Stock Shastra

The Rajiv Gandhi Equity Saving Scheme, announced during this year’s budget, is a tax exemption scheme aimed at new retail investors. Ever since then we have various groups lobbying and trying to grab a share of this pie. However, you may have hardly read any viewpoints from the new retail investor, the only target group of this scheme!

So here it is! Personal reaction of a newbie retail investor…His fears, his confusions and his optimism about this scheme…

Much has been written about the newly introduced Rajiv Gandhi Equity Saving Scheme for investors. While we all still wait for clarity on it, there seems to be some negativity surrounding the scheme. Most of this comes from the Mutual Fund industry, that according to some reports may be excluded from the ambit of this scheme.

However, we at MoneyWorks4me.com feel that the scheme is a step in the right direction to encourage direct equity investments. We feel it might actually give the much required boost to new equity investors along with a safe direction to investing.

So, let’s find out why this might turn out to be a boon for retail investors?

The Union Budget 2012-13 was a pretty disappointing one for the common man with no major reforms announced. Even on the tax front, there was just a marginal increase in the tax slabs and reduction in STT. The only interesting thing for a retail investor was the introduction of a new scheme called the Rajiv Gandhi Equity Saving Scheme (RGESS).
So, what does this scheme entail and what does it mean for you?

The MCX IPO goes live today on the 22, February, 2012 with much excitement around it! The bleeding IPO market has seen no issue since October last year.

MCX is the largest commodity futures exchange in India, enjoying a leadership position in metals, bullion and energy futures. Financial Technologies is its biggest promoter. With, MCX being the first commodity exchange to be listed on the bourses, there are many news reports and expectations doing the rounds

So, does this IPO have what it takes? Let’s find out…

The different investment options available to an investor are mind boggling! It is no wonder than that most of us are in a constant dilemma as to where to actually invest our money. In an attempt to reduce this confusion, Liane outlines the pros and cons of investing in Stocks and fixed deposits