The document discusses whether the bull run in the stock market will continue after the recent Union Budget 2021. It notes that experts say long-term equity investors cannot lose, as the Nifty index has risen significantly since last April. Now, with the budget session over, investors are wondering if this bull run will sustain or if there are any negative signs. The article also summarizes some announcements made in the budget related to infrastructure spending that could boost corporate earnings.
Shipra finance will the bull run continue in equity market-feb-21Binod Shukla
If you are a long-term
investor in the stock market, you can’t possibly lose”. Those
watching the NIFTY’s dizzying rise since March 2020, will find it hard to
disagree. From almost 7500 in April 2020, the NIFTY index has soared to
around 14,000 in January, 2021. It has not been a smooth ride during
COVID crisis, but if you had the stomach to hang on to the equities, you
would have ended up with an annual return over 14% and around 80%
from its bottom
Index has almost doubled from its bottom during the COVID 19 . Street is further happy on the budget announcements and speech on 1st February. Read our experts view on all this and more
EPIC RESEARCH SINGAPORE - Daily SGX Singapore report of 19 January 2015Epic Research Singapore
Epic Research private limited have best technical research team, Our research team provide Daily report on SGX Singapore and SGX Exchange, You can get Daily Favorable Tips & future Strategy for SGX Stocks Market.
Shipra finance will the bull run continue in equity market-feb-21Binod Shukla
If you are a long-term
investor in the stock market, you can’t possibly lose”. Those
watching the NIFTY’s dizzying rise since March 2020, will find it hard to
disagree. From almost 7500 in April 2020, the NIFTY index has soared to
around 14,000 in January, 2021. It has not been a smooth ride during
COVID crisis, but if you had the stomach to hang on to the equities, you
would have ended up with an annual return over 14% and around 80%
from its bottom
Index has almost doubled from its bottom during the COVID 19 . Street is further happy on the budget announcements and speech on 1st February. Read our experts view on all this and more
EPIC RESEARCH SINGAPORE - Daily SGX Singapore report of 19 January 2015Epic Research Singapore
Epic Research private limited have best technical research team, Our research team provide Daily report on SGX Singapore and SGX Exchange, You can get Daily Favorable Tips & future Strategy for SGX Stocks Market.
This newsletter will provide you the educative stuffs and motivating stories to help you in taking informed investment decisions. This is private circulation by KCI Moneyline
This is the inaugural issue of our newsletter. We at Seeman advisors thank you all for your trust & belief in our services.This new endeveour will help us in terms of better communications with ours customers.
This is the second edition of this guide, in 2017 we profiled 59 fintech businesses, and in 2018 we will have 111 companies profiled, and the ecosystem is growing, new additions are on the way.
This dynamic list is in alphabetical order and includes fintech startups, fintech companies or services that belong to major companies, fintech incubators and other fintech stakeholders. All the fintech companies must have Portuguese founders but headquarters can be anywhere.
Combining innovative business models and technology to ENABLE, ENHANCE and DISRUPT financial services.
www.fintech.pt
Case Studies & Procedures under Direct Tax Vivad se Vishwas Act 2020Taxmann
The Book is a ready referencer to assist the assessees and tax practitioners in understanding the legislative provisions and the practicalities of Vivad se Vishwas Act. The book explains the practical aspects of the scheme through practical case studies encompassing real income-tax disputes. It will help you to make wise, informed and timely decisions about opting for the scheme to settle the tax disputes.
Key Highlights:
All the legislative provisions of the scheme explained with illustrative case studies.
Covering case-studies on the following issues:
Scope, coverage and eligibility
Exclusions
Computation of Tax Arrears
Computation of Disputed Tax
Computation of Disputed Interest and Penalty
Computation of Tax Payable under the Scheme
Detailed analysis of Operation Clean Money and Demonetisation cases
Case studies on long-term capital gain arising from sale of penny stocks
Get Un-Interrupted Instant Access to e-Book Here: https://amzn.to/2xsA76f
#VivadSeVishwas #IncomeTaxLitigation #IncomeTaxDisputes #TaxmannBooks
A brief presentation about the key findings by the world economic forum report called "The Future of jobs 2018" + The main reskilling concepts for the next years
Taxmann's Case Studies & Procedures under Vivad Se VishwasTaxmann
The book is a ready-referencer, to assist the assessees and tax practitioners, in understanding the legislative provisions and the practicalities of Vivad se Vishwas Act, in a step-by-step manner. The book also explains the practical aspects of the scheme through practical case studies encompassing real income-tax disputes. This book will help you make wise, informed and timely decisions about opting the scheme to settle the tax dispute.
