December 22, 2024
Fixed Assets

New 401(k) rules allow you to withdrawal cash from retirement fund

401k, IRA: How to choose a retirement plan that’s best for you There are many different retirement savings plans – traditional IRA, Roth IRA, 401k. Here’s how to choose the one that will help you reach your goals. Need $1,000 to cover an unexpected expense? Starting this year, you may be able to withdraw the

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Operating Assets

Impact of new capital gains taxes on PMS investments of UHNI investors

The Union Budget for 2024-25 increased the short-term capital gains (STCG) tax rate from 15% to 20% and the long-term capital gains (LTCG) tax rate from 10% to 12.5%. This widening of the tax gap from 5% to 7.5% has sparked considerable discussion about the challenges it poses for PMS strategies, especially those with high

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