Small Savings Schemes Interest Rates Following the decision of quarterly revision of applicable interest rates on small savings schemes, the Finance Ministry of India has once again reduced the interest rates by 0.10 percent for the 3rd quarter starting from 1st October to 31st … [Read more...] about Small Savings Schemes Interest Rates cut by 0.1 percent for Q3
Investment
9.25% DHFL NCD Aug/Sept 2016 ? Tranche II Issue Review and Recommendation
DHFL NCD Aug/Sept 2016 Issue Review: Due to the falling interest rates on bank fixed deposits and in absence of tax-free bonds investors are investing aggressively in Non-Convertible Debentures. We have seen couple of NCD?s issue witnessing enormous responses such as Dewan … [Read more...] about 9.25% DHFL NCD Aug/Sept 2016 ? Tranche II Issue Review and Recommendation
10% Edelweiss Housing Finance NCD July 2016 Issue Review
Edelweiss Housing Finance NCD is open for subscription bearing coupon rates of 9.50%, 9.75% and 10% for tenure of 3 years, 5 years and 10 years with monthly, annual and cumulative interest payment options for retail/HNI investors. Let us sail through the features, pros and cons … [Read more...] about 10% Edelweiss Housing Finance NCD July 2016 Issue Review
Best Monthly Income Scheme to Invest in India
What in case you lose your job or suffer a business loss due to slowdown in market? Having passive income or second monthly income is always advisable to overcome from these uncertainties. Passive income or regular monthly income does not only safeguard you in your working life … [Read more...] about Best Monthly Income Scheme to Invest in India
Sukanya Samriddhi Scheme New Rules 2016
Parents/Legal Guardian can now open account under Sukanya Samriddhi Scheme for Adopted Daughter and girl child can also deposits money into the account, earlier no clears words were written in the official gazette publication for the same. There are many more clarifications and … [Read more...] about Sukanya Samriddhi Scheme New Rules 2016
Best Tax Free Investments Options in India
Top 5 Tax Free Investment Options in India Two types of questions are frequently asked by taxpayers, first one is what are the best tax-saving investments and second what are the best tax free investments options in India are? Both of them sound somehow similar but there is … [Read more...] about Best Tax Free Investments Options in India
Form 12BB – LTA, HRA and Home Loan Interest Proofs to be furnished to Claim Tax Rebate
CBDT has recently released a New Form 12BB to claim tax deduction in respect of Leave Travel Allowances (LTA), House Rent Allowances (HRA) and Interest on Home Loan Interest. The form has to be filed by employees and submit it to their employers along with few other documents and … [Read more...] about Form 12BB – LTA, HRA and Home Loan Interest Proofs to be furnished to Claim Tax Rebate
Top Corporate Fixed Deposits Schemes with Interest Rates
With consecutive rate cuts by RBI, fixed deposits rates offer by Banks came down drastically. In the current fiscal year RBI has reduced 125 bps in repo rate which results in reducing fixed deposits rates by 50 bps to 100 bps by almost every bank. Read: Latest Bank Fixed … [Read more...] about Top Corporate Fixed Deposits Schemes with Interest Rates
Cafe Coffee Day IPO Review and Recommendation
Caf? Coffee Day, India?s biggest coffee shop chain founded by V.G. Siddhartha in 1996, will launch Initial Public Offer (IPO) of Rs.1,150 crore on 14th October, 2015. Caf? Coffee Day IPO will be the biggest IPO in nearly three years. About Caf? Coffee Day Caf? Coffee Day … [Read more...] about Cafe Coffee Day IPO Review and Recommendation
Sovereign Gold Bond Scheme vs. Gold ETF
Last week, Government has given green signal to Sovereign Gold Bond Scheme and Gold Monetization Scheme. Both these schemes were introduced in Budget 2015-16 and were highly anticipated. I have already elaborated both the Schemes in different article which you can read at Gold … [Read more...] about Sovereign Gold Bond Scheme vs. Gold ETF