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Saturday, November 16, 2013

Stock Trading Software


Stock Trading Software

Stock Trading Software is a type of software through which investors and traders can buy, sell and manage shares. Stock Trading softwares are frequently offered by brokers either for free or at a discount rate in exchange for maintaining a funded account and/or making a specified number of trades per month.




Stock Market Software - Investar

Investar is a suitable software for Technical Analysis, Fundamental Analysis and Portfolio Management of Indian Stock Market

Features:
  • Automatic Buy/Sell Signals in Charts
  • Get new Intraday/Short-term ideas with LIVE Intraday Screener
  • Get Buy/Sell Pop-up Alerts on Favorite Scrips
  • View LIVE Intraday & Daily Charts simultaneously
  • Auto-updating EOD & LIVE Market Data
Investar is ideal for Technical Analysts, Brokers, Portfolio Managers, Studentsand anyone wanting to do Indian Stock Analysis for stocks in NSE, BSE or NSE F&O.


Trader Terminal (TT) India Infoline (IIFL)

Features
  • Real timeaccurate market watch rate updates
  • Designed for better performance
  • Global Buy / Sell window
  • Fast & confirmed order execution
  • Easy to use interface
  • Secured authentication
  • Single sign on

Sharekhan Trade Tiger

Features
  • Live Streaming Quotes
  • Access all Trading Calls
  • Advanced Charting features 
  • Customized Technical Rules 
  • Trade in BSE & NSE
  • Pattern Finder
Salient Features of TradeTiger
  • A single platform for multiple exchange BSE & NSE (Cash & F&O), MCX, NCDEX, Currency, Mutual Funds, IPOs
  • Multiple Market Watch available on a Single Screen
  • Multiple Charts with Tick by Tick Intraday and End of Day Charting powered with various Studies
  • Graph Studies include Average, Band-Bollinger, Know SureThing, MACD etc
  • Apply studies such as Vertical, Horizontal, Trend, Retracement & Free lines
  • User can save his own defined screen as well as graph template, that is, saving the layout for future use.
  • User-defined alert settings on an input Stock Price trigger
  • Tools available to guage market such as Tick Query, Ticker, Market Summary, Action Watch, Option
  • Premium Calculator, Span Calculator
  • Shortcut key for FAST access to order placements & reports
  • Online fund transfer activated with 14 Banks

Power India Bulls
  • Live Streaming Quotes 
  • Fast Order Entry 
  • Tic by Tic Live Charts
  • Technical Analysis
  • Live News and Alerts 
  • Extensive Reports for Real-time Accounting

Monday, November 11, 2013

Income tax slabs for the FY 2013-2014 Update


Income Tax Slab for the Financial Year 2013 - 2014

Important Update: Tax Slab FY 2013 - 2014

  • A rebate of Rs 2000 will be available for income less than Rs 5 lakhs. 
  • There will be a surcharge of 10% for those whose Income is above 1 crore per year.

New Income tax slab for FY 2013-14 / AY 2014-15
New Income Tax Slabs for ay 14-15 for Resident Senior Citizens above 60 years (FY 2013-14)
S. No.
Income Range
Tax percentage
1
Up to Rs 2,50,000
No tax / exempt
2
2,50,001 to 5,00,000
10%
3
5,00,001 to 10,00,000
20%
4
Above 10,00,000
30%
New Income Tax Slabs for ay 14-15 for Resident Senior Citizens above 80 years (FY 2013-14)
S. No.
Income Range
Tax percentage
1
Up to Rs 5,00,000
No tax / exempt
2
5,00,001 to 10,00,000
20%
3
Above 10,00,000
30%
New Income Tax Slabs for ay 14-15 for Resident Women (below 60 years) (FY 2013-14)
1
Up to Rs 2,00,000
No tax / exempt
2
2,00,001 to 5,00,000
10%
3
5,00,001 to 10,00,000
20%
4
Above 10,00,000
30%
New Income Tax Slabs for ay 14-15 for Others & Men (FY 2013-14)
1
Up to Rs 2,00,000
No tax / exempt
2
2,00,001 to 5,00,000
10%
3
5,00,001 to 10,00,000
20%
4
Above 10,00,000
30%


Looking for Tax Saving Options?? check this 
National Savings Certificate Scheme


Older Income tax rates applicable for the financial year (FY) 2012-13 and assessment year (AY) 2013-14 are mentioned below:

Income tax slab for fy 2012-13 / ay 2013-14
Income Tax Slabs for ay 13-14 for Resident Senior Citizens above 60 years (FY 2012-13)
S. No.
Income Range
Tax percentage
1
Up to Rs 2,50,000
No tax / exempt
2
2,50,001 to 5,00,000
10%
3
5,00,001 to 10,00,000
20%
4
Above 10,00,000
30%
Income Tax Slabs for ay 13-14 for Resident Senior Citizens above 80 years (FY 2012-13)
S. No.
Income Range
Tax percentage
1
Up to Rs 5,00,000
No tax / exempt
2
5,00,001 to 10,00,000
20%
3
Above 10,00,000
30%
New Income Tax Slabs for ay 13-14 for Resident Women (below 60 years) (FY 2012-13)
1
Up to Rs 2,00,000
No tax / exempt
2
2,00,001 to 5,00,000
10%
3
5,00,001 to 10,00,000
20%
4
Above 10,00,000
30%
New Income Tax Slabs for ay 13-14 for Others & Men (FY 2012-13)
1
Up to Rs 2,00,000
No tax / exempt
2
2,00,001 to 5,00,000
10%
3
5,00,001 to 10,00,000
20%
4
Above 10,00,000
30%


National Savings Certificates - A Better Saving Option - With Tax Exemption (under 80C)


National Savings Certificates (NSC)
National Savings Certificates are savings bond issued by government of india and can be bought from post office counters.


