Prajna Capital |
- PFS Infrastructure Bond
- Income Tax Slabs
- Tax Saving Funds Online
- L & T Infra bonds Tranche 2 close now extended till 25th February, 2012
- UTI Sunder Fund and UTI Master Index Fund Merged with UTI Nifty Index Fund
- DSP BlackRock Dual Advantage Fund - Series 1 - 36M
- NHAI Bonds Listing
- REC to use IRFC quota of tax free bonds
- Religare Mutual Fund launched new FMP - Religare Fixed Maturity Plan Series XII Plan D
Posted: 13 Feb 2012 04:07 AM PST
Download PFS Infrastructure Bond Application Form PFS Infra Bond Application form
Submit filled up application Collection canter near you
--------------------------------------------- Invest in Tax Saving Mutual Funds Online
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Mutual Fund Applications
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Posted: 13 Feb 2012 03:16 AM PST Slab 1Upto Rs 1.6 Lacs Tax Rate NIL for Men; Upto Rs 1.9 Lacs Tax Rate NIL for Women; Upto Rs 2.4 Lacs Tax Rate NIL for Senior Citizen; Slab 2 Slab 3 Slab 4 Rs 8 Lacs onwards Tax Rate 30% --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
------------------------------------------------ Apply for REC Tax Free Bonds forms below Download REC Tax Free Bond Application Forms Submit the filled up form to Collection canter near you |
Posted: 13 Feb 2012 02:28 AM PST Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
------------------------------------------------ Apply for IRFC Tax Free Bonds forms below Download IRFC Tax Free Bond Application Forms Submit the filled up form to Collection canter near you |
L & T Infra bonds Tranche 2 close now extended till 25th February, 2012 Posted: 13 Feb 2012 01:44 AM PST L & T Infrastructure Finance Limited – Tranche 2 bonds issue which was schedule to close today has now been extended till 25th February, 2012. --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
------------------------------------------------ Apply for HUDCO Tax Free Bonds forms below Download HUDCO Tax Free Bond Application Forms Submit the filled up form to Collection canter near you
------------------------------------------------ Apply for REC Tax Free Bonds forms below Download REC Tax Free Bond Application Forms Submit the filled up form to Collection canter near you |
UTI Sunder Fund and UTI Master Index Fund Merged with UTI Nifty Index Fund Posted: 13 Feb 2012 12:43 AM PST
UTI Mutual Fund has announced the merger of UTI Sunder & UTI Master Index Fund into UTI Nifty Index Fund, with effect from March 14, 2012.
Investors are being given an option of exit without paying any exit load between February 13, 2012 and March 14, 2012. --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
------------------------------------------------ Apply for HUDCO Tax Free Bonds forms below Download HUDCO Tax Free Bond Application Forms Submit the filled up form to Collection canter near you
------------------------------------------------ Apply for REC Tax Free Bonds forms below Download REC Tax Free Bond Application Forms Submit the filled up form to Collection canter near you |
DSP BlackRock Dual Advantage Fund - Series 1 - 36M Posted: 12 Feb 2012 11:49 PM PST DSP BlackRock Dual Advantage Fund - Series 1 - 36M
Date of Opening Feb 16, 2012 (Thursday) Date of Closing Feb 29, 2012 (Wednesday)– All switches needed to submitted before 3:00 p.m. on the closing date– All applications need to be submitted before 4.00 p.m. on the closing date Options Growth (Default option) and Div Payout Min Application Rs.5,000/- and multiples of Rs.1/-thereafter Date of Maturity March 02, 2015 (Monday) Date of payout March 03, 2015 (Tuesday) Listing The units are proposed to be listed on BSE or any other recognized Stock Exchange as may be approved by the Trustee, within 5 business days from the date of allotment Loads: Entry Load – NIL Exit Load – Not Applicable (The Units under the schemes cannot be directly redeemed with the Mutual Fund as the Units will be listed on the Stock Exchange/s) --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
------------------------------------------------ Apply for HUDCO Tax Free Bonds forms below Download HUDCO Tax Free Bond Application Forms Submit the filled up form to Collection canter near you
------------------------------------------------ Apply for REC Tax Free Bonds forms below Download REC Tax Free Bond Application Forms Submit the filled up form to Collection canter near you |
Posted: 12 Feb 2012 11:28 PM PST Tax Saving Mutual Funds Online Current open Infra Bond Application form Download REC Tax Free Bond Application Forms THE tax free bonds of the National Highway Authority of India made their debut on the stock market with a bang on Wednesday. At the end of its listing day on the National Stock Exchange, the paper in its two series gained 2.8 and 3.6 per cent. Considering that investors put in their money in the bonds just 34 days ago, their gain was fantastic. Based on Day One returns, the annualised pre-tax return for Series I (8.2 per cent) and Series II (8.3 per cent) works out to 33 and 43 per cent, respectively. At the current market price of the 10-year Series I, the current yield after the listing gains is around 7.78 per cent. This is a tax free rate resulting in a pre-tax yield of 11.26 per cent for the highest tax bracket.
