HindiWeb.net

Who can subscribe
Any individual in his own name or on behalf of a minor, for whom he/she is a guardian and HUF, can open a PPF in addition to a GPF account. Only one PPF A/c can be opened in one name.

Where to apply
A PPF account can be opened at any branch of

• State Bank of India and its subsidiaries or at the head offices or
• Sub post offices or sub post offices in section grade or at branches of the
• Nationalised banks engaged in the collection of direct taxes.

Tax benefit
The amount deposited and interest earned on it (including interest during the extension period) is completely exempted from income tax u/s 10(11) and the entire deposit in the account is exempted from wealth tax. The annual contribution upto Rs 70,000 is eligible for rebate u/s 80C. An Investor can deposit Rs 70,000 in their PPF A/c, even if they have already paid the amount in LIC, NSC, ULIP. Rebate is also available on contributions made during the extended period provided the option to continue is exercised within one year of expiry of 15 years (or the extended block period).

Protection from attachment
PPF cannot be attached under any order or decree of court.

Interest Rates
Deposits in the account earns an interest of 8% per annum compounded annually. Interest is payable on the lowest balance between the fifth day and the last day of the calendar month. Deposit rates for deposits made in various periods are as under:

Features

1. Only one account can be opened in the name of a person. Although one person can have only one PPF account in his name at a time, he can contribute on behalf of his children or spouses and enjoy all the tax benefit as in his account.
2. Twelve deposits can be made in a financial year.
3. Minimum deposits in a year is Rs.500 and maximum is Rs. 70,000/-. PPF is a 15 year scheme, requiring minimum 16 contributions in all. The amount of annual subscription ranges from Rs 500 to Rs 70,000 payable either in lump sum or convenient instalments, not exceeding 12 in a year. The instalment should be in multiples of Rs 5.
4. Amount deposited in excess of Rs 70,000 in a year, will not be treated as ‘subscription’ and shall be returned without any interest.
5. Depositors can take a loan in the third financial year from the financial year in which the account was opened. Loan can be taken up to 25% of the amount standing at the end of second preceding financial year, repayable in 36 instalments having the interest rate 1% higher than he receives. Second, the loan will be given only after the repayment of the first loan. No loan can be obtained after the end of 5th year following the expiry of the year in which the initial subscription was made. In case of death of the subscriber, the nominee/legal heir is liable to pay interest on loans availed of by the subscriber but not paid before his death.
6. Fresh loan is not allowed when previous loan or interest thereof is outstanding.
7. Interest is charged at the rate of 1% if prepaid within 36 months and at 6% on the outstanding loan after 36 months.
8. A subscriber is permitted to make one withdrawal every year from the 7th financial year. An amount not exceeding 50% of the balance to his credit at the end of 4th year immediately preceding the year of withdrawal or at the end of preceding year, which ever is lower. The withdrawal can be made even every year. Example:
                   Years Balance (Rs)
                   31.3.2000 200,000
                   31.3.1999 150,000
                   31.3.1998 120,000
                   31.3.1997 100,000
   In the above case, the subscriber can withdraw Rs 50,000 in the year 2000-01.
9. Amount of withdrawal is limited to 50 % of balance at the end of the fourth preceding year less amount of outstanding loan or 50% of balance at the end of immediate preceding year of withdrawal less amount of outstanding loan, if any whichever is less.
10. A subscriber can close the account in the 16th financial year. The account can also be continued with or without subscription, for further blocks of 5 years.
11. At the subscriber’s option, the scheme may be continued for another 5 years after maturity. This facility can availed for further period of 5 years on the expiry of 20th years and yet another 5 years on the expiry of 25 years and so on. The option should be exercised within one year after expiry of 15 years or the extended block period by applying in Form H.
12. Subscribers who continue their account after 15 years, with fresh subscription, can make one withdrawal per year subject to the condition that the total of the withdrawals during a block period shall not exceed 60 percent of the balance to their credit at the commencement of the extended period.
13. Deposits are qualified for Income Tax rebate under section 88 of Income Tax Act.
14. Deposits completely exempted from wealth tax. Interest is completely tax free under section 80 of IncomeTax Act.
15. One or more person can be nominated. The nomination facility is also available in respect of an account opened on behalf of an HUF.
16. In event of death of the subscriber the amount standing to subscriber’s credit will be repaid on demand to his legal heirs or the nominee. However the un-drawn balance will continue to earn interest till the end of the month, preceding the month in which the amount is paid to the nominee/legal heir.
17. In case of no nomination is made then the scheme now permits payment of balance up to Rs 100,000 to the legal heirs on the basis of affidavits. Earlier the heirs had to produce a succession certificate to get back the balance to the credit of the deceased.
18. In case the subscriber fails to deposit yearly subscription in any year i.e. where no amount is deposited in PPF account in any year the same should be got regularized by depositing at least Rs 500 per year along with a penalty of Rs 100 per year

Popularity: 4% [?]

