World Soil Day 5 December

World Soil Day  5 December "On World Soil Day, I call for greater attention to the pressing issues affecting soils, including climate change, antimicrobial resistance, soil-borne diseases, contamination, nutrition and human health."  —  UN Secretary-General, Ban Ki-…

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Mutual Funds Investment Objective

Mutual funds are a mechanism for pooling the resources of different investors & investing the collected funds in accordance with specific objectives, in securities so as to realise the investment objective. The investment objective is based largely upon the investors’ ca…

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TAX ON LONG-TERM CAPITAL GAINS

TAX ON LONG-TERM CAPITAL GAINS  Introduction Gain arising on transfer of capital asset is charged to tax under the head “Capital Gains”. Income from capital gains is classified as “Short Term Capital Gains” and “Long Term Capital Gains”.  In this part you can gain knowledge a…

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Car Loans: Documents Required

Documents Required for Salaried / Professional / Self-employed / Businessmen You would need to submit the following documents along with the completed application form if you are an existing Savings bank or current account holder of that bank: Documents Required..!     # State…

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Statewise BALANCED SCHEMES Mutual Fund Investment Full details Jan 2016

Table showing State wise / Union Territory wise contribution to AAUM of category of schemes for  Jan-2016 All AMC (All figures in Rs. Crore) S.no Name of the States/ Union Territories BALANCED SCHEMES 1 Andaman and Nicobar Islands 3.71 2 Andhra Pradesh 932.30 3 Arunachal Pradesh 4.17 4 …

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Capital Gains Tax Based on Guideline Value..!

Property Sales:  Capital Gains  Tax Based  on Guideline Value..! by Mr. G. KARTHIKEYAN,  Coimbatore Ms. Chitra Kumar sold a plot of land for Rs. 54 lakh. The guideline value of the property as assessed by the stamp duty authorities is about Rs. 72 lakh. Stamp duty on transfer was…

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