With such mega returns from the NHAI bond, investors will be looking forward to the listing of other tax-free bonds from Power Finance Corporation, IRFC and Hudco. Investors should continue to hold these bonds, as apart from a tax free yield of 7.78 per cent (pre-tax: 11.26 per cent), there is the possibility of further capital gains once RBI starts cutting rates.
The issue was oversubscribed 3.8 times in the QIB category and 2.7 times in the HNI on the first day itself. NHAI began with a plan to raise Rs 5,000 crore from the bonds but ended up with Rs 10,000 crore.
Currently, fixed deposit rates for five years and more are around 9.5-10 per cent. Therefore, for investors in the highest tax bracket, the NHAI bonds should be preferred to FDs. Because of the large issue size of Rs10,000 crore and high institutional interest, liquidity is likely to be better than in the case of other bonds. Therefore, they should be able to transact without much transaction cost in future also. The market price of the bond should improve when inflation dropped. Then one can get a very good price with a fall in the yield. --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
------------------------------------------------ Apply for HUDCO Tax Free Bonds forms below Download HUDCO Tax Free Bond Application Forms Submit the filled up form to Collection canter near you
------------------------------------------------ Apply for REC Tax Free Bonds forms below Download REC Tax Free Bond Application Forms Submit the filled up form to Collection canter near you |
REC to use IRFC quota of tax free bonds Posted: 12 Feb 2012 10:11 PM PST Tax Saving Mutual Funds Online Current open Infra Bond Application form Download REC Tax Free Bond Application Forms Rural Electrification Corporation has received a bonanza from the government in the form of a ~3,000-crore, tax free bond window for this year. The window was created by the Indian Railways, which has not used its entire quota of tax-free bonds. REC would launch the tax free issue by early March, director (finance) HD Khunteta told Business Standard. So far, the company has raised ~22,000 crore this year. The government has included us in the list for tax-free bonds for the first time. The railways had conveyed it did not want to raise any more money this year. This followed the Indian Railways Finance Corporation (IRFC) raising ~7,031 crore under the tax-free route. "The railways had earlier asked for rolling over the unutilised ~3,000-crore window to the next year, but the government decided to let REC utilise this in the current year," he said. The railways borrows money through IRFC, but has reduced its borrowings this year after a 16 per cent cut in its Plan size for 2011-12. The infrastructure bonds were a given tax-free status to encourage flow of funds to the infrastructure sector. In Budget 2011-12, finance minister Pranab Mukherjee had allowed the National Highways Authority of India to raise ~10,000 crore, IRFC ~10,000 crore, Hudco ~5,000 crore and Power Finance Corporation ~5,000 crore through the tax-free bond issue route. Bonds worth an additional ~5,000 crore were allowed for the port sector, but with no dedicated finance company in the sector, this window remained unutilised. Of the total ~30,000 crore to be raised through these agencies, ~25,000 crore would be raised during the year. The interest income on these bonds is tax free in the hands of investor, and there is no deduction of tax at source. The railways had earlier asked for rolling over the unutilised ~3,000-crore window to the next year--------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
------------------------------------------------ Apply for HUDCO Tax Free Bonds forms below Download HUDCO Tax Free Bond Application Forms Submit the filled up form to Collection canter near you
------------------------------------------------ Apply for REC Tax Free Bonds forms below Download REC Tax Free Bond Application Forms Submit the filled up form to Collection canter near you |
Religare Mutual Fund launched new FMP - Religare Fixed Maturity Plan Series XII Plan D Posted: 12 Feb 2012 08:56 PM PST Religare Mutual Fund has unveiled a new fund named as Religare Fixed Maturity Plan Series XII Plan D (14 Months). The new fund offer will be close for subscription on February 14. --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
------------------------------------------------ Apply for HUDCO Tax Free Bonds forms below Download HUDCO Tax Free Bond Application Forms Submit the filled up form to Collection canter near you
------------------------------------------------ Apply for REC Tax Free Bonds forms below Download REC Tax Free Bond Application Forms Submit the filled up form to Collection canter near you |
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