Intraday Buy Ivrclinfra @ CMP: 38.80
tgt 39.80
SL: 38.45
Tuesday, November 20, 2012
USD INR buy call rocking
Our USD/INR buy call @ 54.80 rocking
55.50 almost about to achieve.
Hold for revised target of 55.80
Mint money with us.
55.50 almost about to achieve.
Hold for revised target of 55.80
Mint money with us.
Tuesday, November 13, 2012
Monday, November 12, 2012
Happy Diwali
Wish you all a very Happy Diwali and keep reading for a Prosperous New Year's Calls here.
Mint Money With Us.
Happy Diwali!!!!
Mint Money With Us.
Happy Diwali!!!!
Sunday, November 11, 2012
Positional USDINR call update
Our USDINR Nov contract buy call rocking:
http://questninvest.blogspot.in/2012/10/forex-call-for-usdinr.html
CMP: 55.25
Book partial profits here.
High risk traders should hold for 55.50
Mint money with us.
Contact churn2earn@gmail.com for such Super calls.
http://questninvest.blogspot.in/2012/10/forex-call-for-usdinr.html
CMP: 55.25
Book partial profits here.
High risk traders should hold for 55.50
Mint money with us.
Contact churn2earn@gmail.com for such Super calls.
Intraday Call SBI
Intraday Buy SBI future @ CMP 2172
Tgt: 2186
SL: 2163
Only call for this Diwali Now
Tgt: 2186
SL: 2163
Only call for this Diwali Now
Diwali Dhamaka SuperRocks
Our Diwali Dhamaka Call McDowells Super Rocks...
McDowell Book Super Profit at cmp 1550
call given at 1338 two days back.
Mint Money with us.
Happy Diwali
McDowell Book Super Profit at cmp 1550
call given at 1338 two days back.
Mint Money with us.
Happy Diwali
Friday, November 9, 2012
Diwali Dhamaka call
Our Diwali Dhamaka Call McDowell Rocked
High made : 1425
Mint money with us like never before........
contact: churn2earn@gmail.com for subscription.
High made : 1425
Mint money with us like never before........
contact: churn2earn@gmail.com for subscription.
Wednesday, November 7, 2012
Positional Buy McDowell *Diwali Dhamaka Call*
** Diwali Dhamaka Call **
Positional Buy McDowell @ 1338
Tgt: 1450
SL: 1290
(for 2-5 working days only)
Positional Buy McDowell @ 1338
Tgt: 1450
SL: 1290
(for 2-5 working days only)
Tuesday, November 6, 2012
Join to Earn on Superhit calls
Those who have tracked our calls must have seen the hit ratio.
We give calls only when it has a reason.
That ensures high profitability ratio of the calls.
Those who want a proper service, shall contact us on churn2earn@gmail.com
We give calls only when it has a reason.
That ensures high profitability ratio of the calls.
Those who want a proper service, shall contact us on churn2earn@gmail.com
Exit All intraday Calls
Please Book profit in all intraday calls.
No call to be carried over for tomorrow.
Can buy Grasim for BTST.
No call to be carried over for tomorrow.
Can buy Grasim for BTST.
Monday, November 5, 2012
Sunday, November 4, 2012
Intraday Call ICICI Bank
Intraday Sell ICICI Bank Future @ 1081
SL: 1091
Tgt: 1065
Please book profits as per your decision.
SL: 1091
Tgt: 1065
Please book profits as per your decision.
