| November 30, 2012
Insurance Journal TV
New Discussions in the ForumsSmall agency looking for personal lines carrier Posted: Fri Nov 30 -- We are a small insurance agency looking to get back into personal lines P&C after 6 years out of the business. Does anyone know of a carrier... msidden Freight Forwarding in Ca Posted: Thu Nov 29 -- Sounds like your applicant requires a BMC-84 Property Bond ($10,000) to be filed with the FMCSA. Additionally this would dictate broker's... Miguelito Tower Erection Contractor Posted: Wed Nov 28 -- Thanks bkrigsman! I appreciate the response! Halpert Exotic car, bad driver!! Posted: Wed Nov 28 -- How does an exotic car repair shop get onto the list of available repair shops for an insurance company? autorepairframingham Amerisure Mutual Posted: Mon Nov 26 -- We don't know of any MGA's with Amerisure. But we and other retail agents have access. Perhaps you can broker a deal with a retail agent.... bkrigsman Attorney considering CPCU- thoughts? Posted: Wed Nov 21 -- I think it's always wise to think ahead and be prepared for multiple opportunities and interests which may come along. I have several... InsuranceVet Benelect wrap around plans Posted: Tue Nov 20 -- We are looking to place one of our group health accounts with Benelect which is a wrap around plan. I wanted to see if anyone else has used... JAM Reader CommentsHigh-Security Driver's License Runs Into Opposition in States Posted: Tue Nov 27 -- Call me crazy, but I'd way rather see us not borrow another $11,000,000,000.00 to implement easily hackable chipped ID cards (and black and... ExciteBiker Investigation Ongoing in Huge Texas Highway Wreck Posted: Mon Nov 26 -- What's amazing is that pileups like this don't happen every 10 minutes, since nowadays the typical interstate highway is a never-ending... Roland Monsters Under the Bed: Insurance Coverage Gaps and Other Invisible Exclusions Posted: Wed Nov 28 -- this should have been labled as "very slanted opinion piece" instead of letting us assume it might be a "news article". sos, IJ must have... bob Indiana Truck Driver Logs 3 Million Miles of Safety Posted: Thu Nov 29 -- Congratulations and thanks to Mr. Batt. It is a wonderful milestone. So many drivers think only of themselves and where they want to go or... v Oklahoma Judge: Hobby Lobby Must Offer Morning-After Pill Posted: Mon Nov 26 -- Chrisitan Scientists are against healthcare of any kind. Having healthcare coverage of any kind is a violation of their reigious freedom.... Don't Call Me Shirley | Subscriber ToolsCurrent IssueMore NewslettersMarket DirectoriesNew Insurance JobsHow to AdvertiseFor information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties. Copyright © 2012 by Wells Media Group, Inc. |
Friday, November 30, 2012
Daily Headlines: Friday, November 30, 2012
Prajna Capital
Prajna Capital |
| New KYC Norms for Mutual Funds from December 2012 Posted: 29 Nov 2012 10:00 PM PST All Mutual Funds have implemented uniform KYC (Know Your Customer) norms in accordance with the SEBI Circular pertaining to the same. An existing investor who has not submitted the KYC norms shall have to submit the same along with the necessary documents at any of the SEBI registered intermediaries. In Person Verification will be necessary at the time of submission. The above formalities have to be mandatorily completed by November 30, 2012 before making any new investments.
Happy Investing!!
We can help. Call 0 94 8300 8300 (India)
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 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 )
Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now | ||||||||||||
| Posted: 29 Nov 2012 08:55 PM PST
UTI Mutual Fund has announced the entire distributable surplus as dividend under the dividend option of UTI fixed income fund interval fund -monthly interval plan II. Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
Happy Investing!!
We can help. Call 0 94 8300 8300 (India)
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 Download Mutual Fund Application Forms from all AMCs Download Mutual Fund Application Forms Best Performing Mutual Funds
Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now | ||||||||||||
| Posted: 29 Nov 2012 06:52 PM PST Choose an instrument that carries AA or higher rating THE interest rates on bank fixed deposits (FDs) are falling. While most top banks are offering an interest rate between 7 and 8.75 per cent for deposits below Rs 15 lakh with one-year maturity, company deposits of various housing finance companies (HFCs) and non-banking finance companies (NBFCs) on the other hand are offering more than 9 to 10 per cent. For maturity period of two to five years, the company FDs are offering yields of 10.23-13.36 per cent. Although the return may be high, company FDs are more risky and unsecured (not secured against a collateral), compared with bank FDs. In case a company goes kaput, you will not get your money back. Also, remember that fixed deposits of all banks (including foreign banks, regional rural banks and co-operative banks) are insured up to Rs 1 lakh by the Deposit Insurance and Credit Guarantee Corporation (DICGC) against default of banks due to liquidation, cancellation of banking licence or merger. There is no such guarantee on company FDs. Here are a few factors you should consider before investing in a company FD: Check the financials of the company: Since, economic slowdown is affecting several companies, it is advisable to invest in reputed and strong firms. Check the credentials and financials of the company in which you are investing. A strong company that regularly pays out dividends and has no losses, would be safer than a company that offers very high interest rate but is posting regular losses. The key factors to look into would be profits, growth, capital adequacy, non-performing assets and a low debt to equity ratio.
Tax deducted at source (TDS): TDS will be deducted if the interest on a company FD exceeds Rs 5,000 in a financial year. Therefore, spread your investments in multiple FDs if your interest is going to be more than Rs 5,000 from one FD. Also, calculate the post-tax return before investing. A pursuit of higher returns from company FDs comes with risks that are not commensurate with the extra post-tax return you will get from it, compared with the slightly-lower posttax returns from bank FDs and debt schemes of mutual funds. So, be a bit wary. Happy Investing!! We can help. Call 0 94 8300 8300 (India) 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 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 )
Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now |
| You are subscribed to email updates from Prajna Capital - An Investment Guide To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |