Month: February 2013
Below are all the posts archived for the month.
List of all RGESS Mutual Funds
in Mutual Funds
In the last month or so several fund houses have launched their RGESS mutual funds, and while existing funds are also eligible for this rebate, that hasn’t stopped funds from launching schemes specifically for this purpose. I think that’s mainly because it helps for marketing purposes, and a secondary reason could be that you didn’t
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Tax Planning for the next year for salaried people
in Tax
This article is written by Aashish Ramchand, a Chartered Accountant by profession. Aashish is the co-founder of makemyreturns.com. He also has completed his CFA Level I (American) and is very passionate about writing articles on taxes and tax advisory. He can be reached at connect@makemyreturns.com People generally believe that when it comes to the Salaried class, there
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Warren Buffett on EMH
in Opinion
I recently came across Warren Buffett’s 1988 letter to shareholders and came across an excellent excerpt on the Efficient Market Hypothesis, which I think everyone who invests in stocks or mutual funds should read and understand. The EMH says that the markets are efficient as they price in all available information about a stock, and
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What is India’s CPI?
in Economy
CPI is Consumer Price Index, and is a globally used measure for inflation. India also uses CPI to measure inflation, but the WPI or the Wholesale Price Index is more widely watched. India launched a new Consumer Price Index in February 2011, and Dr. Ajay Shah lists down 4 ways in which this is meaningfully
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3 Amazing Videos and 4 Great Articles
in Links
I want to start this week by saying that I feel this is the best weekend links post that I have ever done, and is certainly my favorite by a long stretch. I’m going to share three amazing videos this week, and going through the videos and articles in this post may take about an
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Lakhs to millions conversions calculator
in Articles
I had created a crores to millions calculator some time ago, and on that post someone commented that a lakhs to millions calculator will also be useful because some companies report their results in lakhs, and then you have the need to convert them into crores or millions USD to compare it with other companies.
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Tax Free Bonds open for subscription in 2013
in Fixed Deposits
The last few days saw 4 companies announce the second tranche of their tax free bonds, and with the exception of HUDCO, the other three have identical interest rate and maturity periods. The interest rates on the second tranche has gone down when compared with the first tranche and that’s because the interest rate on
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IRFC Tax Free Bonds – 2013
in Economy
IRFC is the fourth company that I’ll be writing about which is issuing a second tranche of their tax free bonds, and their term structure is identical to REC and  PFC. The issue will also open on February 25th and close on March 15th 2013, and that’s exactly the same as the other two as
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REC Tax Free Bonds 2013
in Fixed Deposits
REC is the third company that I’m going to write about that has issued a second tranche of tax free bonds. PFC and HUDCO were the first two. REC had also released the first tranche of its tax free bonds earlier and like the other companies, it has lowered the interest rates on its second
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HUDCO Tax Free Bonds 2013
in Fixed Deposits
Just a few days ago PFC announced their tax free bond issue, and now HUDCO has also announced the second tranche of their tax free bond issue. The issue structure is similar to the earlier one but the interest rate is lower than the first tranche. This is because the interest rates on these bonds
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