Thursday, July 31, 2014

[New post] From Jean Haines 7-31-14… “Veronica Keen says: We were successful!”

kauilapele posted: "Just saw this at Jean's blog. Looks like great news... --------------------------------------------------- Veronica: Gabriel, who is a Director of the Montague Keen Foundation described what he received in meditation: Very interesting — we were success"

[New post] 7-31-14 False Flag (formerly Dynamic Duo) Weekly News

kauilapele posted: " http://youtu.be/ZLzxSGgFNWs All I will say here is that "Gaza news" starts at 0:00 and "Ukraine News" starts at about 36:00. [Kp note: My personal view of these shows is this... "I allow to come in, the news, but "dark" views of them I refuse." In"

Insurance Journal Co-Sponsors Survey - Last chance to participate!

Insurance Journal is co-sponsoring the 29th Annual Market & Financial Outlook Survey conducted by MarshBerry & Co.


This exclusive survey compiles anonymous independent agency information along with financial, market, carrier and technology data and then summarizes the findings in MarshBerry's State of the Industry Outlook report.

Agency owners and principals: Participate now and receive a complimentary copy of the survey report for MarshBerry's 29th Annual Market & Financial Outlook Survey.

The report provides key market fundamental data, agency performance and valuation detail, along with expert analysis on the make-up of the insurance distribution marketplace.

Agency owners and principals may take the survey, by August 1, 2014.

The survey asks key questions such as:
  • What growth and profit expectations do agencies have for this year?
  • What external factors impact agency performance?
  • What agencies want most from their carriers?
  • What lines of coverage are difficult to place?
  • Hiring trends in the coming year?
  • Are agencies adequately investing in the next generation?
  • What are the developing trends in resource allocation?
  • What's the M&A landscape look like?
Click here to participate in the 29th Annual Market & Financial Outlook Survey conducted by MarshBerry, and sponsored by Insurance Journal.

Founded in 1981, MarshBerry assists insurance agents, brokers and carriers in merger and acquisition advisory, financial consulting, organic growth consulting, information services and peer exchange networks.

For more information contact Andrea Wells at awells@insurancejournal.com or Megan Bosma at Megan.Bosma@MarshBerry.com

Andrea Wells
Editor-in-Chief
Insurance Journal
800-897-9965 x152
awells@insurancejournal.com
Copyright © 2014 Wells Media Group, Inc., All rights reserved.

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Prajna Capital

Prajna Capital


ECS for NPS Investing

Posted: 31 Jul 2014 06:45 AM PDT

Download Tax Saving Mutual Fund Application Forms

Invest In Tax Saving Mutual Funds Online

Buy Gold Mutual Funds

Leave a missed Call on

94 8300 8300

 

ECS for NPS Investing

The National Pension System provides the ECS mandate facility to its subscribers to let them invest electronically. Find out more

 

NPS provides an ECS mandate facility to its subscribers to let them invest electronically by giving an auto debit mandate to their banks. Download the ECS Mandate form from the Point of Presence (PoP) website or collect the mandate form from the PoP with which you wish to register for making ECS payment. Units will be allotted at NAV based purchase price declared on the fourth day of ECS debit made on the subscriber's bank account. In case the date falls on a non-business day, the immediate next business day will be taken into account for the purpose of determining the NAV.

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

Leave a missed Call on 94 8300 8300

Leave your comment with mail ID and we will answer them

OR

You can write back to us at

PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Download Mutual Any Fund Application Forms

---------------------------------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Franklin India Bluechip
      4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds Invest Online

      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
      4. Birla Sun Life Front Line Equity Fund
      5. Franklin India Prima

C. Mid and SmallCap Funds Invest Online

      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
      5. Birla Sun Life Dividend Yield Plus
      6. SBI Emerging Businesses Fund
      7. HDFC Mid-Cap Opportunities Fund
      8. ICICI Prudential Discovery Fund

D. Small and MicroCap Funds Invest Online

      1. DSP BlackRock MicroCap Fund
      2. Franklin India Smaller Companies

E. Sector Funds Invest Online

      1. Reliance Banking Fund
      2. Reliance Banking Fund
      3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

      1. DSP BlackRock Tax Saver Fund
      2. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds Invest Online

      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
      4. Birla Sun Life Gold

