In your interest.
Online Personal Finance Magazine
No beating about the bush.
Congratulations R Balakrishnan on your ‘Letter to the FM’ published in MoneyLIFE, 14 February 2008. It is a co-incidence that just before the Budget, some of us were discussing that the threshold limit for income tax should be raised to Rs1.50 lakh; the rate of tax incidence should be reduced by 10%- 20%; the exemption on Mediclaim should be increased; depreciation on car should be...
I made an investment in Principal Personal Tax Saver on 20/02/2008 vide Folio No. 55190782. I had made sure to write ‘DIRECT’ in the broker column. I was surprised to find that I was charged an entry load. On writing to them, I got an auto-reply as acknowledgement. But, till date, I haven’t received any reply to my mail, even though I was promised that the matter would be resolved in 48 hours....
Thanks to Sucheta for raising seven questions about the RPL bonus issue. Companies issue bonus when they have generated good returns from their operations or sale of properties, etc. Reliance Power is the first case I have seen where a company gives bonus to dilute the losses made by investors. Of course, many investors booked their loss in the first five days of listing. They will not get...