Thursday, 31 March 2011

TDS from Premature Withdrawals of P F

Withdrawal of Provident Fund may attract Income Tax. The Income Tax Department recently told EPFO (Employees Provident Fund Organisation) to deduct Tax (TDS) from the withdrawal amount, if the withdrawal happened before completing five years of subscription.

At present Provident Fund investment is also consider as a Tax Saving Investment and the amount invested by the employee (Amount deducted and deposited from the Salary by the employer) is exempted from Income tax up to Rs. 1 Lakh under section 80C.  Most of the exempted investment under section 80C has a lock-in-period of 5 years (ELSS has only three years lock in period)

Provident Fund subscription is meant for satisfying the important financial need including retirement needs of the employee and the Government of India allowed it as an exemption under section 80C. But the subscribers can withdraw the subscription, when they resigned from an employee and it is supposed that they may not work with other employee or may not subscribe it again. But there is an option when the employee changes his/her job, they can transfer their subscription with the old employer to the new employer. Most employees easily withdraw the money by closing the account with the previous employer and start a new subscription with the new employer and it is assumed that the withdrawal is easy than transfer.

In the above mentioned scenario, the Income Tax Department gave this direction to EPFO to deduct tax from such withdrawals.  The interest of Provident Fund Investment is also not taxable. But it is not clear that the Income Tax Department wishes to deduct TDS from the amount invested or the interest part of investment. The amount invested is exempted when the investment is made and the interest is also exempted when the interest is due or credited.

According to EPFO,around 70% of the subscribers withdraw their membership before completing three years of subscription. They may become new employees and when they change the employment, they just withdraw the money. But most of these employees are not even come under tax limit. Those who have an income up to Rs. 160000 (Rs. 180000 as per the budget 2011 proposal) after all exempted investments and allowances, should not pay tax as per the current income tax rule. Most of these employees may not come under tax limit.

In such a case the employee should have a chance to submit from 15H or any such documents to avoid deducting Income Tax from the withdrawals or should fix a limit like TDS from contractors or from TDS from interest, rent payment etc.

Let us hope that this movement may reduce the tendency to withdraw Provident Fund Investment before completing five years and in the case of new employment the chances of transferring PF subscription may also increase.

Related Posts



Wednesday, 30 March 2011

Monthly Provident Fund Statement to all PF Subscribers

Due to high defaults in depositing provident fund contribution from the side of employers, the EPFO (Employees’ Provident Fund Organisation of India) decided to give monthly statement to subscribers instead of issuing one annual summary.  The EPFO expected to make it possible from the financial year 2012-13.

Provident fund contribution is a compulsory contribution of employee, which is meant for meeting the important financial needs of the employee including retirement needs. 12% of the salary (Basic and D.A) is deducted from the employee’s salary and the same amount will be added by the employer and it is the responsibility of the employer to deduct this EPF and deposit it in EPFO. There are a number of defaulters those who are not depositing such amount in EPFO or not depositing in Time. So to overcome such a tendency the EPFO decided to give monthly statements which helps the employee to know whether the employer deposited the amount or not.

At present the EPFO is handling the Provident fund of around 5 crore employees (subscribers). The EPFO is computerized almost all data and they are equipped to provide such a monthly statement and related information to its subscribers from the next financial year. The present summary slip which they distributed to the subscribers is not enough to know the full details about their subscription.  Most of the subscribers (employees) are not even fully aware about the details of their own contribution.

In the words of Central Provident Fund Commissioner Samirendra Chatterjee,  “Often subscribers do not calculate what the total amount should be and do not notice even if contributions have not been made in particular months,"  He added that once monthly data is available, omissions can be easily identified.

The estimated default amount is around Rs. 166.12 crore and the amount may be more than that the estimated amount. When the monthly statement is made available the EPFO expected more complaints from subscribers.

Every year there is an increase of Rs. 20000 crore to Rs. 30000 crore to the corpus. This is a good movement from EPFO and we appreciate EPFO for the same. We also hope that in the near future, the EPFO may make available online access of the individual details to the registered subscribers. It is the right of each subscriber to know the details of their investment (Contribution) and the growth of their contribution.

Related Posts
Transfer your old PF account with previous employer to new one
This is the time to change the job from one employer to another for better salary or better terms. But a majority of people do not consider transferring their PF account to the PF account with new employer.  Somebody prefers … Continue reading ?


NEW DELHI: Employee Provident Fund Organisation’s Central Board of Trustees, the apex decision making body, on Tuesday stood its ground in the battle with finance ministry. It backed an earlier decision to pay 9.5% interest to 4.7 crore EPFO subscribers … Continue reading ?

EPF Information through Internet and Mobile
There is a happy news for about 4.8 crore subscribers of Employees Provident Fund Organisation (EPFO) that you can access you Provident Fund (PF) transactions through your mobile by SMS alert or through internet. The Economic Times reported that the … Continue reading ?

No Tax on Increased Interest on Employees Provident Fund
As you aware that the interest rate of Employees Provident Fund has been increased for the financial year 2010-2011. There was a doubt that the increased portions attract income tax or not. Now it is clear that there is no … Continue reading ?

Proposal for separating PF and pension accounts
It is suggested that PF and Pension Scheme should be separated for greater transparency. Now the Employees Provident fund and Pension scheme is handling by the EPFO (Employees’ Provident Fund Organisation. When the EPFO started operations in 1952, there was … Continue reading ?

 

Tuesday, 29 March 2011

26 MARCH- 01 APRIL 2011-Employment News Job Highlights

In the current issue of Employment News weekly (26th March, 2011 to 01st April, 2011), there are a lot of job vacancies are advertised. For the convenience of our readers we post here the highlights of the same. Those who are looking for a new job these highlights may be useful for them. We advise you to visit the website of Employment News or read the weekly for further details such as qualifications, experience, pay scale etc.

Notification for Union Public Service Commission for Special Class Railway Apprentices Examination, 2011

Applications are invited for various posts by Union Public Service Commission

Applications are invited for various Scientific Posts by Agricultural Scientists Recruitment Board, New Delhi.

Vacancy of Assistant Managers (Officer Scale-I) in South Malabar Gramin Bank, Kerala.

Vacancy of Managers and Deputy Managers are in National Housing Bank

Public Service Commission, Uttar Pradesh notifies Assistant Conservator of Forests (Special Recruitment) Examination-2011.

Applications are invited for various posts Indian Oil Corporation Limited, Faridabad.

General Reserve Engineer Force requires Junior Engineer (Civil).

Dy. General Managers, Chief Managers, Managers, Dy. Managers etc. are required by Mazagon Dock Limited.

Indian Army requires Religious Teachers as Junior Commissioned Officer.

Applications are invited for various posts in Vikram Sarabhai Space Centre.

Various Semi-skilled grade posts in Indian Ordnance Factories, Tiruchirapalli.

Applications are invited for various posts in National Institute of Science, Technology & Development Studies.

Related Posts
19 MARCH 2011- 25 MARCH 2011Employment News Job Highlights
There is a lot of vacancies published in the present issue (19th March to 25th March) of the Employment News Weekly. Those who are looking for a new job can apply for the same as per their qualification and experience. … Continue reading ?


In the present issue of Employment News (Employment News 12th March to 18th March, 2011) there is a lot of job vacancies are advertised. We, investment and money matters wish to display the important highlights of the employment news this … Continue reading ?

05 MARCH- 11 MARCH 2011-Employment News Job Highlights
A lot of job vacancies are advertised in the present issue of Employment News (05th March to 11th March, 2011).  The Important highlights of the issue of Employment News are shown below. This is for the information of our readers … Continue reading ?

26 FEBRUARY- 04 MARCH 2011 Employment News Job Highlights
There are a number of vacancies are advertised in the Employment News (26 February – 04th March 2011).  We are just publishing the job highlights of the issue of Employment News. This is for the information of our readers who … Continue reading ?

Sunday, 27 March 2011

Invest for the education of your children

We wish to give our children the best education and hope that they should be grown up with best personality and education.  But when did you plan this. A famous child physiologist said that if you want a child with best behavior and personality you should plan two years before the birth of the child. Here for the higher education of your children you should plan at least the birth of the child. How much early you start investing for your children that much time lag you will get to grow your money to reach the required amount while this investment and the expense of education also associated with inflation. Inflation decreases the value of your money and at the same time it increases the amount of money you have to spend for the education of your children.

So you have to overcome both of the above mentioned facts, the diminishing value of money and the increasing cost of education. Yes I agree that your income also will be increased time to time. But if you start investing for your children very early you can get enough time to overcome both this facts. Then you will be well equipped with enough sources to grow your children positively in this competitive world.

From the beginning of life there is a tendency that the stronger survives. Your children also should be strong enough to survive in this world. So give them the better education you can. Start early in a systematic way to make enough money for this purpose. Here you can use the power of compound income. We suggest that start a systematic investment plan for your children and the accumulated income from such systematic plan will give you back a good amount of money to satisfy your need for your children,

You can start such investment according to your risk appetite. Even if you invest in equities in systematic plan for a long time you can harvest a good income from the investment. Buy the shares of strong companies and hold it for a long time and you will get a sure return from equities. If you are not confident in share market, don’t worry you can go for mutual funds. The fund will be managed by experienced person and your money will grow for a long time to a big amount. Do it in Systematic Investment Plan (SIP). You will get a good return from Mutual funds through SIP in a long run.

If you are not believe in mutual funds no problem you invest in government securities, bonds or even in Fixed deposits of banks. After a long time (you will get minimum 15 years for the higher education of your children, if you start investing in the Zero age of your children) you will get good money by the compound power of money. The interest you get this year also able to earn interest in the next year.

So start investing early as possible for the better future and better education of your children. We wish you and your children a better tomorrow.

Related Posts
Precautionary measures for an investor
Recently an investment firm become insolvent and the hard earned money of all investors have gone forever. This may be happened with irresponsible persons who lavishly handling their investors money. The trust of the firm and also the dreams of … Continue reading ?

Plan your investments to earn more in time
When you hear about investment you may not think anything more. But you have to plan your investments wisely. Here I wish to write about some investment realities which all investors must follow to earn a good harvest from your … Continue reading ?

Birla Sun Life Capital Protection Oriented Fund – Series 5
Birla Sun Life Mutual Fund Launched a new close ended growth scheme known as Birla Sun Life Capital Protection Oriented Fund – Series 5. The scheme is already opened in the market from 11th March, 2011 and will be closed … Continue reading ?

What is the need of investment?
I know that some of my readers ever asked this question. I have enough money to survive. Then why should I invest the money? Why should I waste much time to seek good investment methods? What is the need of … Continue reading ?

Saturday, 26 March 2011

BNP Paribas Fixed Term Fund - Series 21 I

BNP Paribas Mutual Fund launched a New Fund Offer named BNP Paribas Fixed Term Fund – Series 21 I. This is a Fixed Maturity Plan (FMP). The New Fund Offer price is Rs. 10 per unit and this is a close ended income scheme.  The NFO in already opened in the market on 26th March, 2011 and the closing date is 31st March, 2011.

The Investment objective of the scheme would be to achieve growth of capital through investments made in a basket of fixed income securities maturing on or before the maturity of the scheme.

The minimum investment of this scheme is Rs. 5000 and the multiples of Rs. 10 thereafter.

Realted posts

 
Plan your investments to earn more in time
When you hear about investment you may not think anything more. But you have to plan your investments wisely. Here I wish to write about some investment realities which all investors must follow to earn a good harvest from your … Continue reading ?

Birla Sun Life Capital Protection Oriented Fund – Series 5
Birla Sun Life Mutual Fund Launched a new close ended growth scheme known as Birla Sun Life Capital Protection Oriented Fund – Series 5. The scheme is already opened in the market from 11th March, 2011 and will be closed … Continue reading ?

Lic Jeevan Samridhi Plus Guaranteed Highest NAV of 100 Months
Jeevan Samridhi Plus is a recently launched (25th February, 2011) Unit Linked plan form Life Insurance Corporation of India (LIC) which assures the highest Net Asset Value (NAV) of the first 100 months to the investor. It is a close … Continue reading ?

New Fixed Maturity Plans presently launched in the Market.
So many Fixed Maturity Plans (FMPs) and a few New Fund Offerings (NFOs) are open in the market. For the convenience of our readers we are posting the summary of those Fixed Maturity Plans. Fixed Maturity plans are good for … Continue reading ?

?

Friday, 25 March 2011

File Your Income Tax Return Online, Free of Cost

Are you aware that you can file your income tax return online and free of cost? This is not only for salary class tax payers; it is open for all kind of tax payers.  All Tax payers can submit their return online without any cost. The website of income tax India explains how you can file your online return. But the only thing is that you have to collect all your details and records including Form16, pass book etc., handy while you sitting for online submission of your return.

First you have to register with the website which you like to submit the return. There are a few website which provides the facility to submit online tax return. Almost all such website allows you to file your return in a user friendly step by step manner. So it will be very easy to file the return through them. There is an excel utility with the website of income tax department. But it is not that much easy. So use other websites which allow you to submit online income tax return.

You have to input the Name, Address, PAN Number, Total Salary, Deductions etc., and the website itself generate an XML file with the given data.

Now you have to register with the income tax website with you PAN number and upload the XML file which is generated in the above mentioned step.

When your upload is satisfactorily completed, you can take the print out of an acknowledgement in Form V. You should sign the acknowledgement and mail to the Income Tax Department –CPC, Post Box No -1, Electronic City Post Office, Bangalore – 560100, Karnataka, within 120 days. You can avoid this step if you upload the XML file with electronic signature. The option is there in the website.

