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Category Archives: Mumbai
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
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
India Budget 2013 What matters most!
P Chidambaram budget speech is known to induce dreams and elevate people to a euphoric state of mind but the fine print in the draft is known to always have a googly and take back more than what he has … Continue reading
Posted in Banking, India, Indian Budget, Mumbai
Tagged Budget, India, india budget, India Budget 2013
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English Vinglish is worth watching!
English Vinglish is a wonderful watch and has put Gauri Shinde up in the league of talented directors and writers and the script shows her talent and her eye for detail. The script, strongly woman centric and about a housewife facing … Continue reading
Postal MIS Rules, Rates and Bonus History
As govt policy goes govts are fickle and keep changing rules Postal MIS with its paltry return of 8% is a deadbeat investment in the Congress or Rahulfnflation era where inflation is above 10% officially and 15% in real terms. … Continue reading
Indian Railways Ticket booking guide
1. Advance Booking for Indian Railways Tickets can be done 4 mths or 120 days in advance. 2. Senior Citizen Concession : Carry ID proof and demand Senior citizen ticket concession while booking. Men :60yrs and above Women 58 Yrs and … Continue reading
Posted in India, Indian railways, Mumbai, Travel, Trek n Travel
Tagged india rail, Indian Railways Ticket, indian railways ticket booking
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Azad Maidan Mumbai Riots (CST)(VT) and after effects..
Here are the best of posts regarding the azad maidan riot and the protests against the way the riots were handled by the State CM and more importantly his Home minister through the Police Commissioner Arup Patnayak . Read: Madhu Trehan: Bending … Continue reading
Posted in India, Mumbai, news, Politics
Tagged Asaduddin Owaisi, Azad Maidan Mumbai Riots, Raza Academy, Raza Achademy
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GOI blocks Twitter
As at today, it seems that Twitter is blocked in India. Read Centre, Twitter in face-off over PMO parody accounts Why is it that the govt blocks something unrelated on the net whenever people notice it bugling big time on some … Continue reading
Posted in Humor, India, Internet, Life, Mumbai, Politics
Tagged DrYumYumSingh, PM0India, SoniGaxdhi, Twitter
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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
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 Psu disinvestment, Rajiv Gandhi Equity Savings Scheme, RGESS, Small investor
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