IMPORTANT ANNOUNCEMENT regarding LEARNING WORKSHOPS.

IMPORTANT ANNOUNCEMENT regarding LEARNING WORKSHOPS. --------------------------------------------------------


"wealth4u" is extremely pleased to share with you a very SPECIAL FEATURE of our LEARNING MODULES & WORKSHOPS.



"wealth4u" shall hitherto SHARE WITH CERTAIN N.G.O.s / CHARITABLE INSTITUTIONS  50 % of the fees collected towards the Learning Modules and Workshops conducted by "wealth4u' from their own resources. 

You may kindly contact "wealth4u" for any further information  such as to know which are these institutions.
You are welcome to suggest for consideration names of  institutions carrying out good work regarding Spiritual  Awareness,  Preserving & spreading Indian Culture, Humanitarian help etc..
Those institutions already in receipt of any international aid are unlikely to be included.



What is more, the donation cheque is to be made DIRECTLY in the name of the institution of your choice from among the shortlisted ones.
This will serve as your BOOKING FEE for any particular learning program / workshop conducted by 'wealth4u'.

Are You Prepared for the onslaught of Monsoon ?

Monsoon arrived a day earlier in Kerala. If it stays usual course, it may arrive in Mumbai on Sunday 6 June 2010.

Forewarned; better armed.



Same holds true for your investments.

Are you on course regarding your Program of Wealth Creation ?

Do you have a REVIEW MECHANISM in place ?

Do you have a program of investment ?

Enroll yourself for a Learning Workshop regarding
[1]
Why to prepare a Plan for Wealth Creation.
[2]
What the plan looks like ?
[3]
The penalties one has to pay, if one does not have A READY program to manage Investments.
[4]
Know how to prepare wealth creation plan. Its basic ingredients.
[5]
Know why and Know how to monitor it by SIMPLE MEANS.

Retirement Planning

Products

Retirement Planning

Retirement Retiring Wealthy is the most desired aspects of Retirement Planning. Thanks to the advances in modern science, the average life expectancy is continuously increasing. Changing trends show that the non-working life of an individual can be longer than his working life. While the social security systems in developed countries have evolved, the one in our country is virtually non-existent. Joint families, which inherently provided such security, are increasingly being replaced by 'nuclear families'. With increasingly stressful life every one wants to retire early but this requires right planning. For a 25 year old who needs Rs.30,000 per month today to run his household would require Rs. 1.28 lacs per month after 25 years if inflation is assumed at 6% [ ACTUALLY MUCH HIGHER ].  This comes to Rs.15.45 lacs per annum. Now if one assumes to earn 10% [ BANK F.D. GIVES LESS THAN 8 % ] return post retirement, he needs Rs.1.55 crores just to meet his monthly household expenses. Monthly Expense Rate of Inflat ion No of yrs for retirement Future Value Rs. 30000/- 6% 25 Rs. 1.28 lacs You need to plan for retirement because: Traditional avenue of savings are not sufficient to meet retirementexpenses. Rising cost of living. With higher life expectancy you need to provide for around 30 years of your retired life. Not all of us are covered under pension schemes. No social security system in India like in the USA.

CONTACT wealth4u for assistance in Retirement Planning.

Shreeram TransportFinCo.NCD IPO

Dear Investor,

 

We are delighted in introducing you a very safe,  and at the same time very attractive investment opportunity.

 

An IPO of Non Convertible Debentures ( NCDs ) from Shriram Transport Company Limited - India's largest asset financing Institution.

 

A consistent profit making & dividend paying company. For  2009/10 -  Net Profit  Rs.873 Crs. & Dividend  60%. 

• IPO for Rs. 250 Crs. with a green shoe option of another Rs.250 Crs. (Total issue size Rs.500 Crs.)
• Secured & Unsecured options
• NCDs will be credited in your existing Demat Account itself.
• Very attractive interest rates of upto 11%
• 0.25% additional interest for Senior Citizens for Secured NCDs.
• NO TDS, whatever may the investment amount
• "CARE AA+" rating by CARE & "AA/Stable" rating by CRISIL.
• Listing at NSE, ensuring a permanent liquidity. 

IPO closes on 31/05/2010. Please note, allotment is only on "First Come First Serve" basis.

 

 

As Demat account is compulsory, you can contact our branches immediately for opening your Demat account also.

 

Act immediately..... Do not wait for the last few days of IPO.........

