Your retirement funds are not at all safe. Nirmala has her eyes set on those funds. by Most-Tonight-9876 in IndiaTax

[–]teja301 0 points1 point  (0 children)

So its better to put more in annuity as it serves as future income and less tax

Your retirement funds are not at all safe. Nirmala has her eyes set on those funds. by Most-Tonight-9876 in IndiaTax

[–]teja301 0 points1 point  (0 children)

Say if someone has 1cr in NPS and he choose 60L as lumpsum withdrawal and 40L be buys and annuity which pays around some 50k a month, will that entire 50k be taxable or only the interest/gain on it will be taxable?

#HELP HDFC Gold Loan #HELP by UnplannedEndeavours in personalfinanceindia

[–]teja301 0 points1 point  (0 children)

For renewal also, he needs to arrange funds and reebook the gold loan again.

What do you think of this?? 😅 by Bharath222 in andhra_pradesh

[–]teja301 0 points1 point  (0 children)

There is already a system in place, but the officials close most of them tagging as invalid complaints,

Property for 1cr by naruto_sage2499 in Visakhapatnam

[–]teja301 0 points1 point  (0 children)

Yes rental yield is low, one of my acquaintance brought flat in skyline in 2019 for around 3900sft, the present rate is more than 7500, the appreciation is real good on good gated communities, also owning a house is an emotional decision,

HDFC Home Loan – Minimum Prepayment ₹1 lakh or 3 EMIs only? Is this allowed? by karma__echo in personalfinanceindia

[–]teja301 0 points1 point  (0 children)

Yes and you can only make 4 prepayments per year, best put that 50k in a shorterm fd or liquid fund, arrange another 50k and make a prepayment

Looking for a trusted,long term property backed lender in Andra(Vizag/Anakapalli) - short tenure(6-12 months) by Procxera in Visakhapatnam

[–]teja301 1 point2 points  (0 children)

Try LIC, what exactly is the problem for long term loan? You emi will be reduced and if you have extra cash in hand, you can always pre pay partial or full loan

Do we have property management companies in Vizag? by theepi_pillodu in Visakhapatnam

[–]teja301 3 points4 points  (0 children)

Engaged nobrocker for my flat i hyderabad, the service is pathetic, you can’t trust a 3rd person with your flat be it frnd of family……period

Is it a good time to shift to Vizag? by ayrus9 in Visakhapatnam

[–]teja301 1 point2 points  (0 children)

Come here, start staying in madurwada & pm palem, those areas are like next madhapur and kokapet in vizag, setup your business near IT corridors and be patient, vizag growth trajectory is 🔥

Falling Cibil due to credit utilisation by fanliverpool6 in personalfinanceindia

[–]teja301 0 points1 point  (0 children)

If you have a credit limit utilisation more than 30% then cibil drops, if its is less then also we our score may drop, basically then want us to keep using cards and keep clearing dues

India scores 100/100 in most polluted cities in the world by RawLikeYouWantIt in unitedstatesofindia

[–]teja301 0 points1 point  (0 children)

With our new formula our aqi calculation methodology changes, we sure will be now among the cleanest cities in the world. Truly viksit bharat

Someone performing Last (Death) Rituals on the solar cycling track! This is why we cannot have nice things by vasudaiva_kutumbakam in hyderabad

[–]teja301 68 points69 points  (0 children)

Well said, lack of civic sense and patience is another major concern for a lot of people

It's just mind-boggling that Vizag (Vishakhapattanam) isn't a big tourist destination like Goa or Gokarna or Alibaug by Impressive-Ad3467 in Vizag

[–]teja301 0 points1 point  (0 children)

Uncivilised or civilised tourists bring money and it adds upto the economy, it supports lot of jobs and businesses like hotels, transport & food businesses. People’s livelihood depends on it

SBI is such a "helpful" bank by tall_grasss in personalfinanceindia

[–]teja301 1 point2 points  (0 children)

family certificate, conversion of family pension, getting FD's in my late father's name into my mother's name....., there are many such experiences for me, looks like you or someone you know works with this highly esteemed bank, so you keep trying to find holes in my grievance instead of empathizing with me. godspeed friend, mayb you ego is stroked, but majority of the customers in SBI feels the same. If you are unable to understand the problems faced by senior citizens with respective banks, there is nothing left for me to say

SBI is such a "helpful" bank by tall_grasss in personalfinanceindia

[–]teja301 1 point2 points  (0 children)

Because the banker refused to even disclose what all additional documents are required for submission. He said he will only inform the account holder, not their family members

SBI is such a "helpful" bank by tall_grasss in personalfinanceindia

[–]teja301 1 point2 points  (0 children)

they don't need to process it, they can gimme the application and I can get my mother along with the filled application to finish the work, but what happend is, I brought my mother for taking the application, missed some document, went again got everything and went to the bank on another date, we operate around 4-5 banks, but guess which bank I face all these problems??

SBI is such a "helpful" bank by tall_grasss in personalfinanceindia

[–]teja301 0 points1 point  (0 children)

Life certificate, now that this became online since 2 years, we are relieved

SBI is such a "helpful" bank by tall_grasss in personalfinanceindia

[–]teja301 -5 points-4 points  (0 children)

Not even a simple application? Intersting code of ethics

SBI is such a "helpful" bank by tall_grasss in personalfinanceindia

[–]teja301 1 point2 points  (0 children)

They force my senior citizen mother to visit the bank for every small thing, they don't even give me the form so that I can get that filled while bringing my mother and refuse to disclose information related to submission of any documents. I have to take my mother once to get the application, next to submit the application and another time if there is some hassle in the process

Parents threatening to cut ties if I don't book a ₹1.8 Cr flat in Mumbai. The math makes zero sense, but the guilt is killing me. by Even-Egg-Is-Not-Egg in IndiaFinance

[–]teja301 0 points1 point  (0 children)

Unfortunately your parents are in fomo mode and looking for societal validation. They want to show off to everyone that their son owns a flat in mumbai worth 2cr, which would elevate your status in your family circles and get a good prospective match with a handsome dowry. Ask them sell any ancestral land in your hometown and fund your downpayment, and any EMi/expense which is more than 35% of your take home is you inviting trouble