Tuesday, October 30, 2012
Tax slabs for Financial Years 2011-2012 and 2012-2013
Income tax slabs 2011-2012 for General tax payers
| Income tax slab (in Rs.) | Tax |
|---|---|
| 0 to 1,80,000 | No tax |
| 1,80,001 to 5,00,000 | 10% |
| 5,00,001 to 8,00,000 | 20% |
| Above 8,00,000 | 30% |
Income tax slabs 2011-2012 for Women
| Income tax slab (in Rs.) | Tax |
|---|---|
| 0 to 1,90,000 | No tax |
| 1,90,001 to 5,00,000 | 10% |
| 5,00,001 to 8,00,000 | 20% |
| Above 8,00,000 | 30% |
Income tax slabs 2011-2012 for Senior citizen (Aged 60 years but less than 80 years)
| Income tax slab (in Rs.) | Tax |
|---|---|
| 0 to 2,50,000 | No tax |
| 2,50,001 to 5,00,000 | 10% |
| 5,00,001 to 8,00,000 | 20% |
| Above 8,00,000 | 30% |
Income tax slabs 2011-2012 for Very Senior citizen (Above 80 years)
| Income tax slab (in Rs.) | Tax |
|---|---|
| 0 to 5,00,000 | 0% |
| 5,00,001 to 8,00,000 | 20% |
| Above 8,00,000 | 30% |
---------------------------------------------------------------------------------------------------------------------------------------------
India Income tax slabs 2012-2013 for General tax payers
| Income tax slab (in Rs.) | Tax |
|---|---|
| 0 to 2,00,000 | No tax |
| 2,00,001 to 5,00,000 | 10% |
| 5,00,001 to 10,00,000 | 20% |
| Above 10,00,000 | 30% |
India Income tax slabs 2012-2013 for Female tax payers
| Income tax slab (in Rs.) | Tax |
|---|---|
| 0 to 2,00,000 | No tax |
| 2,00,001 to 5,00,000 | 10% |
| 5,00,001 to 10,00,000 | 20% |
| Above 10,00,000 | 30% |
India Income tax slabs 2012-2013 for Senior citizens (Aged 60 years but less than 80 years)
| Income tax slab (in Rs.) | Tax |
|---|---|
| 0 to 2,50,000 | No tax |
| 2,50,001 to 5,00,000 | 10% |
| 5,00,001 to 10,00,000 | 20% |
| Above 10,00,000 | 30% |
India Income tax slabs 2012-2013 for very senior citizens (Aged 80 and above)
| Income tax slab (in Rs.) | Tax |
|---|---|
| 0 to 5,00,000 | No tax |
| 5,00,001 to 10,00,000 | 20% |
| Above 10,00,000 | 30% |
Information shared via source.
Compute and Save Tax
Following are the possible investment instruments to save upon your income tax and further help for tax computation:
1) Section 80 C Limit Unchanged (Rs. 1,00,000)
• Deduction on life insurance policy, taken after 1 April 2012, will be allowed only if yearly premium is less than 10% of sum assured. This is a new change from c.y. earlier it was 20%. If its more than 10% then not eligible for deduction u/sec. 80C
• ELSS
• PPF
• EPF
• FD for 5 years
• Pension Plans
• NSC
• Post Office SB
• Infrastructure Bonds
• Expenditure on Children Education (Upto Rs. 200 per month for upto 2 children)
• Tuition fees (Only Tuition fees excluding Development Fees, Donations, etc. Maximum allowed: Rs. 24,000/-)
• Housing loan principal
• Deferred Annuity
• Approved Super Annuation Fund
2) Section 80 CCF – Additional Rs. 20,000 on investments towards approved Infrastructure bonds (withdrawn)
3) Section 80CCD:
Deduction under this section can be claimed only if the contribution to your NPS account is made by your employer and the deduction is limited to a maximum of 10% of your basic salary. Returns on NPS are tax free, but withdrawal is still taxable. The deduction under sec 80CCD is over and above the deduction available under sec 80C.
4) Section 80 D
Deduction under section 80D
• Deduction of Rs. 15000/- is allowed if the same is paid as premium for Medical Insurance taken for self / dependents or towards preventive health check-up (max Rs. 5000). In case any of self / dependents is a senior citizen, the deduction allowed is Rs. 20000/-
• Additional Rs. 15000/- is allowed as deduction if the same is paid as premium for Medical Insurance taken for parents. In case the parent is a senior citizen, the deduction allowed is Rs. 20000/-
5) Section 80DD
Deduction under section 80DD
• Exemption given for Expenditure made for a disabled dependant towards Medical Treatment/Training/Rehabilitation. It also includes the LIC/Insurance premium paid towards maintenance of such dependant.
• Maximum deduction allowed is Rs. 50,000/- in case of normal disability and Rs. 1 Lakh in case of severe disability.
6) Section 80DDB
Deduction under section 80DDB
• Exemption given for expenditure incurred on specified disease or ailments such as cancer/aids.
• Maximum deduction allowed is Rs. 40,000/-. In case of Senior Citizens, maximum deduction allowed is Rs. 60,000/-
7) Section 80E
Deduction under section 80E
Deduction is allowed for repayment of interest component of Higher Education loan. All education after Class 12 is allowed, either vocational or Fulltime. But should be from a school/institute/university recognized by the government.
8 ) Section 80G
• Contribution to exempt charities – 25/50/75/100% depending on the charity and as per approval
• 100% exemption on donation to political parties
9) Section 80U
Deduction under section 80U
• Deduction upto Rs. 50,000/- is allowed in case of Permanent Disability.
• In case of Permanent Disability exceeding 80%, maximum deduction allowed is Rs. 1,00,000/-.
10) Section 24(1)(vi)
• Housing loan interest.Maximum Investment Limit – Rs. 1,50,000 (for loans taken after 1 April 1999, for loans before that Maximum Investment Limit 30,000).
11) Superannuation – Any contribution made by a company to superannuation fund upto Rs. 1,00,000 tax free in the hands of the employee.
