The Board of Trustees has decided to provide financial assistance of Rs. 1,500/- p.m, for articled assistants who are registered for Intermediate (IPC)/IPCC course and Rs. 2,000/- p.m. for those students registered for final course and are currently undergoing articled/industrial training in accordance with The Chartered Accountants Regulations, 1988 and… Continue reading
Income tax on share trading depends on whether you are showing it as “Capital gain” or “Business Income”. Capital gain: If you are trading in stock market as an investor (mostly involved in delivery based trading), the gains from trading can be classified as: Long term capital gain: – If equity… Continue reading
Management analysis is the utmost important factor before investing in stocks because a great management can turn around a poor business and poor management can ruin good business. Now the big question comes, “How to evaluate the management ?” Many analysts will coin the idea of management visit, discussion with founders,… Continue reading
Methods of Goodwill 1. Average Profits Method: Under this metod goodwill is calculated on the basis of the average of some agreed number of past years. The average is then multiplied by the agreed number of years. This is the simplest and the most commonly used method of the valuation… Continue reading
Mathematical accuracy and performance in real time are different ballgames altogether. The maths and the returns might look perfect on paper but the discrepancies soon show as some investment performances fail to meet your expectations. Hence, the corpus created is inadequate for the fulfilment of the goal. Saving and investing… Continue reading
Sukanya Samriddhi Scheme (SSS) is an investment option for you only if you have a girl child of ten years or below. The age limit is 11 years only for 2015. The return for the FY2015-2016 is 9.2%. In ELSS good returns can be earned due to exposure to equities… Continue reading
NSC is a scheme launched by the Government of India. It is a fixed income earning instrument and the interest rates are almost at par with other Government tax savings instruments. NSC is compounded half yearly and the interest rates are declared annually. The current rate of interest is 8.5%… Continue reading
NPS is more of a retirement solution than an investment solution. It invests partially in equities but the lock in period is till the retirement age of 60. This may be restrictive for young investors who are aiming for higher returns in a relatively medium period time. If you are… Continue reading
It is a traditional scheme of the Government of India often used by tax payers to save tax up to 1,50,000 INR u/s 80c of the Income Tax Act. The lock in period of the scheme is as long as fifteen years and can be extended in block of five… Continue reading
ULIP has a lock in period of three to five years. ULIP has often been criticized due to lack of transparency along with high costs. The overhead costs such as the premium allocation charge and the policy administration charges in the investment of ULIPs have often been known to eat… Continue reading