If you failed to send the ITR_V receipts (If you submit without digital signature) within 120 days, you electronic filing will be cancelled and you have to upload the return again with digital signature or sent the new ITR-V to the ITO within 120 days of such submission.

In the final step you will get an acknowledgement in the receipt of ITR-V as a confirmation of your income tax return.

If you want to get any electronic refund you should fill the required information and the refund will be credited in your bank account after the approval of refund.

It is your responsibility to ensure that the website you are entering your financial information is secure and trustworthy.

Income Tax India's E Filing Portal

Related Posts
How to Avoid Income Tax Legally
You must have heard that the most expected Direct Tax Code (DTC) will come in to effect from 01st April, 2012. Paying tax is mandatory and it is the duty of every proud citizen of a nation. As Bible says … Continue reading ?

No Income Tax Scrutiny for Senior Citizen and Small Tax Payers
The Central Board of Direct Taxes released a press release on 14th March, 2011 that there will not be any scrutiny of income tax for senior citizen those who have completed the age of 60 years and for small tax … Continue reading ?

The Impact of Direct Tax Code (DTC) in Real estate investments
When the implementation of Direct Tax Code comes into force, there will be certain changes for the Tax pattern. The Income tax and tax saving investments also will be changed. Some investments will be out from the status of tax … Continue reading ?

Direct Tax Code – How DTC Affect Life Insurance Policies
As per the Budget proposal the Direct Tax Code (DTC) will come into effect from 01st April, 2012. Most of the Tax payers are not aware about the impact of Direct Tax Code in their investment, tax and income. Here … Continue reading ?

Income Tax Rates & Calculation as per Budget 2011
As per the Budget 2011 proposal there is a slight relief in income tax for Men those who are not completed the age of 60 years and both men and women those who are completed the age of 60 years … Continue reading ?

http://www.investmentsandmoney.com/2011/03/08/direct-tax-code-%25e2%2580%2593-how-dtc-affect-life-insurance-policies/

http://www.investmentsandmoney.com/2011/03/08/direct-tax-code-%25e2%2580%2593-how-dtc-affect-life-insurance-policies/

http://www.investmentsandmoney.com/2011/03/08/direct-tax-code-%e2%80%93-how-dtc-affect-life-insurance-policies/

Thursday, 24 March 2011

Precautionary measures for an investor

Recently an investment firm become insolvent and the hard earned money of all investors have gone forever. This may be happened with irresponsible persons who lavishly handling their investors money. The trust of the firm and also the dreams of the investors are over. Here I wish to tell you some important things an investor should do before investing your money. There is an advice about marriage. Enquire all possible information and past histories of the would-be spouse before getting married and do not enquire any such past information after marriage. The first part of this statement is applicable in case of investment also. Collect all possible information about the method of investment before investing your money. But do not obey the second part, here you have to enquire more about your investment after made the investment and if you feel insecurity, get out of the investment as soon as possible.

Here are some important precautions you have to take before investing in any financial instruments.

Collect all information and documents before investment. If possible try to get all documents in writing. There may be leaflets and booklets about the investment. From internet also you can get valuable information about the financial instrument. You can collect some valuable information from nay reliable blog posts or from the website of the investment firm also.

There is no use to collect all these documents unless you read it thoroughly. So read all such information carefully and understand the nature and methods of investment. Learn how they utilize your money to get a good return from your investment etc.

You should verify that the investment is reliable or not. You should also verify that whether the investment obey all current rules and regulations. Is it a quick rich program or not. There is no such reliable quick rich program. Such programs make rich only the investment firms or companies, not the investor. So verify the authenticity of the investment. It should abide the law of the land.

Seek how much the scheme charge from you. Is it taken any commission or service charge from you? What is the net return from your investment? What is the tax impact of the investment? What would be the actual return from the investment? Is there any guaranteed return or not? How they attain this return? All these questions must be answered satisfactorily.

You have to understand the risk of such investment. Some high return investment may give you high loss also. So learn well about the risk factor of the investment and verify that the risk of such investment is bearable as per your financial goals. For example, if you are a retired employee, you could not invest your gratuity money in high risk investments, because that may be your only income after retirement. Then you should invest in safe investments, even if it gives you only a low return.

You have to check that how much liquidity is there in your investment scheme. How easily you can shift your investment to liquid cash when there is any emergency. Some safe investments must not allow enough liquidity. So check the liquidity when compared with your financial goals.

Find whether the investment is suitable for your investment goals. If you invest for the higher education of your child, the investment must be matured when the child need money for higher education, unless there is no use, just like the above mentioned retirement plan. So the investment must be suitable for your financial goals. If you need money in a short while, you should not go for long term investments.

Compare your investment plan with other available investment plans and check whether the other plan is more suitable for you. If so do all the above steps with the other plan also? But do not be cheated with misconceptions. And also check whether this investment plan is compatible with other investment you have already done.

When all the above factors are favorable, try to invest through any reliable intermediaries, because it is convenient for you to collect necessary information and redeem your investment whenever necessary. The intermediaries will give you all after sale service and support. At the same time you can get all necessary clarifications from them.

Find out what options are there if the investment strategy is not suitable for you, and how can you get out of the investment, if there is any miss happenings with your investment. If you satisfied with all the above points, you can invest in that scheme and can enjoy the fruit of a good investment.

Remember that you should be early, regular and stay in long time for any investments. Start at an early age and invest regularly and also invest for a long time. But do not forget your financial goals and responsibilities. We wish all success in your investment future.

Related posts
Plan your investments to earn more in time
When you hear about investment you may not think anything more. But you have to plan your investments wisely. Here I wish to write about some investment realities which all investors must follow to earn a good harvest from your … Continue reading ?

Birla Sun Life Capital Protection Oriented Fund – Series 5
Birla Sun Life Mutual Fund Launched a new close ended growth scheme known as Birla Sun Life Capital Protection Oriented Fund – Series 5. The scheme is already opened in the market from 11th March, 2011 and will be closed … Continue reading ?

What is the need of investment?
I know that some of my readers ever asked this question. I have enough money to survive. Then why should I invest the money? Why should I waste much time to seek good investment methods? What is the need of … Continue reading ?

Wednesday, 23 March 2011

Plan your investments to earn more in time

When you hear about investment you may not think anything more. But you have to plan your investments wisely. Here I wish to write about some investment realities which all investors must follow to earn a good harvest from your hard earned money.

Start investing at your early age

If you start investing at an early age you can get enough money to fulfill all your financial goals when you reach such a stage. So start investing when you start earning yourself. At the same time you should think about your retirement time. Start a good retirement plan also when you start earning and investing. The children also should be educated to save from their pocket money. Then the habit of saving and investment will be sprouted in the tender minds.

