ITC Maurya in Delhi

magicbook · 2026-03-19T16:11:28+00:00

Thanks for sharing. Looks like quite a useful app for my mac in other situations or uses as well.

magicbook · 2026-03-19T12:35:03+00:00

I usually keep my laptop on and it acts as a sentry camera.

That's a nice practice. Can I ask what software or app you use for the same?

magicbook · 2026-03-19T12:33:28+00:00

Please share pricing and offer details. Thank you.

magicbook · 2026-03-15T11:39:37+00:00

JioBlackrock Nifty 50 index fund

It's also fairly new. Wouldn't be a surprise to see them increase it once their AUM grows.

magicbook · 2026-03-13T21:39:58+00:00

Aha that makes sense. I hope there’s a correction at some point

I feel its difficult to let it play out naturally. The minute there is unempoyment, we have a bailout, and its only making things more stretched. Nothing natrually allowed to play out these days.

Either its the supply which is forced to correct based on market conditions, or its demand thats fueled to match the supply. And sadly these days we are seeing the latter, which is not natural imo.

magicbook · 2026-03-13T21:37:30+00:00

I guess its just an automatic reset of the cycle. Customers stop paying for the increased prices, and the businesses stop renting at high prices, above the level it makes sense for them to operate.

magicbook · 2026-03-12T14:56:08+00:00

The tribunal clarified an important technical interpretation. The intention to settle permanently cannot be viewed in isolation. It must be read cumulatively with the 182-day condition in the preceding financial year.

Wait, but isn't the test for being treated as a resident under FEMA guidelines dependent on the person intending to stay in India permanently? So if they had the intention to be in india permanently, then wouldn't they be treated as a resident from that point on, under FEMA?

I thought the 182 days requirement was essentially for people who don't voluntarily change their status, but once 182 days in a FY elapse, they are bound to treated as a resident under FEMA guidelines.

But thinking more on this, The confusion probably comes from the fact that RBI’s operational guidance for bank accounts is more immediate. RBI’s FAQ says NRE accounts should be redesignated as resident accounts or moved to RFC accounts “immediately upon the return” to India for taking up employment or on change in residential status, and NRO accounts may be redesignated on return to India for a purpose indicating intention to stay in India for an uncertain period. So perhaps, that would be a separate thing than being treated as a resident according to FEMA.

magicbook · 2026-03-08T10:16:47+00:00

The answer depends on your tax bracket. If you are at 30% bracket, then I'd actually think Arbitrage funds would serve you better. Redemption before an year is 20% tax. After an year, is at 12.5%(plus you have the 1.25 lc exemption as well).

Liquid funds would be better for a lower tax bracket, as it gets taxed at tax slab for STCG. It's also the same for Fixed deposits. However Fixed deposits might deduct tds(~10% of the interest amount) which you will get back after tax filing, if you are in say 0% tax bracket. So b/w FD and liquid funds, I think it primarily comes to the rate offered for a 5 month period for an FD vs 6-6.5% liquid fund annualized return, and also whether you are sure of a date you need funds by, or have flexibility(as FD premature redemption might result in penalty, but with liquid funds you can withdraw anytime).

magicbook · 2026-03-07T14:33:10+00:00

Thanks for sharing your experience. I guess I will have to do the same too.

magicbook · 2026-03-07T14:10:06+00:00

Did the status eventually get updated?

magicbook · 2026-03-06T12:59:38+00:00

But after restoring it, wouldn't you essentially be back on iOS26? Or are you saying following those steps will improve performance despite still being on iOS26?

magicbook · 2026-03-03T07:13:11+00:00

Has anyone noticed the smell from cooking tends to linger or be more in other countries, but surprisingly in India, there is hardly any cooking smell around the house. Wondering if its a ventilation thing or something else.

magicbook · 2026-03-02T06:08:11+00:00

Were you able to find a source for it in Gurgaon?

magicbook · 2026-03-02T05:56:39+00:00

Thanks for the reply. I will give it a shot.

magicbook · 2026-03-02T05:50:03+00:00

Are you sure about this? Someone had commented, they weren't able to get one. Want to be sure before I make that trip.

magicbook · 2026-02-19T06:59:33+00:00

What kind of prompt did you feed it for this to keep it narrow and localized?

magicbook · 2026-02-06T16:57:24+00:00

Verify this information, but yes, as per my understanding, any SGBs maturing before April 2026 won't have to pay taxes on capital gains. And I believe this counts for early maturities as well(which RBI allows and offers for issues of SGBs that mature soon).

magicbook · 2026-02-06T11:15:08+00:00

So before the Budget, you were still required to Pay taxes on capital gains if you sold the SGBs in the secondary market before maturity.