The Present Publication is the 3rd Edition, as amended by the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 & updated till 5th October 2020. This book incorporates the following:
· All the legislative provisions of the scheme explained with the help of illustrative case studies
· Covering case-studies on the following issues:
o Scope, Coverage and Eligibilit
o Exclusions
o Computation of Tax Arrears
o Computation of Disputed Tax
o Computation of Disputed Interest and Penalty
o Computation of Tax Payable under the Scheme
· Detailed analysis of Operation Clean Money and Demonetisation Cases
· Case studies on long-term capital gain arising from the sale of penny stocks
Taxmann's Case Studies & Procedures under Direct Tax Vivad se Vishwas Act 2020Taxmann
In the previous year’s Union Budget, “Sabka Vishwas” Scheme
was brought in to reduce litigations in indirect taxes. In this
year’s Union Budget for the fiscal year 2020-21, it has been proposed
to bring out a scheme known as ‘Vivad Se Vishwas Scheme
2020’, for reducing the direct tax litigation.
A huge amount of disputed income-tax arrears are locked-up
in the income-tax appeals. As of the 30th November 2019, the
amount of disputed direct tax arrears was Rs. 9.32 lakh crores.
Considering that the actual direct tax collection in the financial
the year 2018-19 was Rs.11.37 lakh crores, the disputed tax arrears
constitute nearly one-year direct tax collection.
This book serves as a ‘ready reference guide’ to help and assist
the assessees and tax practitioners in understanding all the
legislative provisions and the underlying practicalities, in this
a new piece of Legislation. An honest and sincere effort has been made in this book to explain and demonstrate the practical
aspects and nitty-gritty of the ‘Vivad se Vishwas’ scheme in
a ‘step-by-step-manner’ through ‘numerous practical case
studies’ encompassing crucial and significant real-life income tax disputes of assessments.
Blockchain is being used by several institutions to issue bonds and other debt products. Institutions use DLT primarily for structuring, issuance and asset transfer. The bond-i, issued by the World Bank in partnership with Commonwealth Bank of Australia (ABC's) Digital Innovation Lab 5, used blockchain technology, and hence was the world's first publicly offered blockchain bond. The bond was issued to replace registry, issuing, clearing and custodian processes with smart contract automation on a private version of the Ethereum blockchain.
How to Understand the ROI of Investing in People - CMX Summit West 2016CMX
CMX Summit is the world's largest gathering of those who are ready to harness the power of collaboration and community in the digital age. Maia Josebachvili reveals how to predict the value of employee engagement and how to pitch it to management.
GreenBiz 20 Tutorial Slides: Aligning and Integrating Your Sustainability Str...GreenBiz Group
Join leading organizations WBCSD, U.N. Global Compact and GRI for an in-depth, interactive tutorial that will explore the implications of the Sustainable Development Goals for business, highlight emerging trends and developments across the business and SDG landscape, and underline best practice around strategic alignment with the SDG agenda. This session will address key enablers and barriers to effective integration of the SDGs into business strategy as well as trends in corporate reporting and how best to account for your SDG progress. Participating in this tutorial will help you develop a comprehensive SDG strategy for your own organization.
To understand strategy in a simple manner three questions are quite helpful. When deciding on a course of action ask these questions: What next, what next and what next. As simple as they seem but they possess a great power to challenge anyone to consider the plan of action in the light of what will be the consequences, generally all intelligent people think about the consequence of their actions before committing them, but the wise ones think in a series of these question to fully understand the ramification of their deeds.
Aiming To build the capacity of 6 country Drug User Organizations and learn lessons about effective capacity building of European Country Drug User Organizations, EuroNPUD is launching a series of technical resources that support the work of drug user organizations.
Safe Banking Act 2019: What You Need To Know!Ralf Kaiser
Our team at Integrated Compliance Solutions LLC and Sterling Compliance, LLC has come together to provide our thoughts and insights about the SAFE Banking Act!
