Telugu Cinema Gossip : |
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 Silk Smitha fans from both Bollywood and Tollywood are very eager to see how heroine Vidya Balan has fared in Ekta Kapoor production "The Dirty Picture". It's well known that the movie "The Dirty Picture" is being made based on yesteryear sex siren Silk Smitha. Now the industry as well as audience are piqued with the question whether Vidya Balan will be able to bring the same 'silky touch' on to the screens?Actor and film maker from south, Vinu Chakravarthy, who transformed a naive looking Vijayalaxmi into a ravishing sex symbol on screen called 'Silk Smitha', says "Attractiveness in Silk Smitha was in her large, inviting eyes and my opinion is that Vidya Balan will not fit for the role of a sex siren. Though Vidya is talented actress but she has a sad looking face and her eyes lack sensuality. Either Aishwarya Rai or Deepika Padukone would have been my choice." |
Tuesday, May 31, 2011
Silk Smitha Vs. Vidya?????
Monday, March 28, 2011
Tax Saving & Benefits of Home Loan in India
Tax Saving & Benefits of Home Loan in India
Certainly “Saving Tax” on your income is always a spot of interest for each one of us and why not save on it when there is a legal way?Home Loans are one of a better ways for saving on your taxes for a longer duration. So how it exactly works?
There are different sections of the “Income Tax Act” of India under which you can avail deductions on the taxes, confers you to save a signification amount on your total tax liability.
There are two sections of the “Income Tax Act” of India which will allow you to get a deduction if you have taken a home loan; this of course ignores home loans from “private sources” (Friend, Family, etc). The two sections are here under.
- Sec 24(b) of the Income Tax Act, 1961
- Sec 80(c) of the Income Tax Act, 1961
Section 24(b) is with respect to the “Interest Paid” on the Home Loan and Section 80(c) is with respect to the “Principal Repayment” of the Home Loan.
The Section 24(b) of the Income Tax Act, 1961 is applicable on Home loan for purchase of house or construction of the house property. You can avail a deduction of up to Rs. 1,50,000 of youtotal tax liability, Also reconstruction or renewal or repairs is eligible for deductions under the said section.
The Section 80(c) of the Income Tax Act, 1961 allows you a deduction of up to Rs. 1,00,000 on the principal repayment amount.
Illustration
Suppose your total taxable income is Rs. 4,00,000.
Principal repayment is Rs. 1,50,000 and total Interest Payable is Rs.1,80,000.
Suppose your total taxable income is Rs. 4,00,000.
Principal repayment is Rs. 1,50,000 and total Interest Payable is Rs.1,80,000.
The total deduction allowed is Rs. 2,50,000 (1+1.5Lacs) under the sections. Hence now your total taxable income becomes only Rs. 1,50,000 (4-2.5Lacs) and that saves a lot of money!
Monday, January 10, 2011
Financial Market Trends
Financial Market Trends
Financial Market Trends reflects the changes (ups and downs) in the rates and prices of financial products traded in the financial markets. Market trends give valuable information about investment and trading opportunities available for prospective players in the financial markets. Financial market trends are mostly concerned with movements in the money and capital markets of any country. Financial market trends can also capture the trends in the interest rates arising from the monetary policies undertaken by the government and the central banks of the respective countries. The central bank in the case of India is the Reserve Bank of India (RBI) and that in the case of the USA is the Federal Reserve. In both the cases, inflation and exchange rates of the domestic currency are the determinant factors. One of the basic premises of financial markets is its integration and interrelation to other sectors of the economy such that changes in any sector of the economy rapidly gets transmitted through financial trends, which in turn affect the trends in the market. These market trends unfold in periods when there is interaction among the number of sellers (bears) and the number of buyers (bulls) in the financial market. The market trends or the sentiment of the market is defined as “bullish” or “bearish” in certain stocks according as its price or value is showing an upward or downward trend.
Some of the primary market trends in this context can be defined as the bull market and the bear market. A bull market tends to be associated with increasing investor confidence in the performance of the shares and stocks and instigating them to buy more with the expectation of further capital gains. A bear market is accompanied by widespread pessimism about the performance of the financial market. Bear market trends are observable in cases of prices of a key stock market index falling over a period of time from a recent peak period. The “great depression” of the 1930's in the US economy occurred mainly due to continuing bear market trends in the US stock markets in preceding years. Technical analysts of the stock market will state that the bulls and bears of the stock markets are a cyclical feature and thus many speculators and investors exploit these to reap the maximum capital gains. Business cycles, according to many, are at the heart of analyzing market trends in an economy as expansion and contraction tend to occur at regular intervals. While an exaggerated bull market run fuelled by over confidence and speculation leads to a stock market bubble (increasing anticipation of this symptom is found in China), exaggerated phases of the “bear run” can lead to a stock market crash and a recession.
The stock market or the share market is one of the fundamental components of the financial markets and one can get a good idea of where the market is headed by relying on two pieces of information: namely price and volume of the number of shares traded on a particular exchange on a daily basis. If the market has a high-volume day and prices (of the indexes) are up, usually an upward market trend is observed which will entail a buying spree from mutual funds and institutional investors who are the volume buyers and sellers that move the financial market. On the other hand, a high-volume day with prices falling (more sellers then buyers) could indicate a downward market trend which will be associated with big players pulling out of the market.
There are also temporary changes in stock index prices within a primary trend which can arise due to certain extraneous causes (such as the 9/11 attacks on the USA severely affected the Dow Jones Industrial Average which plunged by 684.81 points to 8920.70 on September 17, 2001. financial market trends can also be about secular market trends which are defined as long-term trends that last 5 to 20 years and consist of several sequential primary trends. Secular market trends can also be divided into secular bear and bull markets.
· Bombay Stock Exchange (India): Sensex
· National Stock Exchange (India): Nifty
· New York Stock Exchange (NYSE): Dow Jones Industrial Industrial Average (DJIA), Standard & Poor (S&P) 500
· Tokyo Stock Exchange (TSE): Nikkei
· London Stock Exchange (LSE): FTSE 100, FTSE 250, FTSE 350
Sunday, January 9, 2011
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