Finance Archives -

27 Aug

Only two showrooms in the whole country, the company’s IPO purchase application received 200 times

Banasree Sarkar0 CommentsFinanceIPO

The stock market is excited about the first IPO of a resourceful automobile. IPO is a process where the shares of private companies are listed on the stock exchange to make the shares available to the public. As soon as Resourceful Automobile's IPO was announced, there was a flurry of applications to buy the company's shares. Due to this strong enthusiasm of investors, applications were received 200 times as compared to the total of 10.25 lakh shares on August 26. Resourceful Automobile's initial IPO is 10.5 lakh, according to BSE data on Monday. Each share is priced at Rs. 117.…

13 Aug

This mutual fund has given 102.05% return in one year

Banasree Sarkar0 CommentsFinanceMutual Fund

We all want to invest in a place where we can get big returns safely. This fund has doubled its money in one year. This mutual fund has given 102.05% return in one year. Many say that the longer the investment is made, the higher the profit. Long-term investment is always recommended, especially in mutual funds. However, many will be surprised to know that mutual funds are not only for the long term, but in many cases, investing in mutual funds for short periods of time can yield huge returns. According to AMFI data, HDFC Defense Fund's Direct Plan has…

03 Aug

Great opportunity to invest in the car sector during the fall

Banasree Sarkar0 CommentsFinanceauto sector

The stock market had witnessed a remarkable rise in four consecutive sessions till Thursday. But that growth took a hit in the final trading session of the week. At the end of Friday's trading session, both the major indices of the market were seen in the red. However, a large section of investors still maintain a positive view of the investment. There are great opportunities to buy stocks in a number of sectors in the current fall in the stock market. In a recent interview with a news agency, expert Sandip Sabharwal advised investors to maintain a positive outlook on…

02 Aug

Today is the last trading day of the week of August 2, know the breakout stocks

Banasree Sarkar0 CommentsFinancesensex

Today is the last trading day of the week of August 2. The market performed very well yesterday, but this morning the market faced a decline. Sensex fell by 700 points at the opening of the market in the first session. However, some stocks may break out today. A number of companies have already released their quarterly results, and due to these results, investors are seeing enthusiasm. As a result, the stock prices of these companies may increase in the coming days. Earlier, the Nifty 50 gained 1,000 points in just 24 sessions to touch yesterday's high of 25,000. On…

31 Jul

It is important to file income tax return correctly, learn about 5 income tax return mistakes today

Banasree Sarkar0 CommentsFinanceITR

The deadline for filing income tax returns is July 31. Experts say that just filing an income tax return is not enough. Filing income tax returns correctly is important; otherwise, it may be rejected. Today let's find out about 5 such mistakes, due to which returns can be rejected. Giving wrong information in the form: Taxpayers should not give any wrong information in the income tax form. The Income Tax Department has asked return filers not to claim false information for expenses and not to understate their income. The department said that claiming exaggerated and fake returns is a punishable…

30 Jul

Tax deposit at home with one click, receipt will also be available at home

Banasree Sarkar0 CommentsFinanceTax

Residents of Aligarh do not have to go to the municipal corporation to deposit house tax. Now this task can be done with just one click. The Municipal Corporation has invented a great way to collect house tax. Not only will this benefit the public, employees will also not have to go to people's homes. Following this system adopted by the Municipal Corporation, the public will be able to deposit their house tax at home within minutes with a single click. A special system has been developed by the Municipal Corporation for submission of house tax bills. For this, a…

26 Jul

Invest in mutual funds, get good returns

Banasree Sarkar0 CommentsFinancemutual funds

Currently, a large part of the investors are investing their savings in mutual funds. Also getting good returns. Multiple mutual funds have become the best medium of investment. There are many investors who invested 10 thousand rupees per month for 15 years and got more than 1 crore return. There are also examples of returns of Rs 1 crore 36 lakh by investing around Rs 19 lakh. Notable schemes include the DSP Smallcap Fund. Whereas if you do a SIP of 10 thousand rupees continuously for 15 years, you can get a return of about 1 crore 36 lakh rupees…

25 Jul

Special Fixed Deposit can be done in a short time, will get many benefits

Banasree Sarkar0 CommentsFinancefinance

Fixed Deposit (FD) is very attractive to the middle class for savings. Various banks offer this service. However, the interest rate varies from bank to bank. And it can be done for different durations. Senior citizens get more interest in this scheme than general citizens. But recently several banks have introduced special fixed deposits, or special FDs. Higher interest is being paid under this scheme. But this advantage will not last long. So if you make a fixed deposit in this scheme quickly, you will have the opportunity to get more returns. The State Bank of India has extended the…

25 Jul

Exemption in duty on three cancer drugs in Union Budget 2024-25

Banasree Sarkar0 CommentsFinanceUnion Budget

Finance Minister Nirmala Sitharaman has announced duty exemption on three cancer drugs in the Union Budget 2024-25. These three drugs are Trastuzumab Deruxtecan, Osimertinib, and Durvalumab. Prior to the finance minister's announcement, imports of these three drugs were subject to 10 percent duty. Cancer patients will really benefit from the announcement of this tax exemption? How these cancer drugs help in cancer treatment- Trastuzumab Deruxtecan: It is a monoclonal antibody. It is used to treat breast and stomach cancers that have the HER-2 receptor. Currently, the price of this drug is around Rs 1.6 lakh per vial. Among women's cancers,…

24 Jul

Keep an eye on stocks before investing in a budget climate

Banasree Sarkar0 CommentsFinancebudget

Union Finance Minister Nirmala Sitharaman said that up to 300 units of free electricity will be provided to 1 crore households every month under the Surya Ghar Muft Bijli Yojana in the budget. Solar power companies can benefit from this in this climate. So the share price of Tata Power, Adani Green, and Wari Energies may increase. Divyam Maure, research analyst at Samco Securities. Union Finance Minister Nirmala Sitharaman has announced an increase in the upper limit of currency loans from 10 lakhs to 20 lakhs in the budget. These loans are provided by government banks and microfinance institutions. According…