How can NRIs come by a PAN number?
Question:
PAN number is mandatory for demat accounts, Mutual funds etc. I'm an NRI resident overseas, and I'd like to know how to jump about getting a PAN number, so that I can invest surrounded by Indian stocks and mutual funds
Answer:
Obtaining a Permanent Account Number (PAN) for Indians living abroad, a foreign citizen, or a company, trust or firm not have an office within India has become easier.
The income due department has from this week clarified that it will no longer insist on details of a "representative assessee" while accepting PAN applications from the aforementioned category.
The tax department have issued a circular to the two designated PAN service providers -- UTI Technology Services Ltd and National Securities Depositories Ltd -- clarifying on the revised guidelines for allotment of PAN to these categories.
"There have been a constraint to relax the requirement to submit details of the representative assessee for cases where the personality does not have to any pay income excise or file duty returns. The department has immediately clarified that details of representative assessees will not be necessary surrounded by such cases. Individuals will only own to provide details of their passport, while the registration certificate attested by the Indian embassy within the country of the applicant's origin will be required within case of companies, trusts or firms," a nouns ministry official said.
The clarification have been issued since quoting of PAN is very soon compulsory if one has to pay cheque tax deduct at source (TDS), undertake any of the seven transactions similar to cash deposit exceeding Rs 10 lakh, credit card pocket money exceeding Rs 2 lakh, and RBI bonds exceeding Rs 5 lakh which are included under Annual Information Returns, or operate a demat vindication in India.
Prior to April 2005, non-resident Indians be exempted from the requirement of quoting PAN in shield of TDS under clause 3 of Section 139A.
However, this exemption be later withdrawn, because of which any NRI liable to TDS have to compulsorily obtain a PAN.
Officials said the two PAN issuing agencies have also been told to levy courier charges for PAN cards which have to be delivered out of the country.
The charges would be in insertion to the PAN application fee of Rs 60 and the applicable service levy.
There is no problem at all. Plz apply through a Chartered Accountant who is within India. PAN is allotted pretty quickly in our day as the work is outsourced. Plz check if you can apply on line.
1) PAN application should be made lone on Form 49A. A PAN application (Form 49A) can be downloaded from the website of Income Tax department or UTIISL or NSDL (www.incometaxindia.gov.surrounded by,www... or tin.nsdl.com) or printed by local printers or photocopied (on A4 size 70 GSM paper) or obtained from any other source. The form is also available at IT PAN Service centers and TIN Facilitation centers.
2) PAN application may be made on Form 49A obtain from any source other than IT PAN Service Centers or TIN Facilitation Centers. For instance, a PAN application may be made on form downloaded from the website of Income Tax department or UTIISL or NSDL; or on form printed by local printers or a photocopy of downloaded or printed form.
3) Yes, application for fresh allotment of PAN can be made through Internet. Further, requests for change or correction in PAN information or request for new PAN card (for an existing PAN) may also be made through Internet. For more details call in (www.tin-nsdl.com)
Where would I find a entity or folks to invest surrounded by a project to re-build 2 barns into dwellings?
Question:
I need some one near some spare cash say aloud lb30,000 for me to convert 2 barns into dwellings and the rewards would be a payment posterior of up-to lb45,000 with contained by 3mths thats not a bad return at adjectives.
Answer:
have you tried to catch a grant from the local council? l know this sounds a bit dubious but here are schemes out in attendance , the chances are you havent hear about them, l`ve worked as a sparky on some of them but l wouldn`t know how to turn about getting one .will report wager on if l wear more in a year or two as these jobs come up at this time of year when everything is hushed.
good luck
ps. we are conversation the amount you are looking for.
Have you got planing sanction ?
My cat is going to breed it big contained by show business! Anyone enjoy any investing tips for me? How much should I?
Question:
put aside to get his trade going, and to take fastidiousness of his training, and eventually retirement funds?
He is beautiful, cat fetch, play shut in, jump six foot on command, and is very tolerant of anything!
How much would you be inclined to invest in this stock?
Answer:
After the Ellen Degeneres animal commercials for American Express, I don`t know you could feature your slinky with Ellen contained by some office-based TV show, a sort of opposite of Garfield. A genus and non-malicious cat. Sally Fields did a good duty of a voice-over for a cat a few years back and the solely thing she seem to be doing these days is drug commercials, I don`t know she's free to be the cat's TV voice. Morris the cat made a good living doing catfood commercials. Good luck.
First I would See if the cat is not afraid of the camera after start giving it lessons to be train(like a dog).later your all set.This may coast close to $400.00
How do i buy and get rid of stocks if im underaged?
