Banking sector is a backbone of any economy.Indian banks have shown strength at the time of subprime problems as well when european central banks are in trouble.After increase in succesive interest rates by RBI banking stocks have come down reasonabally lower levels and chances are that interest rate may not be as usual ahead.If we…
Charges And Taxes Related To Different Financial Instruments:
Shares: Charges Taxes 1.Buy Brokerage 2.Sell Brokerage. 3.Annual demat maintenance Charges 1.Short Term Capital gain tax if shares sold within 1 year: 15% on capital gain. 2.No long term capital gain tax if shares are sold after 1 year. 3.STT : 0.125% on purchase 0.125% on sale Equity Mutual Funds: Charges Taxes 1.Scheme related…
NCD Issue: Shriram City Union Finance Ltd.
Before few months,there was a IPO wave and now it is replaced by NCDs.Today equity market is not doing well and investors are in search of something that can offer a good rate of returns on their investment.After Shriram Transport and currently ongoing IIFL ncd issue,Shriram City Union Finance NCD is on the way to…