Many of our bank partners have requested our conclusions on the proposed legislation and we have included those in this paper.
If you would like a copy of the document, message me, Ralf Kaiser here on LinkedIn, and I will send it to you.
Drug User Development Projects - PublicRui Coimbra
Aiming To build the capacity of 6 country Drug User Organizations and learn lessons about effective capacity building of European Country Drug User Organizations, EuroNPUD is launching a series of technical resources that support the work of drug user organizations.
This newsletter will provide you the educative stuffs and motivating stories to help you in taking informed investment decisions. This is private circulation by KCI Moneyline
This is the inaugural issue of our newsletter. We at Seeman advisors thank you all for your trust & belief in our services.This new endeveour will help us in terms of better communications with ours customers.
This is the second edition of this guide, in 2017 we profiled 59 fintech businesses, and in 2018 we will have 111 companies profiled, and the ecosystem is growing, new additions are on the way.
This dynamic list is in alphabetical order and includes fintech startups, fintech companies or services that belong to major companies, fintech incubators and other fintech stakeholders. All the fintech companies must have Portuguese founders but headquarters can be anywhere.
Combining innovative business models and technology to ENABLE, ENHANCE and DISRUPT financial services.
www.fintech.pt
Case Studies & Procedures under Direct Tax Vivad se Vishwas Act 2020Taxmann
The Book is a ready referencer to assist the assessees and tax practitioners in understanding the legislative provisions and the practicalities of Vivad se Vishwas Act. The book explains the practical aspects of the scheme through practical case studies encompassing real income-tax disputes. It will help you to make wise, informed and timely decisions about opting for the scheme to settle the tax disputes.
Key Highlights:
All the legislative provisions of the scheme explained with illustrative case studies.
Covering case-studies on the following issues:
Scope, coverage and eligibility
Exclusions
Computation of Tax Arrears
Computation of Disputed Tax
Computation of Disputed Interest and Penalty
Computation of Tax Payable under the Scheme
Detailed analysis of Operation Clean Money and Demonetisation cases
Case studies on long-term capital gain arising from sale of penny stocks
Get Un-Interrupted Instant Access to e-Book Here: https://amzn.to/2xsA76f
#VivadSeVishwas #IncomeTaxLitigation #IncomeTaxDisputes #TaxmannBooks
A brief presentation about the key findings by the world economic forum report called "The Future of jobs 2018" + The main reskilling concepts for the next years
Taxmann's Case Studies & Procedures under Vivad Se VishwasTaxmann
The book is a ready-referencer, to assist the assessees and tax practitioners, in understanding the legislative provisions and the practicalities of Vivad se Vishwas Act, in a step-by-step manner. The book also explains the practical aspects of the scheme through practical case studies encompassing real income-tax disputes. This book will help you make wise, informed and timely decisions about opting the scheme to settle the tax dispute.
The Present Publication is the 3rd Edition, as amended by the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 & updated till 5th October 2020. This book incorporates the following:
· All the legislative provisions of the scheme explained with the help of illustrative case studies
· Covering case-studies on the following issues:
o Scope, Coverage and Eligibilit
o Exclusions
o Computation of Tax Arrears
o Computation of Disputed Tax
o Computation of Disputed Interest and Penalty
o Computation of Tax Payable under the Scheme
· Detailed analysis of Operation Clean Money and Demonetisation Cases
· Case studies on long-term capital gain arising from the sale of penny stocks
Taxmann's Case Studies & Procedures under Direct Tax Vivad se Vishwas Act 2020Taxmann
In the previous year’s Union Budget, “Sabka Vishwas” Scheme
was brought in to reduce litigations in indirect taxes. In this
year’s Union Budget for the fiscal year 2020-21, it has been proposed
to bring out a scheme known as ‘Vivad Se Vishwas Scheme
2020’, for reducing the direct tax litigation.
A huge amount of disputed income-tax arrears are locked-up
in the income-tax appeals. As of the 30th November 2019, the
amount of disputed direct tax arrears was Rs. 9.32 lakh crores.
Considering that the actual direct tax collection in the financial
the year 2018-19 was Rs.11.37 lakh crores, the disputed tax arrears
constitute nearly one-year direct tax collection.
