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Indian Stock Market News and Views.

Investing In An IPO

| Filed under IPO Analysis

symbolipo logo53 300x222 Investing In An IPO

As you all are aware that IPO was withdrawn by the companies followed by the negative sentiments that were seen in the markets. Many companies have dropped their plans to proceed with the IPO’s. But the positive sentiment that is seen with the good numbers coming out from companies and the revival of the markets to some extend has brought some of the IPO back into action. If you are unsure what is an ipo

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What is IRF’s Or Interest Rate Futures Introduced in Indian Markets

| Filed under Stocks

interest rate drop 300x288 What is IRFs Or Interest Rate Futures Introduced in Indian Markets IRF’s or Interest Rate Futures is available to all investors from Aug 31. Its a form of derivatives which is used to hedge against interest rate risks. The NSE launched the IRF’s on the basis of a ten year government security and has waived transaction charges till December 31. The investors till now had no tool to make the benefit from the rise in the interest rates. this move would ensure that they do get a chance to make use of the rises of intrest rates in the bond prices. This new introduction to the market gives strong signal that more tools like this would be introduced into the market.
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Zero Balance Deamt Accounts In Three Months

| Filed under Economy

25demat Zero Balance Deamt Accounts In Three Months

SEBI is working on to ensure that the brokers would make sure that the “zero balance” on their client’s trading account, the aim of it would be to prevent misuse of the client’s funds by brokers. The balance cash at the clients account should be given back to the client by way of a cheque with a grace period of one week.
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How to get Tax Refunds tips

| Filed under Economy

 

taxrefunds large How to get Tax Refunds tipsTax time is surely tension time and most hateful time of the year for many people. Tax time is a tedious time and people often hate to fill up the questions which are too much for it. If you are working then its most likely that your company would cut down an excessive share of money from you in the name of tax, if that is the case then you need to have move on for tax refund. Its said easily but getting a Tax refund can blow your brains out particularly if you do not have the idea of whom to be contacted and how to move for it, if you are in a place where there is no ECS – electronic clearance system available then you are fixed. 

If you are planning to get your tax refunds then some points are there to be taken care off. First its important to know what is causing the delay with your refund, if you have quoted a wrong PAN number or bank account or have wrongly filed in the ward/ circle, the chances are high for a delay. If you have a Tax refund of more than Rs.5 lakhs then a delay is there which cites additional approvals. There would also be delay if you have pending litigation or any other types of issues with them. 

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