Disinvestment target has been raised and they have decided to club all insurance providers to create one giant disinvestment object.. That''s one heck of a great investment opportunity coming our way.. Guys and gals..get set to sell all your belongings, even your houses to grab shares in that offer...
Was there any significant divestment by BJP government in last 3-4 years where investors have made money.
I will not bet any money on this Government where focus and policies changes everytime on whims and fancy of one person.
Give me one sector or group of people, who is happy with the current budget. I will trust stranger in a deset but not this government. They can do anything to just to remain in power.
I was going to agree for a change but the post by Innovator made me rethink my contention .Truly that post is an eye opener for all of us who have been getting everything for free ..no?
Now Governmetn''s interests are aligned with you in your wealth creation efforts.
Since 31st Jan prices are the base and logically, LTCG tax will only applied if market crossed the base. Just seat back and relax while entire team works for you. Cheers!
1. How to withdraw application applied through online ASBA? 2.If not possible, can we sell in greyis market? 3. What rate can be expected?now and listing price 4. Can the market recover after initial fear over the budget by the time trading starts? If all else fails and shares are allotted, how long to hold
Standard deductions of 40000 replaces 34200 existing reimbursements. So if you are in 20% tax slab with taxable income 10lac... U get 20% of 5800(40000-34200) i.e., *Rs 1160* benefit.
2. Edu cess increased from 3 to 4% so if your income is 10lac you are paying 112500 tax. 1% additional tax on this i.e., *Rs 1125*.
*So Rs 1160-Rs 1125, salaried class get Rs 35 relief!*
IF market is doing great or OK and did not fell from curret levels then expect share to trade between 1650 to 1700.
You can see high of 1750 within 3 days of listing.
338. Aniketiaf| Link| Bookmark|
February 1, 2018 9:59:21 PM
IPO Guru (1800+ Posts, 10200+ Likes)
If I m wrong, than please correct me.............. Standard deductions of 40000 replaces 34200 existing reimbursements. So if you are in 20% tax slab with taxable income 10lac... U get 20% of 5800(40000-34200) i.e., *Rs 1160* benefit.
Edu cess increased from 3 to 4% so if your income is 10lac you are paying 112500 tax. 1% additional tax on this i.e., *Rs 1125*.
*So Rs 1160-Rs 1125, salaried class get Rs 35 relief!*
After GST 1st budget After DeMonetisation 2nd budget
No more relief in Income Tax No reduction in STT.In fact introduction of LTCG Tax again from today itself ! and that too on 1 lac rs. !!
No more growth oriented budget for business. No more job opportunity. In this sense MAKE IN INDIA means Hindustan me SABCO banana.!!! Right mere pyare desh vasiyo ???
You may contact India infoline ltd KAMALA MILLS COMPOUND, LOWER PAREL MUMBAI
330. ipo share| Link| Bookmark|
February 1, 2018 5:11:54 PM
IPO Guru (1600+ Posts, 800+ Likes)
Since budget provision of long term capital gain @ 10 % will apply from 1st April, selling may come in Feb & Mar. Not good for market if it is not withdrawn.
330.1. lokes| Link| Bookmark|
February 1, 2018 5:21:46 PM
IPO Guru (4400+ Posts, 5100+ Likes)
exemption is till 31st jan only, whoever will sell in feb and march, they also have to pay tax for their long term holdings.....if profit is more than 1 lakh so not much impact on market....that''s why market recovered....
330.2. mDelhi| Link| Bookmark|
February 1, 2018 6:51:46 PM
Top Contributor (200+ Posts, 100+ Likes)
What? They only added LTCG to the existing STT? ..That seems to be one hell of an investor friendly budget.....Folks thought they might add some Capital Loss tax too ...like much needed pinch of salt to the already scrumptious tax recipe ....
GALAXY SURFACTANTS LIMITED IPO FINAL SUBSCRIPTION FIGURES QIBs -- 54.27X NIIs -- 6.96X RIIs -- 6.00X TOTAL -- 20.00X TOTAL FORMS -- 11,41,610 APPLICATION WISE -- 5.14X ALMOST 1 OUT OF 5 DUE TO OVER SUBSCRIPTION BY THE QIBs, LISTING WILL BE POSITIVE SIDE ONLY.
328.1. Hari ji| Link| Bookmark|
February 1, 2018 5:28:57 PM
Top Contributor (400+ Posts, 400+ Likes)
@KING VINOD friends I miss this ipo Because I wait your final call. You give final call after 3 pm and My bank allow submit till 3 pm.