H. International funds Invest Online

1. Birla Sun Life International Equity Plan A

2. DSP BlackRock US Flexible Equity

3. FT India Feeder Franklin US Opportunities

4. ICICI Prudential US Bluechip Equity

5. Motilal Oswal MOSt Shares NASDAQ-100 ETF

Gold ETFs and Budget 2014

Posted: 31 Jul 2014 03:36 AM PDT

Download Tax Saving Mutual Fund Application Forms

Invest In Tax Saving Mutual Funds Online

Buy Gold Mutual Funds

Leave a missed Call on

94 8300 8300

 

Gold ETFs and Budget 2014

 

The tax advantage they enjoyed over physical gold has been done away with

Last year, gold exchange traded funds (ETFs) had gained a great deal from the depreciation in the rupee and the UPA government's move to impose additional levy on gold imports, making it an attractive option for investors. The landed price of the yellow metal had surged, pushing up the net asset value (NAV) of gold ETFs.

However, the recent budget proposal by Finance Minister Arun Jaitley has thrown a spanner in the works for gold fund investors. The revised tax structure for all non-equity funds, including gold ETFs and gold savings funds, and the extension of the holding period from 12 to 36 months to be eligible for long-term capital gains, have effectively changed the product proposition of paper gold. Does this mean gold ETFs have lost their advantage over physical gold?


Eroding advantage To qualify as long-term capital gains, the minimum holding period for gold ETFs (considered as mutual fund units) was one year, and was taxed either at a flat rate of 10% or at 20% after indexation (where gains are adjusted for inflation). Physical gold, on the other hand, had to be held for at least three years to be termed as long-term capital gains, taxed at 20% with indexation. Now, the finance minister proposes to bring physical gold and gold ETFs on an even keel by raising the holding period to 36 months for both and taxing it higher at 20% with indexation benefits, from the earlier 10% for gold ETFs


The move will rob the common man of the advantage of investing in pa per gold to some extent. There are still lots of factors that make gold ETFs a more efficient alternative to buying gold in physical form.

Owning physical gold, whether certified gold coins and bars, or jewellery, is a hassle. Jewellery, for instance, should never be an investor's pick simply because you have to pay a hefty sum over and above the metal's price as part of wastage and making charges. You will also lose out when you sell it--the jeweller usually deducts 5-10% from the prevalent rate of the yellow metal. While you can buy certified gold bars or coins from banks, you cannot sell them back. Besides, the actual purity of gold can be suspect. The other concern is the safekeeping of physical gold where you might have to hire a locker to store it, adding to your costs. In comparison, paper gold not only offers the convenience of holding it in the electronic form, but the questions on the purity of the metal do not crop up. Besides, you can buy gold ETFs equivalent to even half a gram of physical gold, allowing you to invest smaller amounts in the precious metal. The ability to buy gold ETFs in smaller denominations provides respite to those who cannot shell out a lump sum.

Moreover, physical gold also contributes to your wealth tax outgo.
What you should do Gold fund investors may have to rethink their investment strategy.

The game has changed for all those who are looking to hold gold investments for less than three years." If you are invested in gold ETFs, it would be prudent for you to wait till your investment completes three years. "Not much has changed for long-term investors, but those looking to make quick gains from gold investments are stuck. Experts say one must take a decision based on the expected gold price movement. If you expect gold prices to fall in the short term, book profits now and invest the proceeds in better alternatives. If you expect gold prices to head north, then stay put.

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

Leave a missed Call on 94 8300 8300

Leave your comment with mail ID and we will answer them

OR

You can write back to us at

PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Download Mutual Any Fund Application Forms

---------------------------------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Franklin India Bluechip
      4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds Invest Online

      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
      4. Birla Sun Life Front Line Equity Fund
      5. Franklin India Prima

C. Mid and SmallCap Funds Invest Online

      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
      5. Birla Sun Life Dividend Yield Plus
      6. SBI Emerging Businesses Fund
      7. HDFC Mid-Cap Opportunities Fund
      8. ICICI Prudential Discovery Fund

D. Small and MicroCap Funds Invest Online

      1. DSP BlackRock MicroCap Fund
      2. Franklin India Smaller Companies

E. Sector Funds Invest Online

      1. Reliance Banking Fund
      2. Reliance Banking Fund
      3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

      1. DSP BlackRock Tax Saver Fund
      2. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds Invest Online

      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
      4. Birla Sun Life Gold

