Monthly Archives: January 2010

Investment Opportunity:-Network 18 Fixed Deposit Scheme

    Network 18 Media & Investments Limited Formerly known as Network 18 Fincap Private Ltd. The Group’s principal activity is to make strategic/financial statements in media and other business. It is India’s play media conglomerates with interests in television, … Continue reading

Posted in Fixed Deposits - Corporate | 10 Comments

DBS Chola Mutual Fund enters into MOU L&T Finance Limited

Existing sponsor of the DBS Chola Mutual Fund, Cholamandalam DBS Finance Limited (CDFL) has entered into a MOU with L&T Finance Limited for sale of its Asset Management Business. Accordingly, DBS Chola Mutual Fund will be renamed as L&T Mutual … Continue reading

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TAX SAVING FIXED DEPOSITS – Under Sec-80C

· HUDCO FD · SCHEMES · REGULAR PLUS (with effect from 1.07.2009) · Periodic Income Scheme *Minimum deposit amount is Rs 50,000/-. Additional amount in multiples of Rs. 5,000/-. * Interest compounded on quarterly basis. 0.25% p.a. extra interest for … Continue reading

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Financial Planners -The Personal CFOs

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Income Tax Rates for AY 2010-2011

1.    What are the income tax rates applicable for the financial year (2009-2010)and assessment year (2010-2011)?      PREVIOUS YEAR: previous year means year in which you earn any income…in Previous year you only earn income.   ASSESSMENT YEAR:  the  … Continue reading

Posted in Tax Planning | 5 Comments

Public Provident Fund

Public Provident Fund  During the process of asset allocation, financial advisors will generally recommend an allocation to Public Provident Funds in the debt portfolios of their clients. Debt allocations are meant to reduce volatility of returns and provide stability to … Continue reading

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Fixed Deposit Scheme : Jagatjit Industries

Fixed Deposit Scheme : Jagatjit Industries Ltd. Rate of Interest applicable on deposit received/renew w.e.f. 26th September, 2009 SCHEME A : NON-CUMULATIVE Interest Payable Quarterly Period Minimum Deposit (Rs.) Interest Rate (%) Quarterly Interest (Rs.) 1 Year 25,000 10.50 656.25 … Continue reading

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DHFL Swayam Sidha Deposits (DSSD) Scheme for Women

Dewan Housing Finance Corporation Ltd           “DHFL Swayam Sidha Deposits (DSSD)” Scheme for women   DEPOSIT SCHEME FEATURES: Cumulative Scheme Non-Cumulative Scheme Period Interest Rate Annual Yield (Payable Yearly) (Payable Half Yearly) (Payable Quarterly) (Payable Monthly) 500 days 9.10% 9.48% … Continue reading

Posted in Fixed Deposits - Corporate | 1 Comment

Goal Based Investing

Everyone has different financial goals in his life, some have  short term goals like creation of Emergency Fund, Arrangement of down payment for Purchase of Home/Car etc.,  and some have long term goals like education planning of child, child marriage, … Continue reading

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