 

READY RECKONER-- NEW INCOME TAX SLABS & SECTIONS FOR FY 2010-11

READY RECKONER-- NEW INCOME TAX SLABS & SECTIONS FOR FY 2010-11

Dear Investor,

ATTEND THE TRAINING WORKSHOP ON "INCOME TAX PLANNING"

Please find herewith the New Income Tax Slabs for FY 2010-11

For Individuals, Hindu Undivided Families, Association of Persons and Body of Individuals

Income upto Rs.1.6 lakh	Nil
Income above Rs.1.6 lakh and upto Rs.5 lakh	10 per cent
Income above Rs.5 lakh and upto Rs.8 lakh	20 per cent
Income above Rs.8 lakh	30 per cent

(a) In the case of a resident woman below the age of sixty-five years, the basic exemption limit is Rs. 190,000/-

(b) In the case of a resident individual of the age of sixty-five years or above, the basic exemption limit is Rs. 240,000/-

(c) Surcharge is not applicable

(d) Education cess is applicable @ 3 percent on income-tax

(e) Marginal relief may be available.

Particulars	Taxable/Non- Taxable	Exemption/Rebate	Limit
Taxable Items:	-	-	-
Basic Pay	Fully Taxable	-	-
Dearness Pay	Fully Taxable	-	-
Grade Pay	Fully Taxable	-	-
Dearness Allowance	Fully Taxable	-	-
House Rent Allowance	Fully Taxable	-	-
City Compensate Allowance	Fully Taxable	-	-
Medical Allowance	Fully Taxable	-	-
Family Planning Allowance	Fully Taxable	-	-
Arrear Amount	Fully Taxable	-	-
Maturity Amount of NSC	Fully Taxable	-	-
Total amount withdrawn from NSS	Fully Taxable	-	-
Transport Allowance	Partially Taxable	Rebate	Maximum upto Rs.800 PM
Children Education Allowance	Partially Taxable	Rebate	Maximum upto Rs.100 PM
Deductions:
Less-Allowance U/S 10(13A) Actual Rent Paid	-	Exempt	Actual amount of HRA received or Expenditure on rent in excess of 1/10th of the salary or 50% of Salary, which ever is less Rent Paid
Interest on HBA U/S 24	-	Deduction	Maximum Rs.1,50,000
Reimbursement of Medical Exp. U/S 17(2)V	-	Deduction	Maximum Rs.15,000
U/S 80C	-	Deduction	Maximum Rs.1,00,000
Refund of loan taken for the construction of House	-	Deduction	Maximum Rs.1,00,000
C.P.F / G.P.F	-	Deduction	Maximum Rs.1,00,000
G.I.S	-	Deduction	Actual
LIC Premium	-	Deduction	Maximum Rs.1,00,000
Subscription of N.S.C. / P.P.F	-	Deduction	Maximum Rs.1,00,000
Interest Occurred on investment in N.S.C.	-	Deduction	Maximum Rs.15,000
C.T.D. / L.I.P. / ULIP (Mutual Fund)	-	Deduction	Maximum Rs.1,00,000
Unit Linked Plan	-	Deduction	Maximum Rs.1,00,000
Tuition Fee (Limited to 2 children) & (After XII th full time course)	-	Deduction	Maximum Rs.1,00,000
5 Years Fixed deposit & 5 years time deposit scheme	-	Deduction	Maximum Rs.1,00,000
U/S 80D CCC	-	Deduction	Maximum Rs.10,000
U/S 80CCD	-	Deduction	Maximum 10% of BP & DA (Recruited on or after 1.1.2004)
Medi Claim Premium U/S 80D	-	Deduction	Maximum Rs.15,000 (Other than above Rs.1,00,000)
Premium paid for Self, Spouse & Children	-	Deduction	Maximum Rs.15,000 (other than above Rs.1,00,000)
Premium paid for Parents (If parent is not senior citizen)	-	Deduction	Maximum Rs.20,000 (Other than above Rs.1,00,000)
Premium paid for Parents (If parent is senior citizen)	-	Deduction	Maximum Rs.20,000 (Other than above Rs.1,00,000)
U/S 80DD	-	Deduction	Handicapped dependents :spouse, son / daughter, parents and brother / sister - Deduction Rs.75,000 to Rs.1,00,000
U/S 80DDB	-	Deduction	Maximum Rs.400,00 (other than above Rs.1,00,000)
U/S 80E	-	Deduction	Entire amount (Interest on higher Education/Study loans)
U/S 80 G	-	Deduction	Deduction for contribution to charitable organization
U/S 80U	-	Deduction	Disability Deduction Rs.75,000 to Rs.1,00,000
Tax Relief - Additional savings in Infrastructure Bonds : Rs.20,000
CGHS subscription will be exempted u/s 80D