H. International funds Invest Online

1. Birla Sun Life International Equity Plan A

2. DSP BlackRock US Flexible Equity

3. FT India Feeder Franklin US Opportunities

4. ICICI Prudential US Bluechip Equity

5. Motilal Oswal MOSt Shares NASDAQ-100 ETF

Filling Tax Returns Online

Posted: 31 Jul 2014 01:05 AM PDT

Download Tax Saving Mutual Fund Application Forms

Invest In Tax Saving Mutual Funds Online

Buy Gold Mutual Funds

Leave a missed Call on

94 8300 8300

 

Filling Tax Returns Online

 

 





THE LAST date for filing Income Tax (I-T) returns is just about a week away and it's time to get your documents in order to get started with the process. If you have a taxable income of over `5 lakh, you must file the returns online. The process has become less complicated this year with the I-T department's official e-filing site (incometaxindiaefiling.gov.in) introducing the much simpler Java utility .

It is user-friendly and faster, with separate tab for head of income and tax details being provided. Also provided is the option to pre-fill some personal and tax information such as PAN (permanent account number), name, TDS etc.

However, keep your bank statements, Form-16 issued by your employer and a copy of the last year's returns near you before you begin.

You then need to register yourself on the portal, where your PAN will act as your user ID. You can click on `Quick e-file ITR' on the left hand side menu and follow the instructions after selecting the applicable form. Pay the income tax due, if any; verify all the information and hit the `submit' key . Finally , if you haven't filed the return using a digital signature, you need to print the verification form (ITR-V), sign it using a blue ink and send it to the I-T department's central processing centre in Bangalore by ordinary or speed post, within 120 days of filing your returns electronically .


PAY AND FILE

If you find the task daunting, you may also use private portals like taxsmile.com, cleartax.in and myITreturn.com that facilitate filing of return. You can also check out mobile applications from BlackBerry and makemyreturns.com.

The private portals essentially offer two types of plans -one, where you are required to complete the process on your own and the other, where the portal's helpdesk assists you. If your return-filing is complex and detailed, consider opting for this assistance.


But you will have to pay a fee of `299-1,500, depending on the site and your requirements. Those earning less than ` 5 lakh are offered this service for free.

For those drawing an income of over `5 lakh, we charge a fee. All calculation engines are embedded (filer need not know the tax laws) in the page, making it easy to file returns. In addition to these, the portals also offer value-added services like tax credit verification, ITR-V submission and refund tracking for a fee. Our income tax return review service entails tax experts scrutinising the return prepared by users. This helps in ensuring accuracy.

CHOOSE SITES CAREFULLY

I-T department recently put out a cautionary advice against using certain mobile applications without naming any, stating that one must use them at their own risk. So, ensure that you are using a legitimate portal or an application.

Check if firm's policy states that your data won't be shared with third parties without consent. Moreover, see its track record too.

You need to assure yourself that the sensitive information that you provide will not be misused. Therefore, do a background check to ascertain the return filing portal's reputation and its parent company's antecedents. Transacting through credible entities will provide some comfort.

Considering that the new version of the forms on the department's portal is simpler, attempt filing on the official site first.

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

Leave a missed Call on 94 8300 8300

Leave your comment with mail ID and we will answer them

OR

You can write back to us at

PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Download Mutual Any Fund Application Forms

---------------------------------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Franklin India Bluechip
      4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds Invest Online

      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
      4. Birla Sun Life Front Line Equity Fund
      5. Franklin India Prima

C. Mid and SmallCap Funds Invest Online

      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
      5. Birla Sun Life Dividend Yield Plus
      6. SBI Emerging Businesses Fund
      7. HDFC Mid-Cap Opportunities Fund
      8. ICICI Prudential Discovery Fund

D. Small and MicroCap Funds Invest Online

      1. DSP BlackRock MicroCap Fund
      2. Franklin India Smaller Companies

E. Sector Funds Invest Online

      1. Reliance Banking Fund
      2. Reliance Banking Fund
      3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

      1. DSP BlackRock Tax Saver Fund
      2. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds Invest Online

      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
      4. Birla Sun Life Gold

H. International funds Invest Online

1. Birla Sun Life International Equity Plan A

2. DSP BlackRock US Flexible Equity

3. FT India Feeder Franklin US Opportunities

4. ICICI Prudential US Bluechip Equity

5. Motilal Oswal MOSt Shares NASDAQ-100 ETF