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Fixed Income

IIFCL Tax Free Bonds (Tranche II) – March 2013 – Review

There a lot of companies trying to raise funds through the Tax free bonds route before the Financial Year ends. The latest to join is India Infrastructure Finance Company (IIFCL), another Government-controlled company, issuing tranche 2 of tax-free bonds between February 25 and March 15. IIFCL Tax Free Bonds – Significant Points: Offer Period: February 25, […] Continue reading →

16 Personal Finance Changes in Budget 2013

Union Budget 2013 Every budget changes lots of things in the personal finance space. Here is a list of 16 things that has changed for you. 1. Income Tax Slabs for FY 2013-14 The income tax slabs have largely remained unchanged for individuals. There are two major changes. People with income less than Rs. 5 Lakhs have to […] Continue reading →

Sudarshan Chemicals Fixed Deposit Scheme – Mar 2013

Sudarshan Chemicals Fixed Deposit Scheme Sudarshan Chemicals Limited, the Pune based company engaged in the pigment industry offering Fixed Deposit Scheme for 1 to 3 years tenure offering 9.5% – 11% Annual Interest. Scheme Highlights: Minimum Amount of deposit to be accepted is Rs.25,000/- and in multiple of Rs. 5,000/- thereafter. For single deposit of more than Rs 5 Lakhs for 3 years, […] Continue reading →