Can clubs, trusts, societies invest in equities?
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Are you part of a club where you pay membership fee? Do you pay maintenance charges of a housing society where you live? Collectively, it is a lot of money. Did you ever wonder how is this money used or managed? People managing funds for such institutions are under wrong impression that they cannot invest in anything beyond FDs. But even equities are allowed. Catch Pritika Kumar, co-founder of a Gurgaon-based legal platform, No Grey, to explain various investment options as per legal structure of a housing society, sports clubs, art & culture clubs, temple and other public trusts.
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Indians working abroad and foreign nationals working in India get different treatment when it comes to contributing to social security schemes and withdrawing from it. The Karnataka High Court ruling has made the matter worse. Tune in to this episode of WhyNotMintMoney to understand all about it...
Published 05/24/24
Published 05/24/24