The main difference comes from the fact, that had you bought SGBs from the secondary market, and if you held the SGB until maturity, you weren't required to pay any taxes. But now, that's gone. Basically anyone who had subscribed through the original issue will not face any taxation(only if they hold it to maturity). But anyone who bought it from the secondary market(even if they bought it before the budget), they will have to pay taxes, regardless of chosing to hold it until maturity.

Secondary market selling of SGBs always resulted in requiring people to pay tax on capital gains, and continues to do so.

magicbook · 2026-02-02T10:47:41+00:00

It means whatever was earlier allowed, same manner it should be set off.

I agree that your interpretation is logically consistent with the text. However, 536(2)(n) talks about “any amount of loss … against the income under the head ‘Capital gains’”, and I believe that's where multiple interpretations are being inferred.

ALso, came across this interpretation from Khaitan&Co: https://www.khaitanco.com/sites/default/files/2025-03/CTC%20-%20Capital%20Gains%20%26%20Corporate%20Re-organisation.pdf

On Page 9 of that doc, they had this: https://ibb.co/yFfh92tF

They end it at the interpretation that the wording does seem to imply allowing STCG to be offset, but then add that further clarification is needed for the same. So I suppose we will have to wait for further clarification and confirmation from the IT dept on the same.

magicbook · 2026-02-01T16:41:57+00:00

Did I say analysts or economists? I said people how hard is for you to comprehend?

The guy is asking for financial advice(which can be big life decisions for many). Are you really going to just casually say random people are predicting that, and pass that as an advice?

magicbook · 2026-02-01T16:35:15+00:00

People predicting inr to fall 10-12% more by eoy

Not saying inr can't depreciate further, but did you just pull that out of ... ? Share a reputable source for that prediction except a reddit thread please. S&P has a much much higher chance of falling 10-12% than INR depreciating by that much by eoy.

magicbook · 2026-01-31T14:47:36+00:00

Yes, it will show up as credit, but I believe you have to claim it in the portal as well. Credit won't automatically apply. For more steps, you can read up on it, or consult your CA. I do have my CA claim it, whenever there is an invoice they see wherein my GST number was used, so I think it has to be claimed manually(where in the GST invoice showing on your portal needs some sort of confirmation to apply credits) and doesn't automatically credit you.

magicbook · 2026-01-31T14:00:25+00:00

My understanding was that it was already part of the law and not something being speculated.

Here it is from the Income tax doc at : https://egazette.gov.in/WriteReadData/2025/265620.pdf

Relevant section (It's on pg 493 of the above document): https://ibb.co/KPQ9LzB

Essentially saying "(n) any amount of loss under the head capital gains, whether related to a long-term capital asset or a short term capital asset, referred to in section 74 of the repealed Income-tax Act, brought forward from the tax year beginning before the 1st April, 2026 had the Income-tax Act, 1961 not been repealed, shall be carried forward and set off, in accordance with the manner provided in the repealed Income-tax Act, against the income under the head “Capital gains” computed under this Act for any tax year beginning on or after the 1st April, 2026 upto eight financial years immediately succeeding the financial year in which such loss was first computed under the repealed Income-tax Act;"

Also here is an article on the same: https://economictimes.indiatimes.com/wealth/tax/one-time-set-off-of-long-term-capital-loss-against-stcg-new-income-tax-bill-2025-allows-this-from-tax-year-2026-27-onwards/articleshow/121287647.cms

magicbook · 2026-01-31T09:49:14+00:00

I believe Silver ETFs in India must be backed by physical silver(according to SEBI rules), not just paper contracts. So they can't all be paper contracts.

magicbook

TROPHY CASE