FI ( Corpus ) Discussion

[mcdowl_murthy]

Have been doing some financial planning as I plan to move to India.

Effectively you can generate a tax free income ( Include you and your wife ) of 24 Lakhs per annum with 2.8 crores or ( ~300k USD ). I feel thats more than enough for a family if you dont have school going kids and have a paid of home. 

Rest you can invest in equity for long term and forget. This bucket takes care of you life style and whatevet left after spending can be invested into equity again. 

Am I missing something ? Thoughts. Looking for a genuine discussion only. Trollers find something else.

[Redarya]

1 minute ago, mcdowl_murthy said:

Have been doing some financial planning as I plan to move to India.

Effectively you can generate a tax free income ( Include you and your wife ) of 24 Lakhs per annum with 2.8 crores or ( ~300k USD ). I feel thats more than enough for a family if you dont have school going kids and have a paid of home. 

Rest you can invest in equity for long term and forget. This bucket takes care of you life style and whatevet left after spending can be invested into equity again. 

Am I missing something ? Thoughts. Looking for a genuine discussion only. Trollers find something else.

Ante 9% interest. And what about taxes you pay on it? Chala optimistic ga vunnav. Are you retired, if not eerojullo kids education ke avutundi ga 6 to 7 lakhs.

[enigmatic]

25 minutes ago, mcdowl_murthy said:

24 Lakhs per annum with 2.8 crores or ( ~300k USD ).

how are you getting this number? bank lo fd naa? what is the current rate in india ? taxes?

[Spartan]

This is as of Jan 2026 ICICI.

5ys di veskunna.. 

An investment of 2.8 crore in a Fixed Deposit (FD) at an annual interest rate of 6.5% will generate an annual return of 18.2 Lk only

nadulo malli 30% TDS cut avutadi. 

 

[karna11]

Numbers match avvatledhu rajaa, ekkada pattukochavo koncham clarity ga cheppu

[Android_Halwa]

Lekkal yadano teda kodtunayi…asalu, mithi, karchu…

Nuv ippatla India poyye bapathi kaadu le…time padtadi. 

[merrooi]

3 hours ago, Redarya said:

Ante 9% interest. And what about taxes you pay on it? Chala optimistic ga vunnav. Are you retired, if not eerojullo kids education ke avutundi ga 6 to 7 lakhs.

RBI bonds give you 8.2%.

[merrooi]

40 minutes ago, Spartan said:

This is as of Jan 2026 ICICI.

5ys di veskunna.. 

An investment of 2.8 crore in a Fixed Deposit (FD) at an annual interest rate of 6.5% will generate an annual return of 18.2 Lk only

nadulo malli 30% TDS cut avutadi. 

 

If you invest in RBI bonds you get 8.2% and if you split between you and your wife both get 12 lakhs zero income tax. Where is TDS @Spartan

[merrooi]

3 hours ago, Redarya said:

Ante 9% interest. And what about taxes you pay on it? Chala optimistic ga vunnav. Are you retired, if not eerojullo kids education ke avutundi ga 6 to 7 lakhs.

Read the post. I explicitly said “ if you dont have school going kids”. Kids education is not a retirement expense @Redarya. 

Edited 1 hour ago by merrooi
Reference

[merrooi]

31 minutes ago, Android_Halwa said:

Lekkal yadano teda kodtunayi…asalu, mithi, karchu…

Nuv ippatla India poyye bapathi kaadu le…time padtadi. 

Nenu pothano ledo topic kadu @Android_Halwa

[Spartan]

28 minutes ago, merrooi said:

If you invest in RBI bonds you get 8.2% and if you split between you and your wife both get 12 lakhs zero income tax. Where is TDS @Spartan

FYI...NRIs are not eligible to buy all RBI bonds...only specific vi konochu.

eligible aina bonds ...bisket rate untai..max 7% which is equal to Bank FD rate for NRI

also avi mostly related to state or govt development related untai....project assam or shelf aite ...returns also gone

and also TDS applies for anything gain over 1 Lakh..in this case.