[ad_1] For a smallcap investor, slowly turning his hidden gem into a much-awaited largecap stock and delivering multibagger returns in between is a dream. Famous fund managers citing market data Saurabh Mukherjee It is said that most smallcaps that show early promise falter as they grow up and eventually sink into oblivion. Data collected by PMS firm marcellus Investment managers show that in the three-year run-up to entering the BSE 500 index, these potential entrants have outperformed the index at a CAGR of 36 per cent, as they move closer…
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Full understanding under 80EEA – Housing for all
[ad_1] Full understanding under 80EEA – Housing for all Budget 2019: Introduced in the 2019 Budget, Section 80EEA allows first-time home buyers to save an additional Rs 1.50 lakh per year on home loan interest expenses if they buy an ‘affordable property’. Deduction under section 80EEA exceeds Rs 2,00,000/-, which is the maximum permissible under section 24. (b). But the deduction under section 80EEA is linked to the cost of the house and is available on purchases up to Rs 45 lakh. The carpet area of a residence determines its…