Month: June 2011
Below are all the posts archived for the month.
Shriram Transport Finance NCD Oversubscribed
in Fixed Deposits
Shriram Transport Finance NCD was over-subscribed on the first day itself, and Business Standard reports that there is a lot of gray market activity on this NCD, much like there was on the SBI bond issue. India Infoline reports that the issue is closed for subscription already. I’m unable to find the official press release,
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Introduction to NCDs: Part 1
in Fixed Deposits
NCDs (Non Convertible Debentures) are in vogue these days, and though I’ve written about company fixed deposits earlier, I see that there are a lot of general questions about them, so here is a post about all the basics of NCDs. This post contains questions that I see most often, and I was driven to
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India’s Report Card on Google Transparency Report
in Personal Technology
Google Transparency Report is a lesser known Google initiative where they compile data on content removal requests and user identification requests at a country level, and publish it on the web. The idea is to show the level of censorship present in a country by releasing data on number of content removal request that originate
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Error in yesterday’s post and links
in Links
Reader Namit emailed to let me know that there was an error in yesterday’s post about income tax filing exemption. I had written that even if you had a fixed deposit you were exempt from filing income tax, but that’s not the case. Only if you earn interest from a savings account, and that’s less
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The 5 Lakh Income Tax Filing Exemption Limit Details
in Tax
I discovered something about the new rule that exempts people earning less than Rs. 5 lakhs from filing income tax returns that I hadn’t noticed before, and I thought I’d do a post on it. I didn’t know that you lost the income tax filing exemption if you had more than one job in a
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Shriram Transport Finance NCD Review
in Fixed Deposits
Shriram Transport is the latest company to offer a debt issue, and they’re going to offer NCDs (Non Convertible Debentures), to retail investors which offer interest rates from 11.35% to 11.60% per annum in the reserved category. The issue size is Rs. 500 crores (with an option to issue additional Rs. 50o crores if there’s
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Download Excel Based Retirement Calculator
in Retirement Planning
Reader Pattu  has developed a retirement calculator for his own use, and was interested in sharing it with other OneMint readers as well. I took a look at it, and liked what he’s done, so I’m sharing the calculator here. Download Retirement Planner He has also described his thought process, which I’m sharing below. Retirement
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Wealth Tax Under the Direct Tax Code
in Tax
This is another post from the Suggest a Topic page, and we’re going to look at Wealth Tax as proposed in the Direct Tax Code today. The source of this information is primarily Part E, Chapter X, Wealth Tax from the Direct Tax Code, and the Revised Discussion Paper on the Direct Tax Code, so
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Jeevan Arogya, Technology Caves and Getting Fooled by Fluency
in Links
I’ll start with this amazing Infographic from Trulia which shows the US cities that are popular among foreigners for home – buying. The data is based on search queries, and not strictly home buying but still makes for interesting reading. New York, San Francisco and Chicago are the top 3 cities for Indian Trulia users.
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Reader comment about ICICI Home Loan
in Articles
Piyush Modi had a very interesting comment on yesterday’s post, and this is relevant for people with home loans from ICICI Bank. It seems that he called them up to get something done, and they offered him a lower rate on an existing home loan, and saved him a lot of money! I’ve been thinking
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