Prajna Capital - An Investment Guide

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   Lately, depositors have seen negative returns on fixed income investments, as inflation has been high and interest rates low — while inflation has been hovering at about 10 per cent, interest rates on fixed deposits stand at an average of eight per cent, leaving investors saddled with a loss of two per cent on their investments. However, that might not be the case anymore. Soon, the Reserve Bank of India will launch inflation- indexed bonds, a boon during times of high inflation. These bonds would be linked to the wholesale price index ( WPI). How it works Inflation- indexed bonds would have a fixed real coupon rate and a nominal principal value, adjusted against inflation. Periodic coupon payments are paid on an adjusted principal. Therefore, these bonds provide inflation protection to...

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India) The Dividend Distribution Tax ( DDT ) on debt funds is expected to rise from 12.5% to 25%, similar to the existing structure of on liquid funds, from the June 1. Further, the surcharge on the DDT on both liquid funds and debt funds has been raised from 5% to 10%. These measures have been introduced in this year's budget to remove the tax arbitrage advantage that currently debt mutual funds have when compared to fixed deposits (FDs). DDT is applicable to the dividend plans of debt funds, while capital gains tax is applicable to the growth plans of debt funds. From June 1, the new DDT (including the 10% surcharge and the 3% education cess) would be 28.325% for debt funds with dividend plans. If an investor opts to invest in a debt mutual fund with growth option for less than a year, then t...

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)     T oday securing credit is not a mean task. Gone are the days when your ability to repay would be the only binding criteria for credit. Like a student who is awarded admission in a reputed institution only on the basis of his progress report, which gives an idea of her ability to present the knowledge she is expected to deliver, today, for every credit-seeker, there is Credit Information Bureau India Limited ( CIBIL ) credit report. It is a report that gives details of all transaction done by you related to repaying credit. Repaying on time and before due date naturally enhance your CIBIL score. While most recent borrowers may be aware of CIBIL, there are very few of them who know that a CIBIL score of over 750 is a clear indication that you are conscientious borrower. Unquestionably today if y...

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   Last date for filing income-tax return for AY 2012-13 is July 31 INCOME-TAX on any interest income of above Rs 10,000 from savings bank accounts and from fixed deposits have to be disclosed and paid while filing one's annual income-tax return. The last date for filing returns for the assessment year 2012-13 is July 31 unless the government extends it, as it did last year. For salaried people, the tax is deducted at source by the employer but income tax on incomes from other sources have to be computed and mentioned while filing the annual tax return. Individuals must also be mindful of the tax dues on their incomes from other sources, which include any interest income of above Rs 10,000 from their savings bank accounts and from their fixed deposits. The interest income from all fixe...