12) Conveyance/Transport Allowance – Any Conveyance / Transport Allowance given to an employee is tax free upto Rs. 9,600 /- (No Supporting Bills required).
13) Medical Allowance – Any Medical Allowance given to an employee is tax free upto Rs. 15,000 /- (Supporting Bills required).
14) HRA – Any House Rent Allowance given to an employee is tax free upto the minimum value of the following conditions (subject to – when an employee can produce rent paid receipts from landlord for the period and if the employee has not availed of tax exemptions for home loan interest / principal repayment):
a) 50% of Annual Basic (40% of Annual Basic in case of non-metros)
b) Actual HRA received
c) Rent Paid – (10% of Annual Basic)
15) Professional Tax – Any Professional Tax deducted from an employee’s salary can be reduced from the annual salary income to arrive at taxable salary.
16) Provident Fund – Provident Fund contributions (under section 80 C and subject to an overall investment limit of Rs. 1,00,000 ) deducted from an employee’s salary are tax exempt.
17)80CCG – Direct Equity Investment – Under ‘Rajiv Gandhi Equity Savings Scheme’ – a new equity investor will be able to claim 50% of his investment in direct equity as deduction subject to maximum investment of Rs. 50,000 and provided his taxable income is below Rs. 10 lacs. The investment will be subject to 3 years lock-in.
Update 23 Sep 2012: Government has notified this scheme. Mutual funds and ETFs that invest in BSE100 or CNX 100 stocks or PSUs which are Navratna, Maharatna and Miniratna will qualify under this scheme. These investments can be traded over stock exchange after 1 year of investment. New equity investor has been defined as someone who has opened a Demat account but has not bought any securities till date of notification of this scheme (22 Sep 2012).
18) Section 80TTA – Savings Bank Interest - No tax will be charged on interest earned on balance in savings bank account subject to a maximum of Rs. 10,000 per year.
Monday, October 29, 2012
Figures
CRR is 4.25 vs 4.5 previous, REPO RATE unchanged at 8%, reverse repo rate remain unchanged at 7%
Sunday, October 28, 2012
Thursday, October 25, 2012
Intraday call
Sell PNB future @ 803 CMP (50% at CMP)
Sell more at 825
tgt: 765
Result based momentum call.
Wednesday, October 24, 2012
Intraday Forex call
Buy USDINR Oct @ 53.78 CMP
Tgt: 54.20
SL: 53.65
for intraday.... If you can hold, Next Tgt is 55.
Tgt: 54.20
SL: 53.65
for intraday.... If you can hold, Next Tgt is 55.
Tuesday, October 23, 2012
Simple plan but really beautiful
Other Benefits:
:- Tax benefit U/S 80C on the premium
paid (upto Rs. 1 lac )
:- Insurance coverage for double
the premium payment term.
:- Tax free returns U/S 10(10) D
:- Reasonably good returns on
your investment.
If your age is 31 yrs:
10 year plan:
Pay Rs. 4,742/- monthly for 10
years.
Total Amount Paid: Rs.:
5,69,040/-
Relax
and
stay protected for total 20
years.
Start receiving Rs. 10,000/- per
month for next 10 years.
Total received: Rs. 12,00,000/-
In case of any mis-happening
before the receiving period starts, beneficiary starts receiving Rs.
10,000/- per month for next 20 years.
Total Amount received: Rs.
24,00,000/-
Contact for more details.
Buy Ranbaxy
Intraday Buy Ranbaxy Future at around 542-543, tgt: 554 SL: 537
Momentum Call
Carry for Tomorrow
Momentum Call
Carry for Tomorrow
Forex Call for USDINR
Buy USDINR Nov at around 53.40 and more at 53.20 and hold for 55
SL: 53 (strict)
CMP: 53.83
November contract strictly.
wait for the call to initiate.
short term call.
Buy 50% at CMP and remaining @ 53.40
November Contract
Tgt: 55
SL: 53 (strict)
CMP: 53.83
November contract strictly.
wait for the call to initiate.
short term call.
Buy 50% at CMP and remaining @ 53.40
November Contract
Tgt: 55
Monday, October 22, 2012
Mid Term Stock Call
Buy Indiabulls Real Estate @ 63, SL:- 59.85, Tgt 1:- 68, Tgt 2:- 71
Medium to short term call.
Medium to short term call.
Monday, October 15, 2012
Buy Silver for short term
Buy Silver @ 60750, SL : 60250, Tgt1: 61590, Tgt 2: 62050, Tgt 3: 63660
Silver has turned up with the selling pressure and has shown short term positive trend towards 63660.
But Stop Loss should be strictly maintained.
