Securities and Exchange Board of India (SEBI) has announced that it would allow mini contracts for derivatives based on Sensex and Nifty … [Read more...]
Trusts to be allowed to invest in securities
December 25, 2007 by ·
Government has decided to amend laws that restrict trusts from investing in securities. … [Read more...]
Healthy growth in Advance Tax payments by Blue Chips
December 18, 2007 by ·
Early advance tax payers have shown a significant increase in the advance tax paid. Is this a proof of a healthy economy? … [Read more...]
Direct Tax collections up by 42.5%
December 18, 2007 by ·
The Direct Tax collection for the period April 1 to December 15 has gone up by 42.5% compared to the same period last year. … [Read more...]
Reliance Money to introduce PMS for the masses
December 13, 2007 by ·
Reliance Money would be introducing Portfolio Management Service (PMS) in January 2008, with an entry level investment of only Rs. 5 Lakhs. … [Read more...]
Tax sops for Post Office schemes, bonus on PO MIS
December 7, 2007 by ·
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). … [Read more...]
Cap for PO Monthly Interest Scheme (MIS) increases
December 3, 2007 by ·
The limit for investment in the Post Office MIS has been increased by 50%. … [Read more...]
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