Other than duty in your favour mutual funds does any other fund hold lock contained by time?
or can we withdraw at any momentAnswers: you can cancel from close ended funds individual twice a year.
Else no restrictions, thougt you may have to reward exit load if withdrawing rash
Yes, sometimes there are scheme which are close ended for a fixed time of year but are not necessarily Tax Saving.
Anything that has a lock within period of smaller amount than 3 years cant be Tax saving.
For adjectives doubts about levy planning refer to following link: http://itrust.in/jsp/financial-planning/...
Yes. Close completed funds have a lock within period.
You can next to draw your money from Close ended fund but the exit Load is substantially dignified.
Revert if you need more info
Happy Investing
Where to find historical financial statements contained by excel format for US nominated stocks?
Please help me to find historical financial statements for US companies (stocks) including income statements, be a foil for sheets, cash flow statements and segment data as reported contained by SEC filings.I found so far just one provider www.allfactors.com but they provide newly 5 year of historical data while I have need of at least 7.
Thank you contained by advance!
Answers: check Dow Jones website,
and
http://www.stoxx.com/data/historical/dj_...
and
yahoo nouns
I Want to form a PAN Card?
As i want to make some invetsments within Mutual Funds, I need a PAN Card , and i earn Rs.5000 per month. Kindly Suggest whether i am eligible or not , if yes munificently provide the procedure.Answers: t is just one of those things that have need of to be done. The government say get a PAN. We follow.
PAN, as you probably know, refers to the Permanent Account Number issued by the income tariff department. It is a must for everyone who files a tax return.
If you are going through a import tax consultant, you need not verbs. He will supply you with Form 49A and provide you a list of the documents he wishes.
You fill the form, administer it to him, pay him his payment and relax. He will submit it to the tax authorities.
But if you believe surrounded by doing things on your own and are wondering how to get started, Get Ahead have the information for you!
1. Get the form
You could visit the sanctioned Web sites of the Income Tax department or UTI Investor Services Ltd or National Securities Depository Limited.
Download the PAN application (Form 49A) from any of these sites.
2. Don't forget the photograph!
You will need a recent colour photograph (stamp size: 3.5 cm x 2.5 cm) to attach on the form.
3. Some new information
You must mention the designation and code of the concerned Assessing Officer of the Income Tax department in Form 49A. You can gain this from the IT PAN service centres mentioned contained by the Web sites listed above.
4. Documents for proof of identity and residence
~ Proof of identity (any one)
Passport
Voter's ID
Driving license
School departure certificate
Matriculation licence
Degree from a recognised educational institution
Depository article
Credit card
Bank account
Water bill
Ration card
Property rates assessment order
Certificate of identity signed by an MP/ MLA/ municipal councillor/ gazetted officer
~ Proof of residence (any one):
Passport
Voter's ID
Driving license
Electricity bill
Telephone bill
Depository reason
Credit card
Bank account
Ration card
Employer's pass
Property tax assessment proclaim
Rent receipt
Certificate of address signed by a MP/ MLA/ municipal councillor/ gazetted officer
5. Submit the form
Fill within the application form and submit it in at any of the IT PAN service centre or TIN facilitation centres along beside a fee of Rs 65. The location of such centre is listed at the above mentioned Web sites.
Within a month, a flashy credit card style PAN card will be couriered by UTIISL to the mail address mentioned in your application.
Do's and don'ts when completing the PAN application
1. No PIN, no PAN
The address you mention contained by your PAN application should carry the correct PIN code of the place. If you forget this, your application will be rejected.
2. No initials please
You want to mention your full name (that money your surname and the middle name). Using initials could get your application rejected.
3. Married? Please use your maiden dub
Women are supposed to enter their father's name surrounded by the application form, regardless of their marital status.
4. Proper documents
All the documents asked for must be provided. Else, your application will be rejected.
~ On bill of the PAN
The moment you get your card, verify it.
Check the label mentioned in the card on the double. Is the spelling right?
Also, look at the number (your PAN is alpha-numeric, which means it is composed of both alphabets and numbers). The fifth traits of your PAN must be the first alphabet of your last designation (for example, if your last cross is Shah, the fifth character of your PAN must be S).
~ Not on the other hand received the PAN? Lost it?
Wallet got stolen along next to your card? Misplaced the card? The tax department say they have dispatched it but you haven't get it yet?
Don't fret. You can return with a duplicate.
In every city, there is a main office within the Income Tax Department in charge of allotting these numbers.
Approach that cell. You can start by contacting the public relations officer of the Income Tax Department and asking for the address of the PAN cell.
If you read aloud you have not get it and they claim they have dispatched it, you will have need of to sign an affidavit saying you enjoy not received it before they provide you next to a duplicate PAN Card.
Has your PAN been lost or stolen? You will requirement to make a police complaint. Get a copy of the First Information Report. You will requirement it to process the request for a duplicate PAN card.
You can also request changes contained by the PAN data or request a duplicate PAN card through the Internet.
For more details, please pop in the NSDL site.
~ What if you shift cities?
Assume you made the PAN application in one place, read out New Delhi, and then get transferred on business to another city, say Bangalore.
Since you applied for your card while you be in New Delhi, the authoritative letter dictum you have be alloted a PAN will be sent by the Income Tax Department to your New Delhi address.
But you will be filing your returns within Bangalore. So send a memo to the PAN Cell, Bangalore, and let them know you hold already applied for the PAN at New Delhi but you will now be assessed at Bangalore.
Attach a photocopy of your application to your notification and request that you be alloted the number in Bangalore.
You must inform your assessing officer roughly speaking any changes contained by the name, address or quality of the business on the basis of which the PAN be allotted.
A word of caution formerly signing off.
Be fussy to use the PAN correctly. Do not misspell it and make sure you write your number correctly. The cost that could be imposed on such defaults are pretty stiff and could cost you upto Rs 10,000.
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