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RGESS Scheme (80CCG) Invest or Not ?

Every alternate  year govt. announced new scheme for Tax Saving Purpose. This Year Launched New Scheme RGESS  (80CCG). And close good Scheme Tax Saving Infrastructure Bond (80CCF). Rajiv Gandhi Equity Saving Scheme (RGESS) is a new equity tax advantage saving scheme introduced for the first time equity investors in India. This scheme was announced in the 2012-13 budget by the Finance Minister of India.  RGESS - Highlights  If your Taxable Income below 10 lakhs Your are first time investor in Equity ( Share Market).  Lock in Period 3 years for your investment. Investment Limit 50000. You may save 50% of the total amount you invested. (If you invest 50000 then you can deduct 25000 in your Gross Income) Is it good to Invest in this Scheme ? Check below point before investing & decide yourself is it good for you. You opted this Scheme you take benefit this year only. Next year you are not First time Investo r. Are you Interested to Inve...

Buying Mutual Fund without Broker/agent (Direct)

From 1 Jan 2013 some changes in mutual fund industries. Major change investor can purchase mutual fund unit without broker means directly. But everyone not know about process to follow up.  Today we are looking about My another post   Product details about direct plan Benefit of Direct Investment : Commission Saving : You'll SAVE some cash & you investment made addition returns 0.50%. Normally, Mutual Fund Broker Commission is around 60 to 70 paisa (per Rs.100). If you monthly SIP Rs. 10,000 then you SAVE 60 to 70 and this amount convert to your fund unit. Broker / Adviser Fee : If your mutual fund Broker/ adviser charge any fee you are saving these fee also.  please share your view with us.  Are you Interested to know more about direct investment. Fill up following Form & send your query. Currently I am making complete guide - How to Invest Online easily. foxyform.com

Product Note - Direct Investment in Mutual Fund

From  January 2013, Mutual Fund  will start rolling out direct plans for various schemes. Since no distributors or brokers will be involved in the transactions. Introduction of Direct Plan Direct plan is only for investors who purchase / subscribe Unit in a scheme directly with the fund and is not available for investors who route their investment through a Distributors (Broker/agent/IFA). Scheme Eligibility Direct plan shall be introduced in following schemes of the Fund: all open ended schemes of the funds except (i) Exchange traded Fund and (ii) plan discontinue for further subscriptions. New fund offer of Open ended schemes , Fixed term plans , Capital Protection Fund launched on or after the Effective Date Interval Income Schemes  Plan / Option / Suboptions All Plans / options / sub options offer under the schemes will also be available for subscription under direct Plan. Thus, from the Effective Date, there shall be 2 plans available for sub...

Fast Money -MLM Marketing Is it Short Cut or ....?

There is no easy way, to make, easy money. Its either fake or illegal or cheat you . MLM Marketing IDEa  How its works Some of your friend would introduce you to an "amazing" business opportunity. No mention of "How". Only words like "Hardwork , Seriousness, commitment etc. You get excited, he will fix up a meeting at Public place  Sale you dream like New luxury Car,  New Posh Flat  (Company not afford their own Register Office, but you can buy luxury car, flat etc. easily ) When you ask more he would tell you, the seniors will discuss with you. Meeting will arrange at good hotel or halls. Next that senior comes. He will spend 2 hr to explain about their company , how much they are earning.  Product part : They explain about their product. They sell unique product not easily available in Market. Made for specially for them. Margin is very high.  Where is factory ? - you don't find out R & D  - ????  You may invest 10,000 to 1...