The government should give option to investors in small savings scheme to convert their investment at the time of maturity to equity of public sector units to reduce its interest liability and rein in fiscal deficit, industry body Assocham has said. The option would provide investors with a better avenue for … [Read more...]
Archives for January 2010
Simple ways of Saving Tax
Step 1: Understand Section 80C Under this section, investments made in certain instruments, and specific expenditures, are exempt from tax. 1. Contribution to the Provident Fund 2. Investment in Public Provident Fund 3. Payment of life insurance premium 4. Investment in pension plans 5. Investment in Equity Linked Saving Schemes of mutual funds 6. … [Read more...]
PPF vs NSC
The NSC is a post-office savings scheme while the PPF was established by the central government in 1968. But both are very safe since they are backed by the government. How much goes in? The minimum amount you have to put into your PPF account in a year is Rs 500. The maximum you can put is Rs 70,000 per year. With NSC, the minimum amount is Rs 100. Here, is no … [Read more...]
How can Foreign investors, Invest ?
Best chance for foreign investors to invest in Indian market and to earn huge profits in very short time. Sharetipsinfo is here to provide the latest updates and best tips to its potential customers so that they can earn much more then there imagination that to with minimal risk. Sharetipsinfo is one of the leading tip's … [Read more...]
Mistake generally made by investors
Biggest Mistake is simply following Trend . We have seen a classic example of this irrational investor behaviour in the last few weeks. Till the first week of May, we witnessed an unprecedented one-way rise in the stock market for almost six months. Valuations were stretched. Experts were advising … [Read more...]