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- New Ebook Launched: "Investing In Gold - Everything You Should Know" (Jun 17, 2008)
New eBook launched: Investing in Gold - Everything you should know
I am proud to announce the first eBook from www.RaagVamdatt.com: Investing in Gold: Everything you should know.
It is exactly what the name says: It has all the basic information that you need to start investing in Gold - Why gold should be a part of your portfolio, how gold should be bought, how much of it should be bought, and lots of other useful information.
This ebook would be offered FREE to all new members on registration.
To download the eBook, logged-in members can go to: Downloads >> Free eBooks >> "Investing in Gold: Everything you should know"
Alternatively, it can be downloaded using this link. (You should be logged-in)
Articles: Tax sops for Post Office schemes, bonus on PO MIS
The government has announced that some of the tax sops on Post Office schemes would be restored. A bonus of 5% would also be paid on the Monthly Income Scheme (MIS) / Monthly Income Account (MIA).
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The government has announced that the benefit under Section 80C of the Income Tax Act (IT Act) would be extended to two Small
Savings Schemes:
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This benefit will be available on investments made on or after 1 April, 2007.
The government has also restored the bonus on Post Office Monthly Income Scheme (PO MIS) / Post Office Monthly Income Account (PO MIA). The bonus would be paid at the rate of 5%, upon maturity. This would be applicable for new accounts opened on or after Dec 8th, 2007.
The effective yield would jump to 8.9% (from the current 8.3%) due to this bonus.
It should be noted that there was a bonus of 10% on Post Office Monthly Income Scheme (PO MIS) / Post Office Monthly Income Account (PO MIA) earlier, but it was withdrawn by the government some time back.
These steps have been taken as a measure to encourage and promote small savings.
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Note: Please treat the opinion expressed here as a broad suggestion. Please consult your financial planner / investment advisor before making any investment decision.
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