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Capital Markets

Finance Minister PC is expected to launch Rajiv Gandhi Equity Savings Scheme (RGESS) on February 9, 2013 to woo first-time stock market investors. This is a welcome step to get domestic money which could help in increasing domestic participation percentage in equity markets. On one hand it will remove inhibitions related with stock markets due […]

Continue reading about Rajiv Gandhi Equity Saving Scheme, is it Good for investing?

admin1 on October 4th, 2012

Staring OCT 1,  there have been some changes in Mutual fund schemes in India. Main focus for these reforms has been to get more capital participation from small cities which could bring more money on the table. Though SEBI has also enabled Fund Management Companies (FMC) to charge a bit extra for this. Fund houses […]

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This year onward, there will be no tax benefit from Infrastructure Bonds. So on one hand Mr. Pranab Mukherjee gave some extra money by increasing basic exemption limit by 20,000 Rs and with other hand he took back more by taking back 20,000 tax deduction provided under section 80CCF using Long term infrastructure bonds. Initially this section […]

Continue reading about No tax benefit from Infrastructure Bonds in FY 2012-13

admin1 on February 21st, 2012

Buyback of shares essentially means repurchase of its own share by a company having substantial cash reserves particularly when the prevailing rate of its shares in the market is much lower than the book value or what the company perceives to be its true value. In effect, share buyback or share repurchase is investment by […]

Continue reading about Share Buyback

admin1 on February 20th, 2012

Tax free bonds, that’s something new in Indian investment arena. It is an additional option to invest in debt market, that too in bonds issued by state-owned infrastructure developers. This promises around 8.5% returns, which is not offered by any other high rated debt instrument category. These bonds require no tax payment on the interest […]

Continue reading about Tax-free Bonds! That sounds Good..

admin on October 19th, 2010

Applying for IPO through ASBA – This is wonderful facility provided by banks. The application amount will remain blocked in your account till allotment and only the amount allotted will be taken for the IPO. During this period, you will continue to earn interest. Above all, this facility is FREE. Step 1: Go to http://www.nseindia.com […]

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