This book serves as a ‘ready reference guide’ to help and assist
the assessees and tax practitioners in understanding all the
legislative provisions and the underlying practicalities, in this
a new piece of Legislation. An honest and sincere effort has been made in this book to explain and demonstrate the practical
aspects and nitty-gritty of the ‘Vivad se Vishwas’ scheme in
a ‘step-by-step-manner’ through ‘numerous practical case
studies’ encompassing crucial and significant real-life income tax disputes of assessments.
Blockchain is being used by several institutions to issue bonds and other debt products. Institutions use DLT primarily for structuring, issuance and asset transfer. The bond-i, issued by the World Bank in partnership with Commonwealth Bank of Australia (ABC's) Digital Innovation Lab 5, used blockchain technology, and hence was the world's first publicly offered blockchain bond. The bond was issued to replace registry, issuing, clearing and custodian processes with smart contract automation on a private version of the Ethereum blockchain.
How to Understand the ROI of Investing in People - CMX Summit West 2016CMX
CMX Summit is the world's largest gathering of those who are ready to harness the power of collaboration and community in the digital age. Maia Josebachvili reveals how to predict the value of employee engagement and how to pitch it to management.
GreenBiz 20 Tutorial Slides: Aligning and Integrating Your Sustainability Str...GreenBiz Group
Join leading organizations WBCSD, U.N. Global Compact and GRI for an in-depth, interactive tutorial that will explore the implications of the Sustainable Development Goals for business, highlight emerging trends and developments across the business and SDG landscape, and underline best practice around strategic alignment with the SDG agenda. This session will address key enablers and barriers to effective integration of the SDGs into business strategy as well as trends in corporate reporting and how best to account for your SDG progress. Participating in this tutorial will help you develop a comprehensive SDG strategy for your own organization.
To understand strategy in a simple manner three questions are quite helpful. When deciding on a course of action ask these questions: What next, what next and what next. As simple as they seem but they possess a great power to challenge anyone to consider the plan of action in the light of what will be the consequences, generally all intelligent people think about the consequence of their actions before committing them, but the wise ones think in a series of these question to fully understand the ramification of their deeds.
Aiming To build the capacity of 6 country Drug User Organizations and learn lessons about effective capacity building of European Country Drug User Organizations, EuroNPUD is launching a series of technical resources that support the work of drug user organizations.
Safe Banking Act 2019: What You Need To Know!Ralf Kaiser
Our team at Integrated Compliance Solutions LLC and Sterling Compliance, LLC has come together to provide our thoughts and insights about the SAFE Banking Act!
Many of our bank partners have requested our conclusions on the proposed legislation and we have included those in this paper.
If you would like a copy of the document, message me, Ralf Kaiser here on LinkedIn, and I will send it to you.
Drug User Development Projects - PublicRui Coimbra
Aiming To build the capacity of 6 country Drug User Organizations and learn lessons about effective capacity building of European Country Drug User Organizations, EuroNPUD is launching a series of technical resources that support the work of drug user organizations.
There is a Saying, “ IF YOU FAIL TO PLAN, YOU PLAN TO FAIL” .. i.e. “If you fail to plan, you are planning to fail.”Finance is a very integral part of our lives. We work hard all throughout, fulfilling wishes like buying a house, going on a dream vacation, children’s marriage, child’s education and much more. But all the hard work will not have any significance if one doesn’t make a proper Goal plan for their future. A proper plan of investments Mix that will give good yields at proper time is a must for everyone.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
1. Will the Bull run
continue ?
H O U S E V I E W S O F E Q U I T Y E X P E R T S
Experts and elders always say this line : "If you are a long-term
investor in the stock market, you can’t possibly lose” . Those
watching the NIFTY’s dizzying rise since March 2020, will find it hard to
disagree. From almost 7500 in April 2020, the NIFTY index has soared to
around 14,000 in January, 2021. It has not been a smooth ride during
COVID crisis, but if you had the stomach to hang on to the equities, you
would have ended up with an annual return over 14% and around 80%
from its bottom.
Now with budget session already on from 1st February and union
budget 2021 is over investors have one key question - Will this Bull run
continue or is there any thing to smell negative in this budget ?
Regards,
Chetan Jain, Managing Director
J U S T T H E F A C T
M O N T H L Y N E W S L E T T E R B Y J U S T I N V E S T O N L I N E
F E B R U A R Y 2 0 2 1 ,
JUST
INVEST
ONLINE
From the Editor's
Desk :
2. Market after this Budget
W I L L I T H E L P T O I M P R O V E C O R P O R A T E E A R N I N G S ?
