Budget 2017 and its impact on personal Tax Saving,Mutual funds,Real Estate & NPS Changes proposed in personal income tax slab: Tax rate for individuals having income in the range of Rs.2.50,000 to 3,00,000 reduced from 10% to 5%. Rebate of Rs.5000 u/s 87A have reduced up to Rs.2500/-.This rebate will now available if taxable income…
Mid Cap Mutual Funds:
Mid cap oriented Mutual funds: As name suggests, these funds have mandate to invest in mid cap or mid+small cap stocks. Due to high growth potential, such stocks can offer higher returns over blue chips, of course with commensurate higher risk.Also wide spectrum of stocks are available in mid cap space,so its also subject to…
9.50% SREI Infrastructure Finance NCD January 2017:
After successful debenture issue of its equipment finance arm,SREI infra finance has come up with an issue of secured debentures worth Rs.706.63 Crores. SREI Infra is BSE & NSE listed company providing financial products and consultancy towards infrastructure development,with particular focus on power,road,telecom,oil & gas,SEZ etc. Imp dates: 1.Issue open date:January 30, 2017. 2.Issue close…