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Income Tax info & Calculator 2008 - 2009

Below given are the different tax slabs information. Please check which category you fall into. read more »
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Save Income tax with Life Insurance & Medical insurance premiums

Life Insurance is one of the tax saving instruments under section 80(C). You can avail tax benefit up to a maximum amount of Rs 1,00,000 in a financial year under section 80C. If you are paying an insurance premium for you or y read more »
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Income Tax saving idea : ELSS Mutual funds & ULIPS

Under Income tax Act section 80(C), you can reduce your taxable income by Rs 1,00,000. Investments in ELSS mutual funds & ULIP plans come under section 80(C). read more »
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How inflation is calculated in India

In the previous article we discussed about what is Inflation. Now we would like to cover how inflation is calculated in India. India uses Wholesale Price Index (WPI) to calculate inflation. read more »
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Advantages of Free-Float market capitalization method

A market index should reflect the market movements. Since the index funds follow a market index, it should consider only liquid scrips and the active por read more »
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What is merger and How merger of companies happen in stock market ?

Mergers and Acquisitions (M&As) is a phrase commonly used to represent either merger or acquisition or both. A merger usually takes place between two read more »
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What is Acquisition or Takeover of a Company ?

In an acquisition the acquiring company buys controlling stake in the acquired company. The acquired company is also referred to as ‘Target Comp read more »
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IPO – Agreement with Investment bank

A company first informs the underwriter how much capital it wants to raise through IPO. Then the merchant bank analyzes the market conditions and the read more »
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What is IPO?

IPO stands for Initial Public Offering. As the name suggests it’s the process wherein a read more »
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State Bank of India - Sensex stocks 9

Industry: Banking
No of shares: 634,880,222
Face value: Rs 10
BSE code: 500112
NSE code: SBIN
Chairman: Om Prakash Bhatt read more »
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Indian Markets Next week September 22nd 2008

Last week markets all over the world went through a very high volatile phase. Financial crisis scared the investors but settled down with the interve[...] read more »
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Larsen & Toubro(L&T) - Sensex stocks 11

Key data:
Industry: Construction, electrical equipment, financial and IT etc
No of shares: 1,696,229,639
Face value: Rs 2
BSE code: 500510
N[...] read more »
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What is CRR (Cash Reserve Ratio) ?

CRR is Cash Reserve Ratio. It refers to keeping a portion of net demand and time liabilities (NDTL) of banks with the central banks (In India it’s Re[...] read more »
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