One thing is very clear that, this budget
was very tough for our government. On one
hand they have to manage the fiscal deficit
and on the other hand they need to pump
in confidence among business and citizens
to improve GDP.
Looking at the historic incidences in USA
and other developed nations, we assume
that government's step to increase the
fiscal deficit gap, is not surprising ! In past,
USA had a growing fiscal deficit for around
a decade because growth was their priority.
So , an increased fiscal deficit clearly
means, government is all set to invest in
the economy and boost businesses. Equity
market will surely cheer this up !
So the Key Question is - what will be the key
area of spendings ? The answer is -
Infrastructure !
Of course there will be other priorities also,
as mentioned in the budget announcement,,
but government seems to be quite liberal on
the infrastructure side due to its key
requirement of employment generation and
absorption of infused stimulus packages into
the economy.
One should understand that all the stimulus
packages and infused liquidity will turn into
a high inflation scenario, if the funds are not
consumed properly, on high employment
and high growth areas, like- Roads, Airports,
Railways, Power, Energy etc
We have collected multiple experts view and have
consolidated multiple data points to help our readers in
terms of getting a better market projections, post budget
3. So keep a watch on companies like - IRCTC, GAIL, NTPC, Power Finance .....and other premium
PSUs etc
On the other hand , the story of Electric Vehicle, Motor Components and engineering appears to
be the hero of the lot. A layman investor should learn more about the story of EV and try to
identify all the direct and in-direct beneficiaries in this segment - like- charging station
companies, motor making companies, Auto manufacturing companies etc. Of course this is going
to create a lot of buzz under auto sector . Do take advice from your broker /advisor to know more
on this .
We would like to highlight one key area, where we expect lot of action after the budget cycle -
Agritech ! This is a most important discussion going round in the economic forums, because they
believe this to be a major GDP catalyst of the year. There are hundreds of active companies which
are gearing up to take on this special opportunity in the filed of agriculture. One should
participate in such companies through selective Mutual Funds
Moreover , by the time vaccination
process will reach to its final stage by the
end of this year, business sentiments will
improve further.
Some experts believe that almost all
corporates have saved a lot on marketing
as well as human expenses during this
COVID crisis; rather they have learnt this
new art of Digital Business
communication ! They believe this savings
to translate in the corporate earnings -
mainly on the Mid and Small companies
.This opens the case for Midcap Fund and
Small cap funds under Equity investing.
Summing up, investors should not run
away from Equity, rather do a proper
rebalancing in terms of Sectors, Size
and fund type. Experts believe that
one should boldly invest in equities ;
however they also suggest that taking
the mutual fund route will be less
risky and more beneficial.
Disclaimer : The points presented here are the consolidated version of various experts
input . readers are advised to validate the points and figures on their own and do not
take the examples as our suggestion. Mutual Funds are subject to market Risk and you
are advised to follow the SEBI assigned Risko meter before investing in any schemes
4. Chapter 1 : Market Indicators - Page 5
Chapter 2: BUDGET 2021 - Page 7
Chapter 3 : Investor's Centre - How to use
OTM for seamless investing ? - Page 10
Chapter 4 : Case Story - How Amit Tripathi
used SWP after his Retirement ? - Page 11
Chapter 5 : Questions & Answers - Investors
Questions - Page 14
Whats Inside ?
5. MARKET INDICATOR
A L L M A J O R I N D I C E S P E R F O R M A N C E
A S O N 3 1 S T J A N U A R Y 2 0 2 1
6.
7. K E Y H I G H L I G H T S
Atma Nirbhar Bharat Abhiyaan
Infrastructure and Urban
Development
Financial Reforms and more
M A R K E T R E A C T E D
P O S I T I V E L Y T O T H I S
B U D G E T
Presenting the Union Budget for 2021-22,
Finance Minister Nirmala Sitharaman said that
the Budget proposals for this financial year rest
on six pillars — health and well-being, physical
and financial capital and infrastructure,
inclusive development for aspirational India,
reinvigorating human capital, innovation and
R&D, and 'Minimum Government, Maximum
Governance'.
