HOW TO GO ABOUT REMATERIALISATION ?
HOW TO GO ABOUT REMATERIALISATION of Mutual Funds / Shares? 1) Can my electronic holdings be converted back into certificates ? A: Yes. If you wish to get back your securities in physical form, all you have to do is request for rematerialisation of the same. ‘Rematerialisation’ is a term used for converting electronic holding […]
What is Dematerialisation? Benefits ? Process ?
1) What is Dematerialisation ? A: Dematerialisation is the process by which physical certificates of an investor are converted to an equivalent number of securities in electronic form and Credited in the investor’s account with his Depository Participant (DP). In order to dematerialise certificates, an investor will have to first open a Depositary […]
REC Capital Gain Bond Advisors
REC Capital Gain Bond Advisors We provide Investment services for Rural Electrification Corporation Ltd [REC] Capital Gain Bond specified in Sec 54EC of Income Tax Act We offer Rural Electrification Corporation Ltd [REC] Capital Gain Bond schemes to our client those who would like to save Capital GainTax under section 54EC of Income Tax. The […]
NHAI Capital Gain Bond Advisors
NHAI Capital Gain Bond Advisors We provide Investment services for National Highway Authority of India [NHAI] Capital Gain Bond specified in Sec 54EC of Income Tax Act We offer National Highway Authority of India [NHAI] Capital Gain Bond schemes to our client those who would like to save Capital GainTax under section 54EC of Income […]
54EC Capital Gain Bonds
54EC Capital Gain Bonds NHAI, REC, PFC, IRFC Capital bonds are being issued as ‘Long term specified assets’ within the meaning of Sub- Section 54-EC of the Income Tax Act, 1961. Those desirous of availing exemption from capital gains tax under Section 54 EC may invest in these bonds. Capital gains arising from transfer of […]
Cost of Inflation Index
What is Cost Inflation Index (CII)? Cost Inflation Index(CII) is a measure of inflation that is used for computing long-term capital gains on sale of capital assets. It comes under Section 48 of the Income-Tax Act, defines the index as what is notified by the Central Government every year, having regard to 75 per cent […]
Loan Against Shares
a) Loan against shares is provided only to meet customes personal needs. b) Facility only to individuals c )Overdraft facility against single and combination of scrips in dematerialized form from the list of approved scrips d) Facility will be renewed / reviewed after 12 months from the date of sanction E) Interest charged on actual […]
Loan Against Bonds
Banks provide loans against security of shares/debentures/bonds to individuals, share and stock brokers and market makers. Loans against shares and debentures can be given to individuals For meeting contingencies and needs of personal nature For subscribing to rights or new issue of shares/debentures against the security of existing shares/debentures Loans will not be […]
Investment Planning
“In the business world, the rear view mirror is always clearer than the windshield.” – Warren Buffett. The problem with the financial planning is that it is based on the observation of a rear view mirror. While this is a valid way of predicting future, your planning should not be based solely on past data. […]