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Month: February 2008

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Budget 2008: Short Term Cap Gains Up, Service Tax Extras and Relief

Short Term Capital Gains Tax up to 15% The FM has rationalised this by saying it needs to be equal to dividend distribution tax, and to promote longer term ...

Budget 2008: Income Tax Slabs Changed

Update: Click here to find out how much you save on tax in 2008. compared to 2007. Just finished the Budget speech. Income tax slabs have been changed. Upto ...

Sebi Makes Mutual Funds Charge You More

The latest from the SEBI stable is: The rapid fire manner in which the standard warning “Mutual Fund investments are subject to market risks, read the offer ...

Long Term Nifty Options from March 3

NSE has announced new longer term Nifty options, starting March 3. Apart from the current structure (Current Month, Next Month and Far Month) there will be ...

Why I Am Very Bullish On Gold

Not really the ten reasons, but one step at a time. So the US economy is crapping out. Big deal? Yessir, very big deal. Dollar hits big time lows. What happens ...

FIIs : Unwind P-Notes Sold To Individuals Within One Year

After the big drama in October 2007, it seemed like FIIs were getting the short end of the stick. (I still think they created a big fuss out of nothing. The US ...

The American Dream

Hilarious. You can quite easily replace “America” with “India” and “Red, White and Blue” with “Saffron, White and ...

The U.S. situation – Bullishness Where There's Only Bull

U.S. home foreclosures are up 90% in Jan 2008. Defaults among subprime borrowers and those unable to meet rising payments on adjustable-rate loans drove ...

Reliance Power Bonus at 3:5

So the bonus is here. 3:5 it seems, so if you own five shares, you will soon get 3 more. When? I don’t know, they haven’t announced the record date ...

Comparing Dhoni With Mukesh Ambani, Why Stop There?

Economic Times proves that Statistics is like a bikini: it hides more than it reveals. Dhoni, they say, gets paid more than Mukesh Ambani. The chief executive ...