The maiden budget of the new government has brought a lot of cheer to the common man. The budget delivered twin benefits - deduction limit for investments under Section 80C was increased from Rs.100,000/- to Rs.150,000/- and nil slab for taxable income to Rs.250,000/-.
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We are at the beginning of a new financial year, a time, when most of us ought to consider tax saving investments. If you are a salaried professional, you will get a reminder from your accounts department, while if you are self-employed, your Chartered Accountant (CA) will remind you about tax-planning for the financial year.
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With the stock market indices hitting new highs every day, more and more small investors are
getting ready to enter the market. What stocks will they be buying? L&T? ITC? Sun Pharma?
Reliance? Glaxo? Tata Motors? M&M? TCS? Not a chance! These stocks are too expensive. Too old-fashioned.
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The real economic growth is always reflected by the mid and small companies. Not only are they job creators, they also are wealth creators for people who invest in their shares. In any economy across the world, masses love to invest in them.
Even though the Sensex and Nifty are scaling new highs on a regular basis, the broader markets represented by the BSE smallcap Index is still below its Jan 2008 highs by 36%.
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With Sensex touching new highs on a regular basis, analysts of all shapes and sizes have started to predict fantastic Index levels without really explaining how and why those levels can be reached.
Despite the slowing in the past few years of GDP growth - a worldwide phenomenon - India continues to show positive growth. Things can only improve from here on now that a decisive government has taken over the reins at the center.
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All advice given to retail investors to invest in their own economic progress by owning stocks or investing thru Mutual funds, has fallen on deaf ears. In 2001 Indian public owned 22% of the equity capital, while FII's owned 14%. The roles have reversed since then; FIIs now own 22%, while Indian public owns 14%.
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In today's world, financial security for individuals of any age is an absolute must. It is likely that at
different points in your life you would have sole or partial responsibility to make financial decisions
that have the potential to impact your future standard of living later in life. So whether you are single, married or divorced or run a business, a job or have kids, it is important to invest for a secure future.
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ಷೇರು ಮಾರುಕಟ್ಟೆಯ ಸೂಚ್ಯಂಕ(sensex) ಹೊಸ ಏರಿಕೆ ಕಂಡಿದೆ. ಇದುವರೆಗಿನ ಎಲ್ಲಾ ದಾಖಲೆಗಳನ್ನು ಷೇರು ಮಾರುಕಟ್ಟೆಯು ಮುರಿದಿದೆ..
ಮುಂದೆ ಓದಿ..