The most common picture that comes to mind when people hear about stock trading is the one we see in movies where men in suits basically shout and wrestle each other in some huge New York building to bicker about money. Although to some extent, there is some truth to this image, trading in the stock market is actually a more complex concept that helps many people earn money and keep businesses alive.The concept of trading fundamentally consists of the buying and selling of stocks among indivi... Read Full Story

There are two major types of investments done in the stock-trading arena these days –short-term investments and long-term investments. If you find yourself overwhelmed and confused in choosing which type would be best, simply take note of the differences between these two varieties and consider the advantages and disadvantages of each to be guided in making the right decisions. Basically, the major difference between the two investments is the fact that short-term plans are actually designed ... Read Full Story

Para 1 (e) of GOI, DoPT OM No. 12011/03/2008-Estt (Allowance) dated 02/9/2008 regarding Children Education Allowance Scheme provides that reimbursement for purchase of two sets of uniforms and one set of school shoes can be claimed for a child, in a year. Following point of doubt regarding reimbursement of school uniform and shoes by the Government Servants was referred to Ministry of Personnel, Public Grievances and Pensions (Department of Personnel & Training) through Ministry of Defe... Read Full Story

The government would infuse additional equity into ailing Air India provided it saves at least Rs 2,000 crore this financial year by implementing cost-cutting measures, Civil Aviation Minister Praful Patel said on Thursday."We are broadly looking at equity infusion linked to its monthly performance parameters and we are only looking at till March (2010). This is not the total equity infusion being looked at for Air India," he said after an almost two-hour meeting of a Group of Ministers on th... Read Full Story

Day trading is one of the fast growing trends in the stock trading arena. Today, more and more people are getting into this drift due to the many promises of making fast and easy money on their minds. However, what a lot of people fail to realize is that the buy fast and sell fast strategy of day trading may not always turn out as a very wise tactic to adopt in the stocks game. Day trading can be a bit of a gamble and traders remain divided on the issue on whether or not this serves much purp... Read Full Story

You may have heard the mention about employee stock options quite a few times, but may have wondered what these are exactly and how you as a common employee can actually benefit from it. Let us learn in this article about the whole concept of employee stock options (ESO) and how they can be of great benefit to you.What Is An Employee Stock Option?Employee stock options (ESO) are contracts granted to specific employees of a certain company that give rights to trade shares in the company at a f... Read Full Story

The Employee Provident Fund Organisation (EPFO) has sent a proposal to the labour ministry to increase the salary limit for paying employee provident fund (EPF) to Rs 10,000 from the current Rs 6,500.It has also proposed covering companies with a minimum of 10 employees under the Employee Provident Fund and Miscellaneous Provisions Act (EPF & MP Act), 1952, against the present norm of a minimum of 20 employees.A source close to the development said: “The current norms in EPF & MP Act,... Read Full Story

Just Know 14 items which are fully exempt from income tax and which a resident individual Indian assessee can use with profit for the purpose of tax planning. 1. Agricultural incomeUnder the provisions of Section 10(1) of the Income Tax Act, agricultural income is fully exempt from income tax.However, for individuals or HUFs when agricultural income is in excess of Rs 5,000, it is aggregated with the total income for the purposes of computing tax on the total income in a manner which res... Read Full Story

1. Whether a retiring Government servant is entitled for leave encashment after retirement under the NPS?The benefit of encashment of leave salary is not a part of the retirement benefits admissible under Central Civil Services (Pension) Rules, 1972. It is payable in terms of CCS (Leave) Rules which will continue to be applicable to the government servants who join the government service on after 1-1-2004. Therefore, the benefit of encashment of leave salary payable to the governments/to thei... Read Full Story

Now the world around us is getting up from recession. Stock market and other financial markets are coming up. This is time to invest in properties, whether it is for residential purpose or for investment purpose.Unlike other investments, investment in real esatate rquire more money and more cautious. For a majority it is a one time investment in thier life. when you play with your hard earned money you must be more viglent. First decide the purpose of investing, I mean it is for residential o... Read Full Story