FiMa

17/04/2019

25/03/2019

Tax Saving

Section 80C/80CCC/80CCD :

These 3 are the most popular sections for tax saving and have a lot of options to save tax. The maximum exemption combining all the above sections is Rs 1.5 lakhs. 80CCC deals with the pension products while 80CCD includes Central Government Employee Pension Scheme.

You can choose from the following for tax saving investments:

Employee/ Voluntary Provident Fund (EPF/VPF)
PPF (Public Provident fund)
Sukanya Samriddhi Account
National Saving Certificate (NSC)
Senior Citizen’s Saving Scheme (SCSS)
5 years Tax Saving Fixed Deposit in banks/post offices
Life Insurance Premium
Pension Plans from Life Insurance or Mutual Funds
NPS
Equity Linked Saving Scheme (ELSS – popularly known as Tax Saving Mutual Funds)
Central Government Employee Pension Scheme
Principal Payment on Home Loan
Stamp Duty and registration of the House
Tuition Fee for 2 children

24/03/2019

A STORY BEHIND THE BRAND:
MCDONALD'S
Ray Kroc, the founder of the McDonald's Corporation, spent most of his professional career selling paper cups and multimixers. In 1954 he visited a restaurant in San Bernardino, California that had purchased several multimixers.
Then he found a small but successful restaurant run by brothers Dick and Mac Mcdonald and was stunned by the effectiveness of their operation.They produced a limited menu, concentrating on just a few items - burgers, fries and beverages - which allowed them to focus on Quality and Quick service.
They were looking for a new franchising agent and Kroc saw an opportunity. In 1955, he founded Mc Donald's System Inc, a predecessor of Mc Donald's Corporation and started an Mc Donald's franchise in Illinois

22/03/2019

Equity-linked savings scheme VS Tax Saving FD

22/03/2019

Finance in laymen's terms :

#4 - Equity Linked Savings Schemes (ELSS)

ELSS is a diversified equity mutual fund that offers tax deductions up to Rs. 1.5 lakhs annually. It comes with a 3- year lock-in period. Previously, ELSS returns were completely tax-free. However, post Budget 2018, the long-term capital gains tax in excess of Rs 1 Lakh would be taxed at 10%.

17/03/2019

Finance in laymen's terms:

#4- Mutual Funds

A mutual fund is a basket of
shares. Suppose you invest with mutual fund company ABC. ABC gets money from
you and turns around to invest the money in different stocks. The types of stocks
and the investment proportion in each are up to the mutual fund companies to
decide. But generally speaking, funds are specialized. For example, a single mutual
fund company (AGF, e.g.) can offer many specialized funds such as fixed-income
fund, equity fund, and Asia fund. A fixed-income fund would invest in only fixedincome securities such as T-bills and bonds. Likewise, an Asia fund would invest in
only stocks in Asia (e.g., Hong Kong, Japan and Singapore). Since a mutual fund is a
basket of different securities, the fund value is more stable relative to a single share
price.

16/03/2019

Finance in laymen's Terms :

#3 - Insider Trading

Insider trading is the buying or selling of a security by someone who has access to material nonpublic information about the security. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still nonpublic.

11/03/2019

Finance in laymen's terms

#2-Algorithmic Trading

Algorithmic trading is a method of executing a large order (too large to fill all at once) using automated pre-programmed trading instructions accounting for variables such as time, price, and volume to send small slices of the order (child orders) out to the market over time.
Algorithmic trading makes use of much more complex formulas, combined with mathematical models and human oversight, to make decisions to buy or sell financial securities on an exchange.

05/03/2019

Finance in layman's terms:
#1- American Depositary Receipt (ADR)

A negotiable certificate issued by a U.S. bank, representing a specific number of
foreign shares. The foreign shares are usually held by the bank’s branch or its
correspondent in the foreign country. ADR’s are traded on a U.S. stock exchange
(e.g., the NYSE) in U.S. dollars and can be bought or sold just like domestic shares.
Therefore, ADR’s are a convenient way for U.S. investors to invest in foreign shares.

25/11/2018

BJP has now become the number one Indian television advertiser.

20/11/2018

resigns here is the detail picture of the big story by Founding fuel. A lesson to learn for startup and entrepreneurs.

Less than six months after their momentous deal with Walmart, both co-founders Sachin Bansal and Binny Bansal are out of Flipkart. It is a sad commentary on the hubris and the immaturity that’s gripped India’s high-flying tech entrepreneurs