Read more to get the key highlights of the
budget 2021
UNION BUDGET 2021
BUDGET 2021
K E Y P O I N T E R S F O R R E T A I L I N V E S T O R S
S O U R C E : M O F W E B S I T E U P D A T E S
8. V e h i c l e s c r a p p i n g p o l i c y t o p h a s e o u t o l d a n d u n f i t v e h i c l e s –
a l l v e h i c l e s t o u n d e r g o f i t n e s s t e s t i n a u t o m a t e d f i t n e s s
c e n t r e s e v e r y 2 0 y e a r s ( p e r s o n a l v e h i c l e s ) , e v e r y 1 5 y e a r s
( c o m m e r c i a l v e h i c l e s )
H i g h w a y a n d r o a d w o r k s a n n o u n c e d i n K e r a l a , T a m i l N a d u ,
W e s t B e n g a l a n d A s s a m
N a t i o n a l A s s e t M o n e t i s i n g P i p e l i n e l a u n c h e d t o m o n i t o r
a s s e t m o n e t i s a t i o n p r o c e s s N a t i o n a l R a i l P l a n c r e a t e d t o
b r i n g a f u t u r e r e a d y R a i l w a y s y s t e m b y 2 0 3 0
1 0 0 % e l e c t r i f i c a t i o n o f R a i l w a y s t o b e c o m p l e t e d b y 2 0 2 3
M e t r o s e r v i c e s a n n o u n c e d i n 2 7 c i t i e s , p l u s a d d i t i o n a l
a l l o c a t i o n s f o r K o c h i M e t r o , C h e n n a i M e t r o P h a s e 2 ,
B e n g a l u r u M e t r o P h a s e 2 A a n d B , N a s h i k a n d N a g p u r M e t r o s
N a t i o n a l H y d r o g e n M i s s i o n t o b e l a u n c h e d t o g e n e r a t e
h y d r o g e n f r o m g r e e n p o w e r s o u r c e s
R e c y c l i n g c a p a c i t y o f p o r t s t o b e d o u b l e d b y 2 0 2 4
G a s p i p e l i n e p r o j e c t t o b e s e t u p i n J a m m u a n d K a s h m i r
P r a d h a n M a n t r i U j j w a l a Y o j a n a ( L P G s c h e m e ) t o b e e x t e n d e d
t o c o v e r 1 c r o r e m o r e b e n e f i c i a r i e s
Infrastructure
Key announcements in the speech, included some hikes in custom duties to benefit
Make in India; disinvestment proposal for two more PSBs and a General insurance
company; number of infrastructure spending budgets. Consequently, they believe
that the Fiscal deficit, which stands at 9. 5% of the GDP, will become 6. 8% in 2021-
22. Personal Income tax slabs remains unchanged
There is no change in the personal IT Slab. Best thing announced under this budget
is - "No IT filing for people above 75 years who get pension and earn interest from
deposits" . This will help a large mass of senior citizens and help them a lot. In
order to provide relief to old pending cases, reopening window for IT assessment
cases are now reduced from 6 to 3 years. However, in case of serious tax evasion
cases (Rs. 50 lakh or more), it can go up to 10 years
9. F i s c a l d e f i c i t s t a n d s a t 9 . 5 % o f t h e G D P a n d i t i s e s t i m a t e d t o
b e 6 . 8 % i n 2 0 2 1 - 2 2
P r o p o s a l t o a l l o w S t a t e s t o r a i s e b o r r o w i n g s u p t o 4 % o f
G S D P t h i s y e a r
A n U n i f i e d S e c u r i t i e s M a r k e t C o d e t o b e c r e a t e d ,
c o n s o l i d a t i n g p r o v i s i o n s o f t h e S e b i A c t , D e p o s i t o r i e s A c t ,
a n d t w o o t h e r l a w s
P r o p o s a l t o i n c r e a s e F D I l i m i t f r o m 4 9 % t o 7 4 % i n I n s u r a n c e
c o m p a n i e s
A n a s s e t r e c o n s t r u c t i o n c o m p a n y w i l l b e s e t u p t o t a k e o v e r
s t r e s s e d l o a n s D e p o s i t i n s u r a n c e i n c r e a s e d f r o m R s 1 l a k h t o
R s 5 l a k h f o r b a n k d e p o s i t o r s
P r o p o s a l t o d e c r i m i n a l i s e L i m i t e d L i a b i l i t y P a r t n e r s h i p A c t o f
2 0 0 8
T w o P S U b a n k a n d o n e g e n e r a l i n s u r a n c e f i r m t o b e
d i s i n v e s t e d t h i s y e a r
A n I P O o f L I C t o d e b u t t h i s f i s c a l S t r a t e g i c s a l e o f B P C L , I D B I
B a n k , A i r I n d i a t o b e c o m p l e t e d
E c o n o m y a n d F i n a n c e :
Government added some focus on easing out employment process in India, like-
portal to be launched to maintain information on gig workers and construction
workers, like any placement platform. A Social security to be extended to gig and
platform workers also. Margin capital required for loans via Stand-up India scheme
reduced from 25% to 15% for SCs, STs and women
There are multiple views on this budget announcement - some feel that this budget
lacks on many areas like- Women, Defence etc ; some feel that this is the best
budget under the given condition, when there is not much to spend
We strongly recommend our investors and readers to keep a balanced Asset
Allocation approach towards their investments. They must add SIPs under
Infrastructure Fund and keep decent exposure to Dynamic Asset Allocation funds.