Try to balance safe investment and risky investments

Safe investments such as fixed deposits and other bank deposits are good. You will get a steady growth of your money and there will not be any loss. But you must go for high earning investments also. Fixed deposits gives steady income, but the income is taxable and the tax will reduce your income a lot and also the changing of policy may reduce the interest rate and your income potential may be very less. Investments in Fixed Deposits (F, D) will not beat the inflation also. So do not invest all your money in fixed deposits.

Try to be a good investor

A good investor must be a good observer. He should be vigilant about the ups and downs of the financial market and also the current trend of the world. Read more and learn new investment ideas and methods. Don’t be in a hurry, be disciplined and use your common sense when taking investment decisions. You can seek guidance from experienced persons and financial advisers, but take your own decision yourself. Because it is your money, so the decision also should be yours.

Be disciplined with stock market

Through stock market you can make money. But you should be vigilant and disciplined. You cannot make any money from stock market in a hurry. Learn all aspects of stock market and invest for a long time in the shares of strong companies. Start with a small portion of money and when you get enough experience, try to increase the investment. But keep in mind that does not put all your eggs in one basket. You should invest only a portion of your total investment portfolio in stock market. If you are a lazy investor, you do not put your money in stock market. An investor in stock market should be more vigilant about the day to day changes around him.

Diversify your investment

As I mentioned above, you should diversify your investments in various investment methods such as fixed deposits, different shares, mutual funds, government securities etc. But do not over diversified. If you diversify more you cannot concentrate in all these investments and your return will be less. So keep balance in diversification also.

Invest in the right time

If you are much vigilant and wise you can earn more from your investments. When the recent recession happened, some wise people made a lot of money while investing in deflated stock market and mutual funds. When the market regained, they got a good profit. But some investors already invested all their money in stocks and mutual funds and when the market came down they could not recover their money and somebody become insolvent also.

Do not follow the multitude

While investing, you must not do what others do.  You may get income just like others get. But if you think your own way and do accordingly you can get a good catch. Learn that everybody will not get good catch. Only a few people will get. So be one of such few investors.

Invest in tax saving instruments and other instruments in the same time.

The goal of your investment is getting enough money to fulfill your financial goals. Not for saving tax. You can invest for saving tax, but that should not be your ultimate goal. Invest in tax saving investments, retirement plans; invest for children’s future and also for meeting medical expenses and other emergencies. Do not forget to take enough insurance cover to secure your family and dependents from any accidental events.

So be a vigilant and a disciplined investor and multiply your money legally and fruitfully. We, investment and money matters wish you all success.

Related posts
Birla Sun Life Capital Protection Oriented Fund – Series 5
Birla Sun Life Mutual Fund Launched a new close ended growth scheme known as Birla Sun Life Capital Protection Oriented Fund – Series 5. The scheme is already opened in the market from 11th March, 2011 and will be closed … Continue reading ?

What is the need of investment?
I know that some of my readers ever asked this question. I have enough money to survive. Then why should I invest the money? Why should I waste much time to seek good investment methods? What is the need of … Continue reading ?

Lic Jeevan Samridhi Plus Guaranteed Highest NAV of 100 Months
Jeevan Samridhi Plus is a recently launched (25th February, 2011) Unit Linked plan form Life Insurance Corporation of India (LIC) which assures the highest Net Asset Value (NAV) of the first 100 months to the investor. It is a close … Continue reading ?

How to Avoid Income Tax Legally
You must have heard that the most expected Direct Tax Code (DTC) will come in to effect from 01st April, 2012. Paying tax is mandatory and it is the duty of every proud citizen of a nation. As Bible says … Continue reading ?

Birla Sun Life Capital Protection Oriented Fund - Series 5

Birla Sun Life Mutual Fund Launched a new close ended growth scheme known as Birla Sun Life Capital Protection Oriented Fund - Series 5. The scheme is already opened in the market from 11th March, 2011 and will be closed on 25th March, 2011. The fund can redeem only at the maturity of the scheme which is after 832 days from the allotment.  The offer price of a single unit is Rs. 10 and the minimum required investment is Rs. 5000 and the multiples of Rs. 10 thereafter.

The objective of the scheme is to provide capital appreciation linked to equity market with downside protection at the end of tenure. This Mutual Fund expects to achieve down side protection by investing in debt securities with tenure comparable with the tenure of the Plan, subject to the credit risk. The capital protection fund expects to achieve the market-linked appreciation (upside) by investing in premium of exchange traded options.

This mutual fund can be used as an alternative of the bank fixed deposits. The scheme plans to invest the pooled money of investors in high quality debt bonds and a part of the amount in equity market also for the capital growth.

Non-Resident Indians (NRIs), Foreign Institutional Investors (FIIs) and Person of Indian Origins (PIOs) are also can be invested in this New Fixed Maturity Plan. There is no entry load or exit load for this New Fund Offer

Related Posts
Lic Jeevan Samridhi Plus Guaranteed Highest NAV of 100 Months
Jeevan Samridhi Plus is a recently launched (25th February, 2011) Unit Linked plan form Life Insurance Corporation of India (LIC) which assures the highest Net Asset Value (NAV) of the first 100 months to the investor. It is a close … Continue reading ?

 
New Fixed Maturity Plans presently launched in the Market.
So many Fixed Maturity Plans (FMPs) and a few New Fund Offerings (NFOs) are open in the market. For the convenience of our readers we are posting the summary of those Fixed Maturity Plans. Fixed Maturity plans are good for … Continue reading ?

 
Reliance Dual Advantage Fixed Tenure Fund – I – Plan I
Reliance Mutual Fund launched Reliance Dual Advantage Fixed Tenure Fund – I – Plan I. The plan seeks to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities that are maturing on or before the … Continue reading ?

 
Axis Fixed Term Plan – Series 13 (370 days)
Axis Mutual Fund issued Mew Fixed Maturity Plan (FMP) Named Axis Fixed Term Plan – Series 13 (370 days). This is a 370 days closed ended income Scheme and one can redeem only on 370 days of allotment. The objective … Continue reading ?

Tuesday, 22 March 2011

Why Should I Invest Money in Any Investment Schemes

I know that some of my readers ever asked this question, why should I invest money? I have enough money to survive. Then why should I invest the money? Why should I waste much time to seek good investment methods? What is the need of my investment? Why should I take the risk of uncertainty?   I think some of you are already getting the answer and of these questions may not get a satisfied answer. I am sure that this article is enough to give you a satisfactory answer. Here we can see why you should you invest your money.

Why Should I invest money?


To keep the value of your money from inflation

If you think wisely and look around as an observer, you can easily understand that the money you have today will not have the same value tomorrow. Yes inflation decreases the value of money you Why should I invest moneyhave. If you have $1000 today and the rate of inflation is 8% the value of $1000 will be $ 926 next year and if the inflation continues at the rate of 8% every year your the value of $1000 will be $ 501 after 9 years when you compare with the money you have right now.  Near about a half of the amount. This will be happening to your money if you are not investing your money in any investment Schemes. But if you invest your money in any investment scheme which gives you around 8% income, your money will be grown up to Rs. 1851 in 9 years.  And the money value when compared with the first year will be about same as $1000. At least you can save your money from inflation. But if you try to invest your money with higher returns than the rate of inflation, your money value will grow.