The personal loan is borrowed to meet the unforeseen expenses. You are at risk, if you have the habit of using personal loans to meet needless expenses. If the expense can wait till you get the required amount on your own, then what is the need of personal loan.

Before taking any personal loan you should ask yourself following questions:

1. Do I really need it?
2. Can I manage without a personal loan?
3. Is it for a frivolous expense- like a holiday- that I could really avoid?
4. Is it possible that I could secure the money by other means- like borrowing from a relative, taking up a part time job, sale of an asset? If you can avoid it, then don’t take the monkey on your back!

Then you should decide on certain factors because a personal loan vary according to them such as:

* The amount that is to be borrowed
* The rate of interest
* Whether it is a fixed or a variable rate of interest
* Loan repayment term( in months or years)
* The down payment or deposit
* The associated fees or costs- broker fees, prepayment fees, origination fees.
* The insurance that the lender would require

In other words, you are buying a sum of money for more than it would cost the lender. It would be insufficient to consider only the rate of interest before taking a personal loan. There are  arrangements fees and penalties of prepayment that you would have to consider. Many of the “no-fee” credit lines carry with them a prepayment penalty. This is the way the lender/broker makes his profit. Please work out the total expenses of your small or big personal loan before signing up for the loan agreement.

Thereafter you should know about the types of personal loans. Personal Loans are of various types, mainly Secured Personal Loans and Unsecured Personal Loans.

Secured Personal Loans
These loans are given by the lender upon the pledge of collateral by the borrower to secure the loan- like property, or a car. Subsequently as the lender stands to recover his money if there is any default in repayment, the rate of interest charged on the loan is less.

Unsecured Personal Loans
Such loans are given to the borrower with no pledge of collateral or security. As the lender faces a very high risk of losing his money should the borrower default on repayment, the interest rate is quite high.

Unsecured Bad Credit Personal Loan
Here again the borrower with a history of bad credit rating is being given a loan without forwarding any collateral on his part. All the lender has is the borrower’s signed promise to repay the loan. Therefore such personal loans are also called signature loans. Signature loans would be issued in full entirety upon the receipt of a signed activation letter or a letter of commitment from the prospective borrower. Consequently to protect the lender’s money, the rate of interest charged would be high.

Guaranteed Personal Loan
A guaranteed personal loan comes with a requirement from the lender that the borrower must be having a certain level of income and a good credit rating. He should provide the lender with sufficient proof of his ability to make the repayment.

Popularity: 5% [?]

State Bank of India is planning to raise Rs 3,000-4,000 crore through the issue of subordinated debt to retail investors. The bond is likely to have a tenure of 5-10 years with an interest rate of about 9%. The retail bond issue may be launched before June.

SBI also intends to raise about Rs 2,000 crore before March 2009 through a private placement of bonds.

SBI was the first bank to raise money through retail bonds. It garnered Rs 1,500 crore in 1994 by offering a floating interest rate pegged at 2% above its highest term deposit rate. The bond issue had a 10-year tenure. It had a put and call option at the end of five years and this was exercised in 1998, when bonds were redeemed. No bank has tapped the retail market since.

Tata Capital mobilised close to Rs 2,500 crore through its retail bond issue against the issue size of Rs 1,500 crore, which included a green-shoe option of Rs 1,000 crore. The success of Tata Capital  SBI has been  toying with this idea for a while, but the success of Tata
Capital intensified their plans to enter the retail bond market.

Tata Capital, a double A+ rated company, offered 12% of a five year bond, with a three year put and call option. SBI feels that as a government owned entity, it can offer lower rates compared with private counterparts.

SBI officials said, “The bond issue will have to be priced slightly higher than the interest rates that the bank is paying. SBI offers 9% on 1,000 days deposits.

The money raised will be deemed as tier II capital, which in turn will enable the bank to improve its capital adequacy ratio. SBI’s CAR stood at 13.72% as on December 2008. Even as corporate issuers stay away from the bond market, a host of banks are raising money through the private placement route.

Popularity: 14% [?]

The Central Board of Trustees of the Employees Provident Fund has recommended continuation of an 8.5 per cent interest rate to almost 440 lakh subscribers for fiscal year 2008-2009.

This was decided at a meeting of the newly constituted Board, Chaired by the Labour and Employment Minister Mr Oscar Fernandes in New Delhi on Sunday.

Six major trade unions have registered their protest over the government’s decision to fix the rate of interest at 8.5 per cent. They said, the rate of interest remained the same as last year’s and fell short of 9.5 per cent that was promised by the Prime Minister Dr Manmohan Singh.

