Equity linked savings schemes (ELSS) floated by various fund houses, are equity-oriented mutual fund schemes with an added advantage of tax benefits under various sections of the Income Tax Act,1961. Schemes are floated as per the guidelines that qualify them as eligible schemes U/S 80 C of the Income Tax Act. Like any other equity […]
Investment
Equity linked savings scheme (ELSS)
November 8th, 2009 | by Amit Sahrawat | published in Income Tax, Investment
Track your LIC policies online
August 23rd, 2009 | by Amit Sahrawat | published in Amit Sahrawat, Investment, TIPS
LIC India allows you keeping track of your LIC policies online with them. You need to register at http://www.licindia.com and enroll the policies you have. Once you register with licindia, a reminder would be sent to you whenever your premium date is near, and the most important part is it allows you keeping account of […]
Dividend Announced – DSP BlackRock India T.I.G.E.R. Fund
June 20th, 2009 | by Amit Sahrawat | published in Investment
As per the mail received from the DSP Blackrock Investment managers (communications@dspbrimin.com), dividend statement is as given below. The Trustees of DSP BlackRock Mutual Fund have declared a tax-free dividend as follows:Â Â Â Dividend per unit Rs. 2/- Face Value per Unit Rs. 10/- per Unit NAV (as on June 17,2009) Rs. 17.429
LIC launches new superannuation plan
May 14th, 2009 | by Amit Sahrawat | published in Investment
Life Insurance Corp has launched a new unit-linked group Superannuation Plus plan, where every employee of a firm will get the freedom to choose the investment option according to the risk appetite. Considering general term a pension is an arrangement to provide people with an income when they are no longer earning a regular income […]
LIC Introduced Money Back Policy Jeevan Varsha
March 22nd, 2009 | by Amit Sahrawat | published in Investment
by Gian Brett Recently, Life Insurance Corporation of India introduced guaranteed money back plan – Jeevan Varsha. LIC has launched the policy in the replacement of Jeevan Astha. The policy would be available from 16th February, 2009 to 31st March, 2009. It is a market based plan. Jeevan Aastha Policy of LIC was also a […]
IPO-“Initial Public Offering” a Universal Online Share Trading
March 22nd, 2009 | by Amit Sahrawat | published in Investment
by Mr. Rajesh The 2 Year factor A Company which aims to go public should act like a Public company in advance of two years as the preferred IPO. Once a company plans to go Public, it should select the IPO team. This would include a lead investment bank, an accountant and a law firm. […]
Life insurance to safeguard your future
March 16th, 2009 | by Amit Sahrawat | published in Investment
by Juanita Martinez Life insurance is a financial tool that helps protecting the interests of the family members at the event of a premature death of the bread earner of the family. Hence, if you have financially dependant family members, you may consider buying a life insurance plan. Life insurance plan works as a risk […]