The Journey of CA

About the author…….Mukesh Singh Rajput is a C.A. by profession. This is his first and probably the last book. It is so because he refuses to regard himself as a professional writer. Had the thought of motivating others by telling them about his unbelievably hard life not rankled his conscience he probably would have never put his pen on paper to write this book. The tribulations of his life before he became a C.A. can be imagined when we realize that he has completed all his studies after 5th as a private candidate; spent his entire childhood away from home – family working in hotels and shops. But the flame of become something in life kept burning bright in him so picked up the lost threads of studies once again and rested only after he had obtained the professional degree of C.A. in 2010. Presently he is a practicing C.A. in Bhopal.
CA Pass The Real Story – Book
About the book……. The present book ‘C.A. Pass: The Real Story’ is the author’s life story in which he describes in a very interesting manner the ups and downs of his life’s journey from zero to zenith. Through this book you will come to know how a small boy, who, sick of the constant fights between his parents, runs away from home and has to work in a canteen or in a hotel in order to put food in his belly and survive. How he refused to give up and despite these many trials and hardships he realized his dream all because he continued to persevere and is today a successful C.A. Via this honest auto – biography the author wants to say that you don’t have to be exceptionally talented to succeed; sincerity and hard work make everything possible. People with average potential can also polish and refine themselves to reach their desired goal. It is only after reading the book that one realizes the true meaning of ‘Try Again’. This book tells us that failures are only repetition of mistakes and so rather than getting demoralized by them and quitting we must try to identify and remove them. This book is not written to sermonize instead it is a true account of the actual experiences of the author’s life and inspires us not to be defeated by such challenges of life but to face them all the while telling us of the ways to do it. All in all it is a practical handbook which gives us courage, teaches us and also entertains.
1. Book Available Amazon & Flipkart Link: https://www.amazon.in/C-Pass-Real-Story/dp/9384535079
2. e-book Link: https://www.google.co.in/books/edition/CA_Pass_The_Real_Story/Gwy4DQAAQBAJ?hl=en&gbpv=1&pg=PP1&printsec=frontcover

Related Articles

Only 5 MFs allow NRIs residing in US and Canada to execute online transaction without any limits

NRIs based out of US and Canada can invest in Indian mutual funds. However, AMCs do not have a uniform policy to deal with US and Canadian clients.

Currently, close to 14 fund houses receive investment from investors based out of these two countries and another five AMCs receive investment only from US.

Broadly, there are two categories of fund houses here – where investors are not required to physically present in India and vice versa.

Here is the list of fund houses where investors are not required to be physically present in India:

  • Aditya Birla Sun Life Mutual Fund
  • Nippon India Mutual Fund
  • Quant Mutual Fund
  • Sundaram Mutual
  • UTI Mutual Fund

Interestingly, these fund houses allow such NRIs to invest in their MF schemes without any restriction that too through online transaction.

Let us look at the fund houses which insist NRIs to be physically present in India:

  • 360 One Mutual Fund
  • Axis Mutual Fund
  • DSP Mutual Fund (Only lumpsum)
  • ITI Mutual Fund (Only lumpsum)
  • Kotak Mutual Fund
  • Navi Mutual Fund
  • PPFAS Mutual Fund
  • SBI Mutual Fund
  • Taurus Mutual Fund
  • White Oak Capital Mutual Fund

Similarly, here is the list of fund houses, which receive money only from US investors:

  • Bandhan Mutual Fund (Only US)
  • Edelweiss Mutual Fund (Only US)
  • HDFC Mutual Fund (Only US)
  • ICICI Mutual Fund (Only US)
  • Motilal Oswal Mutual Fund (Only US)

Please note that all these fund houses receive investment only through physical mode. Also, these fund houses insist NRIs to submit application form along with a declaration form indicating their residential status.

NRIs residing in US and Canada will have to share Foreign Account Tax Compliance Act (FATCA) details and tax identification number (TIN) along with KYC details.

FATCA declaration form captures information like type of address (residence, business, registered office etc.), country of tax residence, tax identification number, Global Intermediary Identification Number (GIIN) and seek investors consent for sharing the information with relevant tax authorities.

For transaction, an NRE (Non-Resident External) or NRO (Non-Resident Ordinary) account is a must.

Source: Cafemutual

 

Glimpse of 2023

As 2024 dawns upon us soon we reminisce with a smile what a great year 2023 was for Capital Markets & we would like to share our gratitude towards all of you.
 
 
2023 saw unprecedented changes and events unfold in front of us –
 
·        There were headwinds at the global political stage – there are power games still being played.
·        In the world of Investments, for Equities, what began as a subdued year, turned into the biggest rally and is ending the year at its all-time highs – a classic roller coaster.
·        For Fixed Income, this year separated the men from the boys – duration, credit, liquidity events – a delight for the very best to prove their mettle.
·        The MF Industry continued to see its topsy-turvy ride with SIP book reaching all time high. Returns and Investing experience played a key role in investors’ decisions – think, Investor First! Investor First! Investor First!
 
All the challenges we saw in 2023 required a significantly different approach and the opportunity that lies in front us in 2024 will require us to change our approach further.
 
Wishing you and your family a very Happy, Healthy and a Prosperous New Year!

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