Ask us for more clarification and details related to Budget 2021 ( See the contact
details at the last page of this News letter)
10. O T M ( O N E T I M E
M A N A D A T E )
It is simple to Set up an OTM
It is easy to use
It is 100% Safe & Secure
O T M I S T H E B E S T W A Y T O
I N V E S T O N L I N E
For investing in a mutual fund, you need to set
up a Mutual Fund trading account with your
distributor. Such accounts are powered by NSE,
BSE, CAMS etc, which provides the paperless
transaction facility.
While creating such accounts, you get an option
to create an NACH Mandate , also known as
OTM ( One time mandate with your bank. There
is no limit for setting up such mandates - you
can set up such mandate according to your
investment size, like- if u intend to invest Rs 10
lacs at a go, then you should create the OTM of
Rs 10 lacs limit.
MUTUAL FUND INVESTING
WHAT IS OTM ?
U S E O T M F O R S E A M L E S S I N V E S T M E N T S
S O U R C E : I N H O U S E
11. S Y S T E M A T I C
W I T H D R A W A L P L A N
It is the best investment
option for retired people
It provides Income plus
appreciation
It is highly liquid and can be
redeemed anytime
S W P P R O V E D T O B E A
B O O N F O R A M I T T R I P A T H I
A systematic withdrawal plan (SWP) is a facility
which allows you to withdraw a fixed amount
from your mutual fund at regular periodic
intervals. The periodic intervals could be
monthly, quarterly, half-yearly or annually, as
per the investor’s requirement. With every
withdrawal, the value of your investment in the
fund is reduced by the market value of the units
you have withdrawn as the withdrawal happens
at that day’s NAV (Net Asset Value).
Amit Trivedi , 74 Yrs , retired in 2005 from a
private firm. It was the best day of his life when
he met a mutual fund distributor, who
motivated him to invest a portion of his
retirement corpus into SWP ( Systematic
Withdrawal Plan)
POST RETIREMENT INVESTMENT STORY
CASE STORY
A M I T T R I P A T H I ' S I N V E S T M E N T S T O R Y
S W P ( S Y S T E M A T I C W I T H D R A W A L P L A N )
12. For example, assume that Mr A
has invested Rs 10 lakh in a
mutual fund and this grows to
Rs 11 lakh (10% growth). He
withdraws Rs 1 lakh from his
mutual fund at the end of each
year. Only 10% of his withdrawal
(Rs 10,000) is considered as
income and the balance (Rs
90,000) is considered as capital
withdrawal. On the other hand,
if he had invested in a bank FD
and got Rs 1 lakh interest on a
principal of Rs 10 lakh, the
entire Rs 1 lakh would be
considered as income and
would be taxable.
A SWP can also prove to be
more tax efficient because if it
splits your income over several
years. For example, both Mr. X’s
and Mr. Y’s total taxable income
for FY19 and FY20 is Rs.
4,50,000 without accounting for
their mutual fund capital gains.