Popularity: 4% [?]

हम आपके लिये एक ऐसी स्कीम लाये है जो आपको देगी ढेर सारा धन सिर्फ थोडी सी मेहनत में । आपको मिलेगी हर महीने एक निश्चित रकम, हर पांच वर्ष में आकर्षक बोनस और आपके बाद आपके परिवार को एकमुश्त भारी सहायता। इससे मिलेगी आप और आपके परिवार को सभी प्रकार की अनिश्चितताओं से जीवन भर की सुरक्षा।

और यह सब पाने के लिये आपको अलग से समय भी नहीं देना है। आप अपनी नौकरी, व्यापार, व्यवसाय को चालू रखते हुये खाली समय में इसे कर सकते है। शीघ्र लाभ पाने के लिये आपके सम्पर्क में आने वाले आपके सहकर्मी, मित्र, रिश्तेदार व अन्य सभी व्यक्तियों को आप इस आकर्षक स्कीम के बारे में जरूर बताये जिससे वे भी स्कीम का लाभ उठा सके।

बेरोजगार युवकों के लिये यह एक ऐसा सुनहरा अवसर है जिसे अपना कर वे भविष्य की सभी चिन्ताओं से मुक्त होकर स्वयं व अपने परिवार को एक सुरक्षित जीवन प्रदान कर सकते है।

है न आश्चर्यजनक ! हर व्यक्ति का जीवन में यही सपना होता है और आपको भी अपने सपनों को पूरा करना है। तो आइये और जानिये कि कम मेहनत में क्या करे जिससे इतना सब कुछ बहुत ही आसानी से मिले। आपके सपनों को पूरा करने के लिये इस पारदर्शी और उलझनों से मुक्त स्कींम के निर्माता है – हिन्दुस्तान मारकेटिंग कम्पनी -

तो आइय़े, हमसे हाथ मिलार्ये और जानिये इस

क्या आपने कभी ऐसा चाहा है कि आप के पास कोई ऐसा साधन हो जो आपकी रोजमर्रा की जिन्दगी में आने वाले खर्चों के लिये होने वाली पैसों की तंगी को दूर कर सके.

हर मध्यम और निम्न वर्ग के व्यक्ति चाहे वह व्यापारी हो या नौकरीपेशा, सभी को हर महीने एक ऐसे बजट की जरुरत होती है जिसे वह खर्च कर अपनी व अपने परिवार की आवश्यकताओं की पूर्ति कर सके. सभी व्यक्तियों का यह बजट परिवार के सदस्यों की संख्या तथा उनके रहन सहन के स्तर के अनुपात के कारण अलग अलग होता है.

आज की इस रोजमर्रा की भागदौड भरी जिन्दगी में, जहां पर व्यापार में इतनी स्पर्धा (competition) है तथा जनसंख्या वृद्धि के कारण नौकरियों मे इतनी कमी. जिसकी वजह से हर व्यक्ति मेहनत ज्यादा करता है और कमाई कम होती है और जो कमाई होती है वह सब खर्चों में पूरी हो जाती है, कई बार तो व्यक्ति कमाता बाद में है मगर खर्च करने का प्लान पहले ही बना लेता है.

यह बात हम सभी जानते है कि व्यक्ति का विकास व समृद्धि तथा अपने परिवार को एक सुरक्षित व आत्म निर्भर जिन्दगी व भविष्य प्रदान करने के लिये बचत (Savings) की बहुत जरुरत होती है, ना कि खर्चों की. मगर व्यक्ति के लाख चाहने के बाद भी वह उन खर्चों पर कोई रोक नहीं लगा पाता और बचत के बारे में सिर्फ और सिर्फ सोचता ही रह जाता है.

अगर आपकी भी यही समस्या है तो आइये और हमसे हाथ मिलाइये. हमने आपके लिये एक ऐसे प्रतिस्पर्धा रहित व्यापार (business) का निर्माण किया है जिसके लिये आपको ना तो लाखों रुपये की पूंजी लगानी है और ना कही नौकरी करनी है. एक ऐसा व्यापार जिसमें आप स्वयं ही आपके बॉस होंगे और समय की पूरी आजादी होगी और एक ऐसा आकर्षक उत्पाद (product) होगा जो कि हर व्यक्ति के काम का तथा जरुरी होगा. सबसे बडी बात यह है कि इस व्यापार में आप सिर्फ कुछ समय तक ही मेहनत करके डायमण्ड डिस्ट्रीब्यूटर बन कर पूरे जीवन भर इन लाभों को प्राप्त कर सकते है :

