Hi i'm a unusual one 4 marketplace i going to invest surrounded by F&O within nse which one could i buy...?
my frnd told me allahabad bank is best to buy present situation[F&O] could i buy..?Answers: I do agree near the previous view... If u are totally investigational to the market, afterwards start playing in stocks... Once u are comfortable next to that u can start with the F&O.
Allahabad Bank seem to be a good bet. But I have a feeling there are much more scrips within the midcap banking space similar to Andhra Bank, Canara Bank etc. which look more attractive.
hello friend for a new comer of stock souk not go within futureand option.lolly and carry for long permanent status is better for us.
TDS rates applicable in india?
Answers: Tax has to be deducted at source on a number of payments. This information for deducting TDS is applicable to the current financial year beginning on 1st April, 2002 to 31st March, 2003 relevant for the Assessment Year 2003-2004.
Nature of Payment
TDS rate
Salary
Tax on estimated income of the employee for the year.
Rent
15.75% if rent paid to an Individual or HUF (20.21% in case of others)
Winnings from lottery or crossword puzzle
31.5% of the prize
Winnings from Horse race
Interest
21% if payment to company (10.5% for others)
Payments to contractors and subcontractors
2.1% of the payment if payment to contractor (1.05% for sub-contractor)
Insurance Commission
21% if payment to company ( 10.5% for others)
Commission on sale of lottery tickets
10.5% of commission
Commission and brokerage
5.25% of commission and brokerage
Income in respect of Units
10.5% of income in respect of Units.
Dividend
10.5% of dividend
Click the link below to know everything about TDS
http://www.firstappeal.com/view_topic.ph...
What is stock and mutual fund? how they differ from each other?
Answers: A stock is a share of one single company. For example, a G00GLE stock would be one share of G00GLE. A mutual fund is many stocks bundled together. A mutual fund could contain G00GLE stock, apple stock, intel stock etc. A stock is one company and a mutual fund is the stocks of many companies bundled together.
stockes simple difine as a share of a companies ownership which is issued to public to raise funds for the company. by buying the stock, you will be also a part of the company.
a mutual fund is a scheme run by the finance institutions. their fund managers choose a collection of stocks and managed by the company itself for public.
mutual fund is made up of stocks and bonds. you can buy individule stock in a company or you can buy into a mutual fund which owns stock in many companies. if you have stock in one company and it goes belly up then you lose your money but if you are in a mutual fund and one of the companys stock goes under its no big deal cause the fund has stock in more companies. i am in a mutual fund and there are many to choose from. i'm in the franklin income fund class a
stock is a single share in company and mutual fund is the mixture of blue chips of company shares