NRI: Are There Any Income Tax Exemptions in India

For an NRI, are there any tax exemptions in India...!  Reply by Ms. Sonu Iyer, Tax Partner and National Leader, Human Capital Services, EY There are certain incomes that are fully exempt. Long-term capital gain arising from transfer of equity shares or units of equity-oriente…

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Indians use 240 Cr Condoms Annually..!

International  Condom Day 14 February Indians use close to 240 Cr (2.4 billion) condoms annually, of which about 60 lakh given away free, while another 80 lakh are subsidised through some form of government intervention. The size of the commercial market is about Rs. 800 crore.…

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India Record IPO Subscriptions..!

VRL Logistics' initial public offer (IPO) was oversubscribed by more than 74 times earlier April 2015. Previous record IPO subscriptions include those of Power Finance Corporation (PFC), subscribed 77.2 times in 2007 & Reliance Power, subscribed 73 times in 2008. 

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Eight Ways Your Family Can Help You Save Tax, Legally...!

8 Ways Your Family Can Help You Save Income Tax, Legally...! Here are ways in which investing for family can help you save tax Bad news for tax evaders.In another move to curb black money transactions in the country , the government has recently proposed to make `benami' …

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Average Contribution of FIIs in May has been only 1% of the total FII Inflows...!

Foreign institutional investors (FIIs) have sold Indian equities worth a billion dollars (excluding the Sun Pharma block deal) in the last 10 days. The trend is unlikely to reverse in May if one goes by history . According to data compiled by ET Intelligence Group , on averag…

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Income Tax payers In India

Income Tax payers In India

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SBI MF Debt Fund Series B - 16, a close ended debt scheme. NFO

SBI Mutual Fund (MF) has unveiled a new fund named as SBI MF Debt Fund Series B - 16, a close ended debt scheme. The tenure of the scheme is 1100 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for …

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Edelweiss MF Exchange Traded Scheme - NIFTY - Edelweiss MF NIFTY EES

Edelweiss Mutual Fund has launched a new fund named as Edelweiss MF Exchange Traded Scheme - NIFTY (Edelweiss MF NIFTY EES), an open exchange traded fund. The new fund offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 24 Apr…

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USE OF WOOD IN HOUSING...!

by Dr. D.Sivaprakasam M.Com., M.Phil., B.G.L., PGDCA., Ph.D., Principal, Dr. R.A.N.M. Arts and Science College, Erode. An article from Our Building & Construction, April 2015 MAIN STRUCTURAL ELEMENT Use of wood in housing is as old as dwellings, dating back to the very first…

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Quantum MF Dynamic Bond Fund NFO

Quantum Mutual Fund (MF) has launched a new fund named as Quantum MF Dynamic Bond Fund, an open ended debt scheme with defined credit exposure & dynamic maturity profile.  The tenure of the scheme is 1480 days from the date of allotment.  The New Fund Offer (NFO) price fo…

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