25, సెప్టెంబర్ 2010, శనివారం
tejaswini గోయింగ్ టు స్కూల్
17, సెప్టెంబర్ 2010, శుక్రవారం
పి. ఎఫ్. వడ్డీ లో పెరుగుదల...
ఇది అందరికీ తెలిసిందే అయి ఉండవచ్చు... కానీ నాలాగ కొంతమందికి తెలిసి ఉండక పోవచ్చు... ఈ రోజే సైట్ హెచ్.ఆర్. సైట్ లో చూసాను... కాపీ చేశాను... ఇక్కడ పేస్టు చేసాను. ....
Re: PF Interest rate enhancement
Windfall gain: EPF interest rate hiked to 9.5% for '10-11NEW DELHI: Diwali came early for salaried employees on Wednesday as the Employees' Provident Fund Organisation (EPFO) on Wednesday raised the interest rate on retirement benefits by a full percentage point to 9.5% for 2010-11 from 8.5% for the previous year. This move will benefit 4.70 crore organised sector workers. Corporates which run their own PF trusts will also have to match the new rates. In fact, while the official interest rate is 9.5%, the actual rate of return works out to 13.8% (assuming investment of Rs 70,000 for the year in the instrument). That's because tax is saved both on the principal invested as well as the interest, translating into a very healthy return post tax, which is almost double that provided by fixed deposits (see graphic). Wednesday's increase took the EPF interest rate to a five-year high and was made possible due to the surprise discovery of nearly Rs 1,700 crore in the suspense account -- meant for unclaimed PF money. The windfall was discovered after the central board of trustees last year ordered a review of all EPF accounts since 1952. The decision of the board of trustees, headed by labour minister Mallikarjun Kharge, to hike the interest rate will be forwarded to the finance ministry for its notification. The 9.5% interest rate will result in an additional outgo of Rs 1,600 crore, which will be used from the surplus of Rs 1,731 crore in the interest suspense account of EPFO. Kharge told reporters that the EPFO trustees had decided not to invest in the stock markets and would continue to follow the existing investment pattern. "We had received a letter from the finance ministry asking for parking of a portion of EPFO funds in the stock market. We have received huge opposition from CBT members who oppose the idea of investing in stock markets," Kharge said. The EPFO maintains a huge corpus of over Rs 300,000 crore, whereas all recognised PFs managed by it have accumulated funds to the tune of Rs 200,000 crore. Deepankar Mukherjee, CITU national secretary who was part of the board decision, said this was a short-term measure but the government must ensure that workers get a higher interest given the fact that there is high inflation and funds are parked in government securities. "The interest rate was as high as 12% not very long ago. It was brought down as the government felt inflation had come down substantially. Now that inflation is in double digits, it must announce an additional interest subsidy as stimulus," Mukherjee said. Between 1989-90 and 2000, the rate of interest on PF was 12%. It was reduced to 11% in July 2000 and thereafter the slide began. The reason for fall in interest rates was overall fall in interest rates in banks and lower inflation. Minister of state for labour Harish Rawat clarified that the raise of an additional 1% is just for this year. Next year, the earnings of EPFO will determine the rates. "We found a surplus of Rs 1,731 crore in the suspense account and we put that before the CBT to decide," the minister said. In another important decision, the board of trustees decided to stop paying interest on "inoperative accounts", thus reducing the interest burden on account of those who use this fund as an investment destination. "The accounts which are not operated for 36 months will stop getting interest," he said. D L Sachdev, AITUC national secretary, welcomed the decision, but said this was only a one-time security. "What the workers need is a long-term measure to be worked out and that is only possible with the government intervention," he added. The EPFO decision will also increase the bill of many corporates which run their own PF trusts as they will have to match the new rates announced on Wednesday.
14, సెప్టెంబర్ 2010, మంగళవారం
ఎస్.బి.ఐ.సేక్యురిటీస్ గురించి...
ఈ మధ్య ఎస్.బి.ఐ. లో ౩ ఇన్ ౧ ఎకౌంటు ఓపెన్ చేశాను... ఇంతకు ముందు మోతిలాల్ ఒస్వాల్ తో లింక్ ఉన్న ఎస్.బి.ఐ. ఇప్పుడు "ఎస్.బి.ఐ. కేప్ సెక్యురిటీస్" గ మారింది.. ఐ.సి.ఐ.సి.ఐ. డైరెక్ట్ తో పోలిస్తే సర్వీసెస్ కొద్దిగా పూర్... కాకపోతే బ్రోకరేజ్ కాస్త తక్కువ పడుతుంది... అంతే కాకుండా మినిమం ఇన్ని కొనాలి అని రూల్ లేదు... అందువల్ల కాస్త తక్కువ ధర పెరిగినా అమ్మేసుకొనే అవకాసం ఉంది... రోజుకి ఒక స్క్రిప్ కు సంబంధించి రికమండేషన్ ఇస్స్తున్నాడు.. దాని ప్రకారం ట్రేడింగ్ చేస్తే కనీసం పదిహేను వందలకు నాలుగు రోజుల్లో కనీసం ఐదు రూపాయలైనా కిట్టుబాటు అవుతుంది.. అదే ఐ.సి.ఐ.సి.ఐ. లో ముప్పై వేల మీద రెండు వేలు రావడానికి మూడు నెలలు పట్టింది... లాంగ్ టైం వెయిట్ చేస్తే ఏదైనా ఓ.కే. కానీ మనకు అంత ఓపిక లేదు కదా.. నిజానికి ఇంట్ర డే ట్రై చేసి నాలుగు వందలు బొక్క పెట్టుకున్నాక బుద్ధి మంతునిలా తక్కువ పెట్టుబడి... తక్కువ లాభం ... సూత్రాన్ని పాటిస్తున్నాను... ఏది ఏమైనా పూర్తిగా ఇంప్రూవ్ కావాలంటే (నేను కాదు... ఎస్.బి.ఐ. సంగతి ... ఐ.సి.ఐ.సి.ఐ. లాగ... ) చాల టైం పడుతుంది... ప్రస్తుతానికి నాలాంటి వారికి ఎస్.బి. ఐ. ... ఓ.కే.
ఎలాగైనా ఇన్వెస్ట్ చెయ్యండి... భవిష్యత్ కోసం...
మురళి.