Queries

R M D BHUINYA rmdbhuinya@rediffmail.com Which is the best Systematic Withdrawal Plan (SWP) for retired people? You can look at investing in short-term debt funds or low-duration funds for your SWP requirements falling within the next three years. Also, invest some surplus in equity hybrid funds for SWP with a long-term horizon to get some appreciation. The percentage allocation to these two categories will depend on your risk appetite. We suggest you get in touch with a certified financial planner, who is also a Sebi registered mutual fund distributor or a registered investment advisor for more detailed analysis and suggestions. Suhel Chander, Certified Financial Planner, CM Handholding Financials Anupam Mitra Is gratuity taxable on superannuation? Gratuity is considered as your retirement benefit and is tax exempted subject to certain conditions of the Income Tax Act. For the intent...