CA

Equity, Personal Finance and Tax Planning - Empowering smarter money moves | CA providing guidance on investing, taxes & wealth building

[ST_PYI @ST_PYI]

Keep your head down and keep following your process.

Unless you do F&O, you have nothing to worry.

Despite our System, companies have delivered staggering returns since 2000 for shareholders.

This won't end. Our Entrepreneurs will sail through every thing. Just give them some time.

Choose stocks wisely and give your stocks time as well. 2-3 years of tough market environment has always been the norm in India.

You hear so much noise about this as majority of accounts have opened in the 2021 - 2023 (smooth trending) phase.

New age businesses, IPO's is where you must maintain your focus.

Do your homework, keep adding stocks to watchlists.

[CA @SmartCAwealth]

https://t.co/60I2Em8Wyd

https://t.co/QnK0uLDy4j

[CA @SmartCAwealth]

UP Govt proposed removal of height restrictions in Noida will let developers build as high as they want. The draft also includes removal of ground coverage caps, increasing FAR, easing setback & parking norms etc.
Stocks on watch #GodrejProperties #LodhaGroup #AjmeraRealty #DLF

[CA @SmartCAwealth]

However, there’s still a mountain of unsold inventory across the housing sector which needs to be factored in. Whether this change will rerate realty stocks positively or just add more pressure, only time will tell.

#UP #Noida #RealEstate #investing

[CA @SmartCAwealth]

#INCOMETAXPORTAL #IncomeTax #CA #India

[CA @SmartCAwealth]

Even with portal breakdowns and ticking deadlines, CAs keep pushing through. It’s more than compliance—it’s commitment. Respect the grind, be proud of the profession.

#IncomeTax #ITR #CA #CBDT #ICAI #ITR2025

https://t.co/c4baLTaISB

[CA @SmartCAwealth]

The system is supposed to work for taxpayers, not the other way around. Portal glitches, loading errors, and frozen forms are testing everyone. Authorities, do the right thing: extend the deadline already.

https://t.co/O8sDNkfvps

#IncomeTax #ITRDeadline2025 #INCOMETAXPORTAL

[CA @SmartCAwealth]

John from the Singapore trading desk is gearing up for a Saturday trading session at the office. Ready to make moves and conquer the markets! 🤣🤣🤣🤣 #JaishreeRam #trading #NSE #BSE #India #AyodhaRamMandir #NarendraModi #FunFriday #ModiHaiToMumkinHai 🙏🙏

[CNBC-TV18 @CNBCTV18Live]

#NewsFlash | Stock market will work full day on Saturday, January 20 from 9 am to 3:30 pm. Stock market will be shut on Monday, January 22, says NSE

[CA @SmartCAwealth]

Jio Financial Services Q3 FY24 Business Update:
- New Leadership Appointments & Strategic Pivot: Emphasis on Supply Chain Financing & Leasing Business
#JioResults #JFS #Reliance #Nifty #quaterlyresults

https://t.co/axSotNiS0p

[CA @SmartCAwealth]

Effective April 1, 2024, Banks and NBFCs are prohibited from charging 'penal interest' for defaults. The interest rate agreed upon at the time of the loan contract remains unchanged. For detailed information, refer to the RBI's update. #banks #india #RBI #NiftyBank

[Deepak Shenoy @deepakshenoy]

So: Banks and NBFCs cannot charge "penal interest" (a higher interest rate if you default) from April 1, 2024. Only a fixed penalty on which further interest cannot be charged (only the core outstanding balance, not counting penal charges, can see compound interest)

Essentially, the rate of interest at the time of the loan contract will continue to apply. No "higher" interest rate if you default.

Also, the quantum of these charges has to be specified at the time of loan. Means, even a digitally procured loan will have to have specific numbers on how much will be charged for defaults etc.

And if the account turns NPA, after some time, such penal charges should be reversed for accounting, where charged already and not collected. (If they are able to collect it later it's just a "recovery" and becomes income then)

Interestingly, this applies to securitised portfolios also, so you can't increase the rate of interest if there is a higher default rate in a securitization than expected.

This has been expected for a while, and hopefully will create a less onerous customer experience. More here: https://t.co/f7heWYnaqp

(I know this is complex. Simple funda: bank cannot increase interest rate just because you defaulted. They can charge you a fixed fee, which doesn't compound if you don't pay it. )

[CA @SmartCAwealth]

Smart strategy for IT companies: Rather than committing to high growth projections, opt for a conservative approach. Surpass expectations with steady over-delivery, and witness a positive market reassessment. #infosys #wipro #TCS #Growth #India #Nifty

[CA @SmartCAwealth]

Tata Consumer has acquired Chings and Organic India. An exciting move that enhances their portfolio. If you're considering investments, it's worth taking a look at Tata Consumer stock. 📈 #TataConsumer #investing https://t.co/31Sgmzlfte

[CA @SmartCAwealth]

Be on your path to financial freedom by living wisely, saving smartly, and making strategic investments. Forget the idea of getting rich quickly; success often takes time. Patience is crucial, as quick wealth creation is very rare. #WealthCreation #FinancialFreedom #NSE #equity

[CA @SmartCAwealth]

Big news! 🚄 India's first bullet train is scheduled to launch in 2026, connecting Surat and Bilimora. This marks a continued growth opportunity in the railways sector for long-term investors looking for sustained growth over the next decade. #Railways #IRCTC #India

[CA @SmartCAwealth]

Get ready for the fun Kite Festival in Gujarat tomorrow! 🪁 Let's fly high, enjoy the colorful kites, and have a blast in the sky! #Gujarat
#KiteFestival #Uttarayan