Prajna Capital - An Investment Guide

  You cannot claim a tax deduction on your investments in any fixed deposits with a five-year tenure.   You will have to invest in tax saving / saver fixed deposits that come with a five-year tenure to claim a tax deduction under Section 80C of the Income Tax Act . Tax-saving fixed deposits have a lock-in period of five years and they qualify for a tax deduction of up to   R 1.5 lakh under Section 80C. ----------------------------------------------- Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds Top 10 Tax Saving Mutual Funds to invest in India for 2016 Best 10 ELSS Mutual Funds in india for 2016 1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. Franklin India TaxShield 4. ICICI Prudential Long Term Equity Fund 5. IDFC Tax Advantage (ELSS) Fund 6. Birla Sun Life Tax Relief 96 7. DSP BlackRock Tax Saver Fund 8. Reliance Tax Saver (ELSS) Fund 9. Religare Tax Plan 10. Birla Sun Life Tax Plan In

  What is phishing Phishing is a type of cyber at tack in which Internet users are tricked into divulging sensitive information about their bank ac counts and personal details. Fraudsters who en gage in phishing scams intend to steal your cre dentials to siphon mon ey from your account. 2. How does phishing work? A common online phishing scam starts with a spoofed e-mail message that looks like an official notice from a trusted source, such as a bank, credit card company , or reputable online mer chant. These spoofed mails tell recipients to validate or update their personal credentials failing which their accounts would become inactive and directs them to a website that looks like the genuine organisa tion's website.Unsuspecting customers follow the links in the mail and submit their personal details that fraudsters later use to place orders, services, transfer money from ac counts, etc which ulti mately leads to identity theft. 3. What are the details banks will never ask for

Shiller PE is a better measure of Stock Market Valuation    The traditional PE takes the earnings of the trailing 12 months into account while the Shiller PE uses 10-year data, thus eliminating the possibility of fluctuations.   The broader market indices have fallen in the recent past, but the commonly used valuation ratios, such as the price-to earnings ratio (PE), didn't mirror this fall. This is because earnings per share (EPS), the denominator in this ratio, also came down during this period, thus not allowing any fall in the share prices to be reflected in the PE ratio. This is why experts suggest that investors should look at alternative ratios such as the Shiller PE ratio.   The Shiller PE ratio has been developed by Robert Shiller, winner of the Nobel prize for Economics in 2013 . The main advantage of the Shiller PE ratio is that it eliminates the fluctuations in the regular PE ratio caused by variations in profit margins during busin

  Updating a minor's PAN card once they become adults A PAN card issued in the name of a minor does not contain the minor's photograph or signature, and therefore, cannot be used as a valid proof of identity. Once a minor PAN card holder turns 18, the relevant changes must be made in the PAN records. A new card is then issued bearing a photograph and signature. Application The applicant is required to fill up the "Request for new PAN card andor changes or correction in PAN data" form. The form can be filled up online by accessing NSDL's Tax Information Network website and clicking on the online PAN application tab. Information The applicant must mention the existing PAN number in the application and check the `photo mismatch' and `signature mismatch' boxes, and submit the online form. The form must also be printed out, signed by the applicant, and submitted along with two photographs. Documents Identity and address proof in the form of a copy of the app

Buy Health Insurance Online Process of Health Insurance Transferring from one Insurer to another   ----------------------------------------------- Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds Top 10 Tax Saving Mutual Funds to invest in India for 2016 Best 10 ELSS Mutual Funds in india for 2016 1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. Franklin India TaxShield 4. ICICI Prudential Long Term Equity Fund 5. IDFC Tax Advantage (ELSS) Fund 6. Birla Sun Life Tax Relief 96 7. DSP BlackRock Tax Saver Fund 8. Reliance Tax Saver (ELSS) Fund 9. Religare Tax Plan 10. Birla Sun Life Tax Plan Invest in Best Performing 2016 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

  If you are looking for a loan, it pays to be a woman. Pub lic and private sector banks as well as NBFCs are vying with one another to attract women customers by offering special schemes and attractive loan terms. These cover a wide range of secured loan products, such as home or vehicle loans and unsecured loans for education, business and personal spending. Many of these benefits are extended to cases where the woman is a co-borrower. Home loans When purchasing a home by taking a loan, if the borrower is a woman, the interest rate is lower. SBI's Her Ghar home loan scheme offers a 5 basis points (bps) lower rate for women borrowers. The current rate of interest for women borrowers is 20 bps above the base rate of 9.3 per cent. Now, 5 bps saving may not seem much, but given that the loan amount is typically high, it can add up over the long tenure of the loan. For example, you can save ₹40,000 on a loan of ₹50 lakh, over 20 years. Like

open an NPS account online Use Aadhaar or PAN and bank account details to open National Pension System accounts online   What are multi-asset mutual funds? Multi asset mutual fund schemes would invest in all asset classes like equity, debt and gold. Equity mutual funds invests majority in equity. Debt funds invests majority in debt. On other hand, multi-asset funds invests more in debt (debt + gold) and less in equity. Some of the multi-asset funds invests equally among all these 3 asset classes. These are even called as all-in-one funds. L&T India equity and gold fund, Axis Triple advantage fund, Kotak multi-asset fund, Quantum Multi Asset Fund, Franklin India Multi Asset Solution fund and Peerless 3-in1 fund are some of the mutual fund schemes in this category. Positives in Multi-asset Mutual funds These funds have less exposure to equity and stock market volatility would have less impact on such funds. Hence investors of these funds need not worry