Silver has turned up with the selling pressure and has shown short term positive trend towards 63660.
But Stop Loss should be strictly maintained.
Monday, July 30, 2012
Knowledge Series 1 - SIPs : The Basix of Investments
Hi,
Good Morning!
I have noticed that there is quite a good awareness about Term Plans yet people are concerned about getting the money back.
My previous post should have cleared all your doubts and must have created a significant interest for Term Plans.
Today we will move ahead with our third important ingredient of Financial Planning : SIP – Systematic Investment Plan.
An SIP – Systematic Investment Plan is any investment made systematically via month on month basis for a long term. This investment serves as a key ingredient of financial planning and helps us accumulate wealth through our monthly savings. The future value is supposed to yield us quite handsome returns.
An SIP can be classified in two types on the basis of risk:
1) Market linked: Any SIP made in an instrument that invests into stock market is risk oriented and may yield you quite handsomely depending on the market performance. This can be done via Mutual Funds and Unit Linked Insurance Plans.
2) Non market linked: Any SIP made in an instrument that does not invest into stock market and tends to provide limited but safe returns without any risk. This can be done via a Recurring Deposit at a Bank or a Post Office or an Endowment Insurance Plan in monthly mode. Returns are same but an Endowment Insurance Plan gives more benefits like tax saving, insurance cover and Tax-free returns at the end of the term.
The benefits of each kind of SIP is as per the risk profile of the investment made.
For example, investing in high risk instruments like equity shall yield you multifold and on the same side carries similar amount of downside risk also.
But if an average return of 15% per annum is considered, an investment of Rs. 5000/- per month (Annually Rs. 60,000/-) for 20 years (total amount invested is Rs. 12 lac) yields Rs. 75,79,775/-.
That’s a multifold yield, isn’t it?
Similarly, a Non market linked SIP shall yield at around 8% per annum, and the amount comes out to be Rs. 29,64,736/- in 20 years.
A little conservative, but good for those not interested in taking high risks.
Moreover, if it’s an insurance SIP, it’s a Triple Benefit scheme. You get tax exemption on investment made, you get insurance cover accordingly and finally, the returns are totally tax-free. Far better than a Recurring Deposit!
But one important thing to keep in mind is that, “Never put all your eggs in the same basket”.
So diversify your SIPs properly as per your risk taking capacity and always plan for long term investments.
If you are not sure about your risk taking capacity, contact me at gauravkabra@gmail.com to advise you for it.
Happy Investing!
Wednesday, July 18, 2012
Knowledge Series I - Truth about Term Insurance
Out of the three ingredients, today i am detailing you about the second one:
Term Insurance
A Term Insurance Policy is an insurance that provides purely risk cover. You are charged only for the mortality(risk) charges and hence the premium is way too low than any other kind of life insurance. In case of an unfortunate event like demise of the insured, the beneficiary gets the entire amount by the insurance company. Since the premium is very low, one can take high amount of risk cover.
Benefits:
a) High Sum Assured on very low cost.
b) ECS mode available for yearly renewal.
c) Single policy of the earning member can protect entire family’s future.
d) Riders available for Critical Illness, Accidental Death and Permanent Disability.
e) Tax benefit U/S 80C on the amount of premium paid.
I would like to share a simple comparison that’ll clarify you why to buy something which is not going to yield you anything till you are alive.
If you need an insurance of 1 crore, how much premium do think you will need to pay yearly?
Normally, Insurance companies provide 15 to 20 times cover of your yearly premium.
So even if we take higher multiple, i.e., 20 times, you’ll need to pay Rs. 5 lac as yearly premium to take this amount of cover.
What if you get this 1 crore cover in just 15k-20k per annum?
You are saving upon Rs. 4,80,000/- per annum. Now invest in the best instruments to get maximum benefit in long term rather than investing this huge amount in just insurance and getting a yield of just 6%-8% p.a.
An example:
Age: 30
Risk Cover: 1 crore
Category: Non-Smoker
Premium Range: Rs. 9,000/- to Rs. 20,000/-
Imagine investing 5 lac p.a. @ 8% p.a. in insurance and 4.80 lac p.a. @11% p.a. in other instruments (like Mutual Funds, FDs etc)
Rs. 5 lac for 20 yrs (total 1 crore invested)
@8% p.a. yield for 20 yrs :- 2.5 crores (compounded yield)
Rs. 4.80 lac for 20 yrs (total 96 lacs invested)
@11% p.a. yield for 20 yrs :- 3.5 crores (compounded yield)
Now the question is, how much risk cover do you need?
For this, you need to calculate your Human Life Value. Contact our financial consultants to find out your exact insurance requirements.
For any query, mail me at gauravkabra@gmail.com
Happy Investing!
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