The union budget is expected to be very consumer friendly, economists say its quite unexpected, the news of reiterated income tax slabs.There is a drastic difference with the previous slabs.Check Old tax slabs.Experts and govt says it need more money with the consumer.While presenting the budget to the house, finance minister said India had dodged the financial crisis successfully and revision of the income tax plans will surely help a major percentage of the tax payers. The government would allow a deduction of up to Rs 20,000 for investments in …

                                                    Failure is always a light to success. For instance FIAT motors in India, they started off in Indian market with their UNO, which failed to strike a chord with the customer. Hence UNO was no big success in India compared to the Brazil where it was big success. The fact is FIAT market study was not proper or they read the Indian customer wrong. They launched in India with the caption “Reliable & Sturdy”, but Indian buyers where looking for something elegant and prestigious. UNO orginally is a power …

                         A few decades ago the only luxurious car Indian roads were familiar with was Mercedes Benz, at that time Benz was the only symbol of elegance and pride.Now the scenario had changed.According recent market surveys, India is one of the fastest growing automobile markets in the world.And that is why auto makers around the globe are targeting Indian roads.And that is the reason other motor giants like Volvo,BMW,Audi entered our markets.These people even started making cars that suits Indian roads. Now most of these giants have their factories in …

Securties Market is a place where buyers and sellers can do transactions of there securities. So what is meant by securities?? The Securities Regulation act of 1956 defines securities as “instruments such as bonds, shares, debentures or any other marketable money of any corporate or govt. bodies which are declared as securities by central govt“. This is like transfer of idle resources in hands of common people(investors) to corporates who are in need of money.Which will act as an investment and a working capital for different parties.A more formal definition …

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 …