Category Archives: Investing

Public Provident Fund Faqs

PPF is popular form of long term investment which is a deductible U/s 80 C or old Sec 88. Account opening Rules You can open only one single PPF a/c in your name in a bank or post office.  NRIs … Continue reading

Posted in India, Investing, Mumbai | Tagged , , | Leave a comment

Sec 80 C Options At a Glance – Fixed Income

Fixed Income Tax savings options under Sec 80C for all For table 1 pf postal investments the rates are for current yr and next yr as there is downward revision For 5 Yr Tax savings  Fds from banks the first … Continue reading

Posted in Banking, Economics, How to, India, Investing, Mumbai, news, tax | Tagged , , | Leave a comment

The Vadra-DLF Tagle

RTI / IAC activist and  Ramon Magsaysay Award winner, Ex IRS turned politician Arvind Kejriwal… has exposed the tangle between DLF and Robert Vadra in his recent expose. Simple question here is why did DLF a company neck deep in debt having a … Continue reading

Posted in Banking, Corruption, Doordarshan, Economics, India, Investing, Markets, news, Politics, Real Estate | Tagged , , , , , , , , , | Leave a comment

Mutual Funds to cost more?

If regular CPI inflation is not enough be prepared to get lesser returns for the money you have in your mutual funds. Recently the MF industry had pitched for raising expense ratio, which includes administrative fee and marketing cost, by … Continue reading

Posted in Banking, India, Investing, Mumbai, news | Tagged | 2 Comments

RGESS : Rajiv Gandhi Equity Savings Scheme

As things stand , the RGESS or Rajiv Gandhi Equity Savings Scheme seems to be a dud. The full details of this scheme were supposed to come out in may … but with a paralized govt busy with President elections everything … Continue reading

Posted in India, Indian Budget, Investing, Markets, Mumbai, news, Reflections, tax | Tagged , , , | Leave a comment

Pitfalls for the Indian Investor

When a govt is so desperate for capital it could do something to make life for the average Indian Investor a little easier , but this govt like the ones before is making life hell for the average investor with … Continue reading

Posted in Banking, India, Investing, Reflections, tax | Leave a comment

Mixing Political Interests with National Interests – The big PSU Scam !

Samuel Johnson made this famous pronouncement that patriotism is the last refuge of a scoundrel on the evening of April 7, 1775 The favourite hobby of UPA politicians is to justify decisions made for their narrow Political Interests as National Interests, … Continue reading

Posted in Banking, Corruption, Economics, India, Investing, IPO, news, Reflections | Leave a comment

India Union Budget 2012/13 What matters most!

Thanks to the total failure of the UPA 2 Govt to govern, the problems i had talked about  in India Budget 2011/12 What matters most! have only worsened. Fiscal defect is 1.3% higher than estimate… Wow!!  something which will have to be funded by market … Continue reading

Posted in Banking, India, Indian Budget, Investing, IPO, Life, Markets, Mumbai, news, Politics | Tagged , , , , , , , , | Leave a comment

MCX IPO Update

MCX IPO is about to set a record in terms of demand.. Over subscription is .. appx 43 times as of now. These are Approx figures and i cant confirm full details or my source… QIB portion 41 times + … Continue reading

Posted in Banking, India, Investing, IPO, Markets | Tagged , | Leave a comment