Draconian Proposal from Mr. Jaitley, Budget 2014
Dear Friends, I am sure you would have read about the proposals in the Union Budget – 2014, presented by the Finance Minister Mr. Arun Jaitley which includes a tax exemption limit increase by 50,000/-, increase in 80C investment limit from 1 to 1.5 lakhs, increase in loss of house property exemption from 1.5 to 2 lakhs and so on. While there has been a slew of good measures from the FM, the proposal...
Excellent Investment Opportunity for Fixed Income – STFC, 11.75% Max.
Shriram Transport Finance Corporation (STFC) has come up with a Secured NCD Offer with very attractive interest rates of 11.25% per annum for 5 years and 11.5% for 7 years with an additional 0.25% for Senior Citizens PenguWIN Recommends ***** 5 Stars The scheme opens on 2nd July and closed on 22nd July 2014, with early closure option if the subscription is reached; demand is expected to be very high as its a AA+ rated secured instrument (by...
Historical Returns of Stocks, Gold, and Fixed Deposits in India
Dear Friends, I have been hunting for an interesting topic and I saw an email from my friend and well-wisher Muthu, which made me chose this topic of returns from various asset classes. While it’s a universal truth that returns from Equity beats all other asset classes in the long run, I have had innumerable discussions with people on the volatility that is inherent to equity investing and returns that we can make for anxiety...