t use this as investment advice; this is only for education purpose :)

12/02/2021

03/02/2021

Tata Group Stocks......