Dear All,
Warm Greetings !
Here is the link to download the Application form of "NHB Tax Free Bond Tranche II Issue"
http://59.144.72.251/IPOPDFGenWeb/brokerOnly.aspx
National Housing Bank AAA Rated Tax Free Bond Issue Details ¤
Issue opens:7-Mar-14
ROI- Retail 10 Yrs 8.50%; 15 Yrs 8.93%; 20 Yrs 8.90%. Non-Retail 0.25% less than retail rate. Allot 1st-cum-1st serve.
Thanking you
Regards,
Rajesh Kumar Kathpalia ¤ SMC Global
17,Netaji Subhash Marg,Daryaganj,
New Delhi-110002 Mobile No 9891645052
Email Id: rajesh.ipo@smcindiaonline.com
--
You received this message because you are subscribed to the Google Groups "Product Updates for AMC" group.
To unsubscribe from this group and stop receiving emails from it, send an email to Productupdatesforamc+unsubscribe@googlegroups.com .
For more options, visit https://groups.google.com/groups/opt_out .
Frequently Asked Questions : 1. What is the PPF Scheme? Public Provident Fund (PPF) scheme is a long term investment scheme backed by the Government of India, framed under the Public Provident Fund Act, 1968. It offers safety with attractive interest rate and returns that are fully exempted from Tax. 2. Who can open account under PPF scheme? a. Individual or individual as guardian of a minor can open the account. (account cannot be opened in Joint names). b. Only one account can be opened by an individual in his/her own name. 3. Who cannot open PPF account? a. HUF are not eligible. b. Non Resident Indians are not eligible. 4. What is the Limit of Subscription to a PPF account? Minimum subscription of Rs.500/- and maximum of Rs.1, 50,000/- can be made in lump sum or in 12 instalments per financial year. (The subscription limits stands enhanced to Rs. 1,50, 000/ per year w.e.f. 23.08.2014) 5. When does a PPF account mature and can PPF account ...
Ashok Singh had bought an insurance policy in 2000. When he passed away in 2008, his elder son and wife ended in a legal battle because while the son was the nominee, his wife was the legal heir.
Ideally, the nominee and the heir are the same. But if they are different, the law depicts a nominee as only a trustee. This is true for all financial instruments, except shares and debentures. Says Sajid Mohamed, partner at PDS Associates: "If one is a nominee to investments in shares or debentures, he or she has all rights to liquidate the share, even without the legal heir's permission. That is, a nominee is superior to a legal heir according to the Companies Act.&"
Under Section 109A of the Companies Act, if the nomination is made under procedure prescribed by law, he/she will be entitled to become the rightful owner of shares. And, such right shall exclusively favour the nominee and exclude all other persons.
In comparison, Section 39 of the Insurance Act say...
Comments
Post a Comment
You are requested to mentioned your full name with email id while commenting.