To get a good return for your ideal money

When you keep your money ideally in a savings account, you won’t get much benefit. If you invest your money with a little bit more income than the rate of inflation you can save your money and also can enjoy the growth of money and money value. But you should consider the income tax also. For this purpose you can invest wisely in any investment scheme which has no tax for the income from such investment, or the investment with less taxability or an investment with high return.  If you have some ideal money or the money you should not need in the near future, invest in any long term high return investments and make grow your money. Then you may not ask why should I invest money?

To satisfy your future financial goals

This is the other answer of your question, "Why should I invest money". You might be aware that the above mentioned fact is applicable only when you have some surplus money and invest that surplus money. Then what do you understand, you should invest only from the surplus money? No, you have to accomplish so many financial goals such as marriage of self or children, education of self or children, buying a residential accommodation, Good medical facility to you and your family members, good retirement income etc. Etc. For satisfying these financial goals also, you have to invest money from your existing source of income. So you must invest from your counted bread, even if it is only enough for your daily needs. Then you should grow an investing habit which is helpful for your future financial needs.

Provide enough money for meeting uncertain future needs

Some financial needs cannot be predicted early such as medical treatment of any critical illness or accident, untimely death of the bread earner of your family etc., and  even life after retirement also uncertain up to a certain extent.  So you have to make enough provision for meeting such uncertain needs. Insurance and retirement schemes will help you in this case. Now you may know the answer for why should I invest money.

So invest your money and make a habit of saving and investment to get a good stern stand in your financial needs and emergencies. Think wisely and act wisely for a financial freedom in the near future. Now you got the answer for all your questions, why should I invest money? Why should I invest in gold, Why should I invest money in stock market? or Why should I invest money in Real estate and so on.

Why should I invest money in any investment schemes?


Related articles
Various Investment Methods for Investors
Following are some investment options which are helpful for new investors or beginners. These are not only for beginners but for all investors. But this is given for the information for beginners in the investment field. These are only a brief … Continue reading ?


Maximize your return from investments with simple steps
Investing money is really a separate way of making money than make money with our daily work or business. When we invest we just invest our hard earned money and it will grow itself. We should not do any additional work … Continue reading ?

Safest Investment OptionsAll of us need money and we are making money with our work or business. Anyway we make it with much difficulty. We know the value of money and also know the necessity of making money. But we are not … Continue reading ?


Investment for tax saving is a wise decision or not
Taxpayers always try to pay less tax and it is legal that you can reduce your tax liability by proper tax planning. But most of the financial institutions and stock brokers offer high return for most of their financial … Continue reading ?

6% D.A from January 2011 for Central Government Employees

The Union Cabinet decided to give an additional Dearness Allowance (D.A) of 6% to Central Government Employees and Pensioners. The existing D.A was 45% and the New D.A will be 51 %. The decision has been taken today, 22nd March, 2011. The new D.A will give to all employees with effect from 01st January, 2011.

No doubt this additional D.A will give much relief to all from high inflation. The benefit of this declaration will get around 50 lakh Government employees and around 38 lakh pensioners. The increased liability of this additional D.A will be around 6000 crore

As we posted earlier the present D.A hike increases some daily allowances such as Children Education Allowance, Child Care Allowance, Washing Allowance, Cycle Allowance, Cash Handling Allowance, Conveyance Allowance, Split Duty Allowance and some advances such as Festival allowances and Flood Advance etc. to 25% more

Related Posts
Expected D.A for Central Government Employees is 6% from January 2011
The recently published (Labour Bureau, Govt. of India ) All India Consumer Price Index Number (for November) and AICPIN of past months shows that the Dearness Allowance payable to the Central Government staff with effect from January 2011 may be … Continue reading ?


How to Calculate Dearness Allowance?
Every year the Dearness allowance increases twice. One In the month of January and the other in the month of July. Ever you think that how this Dearness allowance increase or how it is calculated? You might be aware that … Continue reading ?


All India Consumer Price Index Numbers for January 2011 & D.A
All India Consumer Price Index Number for Industrial Workers (CPI-IW) for January 2011 is 188 which is 3 points more than that of December 2010. This Consumer Price Index is calculated on the basis of the index price in 2001 … Continue reading ?


Why D.A (Dearness Allowance) is more awaited than Increment

Allowances Admissible to Central Government Employees.

Monday, 21 March 2011

19 MARCH 2011- 25 MARCH 2011Employment News Job Highlights

There is a lot of vacancies published in the present issue (19th March to 25th March) of the Employment News Weekly. Those who are looking for a new job can apply for the same as per their qualification and experience. The highlights of the vacancies are shown below. This highlight includes only major vacancies. For details please read the Employment News Weekly.

  1. Notification of Forest Service Examination, 2011 by Union Public Service Commission

  2. Staff Selection Commission, notifies Combined Graduate Level Examination, 2011

  3. Applications are invited for various posts by Staff Selection Commission, Eastern Region.

  4. Applications are invited for various posts by Hindustan Aeronautics Limited, Koraput Division.

  5. Applications are invited from Unmarried Men by The Indian Navy for Grant of Short Service Commission in the Executive Branch.

  6. Vacancy of Constables in Railway Protection Force requires.

  7. Vacancy of Technicians- B’ Cook, Heavy Vehicle Drives ‘A’ and Light Vehicle Drivers ‘A’ in Indian Space Research Organisation, Andhra Pradesh.

  8. Vacancy of Constables in the trade of Drivers and Driver-cum-Pump-Operators in Central Industrial Security Force (CISF).

  9. Vacancy of Constables/Fire in Central Industrial Security Force (CISF).

  10. Applications are invited for the post of Professors, Assistant Professors and Group ‘A’, ‘B’ ‘C’ and ‘D’ Non-Teaching posts in Banaras Hindu University.

  11. NABARD- (National bank for Agriculture and Rural Development) requires Development Assistants (DA) and Pharmacists.

  12. Vacancy of Scientists and Technicians in Central Mechanical Engineering Research Institute, Durgapur.


Related Posts
12 MARCH- 18 MARCH 2011-Employment News Job Highlights
In the present issue of Employment News (Employment News 12th March to 18th March, 2011) there is a lot of job vacancies are advertised. We, investment and money matters wish to display the important highlights of the employment news this … Continue reading ?

 
05 MARCH- 11 MARCH 2011-Employment News Job Highlights
A lot of job vacancies are advertised in the present issue of Employment News (05th March to 11th March, 2011).  The Important highlights of the issue of Employment News are shown below. This is for the information of our readers … Continue reading ?

