Banking sector is a backbone of any economy.Indian banks have shown strength at the time of subprime problems as well when european central banks are in trouble.After increase in succesive interest rates by RBI banking stocks have come down reasonabally lower levels and chances are that interest rate may not be as usual ahead.If we…
Charges And Taxes Related To Different Financial Instruments:
Shares: Charges Taxes 1.Buy Brokerage 2.Sell Brokerage. 3.Annual demat maintenance Charges 1.Short Term Capital gain tax if shares sold within 1 year: 15% on capital gain. 2.No long term capital gain tax if shares are sold after 1 year. 3.STT : 0.125% on purchase 0.125% on sale Equity Mutual Funds: Charges Taxes 1.Scheme related…
Some Of The Recent Surprises:
We surprised when things are not as you thinks.Everyone might have gone such surprises and here are some of the surprises I have recently. 1.Recently I went to ATM of one of the nationalized bank and surprised to view the notice.Notice was about the other bank customers and their transactions made at ATM.As per notice Other…