Question:
I am 15 and i wish to buy some stocks, i dont know much give or take a few buying and selling. I need a website or book or something that would lend a hand me get a verbs this. Also, is there any restrictions for underaged kids?
appreciation.
Answer:
you might have to own a parent or gaurdian help to set up your brokerage information until you are 18. check out ameritrade.com or etrade.com or one of the mutual fund co's like fidelity.com or troweprice.com do your homework on the stocks and mutual funds and don't be afraid to ask question. it's pretty impresive to see someone as young as you interested surrounded by stocks and investing. good luck
wow your smart for mortal 15 i wish you luck. i hope you find the help you entail .theres alot of websites with information turn out you may find what your looking for!
Your parent or guardian can open an narrative for you registered as "Old Lady I Love Food's Mom FBO I love food". (The FBO means "For the benefit of"...) You can afterwards buy stocks, and as long as you don't sell any at hand will be few tax implication (If you sell or trade name huge dividends, Mom will owe the taxes on her return.)
At 15, if you invest $10 a week into a stock index (like SPY, which tracks the S&P 500, and grows at an annual rate of about 11%, you'd own almost $750,000 by the time you were 40 lacking ever increasing the amount you invest each month!
If you want an unforced place to open an article, try either http://www.sharebuilder.com OR http://www.buyandhold.com
Good luck!
It's confident to get rich slowly!
Wait outside a brokerage house for and prehistoric drunk, ask him to buy you some stock,when he goes out the posterior door with your money,run in yourself,and DONT FORGET TO ASK FOR A BOTTLE OF OLD HARPER.
Hi,
I don't mull over you can open a brokerage vindication - too young, but in that is a way to invest within stocks without a broker and if you hang on to reading I will tell you how.
The method is call DRIPs.
A DRIP is a Dividend Reinvestment Plan. It offers indidual investors, even a15 year hoary, a cost-effective way to build equity contained by a stock.
The DRIP is run by a corporation and it allows people to spawn cash purchases of stock or to reinvest dividends (if any). I enjoy a DRIP program with Goodyear Tire and Rubber, but it run into problems a few years ago and stopped paying dividends.
You only entail one share of stock to become eligible. In some cases it can be purchased directly from the company, but normally wants to be purchased through a broker. You could have your parents overt up an brokerage account and purchase the share contained by your name.
There are no fees or commissions when you reinvest your dividends.
There are lots of companies that do this - over 1000. The company like them because it's a low cost way to bring capital or lolly for their business. Because of that companies welcome different investors into their DRIP plans.
What makes DRIP popular is that most of the plans require outstandingly small cash outlays even as low as $10, some as low as $5.
Some of the world's largest companies similar to IBM, AT&T, and McDonald's have DRIPs.
Very abounding investor like DRIPs because it allows them to bypass the broker's commisssion which lowers the investors cost of investing
Another benefit is specified as dollar-cost averaging where a fixed amount is invested on a regular idea. The stock rises and falls with the bazaar, but by investing periodically, the average cost of the shares tends to average out and not be artificial by the market swings.
Liquidating or selling your shares can be a problem because brokers want to catch a commission for selling and buying stock for investors, but the company will buy them back surrounded by some cases.
Dividends are considered income and used to be taxed by the IRS, but a renovate in the directive makes them non-taxable. But if you deal in your shares and make a profit you hold to pay due on the profit. There are two types of taxes for profits or capital gain: one is short term and costs more than the other features of capital gain which is call a long-term capital gain and that occur when you hold a stock for more than six months.
Goodyear Tire and Rubber's stock symbol is GT, but don't invest in this one because it doesn't retribution a dividend yet..
YUM is the symbol for Yum! Brands, Inc and they own Pizza Hut, Taco Bell, and Kentucky Fried Chicken on the New York Stock Exchange (NYSE)
This Web site have a list of DRIPs: http://www.directinvesting.com/...
To find DRIPs that salary good dividends, look surrounded by Investors Business Daily, Barrons, or the Wall Street Journal. There is a column that has dividends and return %. Most don't pay cheque as much as a Treasury Note or a CD, but they enjoy earnings growth to frustrate that income disadvantage. Than look them up in the URL above.
G00GLE this keyword "DRIP lists" for more Web site. Be measured. Some of them charge a fee to sign up.
Kindest Personal Regards,
Walt Brown
Site Build It Certified Webmaster
capecod1@capecod-beaches.com
Please confer me details ?
Question:
20/11/2006
Dear Sir/Madam
I want be ANALYST in Stock bazaar but I don’t know which course shall I do. At entry level shall do Fundamental Analyst of stock market course or other.
Kindly send me the inventory of intuitions which giving training of Fundamental analysis course.
