Fee Only Investment Advisers LLP

SEBI registered Investment Advisory Firm (INA00014836) - Comprehensive financial planning, Tax advisory, NRI tax & remittance advisory & Investment management

[Fee Only Investment Advisers LLP @feeonlyia]

Steadiness trumps aggression in investing." A reminder that in money matters, survival beats drama. Worth a read.
#Investing #TruthBeTold @harshroongta

[Fee Only Investment Advisers LLP @feeonlyia]

Splitting FDs across banks for higher interest? Reconsider. More paperwork, mis-selling, and delays for your family if issues arise. Even insured funds may not be quick or fully recovered.

💡Smarter option? Hybrid funds.

Article Link: https://t.co/BvUgwq5zNv

#TruthBeTold #FD

[HARSH ROONGTA @harshroongta]

80 million salaried #EPFO subscribers already struggle with delays, opacity & friction.

Now the system is set to double in size — as gig workers are added without the option of NPS.

Can any govt risk alienating such a massive vote base just to protect bureaucratic turf?

Read why it’s time to offer real choice — and let competition improve both systems. My article in @bsindia

🔗 https://t.co/vM6MQ7aNJ5

#EPFO #NPS #PensionReform #GigEconomy #FinancialInclusion #PolicyMatters #India2025 @PFRDAOfficial #HarshRoongta #FeeOnlyIndia @nsitharaman @nsitharamanoffc @PMOIndia @narendramodi @socialepfo @LabourMinistry @mansukhmandviya @OfficeOf_MM @VameshC @feeonlyia @Circle_Wealth @saurabhsmittal @securingLives

[Fee Only Investment Advisers LLP @feeonlyia]

Can your passport be a tool of protest?

Indian travellers are quietly using their travel choices to express values—turning tourism into a peaceful economic message.
Link to the article: https://t.co/cAAtlJBJAw

✍️New #TruthBeTold column, #TravelWithPurpose
@harshroongta

[HARSH ROONGTA @harshroongta]

₹1.96 lakh crore is lying unclaimed—could some of it be yours?
That’s the scale of forgotten wealth—bank deposits, insurance, EPF, mutual funds & shares—scattered across India’s financial system (source: https://t.co/YV62lNWe1s). Most heirs don’t know what to claim because plain name-based search is largely disallowed. A proposed Central Unclaimed Property Authority (CUPA) could change that—overcoming regulatory resistance and finally revealing the full extent of unclaimed assets.
My #Truthbetold column in @bsindia . Article Link: https://t.co/zzmScMLGUu
#UnclaimedAssets #InvestorAwareness #CUPA #FinancialInclusion #TruthBeTold #HarshRoongta #Moneylife #IEPF #SEBI #RBI #PFRDA #EPFO #IRDA #Insurance @feeonlyia @Circle_Wealth @aria_india1 @Moneylifers @MoneylifeF @suchetadalal @FinMinIndia @nsitharaman @PMOIndia @narendramodi @sanjeevsanyal @PFRDAOfficial

[HARSH ROONGTA @harshroongta]

Imagine paying for a movie on an OTT channel but being told to wait a day before watching—just to confirm payment. Sounds absurd, right? Yet, when it comes to taxes, businesses face exactly this problem. Whether it’s #TDS or #GST input tax credit, parties often don’t get instant credit for the taxes, creating cash flow issues, costly reconciliations, and even write offs. Big players demand full payments upfront, but smaller businesses bear the brunt of delays. What if taxes could be paid directly to the government at the time of payment, with instant credit to both parties? It could transform India’s economy, boost trust in transactions, and level the playing field. There are complications and so this system must be optional? Read my article in @bsindia @feeonlyia @saurabhsmittal @aria_india1 https://t.co/CR7MorhG8O | Linked In: https://t.co/4ukgJack9P #PersonalFinance #taxreform #taxes #inputtaxcredit #tax #gst #tds #TaxReform​
#IndianEconomy​
#FinancialInnovation​
#BusinessGrowth
#DigitalIndia​
#Taxation​
#GSTIndia​
#TDSCompliance​
#InstantTaxCredit​
#FinanceRevolution​
#EaseOfDoingBusiness​
#StartupIndia​
#SMEsGrowth​
#CashFlowManagement​
#BusinessEfficiency​
#PolicyChange​
#TaxCompliance​
#EconomicGrowth​
#IndiaReforms​
#TaxSimplification

[Fee Only Investment Advisers LLP @feeonlyia]

📢 We’re Hiring!

