Income Tax Act, 1962 has always provided tax savings tools in the form of deductions. These deductions can be categorised under three heads- Investment based deductions Expenditure based deductions Income based deduction Investment based deductions: These deductions are available only if investment is made in specified securities for example, deduction under section 80C. Expenditure based [...]
Archive for the ‘Equity’ Category
Why are traders protesting against local body tax
May 25th, 2013
India Infoline Traders fear the imposition of local body tax will result in harassment by local officials and increase in corruption Recently, Maharashtra Chief Minister Prithviraj Chavan on Wednesday assured the Federation of Associations of Maharashtra (FAM) that the state government would not impose the Local Body Tax (LBT) in Mumbai in a hurry. Maharashtra government had [...]
Markets – This week
May 23rd, 2013
India Infoline After rallying for five-weeks on the trot, the market decided to shed its gains on negative global cues. The nearly 14% returns and almost 750 points rally from its April lows looked under threat with Asian markets falling like nine pins. Sentiment took a further hit after the Indian currency weakened to an eight-and-a-half month [...]
Gold’s two-day trauma
April 29th, 2013
Kotak Commodities Spot gold daily price chart Source: MetaStock Gold, once considered a safe haven asset and least volatile commodity, has witnessed a sharp $200 per troy ounce sell-off in just two trading sessions leaving most market players awestruck and struggling for an answer. Market players are now struggling to point a finger at an event or [...]
Online trading: One of the best ways to invest
April 28th, 2013
India Infoline The internet age has changed the way we communicate, do business and also the speed and knowledge with which we trade. Any customer wanting to trade on the NSE, BSE or MCX SX, now has a choice of brokerages to choose from. The ability of brokerages to attract new clients will depend on how they [...]
Truncated week again; momentum to continue
April 27th, 2013
India Infoline After five weeks of sell-off the Indian equity markets have bounced back smartly recovering almost two weeks of losses. The BSE Sensex and the NSE Nifty index surged nearly by 4% each during the week led by the Banking stocks. Heavy weights like ICICI Bank, SBI and HDFC Bank surged 10%, 7& and 4.5% respectively. [...]
Six Ways To Cover A Financial Set – Back When You Don’t Have An Emergency Fund
April 24th, 2013
Praveen Bajaj The best way to prepare for future financial set-backs is to save up an emergency fund, but what happens if a financial problem hits you before you’ve saved any money? Luckily, you’re not on your own when it comes to paying for emergencies and there are a number of alternative options out there. While these [...]
Sensex smiles at 20,000: Oil’s well that continues well
January 24th, 2013
India Infoline The Indian equity market is at a two-year high. With the Sensex crossing the psychological 20,000 mark, investor interest is gaining, especially among retail investors. A lot of the rise can be attributed to the global cues which have been positive since the start of the year. The setting aside of the fiscal cliff worries [...]
IPO Note – SRS LIMITED
August 22nd, 2011
Praveen Bajaj I have generally observed that during a bear phase in the market, companies defer their fund raising plans. I was going through the IPO column of NSE and came across 3 companies. Two of them had already announced their plans however, one, SRS Limited’s IPO will open on August 23. I found this company a [...]




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