 
26 FEBRUARY- 04 MARCH 2011 Employment News Job Highlights
There are a number of vacancies are advertised in the Employment News (26 February – 04th March 2011).  We are just publishing the job highlights of the issue of Employment News. This is for the information of our readers who … Continue reading ?

 
Job Highlights of Employment News (19th FEBRUARY, 2011 to 25th FEBRUARY, 2011)
There are some important Job Vacancies are advertised in Employment News this week. For the information of our readers and those who are looking for a job we list below the major vacancies, which are advertised in Employment News (19th … Continue reading ?

Sunday, 20 March 2011

Lic Jeevan Samridhi Plus Guaranteed Highest NAV of 100 Months

Jeevan Samridhi Plus is a recently launched (25th February, 2011) Unit Linked plan form Life Insurance Corporation of India (LIC) which assures the highest Net Asset Value (NAV) of the first 100 months to the investor. It is a close ended Unit Linked Insurance (ULIP) plan which allows partial withdrawals before the insurance term. The shortest premium paying term is 5 years and you can also opt for single premium payment. One can plan this scheme as per the financial needs of the investor such as marriage of self and children, Education of Children or retirement etc. Even if it is a close ended scheme you can surrender it after 5 years without any additional charges.

The policy term is 10 years and the maturity benefit of the plan is the highest NAV or Maturity Fund Value whichever is higher. But if the death of the insured is happened in between the policy term the nominee will get the sum assured or the fund value of the policy holder, whichever is higher. The fund allocation is in government guaranteed securities or corporate debt, money market investments, listed equity shares etc.

The entry age is 8 years to 65 years and maturity age should be 18 years to 75 years. You can opt for single premium payment of regular 5 years premium payment.

You can make two partial withdrawals per year after completing five years and the minimum withdrawal amount should be Rs. 2000 or Fixed number of units.

Related Posts
IDBI Retiresurance, a unit linked pension plan
IDBI Fortis Life Insurance changed to IDBI Federal life Insurance Co. Ltd is a joint venture of IDBI Bank, Federal Bank and Fortis Insurance International. Their insurance plans are unique with its names such as Wealthsurance, Retiresurance, Incomesurance and Termsurance.  … Continue reading ?


Most of the tax payers joining life insurance policy for saving tax other than protect their families from the financial crisis which may happened in the event of any untimely death of the person. A good portion of insurers seek … Continue reading ?

Health plus Plan a health insurance Form LIC of India
Almost all insurance companies issuing health insurance scheme and most of them are attracting people. Life Insurance Corporation of India (LIC) also has a health insurance plan which is different from other health insurance schemes. It is called health plus. … Continue reading ?

ING Prospering Life, New ULIP From ING Life Insurance
ING Life Insurance Launched a New ULIP (Unit Linked Insurance Product) on 27th October, 2010 named ING Prospering Life, which provides it customers the wealth accumulation and life cover. The customers can maximize their returns and can get enough protection. … Continue reading ?

LIC of India Launched a new unit linked endowment plan
Life Insurance Corporation of India launched a new Unit Linked Insurance Plan Named LIC Endowment plus under Table No. 802 on 20th September, 2010. This is Unit Linked Endowment plan offers investment cum insurance when you are under the term … Continue reading ?

 

 

Saturday, 19 March 2011

How to Avoid Income Tax Legally

You must have heard that the most expected Direct Tax Code (DTC) will come in to effect from 01st April, 2012. Paying tax is mandatory and it is the duty of every proud citizen of a nation. As Bible says Give to Caesar what belongs to Caesar and to God what belongs to God (Matthew 22:21). But the Income Tax Department itself gives some directions that how we can legally exempt from tax. Some Specified investments and expenses, home loan reimbursement etc. are exempted and can deduct from gross total income while calculating Income Tax.

The Investments are Employees Provident Fund (EPF), Public Provident Fund (PPF), Five year Fixed Deposits, National Saving certificates (NSC), Equity Linked Saving Scheme (ELSS) etc. These investments are exempted from Income Tax under section 80C subjected to a maximum of Rs. 100000, of the existing income tax rule.

The above section 80C and the maximum limit of Rs. 100000 include payment of Tuition fee for your two children in a recognized, regular educational institution, premium paid to life insurance policies and repayment of the principal amount of housing loan. But for the medical insurance you can get additional income tax exemption of Rs. 15000 (Rs. 20000 if at least one of the insurer is a senior citizen) and another Rs. 15000 exemption for the medical insurance of your parents (Rs. 20000 if your mother or father is a senior citizen) under section 80D of income Tax rule.

An investment in Infrastruture bonds of certain companies or institutions is also exempted from your income up to Rs. 20000 unders section 80CCF.

Expenses such as interest on housing loan up to Rs. 150000 in a year as per section 24(b), medical treatment of critical illness (Cancer, Neurological Diseases (disability is 40% or more), Parkinson’s disease, AIDS, Chronic Renal Failure (CRF), Hemophilia, Thalassemia) for self or dependent spouse, children, parent, brother or sister up to Rs. 40000 (Rs. 60000 if the person with illness is a senior citizen) under section 80DDB, and for the medical treatment of handicapped dependent up to Rs. 40000 for disability of 40% or more and Rs. 100000 for severe disability, disability of 80% or more under section 80DD.

Rent paid for residence is also can be exempted under certain conditions, only if you or your spouse or your minor child does not own a house in the place where you live in and not paying rent  to your parents and you are not getting House Rent Allowance from anywhere else , you can get a maximum exemption of Rs. 24000 in a year (least of Rs. 2000 per month, Rent paid minus 10% of your gross total income, 25% of your gross total income) under section 80GG. For getting exemption of rent paid, you should submit a declaration in Form 10BA (Download Form 10BA)

Donation given to some recognised socities, charitable institutions and some specified purposes are exmpeted 100% or 50% as the case may be under section 80G.

But when the implementation of DTC some of the above mentioned investments will be avoided and rescheduled from Tax saving status and the methods of tax exemption will be changed.

If you are interested in helping people fully understand tax law and how it can work for them, you may also be interested in obtaining an online degree in a graduate tax program

Related Posts
No Income Tax Scrutiny for Senior Citizen and Small Tax Payers
The Central Board of Direct Taxes released a press release on 14th March, 2011 that there will not be any scrutiny of income tax for senior citizen those who have completed the age of 60 years and for small tax … Continue reading ?



Direct Tax Code – How DTC Affect Life Insurance Policies
As per the Budget proposal the Direct Tax Code (DTC) will come into effect from 01st April, 2012. Most of the Tax payers are not aware about the impact of Direct Tax Code in their investment, tax and income. Here … Continue reading ?

Income Tax Rates & Calculation as per Budget 2011
As per the Budget 2011 proposal there is a slight relief in income tax for Men those who are not completed the age of 60 years and both men and women those who are completed the age of 60 years … Continue reading ?

Tax Saving Investments, handle with care
Most of the tax payers joining life insurance policy for saving tax other than protect their families from the financial crisis which may happened in the event of any untimely death of the person. A good portion of insurers seek … Continue reading ?

