Author Topic: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी (Read 5578 times)

एम.एस. मेहता /M S Mehta · « **on:** January 28, 2010, 02:54:24 PM »

Dosto,

It is matter of pride for merapahad portal that Mr Pankaj Mathpal, Certified Financial Planner and Columnist like Economic Times, Outlook etc has joined merapahad Portal who will be answering your finance related queries here. Mr Mathpal ji basically belongs to Syalde area of Almora Distt and settled in Mumbai.

So it is a great opportunity for all of us to get answer of our finance related queries. We are sure that you will spread this message and will avail the free constancy being provided by Mr Mathpal.

You can leave your queries here and Pankaj ji will be answering them regularly.

About Mathpal JI.

Pankaj Mathpal is a CERTIFIED FINANCIAL PLANNERCM focused on comprehensive Financial Planning and Tax & Estate Planning issues for private clients. He has earned the CFPCM designation from the Financial Planning Standard Board, India

CFPCM certification is the highest professional designation that can be given to a financial planner. It is the most prestigious and internationally accepted qualification, recognized and respected by the global financial community, rated as Gold Standard by Wall Street Journal.

He lectures frequently on topics such as Retirement Planning, Human Life Value and Insurance Planning, investment planning, planning for children education and Marriage, tax efficient income generation, Tax Planning & estate planning.

Pankaj Mathpal has passion for working with people to ensure that their financial strategy suits their life and goals.

Pankaj Mathpal is also a consultant at Financial Planning Standards Board India. Apart from encouraging student to enroll for CFPCM certification program he also trains and guides them in preparing for their exams.

www.pankajmathpal.com/articles.html

Pankaj Mathpal on CNBC Awaj

PANKAJ MATHPAL- CERTIFIED FINANCIAL PLANNER, CNBC AWAAZ, YOUR MONEY SHOW, JUNE 15, 2010

News Cutting of Economic Times.

Second. cutting

Regards,

M S Mehta

P S : Special Thanks to Mr Rajneesh Agnihorti, our Senior Member, for introducing Pankaj with Merapahad portal.

Ravinder Rawat · « **Reply #1 on:** January 28, 2010, 03:41:21 PM »

Gr8 to hear...

Hope more & more people take advantage of it... and surely it will help me to acquire more knowledge in Finance and Tax...
Thnx..

pankajmathpal · « **Reply #2 on:** January 28, 2010, 10:56:32 PM »

I am grateful to Mr. Rajneesh Agnihotri and Mr. M.S.Mehta for giving me an opportunity to be a part of this esteemed group.

I request all members to post their quarries related to their personal finance. I shall be happy to address the same.

Ravinder Rawat · « **Reply #3 on:** January 29, 2010, 10:29:58 AM »

Mathpal Ji,
Sadar Namaskar
In Current the Tax deduction U/S 80C of Income Tax Act 1962 is Rs 100,000.
My question is that how should we utilise it to maximise and to create our fund.
How the portfolio should be created comprising of PF, ULIP, ELIP, NSS, NSC, KVP etc?
Thanks.

Ravinder Rawat · « **Reply #4 on:** January 29, 2010, 10:36:33 AM »

Mathpal Ji,
Please share some techniques/ points to be used to analyse any stock(share) in order to purchase any stock in market or IPO.

पंकज सिंह महर · « **Reply #5 on:** January 29, 2010, 10:46:36 AM »

मठपाल जी जैसे विद्वान व्यक्ति का मेरा पहाड़ परिवार में स्वागत है। आशा है कि मठपाल जी सभी सदस्यों की जिज्ञासाओं का समुचित समाधान करेंगे।

Rajen · « **Reply #6 on:** January 29, 2010, 11:31:28 AM »

A Warm Welcome to Pankaj Mathpal ji and thanks to Rajneesh jee for introducing Mathpal jee to us. Hope 'merapahad' members will take advantage of the vast knowledge of Mathpal jee.

pankajmathpal · « **Reply #7 on:** January 29, 2010, 11:58:59 AM »

Dear Ravinder,

There are two methods to analyse the stock. One is fundamental and another is technical.

Some of the techniques to analyse a stock fundamentally would be to look at the price to book ratio, intrinsic value, quick ratio, EPS, CEPS. Also see whether the future earnings are discounted or not.

In technical analysis you should see the market trend, price in relation to the short term average, Check whether the share is in overbought or oversold position and the support & resistance levels.

Ravinder Rawat · « **Reply #8 on:** January 29, 2010, 12:35:02 PM »

Thnx 4 answer.
What is this Support & resistence level and stop loss?

Quote from: pankajmathpal on January 29, 2010, 11:58:59 AM

Dear Ravinder,

There are two methods to analyse the stock. One is fundamental and another is technical.

Some of the techniques to analyse a stock fundamentally would be to look at the price to book ratio, intrinsic value, quick ratio, EPS, CEPS. Also see whether the future earnings are discounted or not.

In technical analysis you should see the market trend, price in relation to the short term average, Check whether the share is in overbought or oversold position and the support & resistance levels.

