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• Monthly Income Plan: Investment that Generates Income and Capital Appreciation

  If your aim as investor is to generate income and capital appreciation at the same time Monthly Income Plans (MIP) can prove to be a good option. MIP’s are funds offered by various mutual fund houses and they are structured to achieve two objectives... Posted Mar 10 2013, 11:58 PM by Yogi with | with no comments Filed under: mutual fund, income

• Budget 2009 – What it means for you?

  Now that the dust has settled down, let’s look at what the Budget 2009 means to you and me as tax payers. The tax slabs for the basic exemption limits has been increased as follows: Senior Citizens – Income upto Rs.240,000 exmpt from tax (earlier limit... Posted Aug 29 2009, 07:20 AM by Yogi with | with 1 comment(s) Filed under: shares, income, gift, Fringe Benefit Tax, allowances, immovable property, effective maximum marginal tax rate, Section 80DD, Section 80E, sculpture, movable property, SARAL2, tax payer, perquisites, non-relatives, higher income segment, budget 2009, tax slabs, wealth tax, Section 208, recipient, archaeological collection, vocational studies, maintenance, reimbursements, jewellery, AY 2010-2011, surcharge, Advance Tax, paintings, art work, securities, exemption limit, FBT, Senior citizen, medical treatment, disabled dependent, education loans