Friday, 18 March 2011

Karnataka Pay Commission Report is Expected on June

It is expected that the Pay Commission report for Karnataka State Government Employees may be on June 2011. The “Hindu” daily reported the news on 16th March, 2011. According to Mr. K.J. Jagadish, president of the district unit of the Karnataka State Government Employees' Association, the Government had agreed to constitute the Sixth Pay Commission which would recommend ways to remove the anomalies between the pay scales of State and Union Government employees, subsequent to the implementation of the Sixth Pay Commission by the Centre. And he continued that the commission might submit its recommendations before June.

Related Posts
Ninth Pay Commission Report Approved by Kerala Government
The Government of Kerala Approved the ninth pay revision committee report on 23rd February, 2011. The benefit of the approval of this cabinet sub-committee report will be getting around 489000 government employees all over the state. As per the words … Continue reading ?

How to Fix Your Pay as on Ninth Kerala Pay Revision Commission
As per the recommendations of ninth pay revision commission for the government employees of Kerala the steps to calculate the basic pay is as follows 1. Basic Pay (pre revised scale) on 01.07.2009 or date Opted by the employee. 2. … Continue reading ?


As per the recommendations of the Ninth Pay Revision Commission 2010 the salary of Kerala Government Employees expected to increase from 01st April, 2010. The benefit is available for around 4.5 lakh government employees including Teachers, University Staff, Cooperative Bank … Continue reading ?

Leave Travel Concession for Kerala State Government employees as per Ninth Pay Commission report
As per the recommendations of Pay Commission, The Kerala Government Employees will get LTC (Leave Travel Concession) for the first time for those who are going for vacation with or without family. The commission also recommended the highest salary is … Continue reading ?

Benefits of Kerala Pay Revision Commission Report 2010 at a glance
The ninth Pay revision report submitted and there will be a considerable Hike in Salary for Kerala Government Employees, Teachers, University Staff, Cooperative Bank Staffs, Part Time govt. employees, Kerala Police, Kerala Fire Force etc. This post summarizes the important … Continue reading ?

New Fixed Maturity Plans presently launched in the Market.

So many Fixed Maturity Plans (FMPs) and a few New Fund Offerings (NFOs) are open in the market. For the convenience of our readers we are posting the summary of those Fixed Maturity Plans. Fixed Maturity plans are good for low risk or medium risk investors. The scheme will be matured as per the terms of the New Fund Offer and one can plan these funds as per their financial needs. Most of these plans are close ended income scheme. If you wish to buy any of them just visit the concerned website for more details. But always keep in mind that the past performance may or may not be reflected in future.

The List below the post shows all new fund offers in the order of Scheme Name, Date of opening and closing and minimum required investment.

Related Posts
Reliance Dual Advantage Fixed Tenure Fund – I – Plan I
Reliance Mutual Fund launched Reliance Dual Advantage Fixed Tenure Fund – I – Plan I. The plan seeks to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities that are maturing on or before the … Continue reading ?

Axis Fixed Term Plan – Series 13 (370 days)
Axis Mutual Fund issued Mew Fixed Maturity Plan (FMP) Named Axis Fixed Term Plan – Series 13 (370 days). This is a 370 days closed ended income Scheme and one can redeem only on 370 days of allotment. The objective … Continue reading ?

For the awareness of Mutual Fund Investors – SEBI
Securities and Exchange Board of India (SEBI) informs all mutual fund investors through an advertisement in newspapers today. SEBI says that all investors of mutual fund investors must be aware about the following things. We hope that almost all mutual … Continue reading ?

Inflation-indexed bonds are to be promoted
The major problem of almost all investments is inflation related issues. If you get a fixed percentage of interest or income and when we compare it with the rate of inflation it is nothing. Some investment experts may say that … Continue reading ?

Baroda Pioneer 380 Day Fixed Maturity plan – Series 1
Baroda Pioneer 380 Day Fixed Maturity plan – Series 1 is the New Mutual Fund Offer just launch in the market. Baroda Pioneer Mutual Fund issues this Fixed Maturity Plan (FMP). The investment objective of the Scheme is to generate … Continue reading ?

Tax Saving Investments, handle with care
Most of the tax payers joining life insurance policy for saving tax other than protect their families from the financial crisis which may happened in the event of any untimely death of the person. A good portion of insurers seek … Continue reading ?





















































































































































































































































































































































































































































































































































































































































































































































































































































































































