Prajna Capital - An Investment Guide

                                                              SECURE & SAFE Upcoming issues of bonds is a golden opportunity for small investors                                        There is good news for investors in debt instruments . PSUs will issue tax-free bonds worth `40,000 crore in this financial year. For retail investors, classified as individuals who put in up to `10 lakh, the coupon rate of AAA -rated bonds will be about 55 basis points below the yield of government bonds of equal tenure. For HNIs , the rate will be 80 basis point lower. Experts feel this is a great opportunity for small investors to lock in at high rates for the long term. The coming bond issue provides a lucrative opportunity to lock-in to high yields for a long time in a more tax-efficient avenue. Tax-free bonds are long-term instruments, with tenures of 10, 15 and 20 years. The longer the tenure, the highe...

ICICI Bank has launched a fully-automated locker in New Delhi called Smart Vault . It uses robotic technology to access lockers from the vault and allows customers round-the-clock access at a secure lounge, without intervention of branch staff. The vault is secured with biometric, debit card and PIN authentication, difficult-to-replicate dimple keys and unbreakable locks. It also offers a biometric alert facility, SMS alerts, a team to answer calls 24X7, as well as armed guards.       Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015 1. ICICI Prudential Tax Plan 2. Reliance Tax Saver (ELSS) Fund 3. HDFC TaxSaver 4. DSP BlackRock Tax Saver Fund 5. Religare Tax Plan 6. Franklin India TaxShield 7. Canara Robeco Equity Tax Saver 8. IDFC Tax Advantage (ELSS) Fund 9. Axis Tax Saver Fund 10. BNP Paribas Long Term Equity Fund You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds Invest in Tax Saver Mutual Funds Online - Invest Online Download Applic...

DSP BlackRock Mutual Fund   has announced dividend under the dividend option of   DSP BlackRock Tax Saver Fund. The quantum of dividend shall be   R 0.5 per unit. The record date has been fixed as August 21, 2015. Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015 1. ICICI Prudential Tax Plan 2. Reliance Tax Saver (ELSS) Fund 3. HDFC TaxSaver 4. DSP BlackRock Tax Saver Fund 5. Religare Tax Plan 6. Franklin India TaxShield 7. Canara Robeco Equity Tax Saver 8. IDFC Tax Advantage (ELSS) Fund 9. Axis Tax Saver Fund 10. BNP Paribas Long Term Equity Fund You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds Invest in Tax Saver Mutual Funds Online - Invest Online Download Application Forms For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call --------------------------------------------- Leave your comment with mail ID and we will answer them OR You can write to us at PrajnaCapital [at] Gmail [dot] Com OR Leave a mi...

                                                                Here are a few little known deductions that can be claimed at the time of filing the tax return.                                        Most tax payers are familiar with the t ax deductions under Sec 80C and 80D . But there are several other deductions that a tax payer can avail. We list out a few. Home loan processing fee and other charges Home loan customers are aware of the tax benefits on the loan interest and principal repayment. But even the processing fees qualifies for deduction under Section 24. The processing fees and other charges are considered as interest and can be claimed as a deduction. Interest on personal loan for down payment Section 24 covers more than just interest on the home loan. It also includes the interest paid on any loan taken for the purchase, renovation or reconstru...

SBI Life Insurance has launched Smart Swadhan Plus , a traditional, non­participating, term assurance plan. If the insured outlives the policy period, 100% of the total basic premiums paid during the policy tenure will be paid as lump sum. Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015 1. ICICI Prudential Tax Plan 2. Reliance Tax Saver (ELSS) Fund 3. HDFC TaxSaver 4. DSP BlackRock Tax Saver Fund 5. Religare Tax Plan 6. Franklin India TaxShield 7. Canara Robeco Equity Tax Saver 8. IDFC Tax Advantage (ELSS) Fund 9. Axis Tax Saver Fund 10. BNP Paribas Long Term Equity Fund You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds Invest in Tax Saver Mutual Funds Online - Invest Online Download Application Forms For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call --------------------------------------------- Leave your comment with mail ID and we will answer them OR You can write to us at PrajnaCapital [at] Gm...

Birla Sun Life Mutual Fund   has announced that SIP/SWP/STP registration shall be discontinued in case three consecutive installments are not honoured by the investors. The change will be effective from September 1, 2015. Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015 1. ICICI Prudential Tax Plan 2. Reliance Tax Saver (ELSS) Fund 3. HDFC TaxSaver 4. DSP BlackRock Tax Saver Fund 5. Religare Tax Plan 6. Franklin India TaxShield 7. Canara Robeco Equity Tax Saver 8. IDFC Tax Advantage (ELSS) Fund 9. Axis Tax Saver Fund 10. BNP Paribas Long Term Equity Fund You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds Invest in Tax Saver Mutual Funds Online - Invest Online Download Application Forms For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call --------------------------------------------- Leave your comment with mail ID and we will answer them OR You can write to us at PrajnaCapital [at] Gmail [dot] Com OR ...

Deposit Interest Rates in the Shriram City Union Finance Fixed Deposits for our company. The new rates become effective from 1 st September 2015 . The Interest Rates structure will be as under: DEPOSIT (SCUF) NORMAL SCHEME (W.E.F. 1st Sept 2015 ) Non cumulative Deposits Cumulative Deposit Period (months) Monthly % p.a Quarterly % p.a Half yearly % p.a Yearly %p.a Effective Yield % p.a maturity value for Rs 5000/- 12 8.65 8.71 8.81 9.00 9.00 5,450 24 8.65 8.71 8.81 9.00 9.41 5,941 36 8.88 8.95 9.05 9.25 10.13 6,520 48 8.88 8.95 9.05 9.25 10.62 7,124 60 8.88 8.95 9.05 9.25 11.13 7,783 Additional Interest for Senior Citizen Deposits has been reintroduced and will be 0.25%. The senior citizen benefit will be based on effective date /date of deposit. The investor must be /should have been a senior citizen on the date of deposit to get the benefit of senior citizen rate. Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015 1. ICICI Prudential Tax Plan 2. Reliance Ta...