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RGESS – Save Taxes up to Rs 25000

RGESS - Save Taxes upto Rs 25000 Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS) was introduced in Budget 2012-13 as a new tax saving investment by investing in eligible stocks and mutual funds through Demat account. RGESS would offer tax benefit under the Income Tax Act, 1961 under section 80CCG. (Read more here) RGESS Eligibility: ‘New Retail Investors’ who invest maximum of Rs 50,000 in ‘Eligible Securities’ […] Continue reading →

IPO with Safety Net Scheme – Sai Silks (Kalamandir) Ltd

Sai Silks Kalamandir Limited IPO Its a known fact that Retail participation in Stock market have been dwindling for retail investors. Added to this, retail investors have badly burnt their hands by investing in over-priced Initial Public Offers (IPOs). Sai Silks (Kalamandir) Limited, is coming with its IPO with “Safety Net Scheme”.  [note color=”#FFCC00″]Under this scheme, if the market value […] Continue reading →

Rajiv Gandhi Equity Savings Scheme (RGESS): Eligible Stocks & Mutual Funds List

RGESS - Rajiv Gandhi Equity Savings Scheme Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS) is a new tax saving investment scheme announced in the Budget 2012-13. RGESS – List of eligible Stocks: Below is the list of stocks eligible for investment under RGESS on virtue of them being included in CNX-100 or BSE-100 Index. Most of listed Maharatna, Navratna or Miniratna are already […] Continue reading →

Stocks to Invest in 2013

stocks for 2013 Sensex and Nifty has been the third best performing Index after after Thailand’s SET and Germany’s DAX. FIIs too have pumped about $23 Billion till date in this year. Most experts believe that the next calendar year, 2013, does hold promise with the equity segment witnessing an increased retail participation, which inturn, may push the Sensex […] Continue reading →

Tax Treatment of Various Financial Instruments

Tax Treatment for Various Financial Assets Taxation on your investment is as important as the return on Investment. All financial instruments go through three stages Investment Earning Withdrawal The tax rules vary across the above three phases. This post would tell you how different financial Instruments are taxed in these three phases and what would be its impact on you. Based on […] Continue reading →

List of Holidays for NSE & BSE in 2013

Holiday List 2013 Below is the traing holidays for NSE (National Stock Exchange) & BSE (Bombay Stock Exchange) in 2013:  S. No. Date Day Festival 1 27-Mar-13 Wednesday Holi 2 29-Mar-13 Friday Good Friday 3 19-Apr-13 Friday Ram Navmi 4 24-Apr-13 Wednesday Mahavir Jayanti 5 1-May-13 Wednesday May Day 6 9-Aug-13 Friday Ramzan ID 7 15-Aug-13 Thursday Independence […] Continue reading →