Why Join Us?

✅ Flexible Work Hours
✅ 28 Paid Leaves
✅ Best-in-Industry Pay
✅ Great Work Environment
✅ Mentorship by Harsh Roongta

📩 Apply Now: Scan QR Code or Visit the Careers section on our website 👉 https://t.co/OrQFD1cx23

@harshroongta

[HARSH ROONGTA @harshroongta]

A friend recently found himself facing court summons for an #EPF default that happened 15 years ago—long after the problem was resolved. Another, a high-earning professional, is stuck contributing to #EPF even though he no longer wants to , losing out on better investment options.
Why? Because once you're inside the #EPFChakravyuh there's no way out. Meanwhile, #NPS offers flexibility, investment choice to employees and no criminal liabilities for employers —but employees and employers alike are denied a real choice.
Truth be told, the system needs urgent reform. But will it ever change?
📖 Read the full article (4 minute read) in @bsindia to see why the rigidity of the #EPF system affects every employer and employee and the employment generating potential of India itself. Article link-https://t.co/Sd6eztICGi Linkedin https://t.co/QhXwxJXNdf
@ActusDei @feeonlyia @saurabhsmittal @aria_india1 #epfo @socialepfo @FinMinIndia @PMOIndia @nsitharaman @narendramodi @mandaviya_in @LabourMinistry

[HARSH ROONGTA @harshroongta]

🔍 Give retirees a choice?

A retiree is forced to buy a "guaranteed" but low return annuity plan after spending their working life taking calculated risks by partly investing in equity and building a sizeable retirement corpus in NPS. This low-return "guaranteed" pension cannot beat inflation and becomes grossly inadequate in the last few years of their lives. What if they had a choice? Globally, retirees can pick variable pension payout products (PPPs). In India? No choice.

Why are retirees being treated like children who need financial babysitting? Mutual Fund investors have already understood that "Guaranteed" equals "Low returns" and have reaped the benefits from taking calculated risks through equity. It's time retirees got the same choice.
The givernment also benefits if private sector employees find Variable rate PPPs beneficial. Some of the government sector employees may also opt for the variable PPP reducing the burden on the central pool.

📖 My "Truth be told" column in @bsindia - https://t.co/oGnX5ZWH3p
@PMOIndia @FinMinIndia @narendramodi @nsitharaman
#GuaranteedReturns #Retirement #PersonalFinance #SeniorCitizen #SafeWithdrawalRate #Retiree #Annuity #Pension #UnifiedPensionScheme #NPS #NationalPensionScheme #Inflation
@feeonlyia @aria_india1 @saurabhsmittal

[HARSH ROONGTA @harshroongta]

The big bang announcement on tax breaks overshadowed other important announcements like the launch of revamped #CKYC 2.0 . That could be the #UPI moment for the financial sector as financial inclusion and access to financial products will become easier. The move to activate the moribund annuities market is much needed as the absolute number of senior citizens are quite high in the country. The new tax bill to be introduced next week promises " Nyaya" to the tax payers. Whether it actually delivers on the promise remains to be seen. My take on #Budget2025 published in the @bsindia (Business Standard) @feeonlyia @saurabhsmittal @aria_india1

[HARSH ROONGTA @harshroongta]

