FDI in Retail

Is the government decision to bring FDI in Multibrand retail correct. Will it be helpful to revivelight Indian Economy .Will it be helpful to the common people of India or is the oppostion parties correct in protesting against FDI.Baba Ramdev said that FDI is a mean to convert black money to White money ,is he […]

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ICICI and other banks reduced RD, FD rates, and gold is on high

Dear Ashal and experts, today RD andFD rates of private banks droped by 0.5%, gold is on high, and equity on steady state , what should be the bet now, (If I suppose to invest some money for short and some for long term.)??? PPF is giving more than RD,FD. how does this senario affect […]

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today’s et wealth analysis – any expert comments?

Hi, Can anyone give their expert comment on today’s et wealth article http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/why-new-nps-could-be-the-best-way-to-save-for-retirement/articleshow/15351199.cms? Till now, I have understood from this blog that MFs are the way to go for long term. So best retirement option should be MF when you re under 45, am I right?

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which tests qualify for- 80D section, 5000rs sub-limit

In the recent budget, it is said that we can additionally claim upto a maximum of 5000rs. u/s 80D for Preventive Medical Checkup. Which type of tests will qualify under this head? Are all the diagnostic tests done in the FY eligible to be included under this? or Only the Full Master Health checkups offered […]

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Regarding E-Gold E-Silver

I have opened a demat account with NSEL and trading E-gold silver etc online. but i am not able to get any useful research reports on prediction of gold and silver prices online. can any one of you suggest some useful read or link

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is ELSS still under section 80(C)? (as on July 2012)

DTC was not implemented in the Budget 2012. However the government is proposing to bring DTC bill in the monsoon session. My question is: 1. Is ELSS still under 80(C)? 2. If I buy a ELSS plan tomorrow and DTC is passed in monsoon session, will my investment be still under 80(C)?

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Investing in Rajiv Gandhi Equity Savings Scheme

Dear All, I found this forum is useful to clear many doubts. I understood as this is a good forum. I too have one query. This is regarding IT benefits on Rajiv Gandhi Equity Savings Scheme. I understood, anybody who invests Rs 50,000 in equities stands to get income tax deduction on Rs 25000, if […]

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Purchase of Gold

Dear All, Gold has gone to its peak rates. Can anybody suggest me is it good decision now to purchase GOLD! Pl. Note: I have idle cash of about 3,00,000/- lying in savings accounts for the past 4 months. I am expecting 1.5 Lakh cash more in next month. I want to properly use the […]

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DTC impact on HRA

Dear all I heard with the implementation of DTC or its recommendations in Budget 2012, HRA benefit for IT exemptions will be removed. If it is true, it will impact salaried employees a lot. This will impact even the Zero Tax Slab is increased to 3 Lakh. If this is true, it will be a […]

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Tax relief slab may be raised to Rs 3 lakh

FYI, http://timesofindia.indiatimes.com/india/Tax-relief-slab-may-be-raised-to-Rs-3-lakh/articleshow/11829610.cms

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