There are Two NSC Options available
  • NSC VIII Issue (5 Years Lock - In Period)  and
  • NSC IX Issue (10 Years Lock -In Period)

NSC VIII Issue
  • Scheme specially designed for Government employees, Businessmen and other salaried classes who are Income Tax assesses.
  • No maximum limit for investment.
  • No Tax deduction at source.
  • Certificates can be kept as collateral security to get loan from banks.
  • Investment up to INR 1,00,000/- per annum qualifies for IT Rebate under section 80C of Income Tax Act.
  • Trust and HUF cannot invest.
  • Rate of interest 8.50%.
  • Maturity value of a certificate of INR.100/- purchased on or after 1.4.2012 shall be INR. 151.62 after 5 years.
NSC IX Issue
  • No maximum limit for investment.
  • INR. 100/- grows to INR 234.35 after 10 years.
  • Minimum INR. 100/- No maximum limit available in denominations of INR. 100/-, 500/-, 1000/-, 5000/- & INR. 10,000/-.
  • A single holder type certificate can be purchased by an adult for himself or on behalf of a minor or to a minor.
  • Rate of interest 8.80%.
  • Maturity value of a certificate of INR.100/- purchased on or after 1.4.2012 shall be INR. 236.60 after 10 years.
Buy National Savings Certificates (NSCs) every month for Five years – Re-invest on maturity and relax - On retirement it will fetch you monthly pension as the NSC matures.

Return 
It is having a high interest rate at 8.6 % compounded half yearly. Post maturity interest will be paid for a maximum period of 24 months at the rate applicable to individual savings account. A Rs1000 denomination certificate will increase to Rs. 1524 on completion of 5 years.

Advantages

The investment under this scheme qualify for the benefit of Section 80C of the Income Tax Act, 1961 from 1-4-2007. Interest accrued for any year can be treated as fresh investment in NSC for that year and tax benefits can be claimed under section 88. NSCs can be transferred from one person to another through the post office on the payment of a prescribed fee. They can also be transferred from one post office to another. The scheme has the backing of the Government of India so there are no risks associated with your investment.

How to start?
Any individual or on behalf of minors and trust can purchase a NSC by applying to the Post Office through a representative or an agent. Payments can be made in cash, cheque or DD or by raising a debit in the savings account held by the purchaser in the Post Office. The issue of certificate will be subject to the realization of the cheque, pay order, DD. The date of the certificate will be the date of realization or encashment of the cheque. If a certificate is lost, destroyed, stolen or mutilated, a duplicate can be issued by the post-office on payment of the prescribed fee.

Saving Vs Investing


Saving and Investing
Everyone would have heard about these two terms Saving & Investing, Are these terms Same or they are different??



Let's see what these Saving and Investing actually mean and how do they differ from each other.

Savings means:
  • Depositing cash in a safe place
  • Having minimal return and 
  • Less Risk
So now you know that saving is keeping your money in a safe place and which will fetch you some return.

Investing Means:

  • Purchasing an Asset or Investment
  • Having a potential of high return and
  • High Risk
Investing is basically purchasing an asset or investment expecting a higher return, here one should consider about the risk factor involved. Sometimes you can get better returns than saving and sometimes you will end up with losing lot of money.

Savings Options





There are various options for saving money these includes: 
Investing Options


These are some of the Investing Options:
  • Stocks (Equity)
  • Bonds
  • Mutual Funds (MF)
  • Options – Put and Call
  • Futures
  • Real Estate, etc
All these above will fetch good returns when compared to saving options, but all the above are subjected to market risk.

Why Saving or Investing???
  • For Covering short term or long term personal expenses
  • For Purchasing House, Car, etc
  • For Spending on Vacations
  • Retirement Plans, etc

Wednesday, November 6, 2013

Samvat 2070


Samvat 2070, the new year for the trading community on dalal street, started on a high note with the sensex scaling a new all-time high at 21322, during the one hour fifteen minutes special trading  session on Sunday evening and also closing at a new high at  21239.
Usually during this special trading session, called the muharat trading session which marks the start of a new year. traditional day traders and investors on the street only buy shares, even if in small quantities, and donot sell any of their holdings however, over the years this tradition has changed  and now there are traders and investors who also on this day.

Sunday’s Muhurat session started with the sensex up by nearly by 100 points with stocks like Tata Motors, Jindal Steel and Sun Pharma in the lead, the sensex scaled a new peak at the very beginning but then profit taking to some points off the index and it closed with a gain of 43 points. The day’s session also made investors richer by about rs 19000 crore with BSE’s market capitalization now at rs 68.3 lakh crore.
Although the sensex is at a new high not many are happy since the recent rise has not accompanied spurt in turnover. Low turnover on the bourses means less commission for the brokers and hence the lack of enthusiasm among the people on the dalal street.


Moving ahead, brokers are also expecting some corrections with the strength of rupee, foreign fund flows and political developments being the main drivers. “Government;s special schemes to get more dollars through the FCNR scheme will end by this month end. Against a total target of $15billion, we have already got about $13billion through this scheme. This, along with lowering of our current account deficit (CAD), has helped the rupee strenghern from its all time low levels (near the 69 to the $ Mark),” said deven choksey, MD KR choksey shares and securities.