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INVESTMENT PLANNING YOUR GUIDING STARS!

Security, Yield & Liquidity are the Three Guiding Stars which should influence an Investor’s Decision Making               The key to successful Investment Planning lies in making the right choice of investments that best suit the investor’s specific requirement!               What are the important considerations which you as an investor must keep in mind while planning your Investment Portfolio? Security,...

SMART BOND FOR EXEMPTION!

Enjoy exemption from long term capital gains by planning investment in specified bonds!                Section 54EC of the Income-tax Act provides for exemption of taxable long term capital gains (LTCG) arising from the transfer of an asset, to the extent the amount of such gains are invested in notified bonds within a period of six months from the date of transfer.  Notified for this purpose are the three year...

KBC – NO FREEDOM FROM TAX!

All winnings from Lottery or Games are taxed at flat rate of 30% & TDS is mandatory before Prize is handed over! Though the popular TV Game Show KBC (Kaun Banega Crorepati) will launch its 5th Avataar on India’s 64th Independence Day 15th August, 2011, it will indeed be ironical that its prize winnings will enjoy ‘no freedom from tax.’  Participants receiving cheques signed by Big B for the full prize money as...

TAX BENEFITS UNDER FMP!

Taxpayers in Top Brackets can enjoy Totally Tax-free Returns availing Multiple Indexation!               Arjun had invested Rs.25,00,000 in March, 2010 in a 13 months Fixed Maturity Plan (FMP) offered by a leading Mutual Fund. The indicative return offered to him was 11% upon maturity of the FMP in April, 2011.  Arjun will be fortunate to earn Rs.2,75,000 as his return on investment totally tax free. How does this...

FOREX ENTITLEMENTS,BOTH EASY & LIBERAL!

Know how to acquire Foreign Exchange for travel, education, medical treatment & investment overseas With the substantial liberalization of Current Account Transactions in Foreign Exchange even for Resident Indians, you can now liberally acquire Foreign Exchange for a host of purposes without seeking any prior permission of the Reserve Bank of India (RBI). Such Forex can be released by Authorized Dealer Banks on...

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