As the D-day is comming closer, there is lot of speculation about what the so called ‘Finance Budget’ has in store for everyone. On one hand there have been requests from every sector to either cut the duties or taxes or to exempt them from certain levies or not to bring them under the purview [...]
Archive for February, 2006
Capital Gains tax on FoF to go..
A good news for the people who invest in mutual funds. Now the taxmen might be a little liberal on your hard earned money from mutual funds. The FM is is considering a proposal to exempt “fund of funds†(FoF) mutual funds from long-term capital gains in the forthcoming Budget. Funds of Funds are the [...]
Google starts India operations!!
Google, world’s largest search engine company commenced its operations in India yesterday. Well….the way Indian markets are growing and given the scope out here, how could have Google be left behind. It set up two offices in Delhi and Mumbai to primarily increase its advertisement revenue. Few weeks ago, Google was rated as the most [...]
Forum4CA goes International now !!
Our Mr. Naresh Vaid (FCA) have been interviewed by CNN along with me today, i.e. 7th Feb. 2006 and it would be telecasted either 17.30 to 18.30 or 19.30 to 20.30 today. It contains our views on the upswing of the Indian Stock Market. This 2 minutes clipping will also have views on the anticipated [...]
Investment Idea for 7th Feb
AVOID TRADING IF NOT A QUICK TRADER. INVEST WISELY, TRADE SHARP. SMALL LOSSES ARE BETTER THAN BIG HOLES IN POCKETS. TODAY, ABOVE 9910 (2980) INDICES WILL REMAIN FIRMLY IN BULL GRIP, RISING FURTHER TO 10082 (3032) OR EVEN 10174 (3062). ON THE DOWNSIDE SUPPORT EXISTS AT 9820 (2950). STOCKS WHICH HAVE GIVEN FRESH BREAKOUT ARE [...]
Be ready to face more challenges.
Professionals always have to take up challenges and have to prove themselves time and again. And no professional should averse to take up challenges. So Indian Chartered Accountants should be ready and be prepared now for more. THE Institute of Chartered Accountants of India (ICAI) has finaly decided to remove the restriction on practising chartered [...]
The barrier broken !! Indian Sensex crosses 10,000 mark.
Sensex Big Bang! The Sensex today created history by touching the magical figure of 10,000 points. It reached the 10K psychological mark following across-the-board purchases by foreign institutional investors (FIIs) as also domestic mutual funds. The market barometer was at 10,002.83 points higher by 260.25 points. The major support to the Sensex came from reliance [...]
New Investment Ideas
STOCKS WHICH HAVE SHOWN RESILIENCE AND ARE HIGHLY BULLISH ARE – WOCKHARDT LTD., NTPC, ORCHID CHEMICALS, INGERSOLL RAND, HEXAWARE, BHARATI TELE, BHARATI SHIPYARD, TVS MOTORS & MOSER BAER. THESE STOCKS ARE FIRING ON ALL CYLINDERS AND HAVE STILL SOME JUICE LEFT IN THEM. IF YOU HAVE THEM HOLD AND ADD AT EVERY DECLINE FOR EXCELLENT [...]
Now jewellers are the next!!
There is a speculation amongst all the jewellers and goldsmiths that they might be included within the purview of Service tax. Rumours are doing rounds within the jewellers lobby that the service tax may be imposed on them in this budget fearing which their representatives appealed to the Government not to take any such step. [...]
Freshers….
freshers..take a look on it… it is a very serious matter dat a fresher must take into consideration.i m talking abt how many of you would like to agree dat for a fresher is it better to join a big 4 or he should take up the prospects of a middle class c.a.(others also) firms……and [...]
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