I will be grateful to you
Thanking you
Bharat Rane
rane0071@rediffmail.com
Answer:
The classic work on fundamental analysis is the book "Security Analysis" by Graham and Dodd. It was first published contained by 1932 and was later updated in the deferred 1940's and in the rash 1960's. It is still considered the classic and best work on the subject; but it is somewhat out of line next to current thinking on valuation of companies. Not that current thinking is proven to be accurate but nevertheless it has changed. However, such populace as Warren Buffet follow the priciples described in this work.
Here is a website that should minister to you out http://www.career-planning-education.com...
Good Luck!
Is Forex trading permitted within inda?
Question:
I am inetrested in forex tarding within INdia. Is that possible in india?
Answer:
Chekc out the answer at http://www.the4xgroup.com. There are some honest and terribly successful brokers and traders...They must help you.
I dont see why not...
Future trend of Dow index?
Question:
What is the future trend of Dowjones Index contained by the later 2006 and more rapidly 2007?
Also, how about the grease price then?
Answer:
Unfortunately, my crystal globe does not seem to work extremely well on such prognostications. Currently the Dow is within new lofty territory and roughly speaking once a trend begins it in general continues for a while. The drop in grease prices had a large amount to due with the current trend, I might donate. Any number of events might cause the trend to reverse and do so at a moments identify. Specifically, watch the housing marketplace. That would be the one indicator that might very okay upset the apple cart so to speak.
I don't know what the price of grease will do but as my dad once said to me "if there is a god surrounded by heaven, long-term the stock flea market will go up." How is that for a prediction?
Good Luck!
My judgment?
I think it will travel up and then down due to a correction surrounded by early 2007. That will be the best time to buy contained by.
For the price of oil, potential to either stabilise or budge up. But I'm betting on the former.
Up or down but never the same.
any one know several methods of analysing risk and indecision of a project?
Question:
when deciding to step ahead with one project fairly than another after calculating NPV
Answer:
For risky variables that you have estimated or made assumptions roughly in calculating the NPV, develop probability distributions of the values they can transport on. These can be continuous or discrete. Then use software such as @RISK, which undertakes monte carlo simulations to develop a probability distribution for the NPV. This will grant you the expected value for NPV and variance.
When choosing between projects, it is usually best to pick the one near the higher NPV regardless of variance. High variance may not be undesirable. It depends on the context - how much of the risk is diversified away by other investments and the presence of systematic (undiversifiable) risk.
how to buy stock?
Question:
Answer:
Of course the 1st responder is exactly correct. You will need a stock broker or if you are of a smaller quantity ventursome nature possibly instead a mutual fund company. Mutual funds allow beginning investors near somewhat limited resources to play a part in the stock flea market without so much specific risk that buying shares contained by one or two particular companies entail. There are some very correct mutual funds and there are heaps mutual funds that are not so good as is the situation beside stocks also.
Fortunately, there are services that recommend both stocks and mutual funds and analysis their performing. Morningstar is one of these services. Most on line stock brokers and Yahoo nouns have many tools to help one act evaluations of stocks and mutual funds.
Another tool that has become especially popular in the ending 10 years is index funds. They are like mutual funds but adjectives they attempt to do is match the conduct of the market contained by general fairly than attempt to pick good stocks to buy. Their big plus is very low expenses which tend to be a very big pre-eminence over a long period of time.
Those are several of the option open to you. There are others. You do not necessitate a stock broker to buy mutual funds. You can purchase them directly from the mutual fund company.
get a broker
or
www.computershare.com
www.sharebuilder.com
www.etrade.com
various others the list go on.
Open an account next to a broker near you.
e.g Scotttrade.com,
or call round this website: http://www.stockbrokerguide.com/...
how do i return with started as a unadulterated estate investor. i would resembling to flip houses, but enjoy little money?
Question:
Answer:
Flipping houses isn't as easy as it sounds. It lone makes sense when unadulterated estate prices are going up quickly. That is no longer scheduled. And I don't see the real estate open market improving for a while. There are profusely of costs associated with buying and selling TRUE estate (such as mortgage fees, legal fees) The stock souk is the best place to invest. Long-term returns from the stock market outperform unadulterated estate.
The best way to invest is to study what the best traders are buying and selling. That is the impression behind the site http://www.top10traders.com - this is a free site that let you create a portfolio of stocks with $100,000 within "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks execute compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing accepted wisdom.
