Reserve Bank of India has hiked the key interest rate by 0.25% to 6.50%.

The Reserve Bank of India (RBI) has hiked the key interest rate by 25 basis points (0.25%) to 6.50%. This is in line with the street expectations. It is the RBI's sixth consecutive rate hike this year to combat rising prices. The RBI slowed the pace of hikes as the inflat…

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HCC Conducts the programme on MASTER HEALTH CHECK UP FOR MSMEs on IT

HCC Conducts the programme on "MASTER HEALTH CHECK UP FOR MSMEs on IT" on Friday, the 10th February 2023 at 6.00 pm at Chamber Premises,  Greams Road, Chennai. Please register using the link given below: http://bitly.ws/zDum For HCC Members: Rs 199 +18 % GST For Non M…

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Budget 2023-24 Sundaram mutual fund meeting by Sunil Subramaniam MD

Budget 2023-24  Sundaram mutual fund meeting  by  Sunil Subramaniam MD

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Budget 2023-24 when old tax regime is better? calculation

Budget 2023-24 when old tax regime is better? calculation Old regime is best

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Good positive budget 2023-24

Good positive budget 1) For senior citizens schemes, Investments hiked to 30 lakhs from 15 lakhs-  2) High end tax payers( from 43% to 39%) 3) No tax for income upto 7 lacs in new tax regime. *Much awaited Big news to salaried class* 4) Post office POMIS increased from 4.5 lakh…

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Rebate Limit to increase to 7 Lakhs in New tax regime 2023-24

Rebate Limit to increase to 7 Lakhs in New tax regime 2023-24  New Tax Slabs- 0- 3L - Nil 3L- 6L- 5% 6L- 9L - 10% 9L- 12L- 15% 12L- 15L- 20% Above 15L - 30% [2/1, 12:31 PM] Mithun Share Investment: Highest Surcharge Rate Reduced from 37% to 25%

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Share investment & Trade; India has successfully managed the transition to T+1 settlement. ..

India has successfully managed the transition to T+1 settlement.  If shares are sold on Monday (day T), the sale proceeds are credited to the bank account of investor after midnight of Tuesday (day T+1).  The funds are available to the investor from early Wednesday. Similarly,…

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Family Budget vs Country Budget

Family Budget vs Country Budget February 1st is the central budget.*Central budget has only short term impact on your wealth* *Your family budget has long term impact on your wealth*. Earmark one such day for family budget, which has fundamental value N Vijay Kumar, MD, www.clic…

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Adani Group stocks sink upto 20% Risk Management = *Returns Management

*Adani Group stocks sink upto 20% *I don't know of any vegetarian tigers. If we know the nature of someone, it's best to be careful* So, we are cognizant of the fact that if we bet on bad promoters or poor management/Political aided,  *it's our mistake not theirs* …

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Today's Rate-Morning-22Kt Gold-Rs.5250/Gm; Silver-Rs.74.60Gm. Jan 28 2023

Today's Rate-Morning-22Kt Gold-Rs.5250/Gm; Silver-Rs.74.60Gm. Jan 28 2023  Open on Sundays.Valet Parking Available.  Ph:044-42356999,Prince Jewellery

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