What is ASBA?
SEBI introduced a new payment option ASBA (Application Supported by Blocked Amount) as an additional payment mechanism for the benefits of certain investors applied in IPO (Initial Public Offers). This option would be available to retail investors only. It is also an exclusively available payment option for the investors applying in right issue of shares, [...]
Huge Discounts With Real Estate Prices ? How Much True are They?
You might have well heard all over with the rescission troubles and matters, once they ruled the economic pages headlines. In connection with that there were many other news and one of the major one was that the clash in the property prices. The saying was that there was a reduction of at least about [...]
Lost Credit Card – What Next?
Most people prefer to carry a number of credit cards rather than carrying a wad of money in their wallets. It also makes sense, moreover they can also do as much shopping or at least till the credit card limit allows them to do. However if you have lost a card, then it can become [...]
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As you all are aware that IPO was withdrawn by the companies followed by the negative sentiments that were seen in the markets.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 [...]
How to Manage Your Wealth
How To Manage Your Wealth
There are many products in the market that a normal person can invest in and as with any other things there are advantages and disadvantages with each and every product. Each product do need a different method of strategy. Lets see where we can get some money.
Lets first take the hottest [...]
Income Excluded From Tax
There are some types of Income that the tax department has given as not to pay taxes, if the income comes from these sources, we can have a small walk through these, as normally people loves saving tax and its high time that we know about the income excluded from tax.
Agriculture activity income is not [...]
Things That You Should Take Care Off While Filing Your Income Tax Return
July 31 is fast approaching and its the time for tax payers to file IT- returns, Its compulsory for any person to file whose gross total income exceeds the basic exemption limit. This year the exception limit has been increased see ” New Income Tax Rates and Slabs”. You should file your return even if [...]
Recurring Deposit or Jeevan Saral ? Which is the best?
You all might have heard and has an idea of what is meant by recurring deposits schemes, acquiring small amounts of money and investing it for long term and to reap better returns at maturity. The usual players in the field were banks and post offices, now there is a new entry to this sector… [...]
Equity or Gold which is the best?
The yellow metal has got its sheen from the early 2001 period, investors began to see it as an investment option and the returns it produced was really awesome. Across the world the scene was great for Gold and the India market has seen the price of gold shoot up from Rs 1180/- per gram [...]
RBI removes “High Value” Status for 1 Lakh
How much valuable can one lakhs be any idea? Those who have earned would know how much value they mean and how much they are hard in earning, but the RBI has reduced its value, without thinking that a car is available for that money , yes its the truth from May 2 [...]
