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Category Archives: tax
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
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
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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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
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Top Tax Saving Mutual Funds (ELSS) 2012
This is probably the last yr for tax savings or ELSS mutual funds considering the UPA governments goal to introduce DTC soon. As of now, if one invests wisely Equity based investments and gold based investments would still perform better … Continue reading
Posted in Banking, India, Reflections, tax
Tagged ELSS, mutual funds, Sec 80C, Tax saving
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Is Inflation down in India ?
As i see the headline Food inflation eases to 10.63% in BS, i wonder if inflation is really down and whether it means anything to the aam admi. WPI inflation numbers are meaningless to the common man when vegetable prices which generally … Continue reading
Debating Inflation
It is not shocking to see the stance taken by the CongI UPA Govt in the activities in parliament in today’s inflation debate that after its bitter media campaign by its young guns like Pilot etc being interested in debating … Continue reading
Budget 2009 – What matters most
With no changes in tax rates but higher spending toward social sector projects, Minister for External Affairs Pranab Mukherjee Monday tabled a Rs.952,231 crore (Rs.9.52 trillion/$190.6 billion) interim budget for 2009-10 that chose to give fiscal prudence a miss during … Continue reading
Posted in Banking, Economics, India, Indian Budget, Investing, Markets, Mumbai, tax, you tube
6 Comments
On 7% + Inflation
i had written about the inflation problem, the nation is facing as WPI inflation rate has doubled in the past 3 months and food prices in cities are up 40% in metros. Looks like Raghuram Rajan committee report is out, … Continue reading
Posted in India, Mumbai, news, Random Thoughts, Reflections, tax
2 Comments
WPI Inflation in India at 7% and climbing?
The WPI inflation is now at 7% and climbing, putting the Govt the fm and the RBI in a tight spot. I had expected this to happen as i wasn’t quite sure of the FMs management skills and mentioned it … Continue reading
Posted in Banking, Corruption, India, Investing, Mumbai, news, Politics, Random Thoughts, Reflections, tax
Tagged Corruption, India, inflation, mismanagement, price rise
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