For simplicity, let’s assume the
debt mutual fund scheme in
which both Mr. X and Mr. Y
invested earned monthly gains
of Rs. 10,000 throughout FY19
and FY20. While Mr. X chose to
opt for a monthly SWP and
withdrew the capital gain for 10
months starting October 2018,
Mr. Y chose to withdraw Rs.
1,00,000 in July 2019.
A SWP helps an investor get a fixed periodic amount which can help him/her
get a steady income in his/her retirement years or managing his/her child’s
educational expenses.Each withdrawal made through an SWP is considered
to be a combination of capital and income. Tax is only payable on the
income component and not the capital component.
As you know, SWP
automatically redeems
some mutual fund units
every month to meet your
monthly expenses,
regardless of market levels.
It thus, protects you from
withdrawing large amounts
due to panic/fear during the
times of market corrections.
It also withdraws money
even when markets are
registering new highs and
thus, protects you from the
impulse to invest more
money during boom periods
13. Anil Tripathi invested Rs 30 lacs in a Hybrid Fund of SBI Mutual Fund - SBI
Debt & Equity Fund - Growth option in April 2005, and opted for a
withdrawal of Rs 800 per lac per month. This means he was withdrawing Rs
24,000/- ( twenty four thousand only) per month from this fund.
Given below is the actual investment summary of Mr Amit Tripathi, who is 74
now and is really proud of his investment decision which he took 15 years
back.
This SWP story of Amit Tripathi ji is very
inspiring for all the retired persons there,
who is looking for a regular withdrawal in
the range of Rs 650 to Rs 800 per month
and need some capital appreciation too .
However the key task here is to identify a
good Hybrid Fund and decide your
monthly withdrawal amount. Mind it,
SWP does not means any guarantee , it is
just a systematic withdrawal of
anticipated ROI.
Experts suggest that SWP should not be
selected in Equity funds, due to its high
volatility. One should always chose the
Hybrid , Asset Allocation or Multi Asset
funds.
14. W H A T I S B H A R A T B O N D
F U N D ?
Bharat Bond ETF- aims to invest in bonds of
PSUs like PFC, REC, Power Grid Corporation of
India, National Housing Bank, IOC, National
Bank for Agriculture & Rural Development,
Hindustan Petroleum Corporation, NHPC, Export
Import Bank of India, Indian Railway Finance
Corporation, NTPC, Nuclear Power Corporation
of India etc.
Bharat Bond ETF will follow the taxation of debt
funds. The returns will be taxed at 20% after
indexation benefits ( after 3 year only).
Indexation allows you to adjust the purchase
price of your investment for inflation which in
turn lowers the tax on your returns.
Such Bonds are listed on Stock Exchange for
liquidity
MAHESH BHARTI, JAIPUR
I S I T G O O D T I M E T O
I N V E S T I N E Q U I T I E S ?
Some great person has said that " Timing the
market is not important but time is " . Most of
the wealth is created in equity through long
term stay, due to the very basic fact that
business always takes time to mature and
strengthen. So selling and buying a
business/stock frequently is not investing but
trading; you have to clearly chose your path -
trader or investor ?
So if you are an investor, go for a nice Equity
Mutual fund through your distributor and hold
it for a minimum of 3 -5 years; you will surely be
on winning side
PRAMOD JALAN, RANCHI
H O W M U C H T E R M
P O L I C Y S H O U L D I B U Y ?
Before buying any Life Insurance Policy you
need to estimate your actual Human Life
Value ( HLV) . This can be calculated by a
simple formulae -
(Gross Monthly expense of your family) x 100 x 12
__________________________________________________
Risk Free Interest Rate ( 7, 8 etc)
For e,g - if your family expense is RS 30000
per month then your HLV = Rs 45 lacs . So
you can buy a policy with Sum Asured of
around Rs 50 Lacs, in this case
ANKIT JUNEJA, LUCKNOW
Q & A
Y O U R Q U E S T I O N S O U R A N S W E R S
A L L A N S W E R S B Y O U R B U S I N E S S H E A D
Post your Queries at :
I N F O @ J U S T I N V E S T O N L I N E . C O M
15. Disclaimer : Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The
NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market
including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily
indicative of future performance of the schemes. The Mutual Fund is not guaranteeing or assuring any dividend
under any of the schemes and the same is subject to the availability and adequacy of distributable surplus. Investors
are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal,
tax and financial implications of the investment/participation in the scheme.
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