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SEBI allows mini contracts for Sensex, Nifty derivatives

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

Government has decided to amend laws that restrict trusts from investing in securities. … [Read more...]

Healthy growth in Advance Tax payments by Blue Chips

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%

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

 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

 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

The limit for investment in the Post Office MIS has been increased by 50%. … [Read more...]