एम.एस. मेहता /M S Mehta · « **Reply #9 on:** January 29, 2010, 04:50:49 PM »

Pankaj Ji , Thanks.

I have a few queries:
==============

a) If someone is giving a House in Gift to somebody, will it be taxable or Tax free ?

b) I would like to know about the Capital Gain Term?

pankajmathpal · « **Reply #10 on:** January 29, 2010, 06:11:40 PM »

Dear Ravinder,

I advise you to invest in PPF and ELSS.
ULIP is not a product of my choice due to high cost, less flexibility and transparency. Interest earned on NSC is taxable and KVP is not eligible for deduction u/s 80c of IT Act.

एम.एस. मेहता /M S Mehta · « **Reply #11 on:** January 29, 2010, 08:54:43 PM »

Some of the Queries replied by Mr Pankaj Mathpal on Economic Times are:

==================================================

QUERY CORNER
Q & A

Question : You had suggested that I should invest in largecap mutual funds. Can you name some of them NANDAKISHORE K VEERA

Answer : I advise you to start an SIP in HDFC Top 200 Fund, Birla Sun Life Front Line Equity Fund and Reliance Regular Saving Fund-Equity Plan. This will be a good start.

Question by : KV SIVASANKARAN

I am working with a private company and have a cumulative work experience of 36 years. Though the retirement age in the present company is 58 years, which was on February 5, 2008, I am still continuing, and PF is deducted every month. What is the age limit to start getting pension and how is it fixed KV SIVASANKARAN

Answer :

An employee ceases to be a member of Employees Pension fund on attaining the age of 58. The amount of pension is computed in accordance with pensionable salary multiplied by pensionable service and divide the result by 70. Pensionable salary means the average monthly pay during the contributory period of service in the span of 12 months. This would be preceding the date of exit from the membership of Employees Pension Fund.

Question : By Chetan Kumar

I am 23 years old and want to invest Rs 1.5 lakh and create a diversified portfolio. Whats your advice CHETAN KUMAR

Answer :

I advise you to buy a health insurance policy and invest your money in a welldiversified portfolio of equity mutual fund for a horizon of 5 years or more. Choose to invest in a staggered manner either through the SIP and STP route instead of investing a lumpsum amount.

Questoin : Jaspreet Singh :

I want to know
whether
investing in ULIPs is better than investing in mutual funds. Which has higher returns for a 10-year time horizon
JASPREET SINGH

Answer :

Ideally, ULIP and
mutual fund
should not be compared with each other. ULIP is primarily an insurance plan with an added investment component, whereas mutual fund is purely an investment product. I advise you to invest in diversified mutual fund schemes because of transparency, flexibility and cost-effectiveness .

Question : Vikesh Bhatt

My monthly
salary is Rs
39,000, which includes HRA of Rs 6,500 monthly. I have invested in an LIC policy and pay a premium of Rs 9,550 every quarter. Since November, my tax deduction is coming to Rs 4,327. Kindly advise me on investments
VIKESH BHATT

Answer : The maximum eligible limit of

Investment U/S 80C is Rs 1,00,000. You are already paying a premium of Rs 38,200 towards your LIC Policy which is eligible for deduction U/S 80C of the I-T Act. Invest the balance Rs 61,800 in equity-linked saving schemes of mutual fund before March 31, 2010, to get the maximum possible tax benefit in FY09-10 . Also, buy a health insurance plan for you, your family and your parents to get benefit U/S 80D.

Source : http://lite.epaper.timesofindia.com/getpage.aspx?

Anubhav / अनुभव उपाध्याय · « **Reply #12 on:** January 30, 2010, 05:38:46 AM »

Welcome Mathpal ji to Mera Pahad parivaar.

Devbhoomi,Uttarakhand · « **Reply #13 on:** January 30, 2010, 06:39:37 AM »

MATHPAL JI MERA PAHAD PARIWAR MAIN APKA HARDIK SWAAGAT HAI !
MERA PAHAD PARIWAR KO AAP JAISE MAHAN BYKTI KI AAWSYAKTA THI,THANKS FOR JOING MERA PAHAD

pankajmathpal · « **Reply #14 on:** January 30, 2010, 06:29:42 PM »

Hi Ravinder,

Stop loss is a target set to sell or buy (In case you have short position) the stock when it hits the target. Stop loss limits the investor’s loss.

Support is the price level where the particular stock had difficulty falling below that level historically.

Resistance level is where stock has difficulty to exceed that price for some time.

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Author Topic: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी (Read 5578 times)

एम.एस. मेहता /M S Mehta

Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी

Ravinder Rawat

Re: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी

pankajmathpal

Re: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी

Ravinder Rawat

Re: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी

Ravinder Rawat

Re: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी

पंकज सिंह महर

Re: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी

Rajen

Re: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी

pankajmathpal

Re: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी

Ravinder Rawat

Re: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी

एम.एस. मेहता /M S Mehta

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pankajmathpal

Re: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी

एम.एस. मेहता /M S Mehta

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Anubhav / अनुभव उपाध्याय

Re: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी

Devbhoomi,Uttarakhand

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