Taxing Time
Dear Friends, Most of us typically run around for Tax Saving options during the months of Dec, Jan and Feb to exploit section 80C benefits and minimize taxes. There are a plethora of investment options under Section 80C including: Employee Provident Fund (EPF – company deducts this through payroll and this is an amount that everyone in organized employment saves), Public Provident Fund (PPF), 5 Year Tax Saving Bank Fixed Deposit, National Savings Certificate...
Indian Equity Markets Update
Dear Friends, As I am writing this blog the Sensex has moved up by more than 400 points and Nifty by 130. This is subsequent to the fall of Sensex closing below 24000 and Nifty by 7250. Why are the markets behaving in a bizarre way with high volatility? No one knows the precise answer as that is how Stock Markets around the world behave and you can attribute only a few factors to...
One Day Cricket and Equity Markets
Dear Friends, I guess most of you understand cricket and hence tried to compare it with Equity Markets. PenguWIN has a sizeable number of investors who have done Equity Investment for the first time and hence tried to make life easier for them rather than using Financial Jargons every time, making them uneasy. The content is my IP and not lifted from any magazine or website 🙂 (Last...