he player auctions for the IPL 2010 took place on January 19th. Kieron Pollard and Shane Bond were the biggest buys at the third IPL auction in Mumbai, each fetching the maximum possible bid of $750,000. However, the biggest surprise was the fact that not a single Pakistan player was signed up by any of the franchises. There was not even one bid for any of the Pakistani players, which is quite surprising considering the fact that they are the current T20 world champions. The overlooked Paki players included some …
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ELSS-Equity Linked Savings Scheme
Tax is a word of hatred for most people, but it is a word that shows our respect to country.So the country or system also shows us some respect.Eventhough the 2 above statements invite some debate, the fact is certain saving schemes help us save our hard earned money. When a newly employeed person thinks about investment, there are two things that comes upfront, should i go for a tax saving deposit or an investment maximising deposit. If you answers yourself as tax savings then you …
A proper understanding of section 80C of Income tax act will help you save much of your hard earned money.Before that a few sentences on income tax.Income we earn is subject to a tax. Govt levies a certain amount of money as income tax depending upon your income.This falls in different categories like male/female, senior citizens, salary slab etc. Income tax can be defined as all sources of income other than agricultural income which Central Government collects levies and shares it with the states. According to the Income Tax …
Read the full Post »Atlast the Beast is entering Indian markets.Speculations of Harley Davison entering India markets came to an end with the Auto-expo-2010. The American auto giant made there point clear, they are coming to India with 5 different variants of Harley. According to Harley Davidson vice-president Timothy Hoelter who visited India in September 2005,
”India is among the few motorcycle markets in the world that’s growing at a fast pace and we are surely looking at a presence here”.
It took 5 years for them to confirm the entry.Average Indian will be happy that …
Read the full Post »An Overview on Mutual Funds
MFs are funds operated by investment companies.They raises money from the public and invests in a group of assets like shares, debentures, bonds, govt. securities etc with certain objectives. MF’s is a substitute for those who are unable to invest directly in equities or debt instruments because of time or knowledge constraints. Mutual fund units are issued and redeemed by a Fund Management Company which is registered with SEBI (Securities Exchange Board of India). Mutual Funds are usually long term investment scheme but there some …
he uber-popular T20 cricket tournament has won one more exclusive rights deal. This time its with the internet giant Google. For the IPL-3 starting in two months time, all the matches would be broadcast live on the internet, through YouTube. Under the terms of the agreement Google will have the exclusive online rights for IPL contents and the two bodies would share revenues from sponsorships and advertising. This is also the first major live sporting deal for YouTube, and it comes as a surprise that it’s cricket which gets live-streamed …
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