FMPAxis Fixed Term Plan(Dividend)
Open14-Mar-11
close22-Mar-11
MinimumRs.5000
FMPAxis Fixed Term Plan(Growth)
Open14-Mar-11
close22-Mar-11
MinimumRs.5000
FMPAxis Fixed Term Plan(Quarterly Dividend)
Open14-Mar-11
close22-Mar-11
MinimumRs.5000
FMPBirla Sunlife  Fixed Term Plan-CV (366 Days)(Dividend)
Open14-Mar-11
close22-Mar-11
MinimumRs.5000
FMPBirla Sunlife  Fixed Term Plan-CV (366 Days)(Growth)
Open14-Mar-11
close22-Mar-11
MinimumRs.5000
FMPBNP Paribas  Fixed Term Plan Series-21 G(12 Months)(Annual Dividend)
Open16-Mar-11
close22-Mar-11
MinimumRs.5000
FMPBNP Paribas  Fixed Term Plan Series-21 G(12 Months)(Dividend On Maturity)
Open16-Mar-11
close22-Mar-11
MinimumRs.5000
FMPBNP Paribas  Fixed Term Plan Series-21 G(12 Months)(Growth)
Open16-Mar-11
close22-Mar-11
MinimumRs.5000
FMPBNP Paribas  Fixed Term Plan Series-21 G(12 Months)(Quarterly Dividend)
Open16-Mar-11
close22-Mar-11
MinimumRs.5000
FMPBNP Paribas  Fixed Term Plan Series-21 I(369 Days)(Annual Dividend)
Open18-Mar-11
close31-Mar-11
MinimumRs.5000
FMPBNP Paribas  Fixed Term Plan Series-21 I(369 Days)(Dividend On Maturity)
Open18-Mar-11
close31-Mar-11
MinimumRs.5000
FMPBNP Paribas  Fixed Term Plan Series-21 I(369 Days)(Growth)
Open18-Mar-11
close31-Mar-11
MinimumRs.5000
FMPBNP Paribas  Fixed Term Plan Series-21 I(369 Days)(Quarterly Dividend)
Open18-Mar-11
close31-Mar-11
MinimumRs.5000
FMPDSP Blackrock  Fixed Maturity Plan 12 Months-Series - 17(Dividend)
Open17-Mar-11
close21-Mar-11
MinimumRs.10000
FMPDSP Blackrock  Fixed Maturity Plan 12 Months-Series - 16(Growth)
Open17-Mar-11
close21-Mar-11
MinimumRs.10000
FMPDSP Blackrock  Fixed Maturity Plan 3 Months-Series - 32(Dividend)
Open17-Mar-11
close21-Mar-11
MinimumRs.10000
FMPDSP Blackrock  Fixed Maturity Plan 3 Months-Series - 32(Growth)
Open17-Mar-11
close21-Mar-11
MinimumRs.10000
FMPEscorts Fixed Maturity Plan - 375 days Series II(Dividend)
Open09-Mar-11
close23-Mar-11
MinimumRs.5000
FMPEscorts Fixed Maturity Plan - 375 Days Series II(Growth)
Open09-Mar-11
close23-Mar-11
MinimumRs.5000
FMPHDFC Fixed Maturity Plan - 35D - March 2011 Series 17 (2) (D)
Open22-Mar-11
close22-Mar-11
MinimumRs.5000
FMPHDFC Fixed Maturity Plan - 35D - March 2011 Series 17 (2) (G)
Open22-Mar-11
close22-Mar-11
MinimumRs.5000
FMPHDFC Fixed Maturity Plan - 370 Days - March 11  Series 17 (4) (Dividend)
Open17-Mar-11
close23-Mar-11
MinimumRs.5000
FMPHDFC Fixed Maturity Plan - 370 Days - March 11  Series 17 (3) (Growth)
Open17-Mar-11
close23-Mar-11
MinimumRs.5000
FMPHDFC Fixed Maturity Plan - 370 Days - March 11  Series 17 (3) (Quarterly Dividend)
Open17-Mar-11
close23-Mar-11
MinimumRs.5000
FMPICICI Pru  Fixed Matuirty Plan  Series 56 - 1 Year Plan B (Dividend)
Open16-Mar-11
close23-Mar-11
MinimumRs 5000
FMPICICI Pru  Fixed Matuirty Plan  Series 56 - 1 Year Plan B (Growth)
Open16-Mar-11
close23-Mar-11
MinimumRs 5000
FMPICICI Pru  Fixed Matuirty Plan  Series 55 - 13 Months Plan A (Dividend)
Open16-Mar-11
close22-Mar-11
MinimumRs 5000
FMPICICI Pru  Fixed Matuirty Plan  Series 55 - 13 Months Plan A (Growth)
Open16-Mar-11
close22-Mar-11
MinimumRs 5000
FMPICICI Pru  Fixed Matuirty Plan  Series 55 - 6 Months Plan C (Dividend)
Open09-Mar-11
close18-Mar-11
MinimumRs 5000
FMPICICI Pru  Fixed Matuirty Plan  Series 55 - 6 Months Plan C (Growth)
Open09-Mar-11
close18-Mar-11
MinimumRs 5000
FMPICICI Pru  Fixed Matuirty Plan  Series 56 - 1 Year Plan C (Dividend)
Open16-Mar-11
close24-Mar-11
MinimumRs 5000
FMPICICI Pru  Fixed Matuirty Plan  Series 56 - 1 Year Plan C (Growth)
Open16-Mar-11
close24-Mar-11
MinimumRs 5000
FMPJPMorgan India Fixed Maturity Plan - Series 2 (95 Days) (D)
Open18-Mar-11
close23-Mar-11
MinimumRs 5000
FMPJPMorgan India Fixed Maturity Plan - Series 2 (95 Days) (Growth)
Open18-Mar-11
close23-Mar-11
MinimumRs 5000
FMPKotak Fixed Maturity Plan - 370 Days Series 41 (Dividend)
Open15-Mar-11
close22-Mar-11
MinimumRs 5000
FMPKotak Fixed Maturity Plan - 370 Days Series 41 (Growth)
Open15-Mar-11
close22-Mar-11
MinimumRs 5000
FMPL&T Fixed Maturity Plan - Series Ill (366 Days A) March 11 (Dividend)
Open10-Mar-11
close21-Mar-11
MinimumRs 5000
FMPL&T Fixed Maturity Plan - Series Ill (366 Days A) March 11 (Growth)
Open10-Mar-11
close21-Mar-11
MinimumRs 5000
FMPPrincipal PNB Fixed Maturity Plan 367 Days - Series 1 (Dividend)
Open16-Mar-11
close21-Mar-11
MinimumRs 5000
FMPPrincipal PNB Fixed Maturity Plan 367 Days - Series 1 (Growth)
Open16-Mar-11
close21-Mar-11
MinimumRs 5000
FMPReliance Fixed Horizon Fund - XIX - Series 10 (Dividend)
Open28-Mar-11
close29-Mar-11
MinimumRs 5000
FMPReliance Fixed Horizon Fund - XIX - Series 10 (Growth)
Open28-Mar-11
close29-Mar-11
MinimumRs 5000
FMPReliance Fixed Horizon Fund - XIX - Series 11 (Dividend)
Open23-Mar-11
close24-Mar-11
MinimumRs 5000
FMPReliance Fixed Horizon Fund - XIX - Series 11 (Growth)
Open23-Mar-11
close24-Mar-11
MinimumRs 5000
FMPReliance Fixed Horizon Fund - XIX - Series 13 (Dividend)
Open18-Mar-11
close24-Mar-11
MinimumRs 5000
FMPReliance Fixed Horizon Fund - XIX - Series 13 (Growth)
Open18-Mar-11
close24-Mar-11
MinimumRs 5000
FMPReligare Fixed Maturity  Plan Series-6 C(13 Months)(Dividend)
Open17-Mar-11
close22-Mar-11
MinimumRs 5000
FMPReligare Fixed Maturity  Plan Series-6 C(13 Months)(Growth)
Open17-Mar-11
close22-Mar-11
MinimumRs 5000
FMPReligare Fixed Maturity  Plan Series - 6 D (370 Days) (Dividend)
Open18-Mar-11
close21-Mar-11
MinimumRs 5000
FMPReligare Fixed Maturity  Plan Series - 6 D (370 Days) (Growth)
Open18-Mar-11
close21-Mar-11
MinimumRs 5000
FMPReligare Fixed Maturity  Plan Series - 6 E (367 Days) (Dividend)
Open22-Mar-11
close24-Mar-11
MinimumRs 5000
FMPReligare Fixed Maturity  Plan Series - 6 E (367 Days) (Growth)
Open22-Mar-11
close24-Mar-11
MinimumRs 5000
FMPTata Fixed Maturity  Plan Series - 31 Scheme - C (368 Days) (PD)
Open17-Mar-11
close23-Mar-11
MinimumRs 10000
FMPTata Fixed Maturity  Plan Series - 31 Scheme - C (368 Days) (Growth)
Open17-Mar-11
close23-Mar-11
MinimumRs 10000
FMPTata Fixed Maturity  Plan Series - 31 Scheme - C (368 Days) (Quarterly Dividend)
Open17-Mar-11
close23-Mar-11
MinimumRs.10000