Responsive & Mobile Design

In the 2nd quarter of 2014 we saw many new companies entering the Smartphone market and reputed brands launching their new devices. If you follow the launches closely you will find that most of the companies have tried to launch a smartphone for every segment in order expand their market and create brand awareness as well as maximize sale.In this post I will be discussing some of the Budget Smartphones which you can possible buy based on your needs and…Continue Reading >

Responsive & Mobile Design

XIAOMI MI3: REVIEW  Mi3 is the flagship device of Xiaomi launched just couple of months back in India. The phone’s launch was much awaited in India due to the fact that it offered amazing specs at a pretty affordable price. When the phone finally got launched it opened to a huge response and thus far more than 1,00,000 units have been sold in India. The phone was one of the first from Xiaomi to be launched and few more are…Continue Reading >

Responsive & Mobile Design

Xiaomi REDMI 1s: Review Last month, Xiaomi India launched their budget Smartphone Redmi 1s. The phone is priced at just at Rs 5999/- and is available exclusively through online retail store Flipkart. The company has adopted the flash sale policy which is helping them in generating huge demand for the product and also helping them in marketing and promoting the product. The phone has been priced very aggressively and poses serious challenge for some of the Tier1 brands. Now let’s look at…Continue Reading >

Responsive & Mobile Design

In my earlier post I have given an insight about Mutual Funds (refer to my earlier post Mutual Funds: An Insight) with regard to their management and performance. Now in this post we will look at the various types of Mutual Funds available in the market and the features they offer to the investors. We look at the Funds with Investment perspective in mind and look at the differences between these funds.Equity/Growth Funds: The accumulated wealth from the investors are…Continue Reading >

Responsive & Mobile Design

Professional tax is a tax levied by the various State Governments of India on salaried individuals, working in government or non-government entities, or in practice of any profession, including chartered accountants, doctors, lawyers etc or carry out some form of business. This form of tax is in practice for a long time and States were conferred the power of leveling the Tax under Clause (2) of Article 276. The rate at which Professional tax is charged is based on the…Continue Reading >

Responsive & Mobile Design

Individuals whose Annual Income is above `2,50,000/ p.a- will be liable to pay Taxes on the earnings above the prescribed amount. However those earning below `5,00,000/ p.a- will get a Tax Credit of `2000/- on the Tax payable. Now we will look at the Tax Deductions available under the Income Tax Act and Sections applicable. We would also find out Investment and Saving options which could be availed. DEDUCTIONS U/S 80CDeductions are available to the Individuals under Section 80C, 80CCC &…Continue Reading >

Responsive & Mobile Design

Wholesale Price Index (WPI) for the month of August shrunk to 3.74% against 5.19% in July. It is the lowest since October,2009 when WPI stood at 1.8%. Stable rupee and lower commodity price in the global market has led to the decline as per the Economist. The food price index, fuel and power price index contracted to 5.15% and 4.54% in the month of August. Wholesale Inflation takes into account the prices paid by the manufacturers on the goods imported…Continue Reading >

Responsive & Mobile Design

The Budget 2014 was one of the most anticipated and hyped budget in the recent past. A new Government at the Centre backed by a strong mandate raised the hopes of the people belonging to different section of the society. It was also a very challenging task for the government as it had to tackle many issues upfront and also deliver on the expectation of the people. It had to check the continuous slide in the GDP over the past…Continue Reading >

Responsive & Mobile Design

INCOME SLABS (INDIVIDUALS BELOW 60 YRS) TAX RATES 1.) Total Income not exceeding `2,50,000/- Nil 2.) Rs 2,50,001 but not exceeding Rs 5,00,000/- 10% of Amount above Rs 2,50,000/-* 3.) Rs 5,00,001-Rs 10,00,000/- Rs 25,000/- Plus 20% of the amount exceeding `5,00,001/- 4.) Above 10,00,001/- Rs 1,25,000/- Plus 30% of the amount exceeding Rs 10,00,001/-** NOTE:  *A Tax Rebate of 10% (Rs 2000/- maximum) is available to Resident Individuals whose earning is in the range of 2,50,001-5,00,000/-. However if the…Continue Reading >

Responsive & Mobile Design

“EMERGING MARKETS”: What do they mean???Emerging Market Funds or also known as Global Funds are Mutual Funds that have features similar to Exchange Traded Funds (ETF’s). But Emerging Market Funds means a lot more than that in real terms. These are special type of Mutual Fund scheme which allocate their investments in the Developing Countries. The term “Emerging Market” is given to the countries whose economy is still in the developing stage and there is ample scope to usher the…Continue Reading >