Here are some of the frequently asked questions by investors about different investment products. 1.How to calculate income tax on Infrastructure Bonds: Infrastructure bonds carry tax benefits U/S 80CCF but interest received is taxable similar to bank fixed deposits.In fact,, interest flow statement certificate was expected to provide from Bond Issue companies.As it has not provided…
Review of Helios & Matheson Fixed Deposits:
Helios & Matheson is Chennai based IT company started operation in 1991 and having offices in india and subsidiaries in USA and Singapur. Company have registered at National Stock Exchange in 1999 and current stock price is 32. Company is in profit since its inception and profit for Q4 ended March 2011 was 498 Lakhs….
Rec Infra Bonds Allotment
REC Infra bond application receival advice is now available on registrar website www.beetalfinancial.com Deemed date of allotment is 31 st March 2011. Investor can use this advice to claim 80-ccf tax benefit maximum upto Rs. 20000/- in financial year. Investors will receive interest on every 31 st March and will be credited in bank account provided…