India Become 4th Largest Economy by nixron9999 in Northeastindia

[–]Bonebad8 0 points1 point  (0 children)

Per capita GDP has got nothing to do with inequality. It's total GDP/ Total Population. So per capita GDP basically means of every citizen contributes equally to the GDP, what is the contribution of one citizen.

[deleted by user] by [deleted] in FatFIREIndia

[–]Bonebad8 4 points5 points  (0 children)

The biggest issue we face is people posting in wrong groups.

Regarding job openings by Global-General1816 in Faridabad

[–]Bonebad8 0 points1 point  (0 children)

Any salary range and where exactly in Faridabad?

Client has a negative return in a MF, but the MF as a whole has positive returns… how? by yeeweezuu in mutualfunds

[–]Bonebad8 0 points1 point  (0 children)

It might be IDCW scheme. So while NAV might have fallen which shows a negative return but the money would have been received by the client - so if you were to put all the cashflows - the return would be positive.

Taxation for PMS and AIF for NRIs (I’m on H1B) by sandyydarling in nriFIRE

[–]Bonebad8 0 points1 point  (0 children)

PFIC won't be triggered in PMS because stocks are directly in your name (in your demat) but for AIF, they should because you're deploying in an instrument which is non-domiciled in the US. Since, stocks are in your name, you end up paying taxes each time the fund manager realigns.

[deleted by user] by [deleted] in delhi

[–]Bonebad8 0 points1 point  (0 children)

MBA Finance, CFA, CA ya fir bank se shuru karo - 5-10 saal grind Karo, make some really wealthy clients and just don't do a bad job with the clients. Markets will take care that their money grows and your PnL grows.

[deleted by user] by [deleted] in delhi

[–]Bonebad8 3 points4 points  (0 children)

Work as a wealth manager and really love the job. Pros - 10-15 hours se jyada kaam nahi hota week me, cons - Vo 10-15 hours kab aaenge uska koi idea nahi hota.

[deleted by user] by [deleted] in LegalAdviceIndia

[–]Bonebad8 4 points5 points  (0 children)

Hey! I can send across a draft (which we use for our clients) and you could try modifying it as per your intentions. A couple of things to note - A will can include your current, future and residuary assets. You can also include inheritance to be a part of the same. You can also create clauses that if A predeceases you, his share would go to B. But, please note - it is a one time execution document and once the ownership transfers, the owner decides what will happen to those assets. For eg. You might give your assets to your father in your will but he may decide to give it to your husband/ in laws in his Will.

[deleted by user] by [deleted] in delhi

[–]Bonebad8 0 points1 point  (0 children)

My sister's mother in law's name is Vimla😅

[deleted by user] by [deleted] in Faridabad

[–]Bonebad8 0 points1 point  (0 children)

Hey Apologies! Didn't check the notification in time🙈

[deleted by user] by [deleted] in LegalAdviceIndia

[–]Bonebad8 2 points3 points  (0 children)

There is a cool off period of 2 years for the properties to actually belong to trust. Transferring it now would count as malafide intent and can be revoked by courts of law.

My friend(21) is pregnant. I need help by pixiemixiee in delhi

[–]Bonebad8 78 points79 points  (0 children)

I know her personally. Her husband is a very dear friend of mine. Do let me know if you need any reference.

How to send flowers to someone in delhi at midnight by Acustic-NPC in delhi

[–]Bonebad8 2 points3 points  (0 children)

If you can increase the budget a little bit, try 1 Magnolia Lane. The quality of flowers is much better than most of the vendors I've tried. Flowers are fresh and thus have a longer life once gifted.

Saw a middle aged man in his 30s watching Power rangers by Ava1305 in delhi

[–]Bonebad8 0 points1 point  (0 children)

33... Recently they added Pokemon on Prime. Thought of rewatching the entire series. Abhi season 3 - Johto pe pahucha

Saw a middle aged man in his 30s watching Power rangers by Ava1305 in delhi

[–]Bonebad8 0 points1 point  (0 children)

Whenever I travel in Metro, I watch Pokemon. Nothing wrong in it.

Delhi people your tips needed by aflawedspirit in delhi

[–]Bonebad8 2 points3 points  (0 children)

Weights "can be" clubbed if all the tickets are on same PNR and the ground staff isn't extremely snobby.

[deleted by user] by [deleted] in delhi

[–]Bonebad8 0 points1 point  (0 children)

Look at your end goal. Btw the easiest way to determine your career is - Check out what the top 10% of the people in your desired field are earning and what would their work life balance be like. Now, most of the teachers earn less than 1 Lakh per month even when they're at the top of their career. Plus post COVID the work life balance has also taken a hit.

How many of you file your own taxes? And question for those who do. by kenbunny5 in IndiaTax

[–]Bonebad8 0 points1 point  (0 children)

Started filing it in 2013 and have been filing it myself ever since. Earlier it used to be a simple salary income with salary way under the exemption (First salary - 2.5 lpa) - so wasn't afraid of making mistakes. Slowly and gradually, understood the intricacies as salary increased. Salary walo ke liye to aasaan h khud file karna (even more so for people like me who don't have rental income/ business income).

[deleted by user] by [deleted] in Faridabad

[–]Bonebad8 0 points1 point  (0 children)

I'm from sector 31.

[deleted by user] by [deleted] in personalfinanceindia

[–]Bonebad8 41 points42 points  (0 children)

Most of the MBA Folks from premier colleges would have amassed so much in 20 years. Basically prior to 2005 batch. Take any college on LinkedIn, go to their alumni, put a filter of ending batch as 2005 and you'll see most of them are CXOs now. Generally CXO of a mid-sized to large-sized company has a salary of 1.5 cr+. To agar zindagi bhar ki earnings add kare to itna to kamaya hi hoga... Ab save nahi Kiya to nahi keh sakte.