India's #succession process is broken. Most of us have faced issues in dealing with transfer of assets of a deceased investor. Succession remains an obstacle course across all asset classes with real estate and agricultural land being the worst even in cases where there are no disputes. #SEBI 's recent circular categorically stating that the #MutualFund or #Depositories can only ask for death certificate and #KYC documents from the #nominees apart from the standardised transmission form (and nothing else) should do much to ease the process of succession in the securities market. The government has a great opportunity to take the ease of living index up many notches by ensuring changes in laws and procedures that will make the succession process easier across the financial sector and possibly even the real estate sector. It requires no budgetary support just the will to act. Will we see action on this front soon? My article in @bsindia -https://t.co/Fwbt2boGuU @feeonlyia @aria_india1 @saurabhsmittal

[HARSH ROONGTA @harshroongta]

"FD can give better returns over a 10 year period than stock markets". That was the shocking statement that triggered this article in @bsindia more so because is true 5% of the time (95% of the time stock markets beat fixed deposits over 10 years). Clients often struggle to embrace rolling returns, which offer a clearer picture than misleading point-to-point comparisons. Mark Twain's words on 'lies, damned lies, and statistics' resonate when cherry-picking exceptional periods like the rare 10 year period where FDs beat the stock market—ignoring that 95% of the time, stocks outperform FDs. https://t.co/1xpNAxkBXx
#FDs #BankFixedDeposit #FixedDeposit #FixedDeposits #FD #Nifty50 #stockmarket #PersonalFinance #BankFD @feeonlyia @saurabhsmittal @aria_india1 #equity

[HARSH ROONGTA @harshroongta]

The New Product (earlier called #NewAssetClass ) approved by #SEBI Board is excellent for investors comfortable with high risk investments. It will also allow Long short strategies and is designed to wean investors away from #unregulated products. Whilst the #NewProduct will do that, the operational ease and tax benefits of the MF structure will most probably also result in the New Product eating into the existing Rs. 2 lakh crore #PMS market. If the fund manager is offering a choice to the investor between the two , there is no doubt the investor will choose the New Product. My article in the Business Standard. article link https://t.co/k4aXHo5lJW #PersonalFinance #investment #investments #longshort #hedgefund @saurabhsmittal @feeonlyia

[HARSH ROONGTA @harshroongta]

#Momentum funds have become the flavour of the season with their outsized "extra" returns over the already high returns provided by the stock markets over the last one year. My article in the @bsindia highlighting how they are not the absolute certainty they are made out to be. Some of the momentum indexes have illiquid stocks which will be difficult to replicate for a index provider during highly volatile markets. There is a need to take a conscious decision on the tradeoffs involved while evaluating investments in such factor funds. article link https://t.co/uWFYw8Cq2i @feeonlyia

[HARSH ROONGTA @harshroongta]

Is it a good idea for a financial plan to consider the #inheritance that is likely to be received maybe decades later? Would parents be comfortable discussing these issues with their children? In my article in @bsindia Business Standard today I write about Rekha who was able to follow her passion for starting a non-conventional business because she figured her goal for a #retirement home could be taken care of from the inheritance from her parents. She had mixed feelings about the decision as family situations and circumstances are dynamic and complex. Did she take the correct decision? Your views are most welcome. Article link here https://t.co/tV3GjcIIhd #PersonalFinance #Inheritance #FinancialIndependence #FinancialPlanning @feeonlyia @aria_india1 @saurabhsmittal

[HARSH ROONGTA @harshroongta]

The death of young CA Anna Perayil spotlights the adverse impact of incessant work pressures thrust on employees by some employers. Whilst there are laws governing working hours, rest breaks and leaves ,very few employees are even aware of such laws, let alone seek redressal under them. Most employers recognise that a healthy work life balance is great for employee productivity and create a suitable culture around it. But that’s not true for all organisations. A reiteration of the existing laws, providing easier grievance redressal and mandating a reporting structure for HR statistics would help employees gravitate away from such organisations. Many employees themselves are unsure whether an emphasis on work life balance early in their career would harm their career prospects. This is a complex but vital issue as corporate India shifts gears into a higher trajectory and your views will help shape the discussion. My article in @bsindia today. https://t.co/JWlP3SoLa0 #stress #WorkLifeBalance

