Dec 30, 2012

SAVE TAX

Investment options to save Tax:

One can save up to Rs.1,00,000/- u/s 80 C of the Income Tax Act.

Some of the popular options are . . .

  • Life Insurance Premium
  • ELSS (Equity Linked Savings Scheme)
  • Bank Tax Saver Fixed Deposit
  • NSC (National Savings Certificate)
  • PPF (public Provident Fund)
  • Your PF Deductions
  • Tuition Fees paid for 2 children
  • Housing Loan Repayment (Principal Portion)

Besides this One is eligible for Health Insurance Premium u/s 80 D.

Rs. 15,000/ for Self and Family (Spouse and Dependant Children)

and another Rs. 15,000/- on Parents Medical Insurance below age 60 years. For Senor Citizen Parents (age 60 and above) eligible amount is Rs. 20,000/- 

Invest and Save Tax

HAPPY INVESTING

Nov 24, 2012

Tamil Nadu Govt Public Holidays for 2013

Government of Tamil Nadu Released Public Holidays list for the Year 2013 under Negotiable Instruments Act, 1881.

(Under the “Explanation” to section 25 of the Negotiable Instruments Act,
1881 (Central Act XXVI of 1881) read with Notification of the Government of India, Ministry of Home Affairs, No.20-25-26, Public-1, dated the 8th June,
1957, the Government of Tamil Nadu hereby declares, that in addition to
“Sundays” expressly defined as Public Holidays in the said “Explanation” the following days shall be Public Holidays for the year 2013).

Sl.No

Public Holidays

Day

Date

1

New Year’s day

Tuesday

01.01.2013

2

Pongal

Monday

14.01.2013

3

Thiruvalluvar Day

Tuesday

15.01.2013

4

Uzhavar Thirunal

Wednesday

16.01.2013

5

Meelad-un-Nabi

Friday

25.01.2013

6

Republic Day

Saturday

26.01.2013

7

Good Friday

Friday

29.03.2013

8

Annual Closing of Accounts (for Commercial & Co-op Banks Only)

Monday

01.04.2013

9

Telugu New year’s Day

Thursday

11.04.2013

10

Tamil New Year’s Day & Dr.B.R.Ambedkar’s Birthday

Sunday

14.04.2013

11

Mahaveer Jayanthi

Wednesday

24.01.2013

12

May Day

Wednesday

01.05.2013

13

Ramzan

Friday

09.08.2013

14

Independence Day

Thursday

15.08.2013

15

Krishna Jayanthi

Wednesday

28.08.2013

16

Vinayakar Chathurthi

Monday

09.09.2013

17

Half Yearly Closing of Accounts (for Commercial & Co-op Banks Only)

Monday

30.09.2013

18

Gandhi Jayanthi

Wednesday

02.10.2013

19

Ayutha Pooja

Sunday

13.10.2013

20

Vijaya Dasami

Monday

14.10.2013

21

Bakrid

Wednesday

16.10.2013

22

Deepavali

Saturday

02.11.2013

23

Muharram

Thursday

14.11.2013

24

Christmas

Wednesday

25.12.2013

HAPPY HOLIDAYS

Govt Holidays 2013

Oct 1, 2012

QUOTES OF MAHATMA

“GOD has no religion.”

“Hate the Sin, Love the Sinner.”

“Nobody can hurt me without my Permission.”

“Happiness is when what you think, what you say, and what you do are in harmony.”

“Prayer is not asking. It is better in prayer to have a heart without words than words without a Heart.”

“Earth provides enough to satisfy every man’s needs, but not every man’s greed.”

“Whenever you are confronted with an opponent. Conquer him with love.”

“You don’t know who is important to you until you actually lose them.”

“My life is My Message.”

Jun 12, 2012

GOLD ETF QUOTE ON 12th JUNE

Gold ETF quote as on 12th June 2012.


AMC

PRICE

AXIS  

2915

BENCHMARK

2828

HDFC

2900

ICICI

2871

IDBI

2953

KOTAK

2807

QUANTUM

1423

RELIGARE

2940

RELIANCE

2737

SBI

2897

UTI

2789

 

HAPPY TRADING

CREATE WEALTH

May 24, 2012

World Chess Championship 2012

Game number 10 ended in a draw.

The scores are equal – 5 points each.

Two more games left before Tiebreaker (on 30th If needed).

ALL THE VERY BEST TO BOTH THE PLAYERS.

May 18, 2012

World Chess Championship 2012

6th Game between Anand and Gelfand ended in a draw.

Tomorrow is rest day.

I wonder Why there is no mention about this in the media.

There is not even a scroll in the News Channels.

They went to court premises with camera to cover about the case Ms Ranjitha filed against Sri Jayendrar.

why not Chess?

May 17, 2012

World Chess Championship 2012

Game Number 5 ended in a draw.

After 5 games scores are equal.

Tomorrow Gelfand will play White.

May 15, 2012

World Chess Championship 2012

Game 4 between Anand and Gelfand ended in a draw. Points shared.

Status after 4 Games 2 points each.

ALL THE BEST Mr.Anand

May 14, 2012

world chess championship 2012

schedule

Game

Date

4th

May 15th

5th

May 17th

6th

May 18th

7th

May 20th

8th

May 21st

9th

May 23rd

10th

May 24th

11th

May 26th

12th

May 28th

Tiebreaker

May 30th

World Chess Championship 2012

Third Game  also ended in a draw.

scores after 3 games 1.5 each

May 12, 2012

World chess championship 2012

Anand Drew 2nd Game of the championship with Black against Boris Gelfand.

May 11, 2012

World Chess Championship 2012

First Game of the World Chess Championship between Vishwanathan Anand and Boris Gelfand ended in a draw.

Anand was Playing with white. The Game lasted only 24 moves.

The second Game will be played tomorrow. (May 12th)

Apr 2, 2012

INCOME TAX RATES – ASSESSMENT YR 2013-14

 

Income Tax slabs for Assessment Year 2013-14.(Subject to Approval of Finance Bill,2012).


Up to Rs. 2,00,000

NIL

Rs. 2,00,001 to Rs. 5,00,000

10%

Rs. 5,00,001 to Rs. 10,00,000

20%

Above Rs. 10,00,000

30%

 

For Senior Citizens above 60 years Up to Rs. 2,50,000 Nil.  The remaining slabs are same.

For Senior Citizens above 80 years Up to Rs. 5,00,000 Nil.  The Remaining slabs are same.

HAPPY EARNING and  HAPPY SAVING

NO 80 CCF for 2013 – 14

For Assessment Year 2013 – 14 there is no Section 80 CCF exemption.

The Rebate on Long Term Infrastructure Bonds u/s 80 CCF of the Income Tax Act 1962 is withdrawn.

The Total Tax Saving Investments will get reduced from Rs. 1,20,000 to Rs. 1,00,000 during financial year 2012-13.

HAPPY INVESTING

Apr 1, 2012

HAPPY NEW BEGINNING

WISH YOU A VERY VERY HAPPY FINANCIAL NEW YEAR.

EARN MORE SAVE MORE BE HAPPY

ALL THE VERY BEST.

PRAY and WISH ALL YOUR WISHES AND DREAMS COME TRUE THIS NEW NEW YEAR.

Let all your prayers be answered in THE AFFIRMATIVE.