Meaning of SIP: When it comes to invest it is hard to fetch a big amount every time. Investments are our base for future specially for private sector employees as they don’t have pension security.Here you can start your savings to be deducted from your
Top three ELSS funds for 2017: ELSS are eligible for 80C deduction under income tax Act. In ELSS we can invest either lump sum or via SIP. It is better to choose SIP over lump sum investment as it capture the various levels of market.Here
The salient features of NCDs of Srei Infrastructure Finance Ltd are as follows: Public issue of “Secured Redeemable Non-Convertible Debentures” NCDs of Srei Infrastructure Finance Ltd, which is opening on January 30, 2017 and will close on February 23, 2017. NCDs have Tenure of 400
Relevance of Place of Effective Management of a Company (POEM) This article is based on circular issued by ministry of finance on 24/01/2017. The copy of circular is also attached at the end of this article. Section 6(3) of the Income-tax Act, 1961 (the Act), prior
Details for UTI-Dual Advantage Fixed Term Fund – Series IV – III (1279 days) – NFO We are pleased to inform you that UTI Mutual Fund is launching UTI-Dual Advantage Fixed Term Fund – Series IV – III (1279 days) – NFO as per the details given
BSE IPO issue details: Here are the details for BSE IPO to open today for subscription Company BSE Limited Period Issue Opens On*: Monday, January 23, 2017 and Closes On Wednesday, January 25, 2017 *The Anchor Investor Bidding Date shall be one Working Day prior to the Bid/ Issue Opening date.(i.e. on 20th January 2017) Price Band Rs.805 – 806 Bid Lot 18 Equity Shares and multiple thereof Issue Size (In Rs.) Rs.1,241.89 – 1,243.43 Crores Issue size (in Shares) Offer for Sale of 15,427,197 Shares Issue Structure QIB 50% of the Net Offer ( 7,713,598 Shares ) (Rs.620.94~ – 621.72^ Cr)
Here we have compiled in brief the outcomes of GST council meeting of today. The date for the big day is fixed at 1July. GST will be finally a reality on 1st July 2017. The GST council today rejected the timeline of 1st April for
Dhan Sanchay Yojna (Mahindra mutual funds) Offer dates: The new fund offer of Dhan Sanchay yojna will Open on: January 10,2017 The offer will close on January 24, 2017 The scheme will reopen for continuous sale purchase from February 8,2017 Scheme Benefit: Potential capital appreciation
Why ELSS is best tax saving investment: ELSS have many benefits over the other products available for tax exemption under section 80C. It has benefit of tax exemption as well as returns based on equity market. In the past its returns are highest in comparison
I submitted Income tax declaration shall I provide the investment proof to employer? Employers take the income tax declaration from employees at the beginning of year. You can invest in various options available in 80C after proper evaluation.Employer collect it to fix the amount of