[HARSH ROONGTA @harshroongta]

I had worked out a half baked stake doubling strategy to try and win a game of chance called "Lucky 7" popular in the 1980s. #F&O traders try to make "easy" money by using similar half baked strategies or algorithms promoted by brokers interested in boosting trading volumes. As a result 93% of such traders lose the money (a whopping Rs. 1,82,000 crores in last 3 years) that is mopped up by 1% of them who use well researched and thought through algorithms executed in nano seconds. My article in Business Standard why investors who ignore SEBIs warnings, do so at their own peril. Article link. https://t.co/6W5PAqNqBH #futurestrading #OptionsTrading #F&O #Lucky7 @feeonlyia @Circle_Wealth @saurabhsmittal @aria_india1

[HARSH ROONGTA @harshroongta]

Lakhs of tax payers have received notices from @IncomeTaxIndia regarding the tax payers expenses or investments being disproportionate to their taxable income for the same year - implying that the expenses or investments are from unaccounted sources. Most cases have simple explanations - the income was declared in a previous year or it is exempt income - facts already available in the tax dept database. Yet lakhs of tax payers have to duel with the tax authorities to prove their credentials. Most people emerge victorious after a long and arduous ordeal costing time and money. The tax department resources are used up in dealing with the honest tax payers & the tax evaders may escape. My article in @bsindia on why the #Incometax departments Data Analysis Package can cross tally more information and thus have more pointed search results that is more likely to net tax evaders while being bothersome for fewer honest tax payers. Article link https://t.co/noucSGHwRw #personalfinance @feeonlyia @saurabhsmittal

[HARSH ROONGTA @harshroongta]

Employees earning Rs. 15,000 pm pay "tax" @42% (the same rate as those earning more than Rs. 5 crores do). Finance minister late @arunjaitley in his budget speech for 2015 mentioned “the situation with regard to the dormant #EPFO accounts and the claim ratios of #ESIC is too well known to be repeated here. It has been remarked that both #EPF and #ESI have hostages, rather than clients. Further, the low paid worker suffers deductions greater than the better paid workers, in percentage terms.” He advocated the solutions listed in this article. These promises made a decade ago in a #budget speech on the floor of the parliament have been stonewalled by the powerful @socialepfo (EPFO) and @esichq (ESIC) establishments. Bureaucrats can justify anything as exemplified by the fictional UK bureaucrat Sir Humphrey in the BBC series “Yes Minister”. Watch him justifying continuance of a hospital with no patients but with 500 admin staff https://t.co/7X3rt0X7Pi . Will @narendramodi @PMOIndia @FinMinIndia @nsitharaman fullfil the reform promises made by @arunjaitley or will they let the Indian Sir Humphreys win? Can we expect the opposition parties to pick it up @RahulGandhi @PChidambaram_IN @AamAadmiParty @ArvindKejriwal @SanjayAzadSln @raghav_chadha Article link in @bsindia : https://t.co/ha83t3lzQg

[HARSH ROONGTA @harshroongta]

Demands for withdrawing #GST on #LifeInsurance policies and #healthpolicy have gained momentum with both the ruling and the opposition parties gunning for it. Indeed there is a case for #GSTwithdrawal on such policies provided they are for genuinely for covering "uncertainties of life" (term life policies and health insurance policies) and are available to senior citizens and those with impaired health. The #GSTexemption needs to be tightly targeted and away from investment oriented policies so that the tax break paid for by the Indian tax payers do not end up lining the pockets of the Insurance companies and Insurance agents. The #LifeInsurance industry (and their agents) have essentially pocketed the income tax breaks on investment oriented policies for decades till the breaks were whittled down (but they still exist). This should not be allowed to be repeated for the #GSTwithdrawal benefit. My article in the @bsindia link here https://t.co/sJYirgq5ZM @feeonlyia @saurabhsmittal #PersonalFinance #insurance