Rajesh S.

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Enjoy PF Interest @9.5% tax free

Rajesh S. posted an article on - May 21, 2011, 8:36 am
Millions of PF account holders got a bounty of 9.5% interest for the year 2010-11. However there was a lack of clarity on the taxability of the Interest over 8.5% as the finance ministry had notified a interest exemption on PF deposits @8.5%.   In its notification No. 24/2011 dated 13th May,...
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DDA Housing Scheme 2010 Waiting List

Rajesh S. posted an article on - Apr 24, 2011, 5:51 am
DDA has announced the list of wait listed applicants who may be alloted flats, if flats alloted in the scheme are surrendered . The waiting list is valid only for a period of 9 months. A draw will be held only once after six months, from date of issue of demand letters, for allotment of the surrende...
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DDA HOUSING SCHEME 2010 DRAW RESULTS

Rajesh S. posted an article on - Apr 18, 2011, 8:43 am
DDA has announced the results of Housing Scheme 2010. Click the link below to check your allotment status. DDA Housing Scheme 2010 Draw Results
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DDA Housing Scheme 2010 Allotment Status

Rajesh S. posted an article on - Mar 27, 2011, 1:28 am
The draw for DDA Housing Scheme 2010 is expected to happen between 15th to 20th April,2011. This draw will determine the lucky 16000 applicants out of the 7.5 Lacs applications received for the scheme. DDA will also post the status of applicants eligible for the draw on 29th March,2011. Applicants w...
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Can I claim 80G deduction through my employer ?

Rajesh S. posted an article on - Mar 18, 2011, 1:54 pm
Section 80 G of the Income Tax act provides for deduction from  Taxable income in respect of donation made to funds and charitable institutions. These institutions must have obtained the required approval from Income Tax department.   I am covering two aspects in relation to the 80 G deducti...
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Stock Review : Power Grid Corporation

Rajesh S. posted an article on - Mar 5, 2011, 5:01 am
Safety Grid for your Portfolio Power Grid Corporation was incorporated as National Power Transmission corporation limited on October 23rd 1989 with an objective of forming a Nationwide Power Grid which would pave the way for integrated operation of central and regional transmission systems. In lin...
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Stock Review:Karuturi Global

Rajesh S. posted an article on - Sep 26, 2010, 4:48 am
Roses for greetings and Food for thought Founded by SRK (Sai Ramkrishna Karuturi) in the year 1994, Karuturi Global has matured into a leading producer of cut roses and has aggressive expansion plans  in the area of production of premium cereals to covert itself into a Complete Agriculture produ...
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IPO Update –Cantabil Retail India Ltd.

Rajesh S. posted an article on - Sep 25, 2010, 1:54 pm
Dressed up for the Show Cantabil has eneterd the capital markets with an offering of shares in the price band of Rs.127-135 to garner 105 crores for its expansion plans. Positives 1. Cantabil has a network of 411 exclusive retail outlets spread across India of which 141 outlets are exclusiv...
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IPO Update : Electrosteel Steels Limited

Rajesh S. posted an article on - Sep 21, 2010, 1:20 pm
New Baby in the world of Steel I have nothing exciting to write about this new kid on the block. The company is promoted by Electrosteel Castings Limited , which is a leader in Cast Iron pipes and Ductile Iron Spun pipes and I could find this as the only silver lining. The company is in the pr...
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IPO Update: Eros International media limited

Rajesh S. posted an article on - Sep 20, 2010, 1:12 pm
Full Entertainment for Investors too ! Eros International IPO is offering shares @ 158-175 to raise up to Rs. 350 crore. A quick look at the positives and concerns.     Positives 1. Eros has a content library of over 1000 films and the company is yet to milk these effectively. 2. Dive...
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IPO Update : Career Point Infosystems

Rajesh S. posted an article on - Sep 18, 2010, 7:35 am
This IPO may not be comparable to the likes of Everonn Edu which has given 400% return since its listing and it may not repeat the euphoria created by Educomp solution since its listing, but Career Point info systems definitely offer a opportunity to participate in a public offering of a new class o...
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