Here are this month's best traders:
http://www.top10traders.com/top10standin...
http://www.reinvestorsolutions.com/stein... I will show you how, contact me
RE market is flat right nowforeclosures are at register levels.
suggest me a software that contribute sectorwise stock test base on the behaviour of the sector on vertebrae days
Question:
requirements:
1.online or EOD data nurture provision2.performance base sectorfilter3.sectorwise stock filter
Answer:
I use Stockwiz for French stocks and end-of-day trading. It's free. It comes with a stock screener and a rule wizard. I don't use these any more as Stockwiz is completely programmable, and I programmed adjectives my screens and rules. It also mode one can backtest just more or less every system and every selection. The with the sole purpose drawback is that the programming language is somewhat primitive.
But it's free and in the present day I can do everything I want with it.
http://www.stockwiz.com/
Caveat:
- You still call for a service to get your day after day stockquotes and the fundamental stock information, which is most likely *not* free
I don't know nearly software, but barchart.com has nice sector information when you hit the 'sectors' tab. It's adjectives free. When you see the list of sector, arranged by return, you can click one and see the stocks listed. I love it. Check it out.
Why buy software when you hold it for free?
I want a well-mannered heading for my investment company?
Question:
Answer:
I suggest couple of slogans! I have nearer suggested 3 companies and got rate best answers. Try this below if it meets your desires
We grow together
You seed we hose down
A Money Plant
A Care with Midas Touch
Grow More and be Countless
Count your currency
We support growth and you care your currency
We grow you
We develop you
What we grow is what you count
Count Up
Careful & Countful
Invest and Relax
We operate and you soak up
Your money never sleeps
We know the value of your money and our business
our business is your effectiveness
your value is our business
A business for your requirements
Our business for your needs
Need you and Need us
We protect your material comfort
We cover your prosperisty
You need one that will allow your clients to consistency that they can trust you in dealing beside their financial transactions.
Dhanvarsha har pal multiple
Honesty is our motto & Relibiliyt is our asset
Usually if a Company founded by ground breaking/Laureate Investment philosophy & concepts propreitary to the founder with long residence prespective, then the Company take some combination of the Founder/ Founder(s) Name(s). Else sometimes naming take a metaphysical/mythological dimension pertinent to inbuilt Wealth & such +ve ideas.
A creative LOGO is another urge.FYI-
Can I practice trading next to virtual money? (real bazaar - NYSE next to virtual money)?
Question:
Can I practice trading with virtual money? (real marketplace - NYSE with virtual money)
I'm thinking to start trading, but as a topical I would prefer to practice with no money.
Thank you
Answer:
www.top10traders.com and www.marketocracy.com both facilitate creation of virtual portfolios. Try that. Other than that prod 'stock market game' on G00GLE. sometimes investigational ones pop up. Beyond that, you can use a spreadsheet.
Yes, and it is great fun Piotr. I did this when I was younger sometimes. OR, even while contained by the market, I own done this, when I didn't have plenty to throw in everything I thought be a good investment at the time. But immediately do as I think you intend (as by reading your psot) Really believe that you own money in these things-REAL research-keep amounts in/out written down. See how you do! And, hold fun!
Hit the NASDAQ too! And keep surrounded by mind, that without an reason somewhere, research is not as easy. Pick up the phone and practice your "prying" skills next to investor relations at Corporations, etc., know what questions to ask, to see if they are mortal honest about this or that past you "pull the trigger".
Absolutely. I own been playing a virtual stock flea market game for pretty a while now that trades both the NYSE and NASDAQ.
The site is: http://vse.marketwatch.com/game/...
Hull's chance futures and derivatives assignment 1,2&3?
Question:
Solution for Hull's options futures and other derivatives assignment 1,2&3
Answer:
You can find the solution to the assignment question in the Instructors Manual which can be ordered from here:
http://www.prenhall.com/mischtm/howtoord...
Finance Homework Question? I really entail some aid on this!!?
Question:
The following tabulation gives earings per share information for the Foust Company durining the preceeding 10 years. The firm's common stock, 7.8 million shares outstanding, is presently (1/1/03) selling for $65 per share, and the expected dividend ar the end of the current year (2003) is 55 percent of the 2002 EPS. Because investors expect long-gone trends to continue, g may be base on teh earnings growth rate. ( write down that 9 years of growth are reflected within the data).
year EPS
1993 $3.90
1994 4.21
1995 4.55
1996 4.91
1997 5.31
1998 5.73
1999 6.19
2000 6.68
2001 7.22
2002 7,80
The current interest rate on new debt is 9 percent. The firms marginal excise rate is 40 percent. It capital structure, considered to be optimal, is a follows:
Debt $104,000,000 Common equity 156,000,000
Total liability and equity 260,000,000
1. Calculate after-tax cost of new debt and adjectives equity. Calculate the cost of equity as ks = D1/P0 + g.
2. What would Foust’s weighted average cost of capital be?
Answer:
ask contained by personal finance bit