1. व्यापार वृद्धि के साथ आकर्षक प्रोत्साहन राशि
2. 1000 रुपये हर माह पूरी जिन्दगी
3. 10000 रुपये हर पांच वर्ष बाद :
4. 100000 रुपये म्रुत्यु के पश्चात आपके परिवार को

यह सब तथा और भी बहुत कुछ जो कि कम्पनी आपके लिये भविष्य में करेगी

अब आप सोच रहे होंगे कि आपको ऐसा क्या करना है जिससे आपको ये सभी लाभ प्राप्त हो. आपको ज्यादा कुछ नहीं करना है., सिर्फ आपको हमारे उत्पाद (product) का एक सेम्पल किट लेकर साधारण डिस्ट्रीब्यूटर बनना होगा. जिसके लिये आपको सिर्फ रु.1250/- देने होंगे (जिसमें रजिस्ट्रेशन फीस, प्रोसेसिंग फीस एवं एडमिनिस्ट्रेटिव कोस्ट शामिल है) तथा इसके पश्चात आपको पांच साधारण डिस्ट्रीब्यूटर बनाने होंगे. इस प्रकार आपका व्यापार शुरु होता है. और आपकी साधारण डिस्ट्रीब्यूटरशिप की ग्रेड तथा प्रोत्साहन राशि नीचे दी गई सारणी के अनुसार बढती जायेगी –

1. जैसे जैसे आपका ग्रेड बढता है, वैसे वैसे कम्पनी आपको सूचना देगी. तथा आप चाहे तो इन्टरनेट के माध्यम से आपके ग्रेड पदोन्नति की जानकारी कम्पनी की वेबसाईट पर जाकर प्राप्त कर सकते है.
2. कोई भी तथा किसी भी ग्रेड का डिस्ट्रीब्यूटर किसी भी समय कितने भी साधारण डिस्ट्रीब्यूटर बना सकता है और ऐसे साधारण डिस्ट्रीब्यूटर उसी के स्टेप में कुल साधारण डिस्ट्रीब्यूटर की संख्या में जोडे जायेंगे.
3. कम्पनी स्टेप का पूरा होना साधारण डिस्ट्रीब्यूटर बनाने की संख्या पूर्ण होने पर मानती है ना कि हर साधारण डिस्ट्रीब्यूटर के एक्टिव होने पर.
4. जिस दिन भी आपके चौथे स्टेप का आखरी साधारण डिस्ट्रीब्यूटर बनता है आप कम्पनी के डायमन्ड डिस्ट्रीब्यूटर.बन जाते है और उसके अगले महीने की पहली तारीख से पूरी जिन्दगी भर कम्पनी आपको वे सारी सुविधाये प्रदान करती है जिसके लाभ को पाने के लिये आप डिस्ट्रीब्यूटर बने है.
5. नया डिस्ट्रीब्यूटर बनाने पर उससे किट और रजिस्ट्रेशन फीस के रु.1250/- प्राप्त करके
6. Hindustan Marketiong Company के नाम का Sheoganj (शिवगंज) Distt: Sirohi- Rajasthan में payable DD बनवाकर
7. DD तथा पूर्ण रुप से भरा हुआ डिस्ट्रीब्यूटरशिप फार्म एवं Age Proof, Residence Proof, Photo ID के साथ हमें भारतीय रजिस्टर्ड डाक से तुरन्त भेजे.
8. 1250/- रुपये एवं पूर्ण रुप से भरा हुआ फार्म मिलते ही उनका प्रोडक्ट किट (ब्रान्डेड सूट लेन्थ, विज्ञापन सामग्री ,पांच डिस्ट्रीब्यूटरशिप आवेदन फार्म एवं HMC ID Card) उसे भारतीय रजिस्टर्ड डाक से भेजा जायेगा..
9. प्रोत्साहन राशि का भुगतान आपके प्रत्येक ग्रेड मे पदोन्नति होने पर दिया जायेगा.
10. किसी भी प्रकार की शंका निवारण के लिये हमें निःसंकोच लिखे, फोन करे या मिले .

यह कम्पनी का अनुभव है कि साधारण डिस्ट्रीब्यूटर के लिये लिये सिर्फ दो ही सिद्धान्त ऐसे है जिनका अगर वे पालन करे तो उनके डायमण्ड डिस्ट्रीब्यूटर बनने में कोई भी रुकावट नहीं आ सकती है.

सिद्धान्त नम्बर- 1 ऐसे व्यक्तियों को साधारण डिस्ट्रीब्यूटर नहीं बनाना है जो कि सिर्फ पैसा दे सकते हैं बल्कि ऐसे साधारण डिस्ट्रीब्यूटर का चुनाव करना है जो कि पैसे के साथ साथ आगे के पांच साधारण डिस्ट्रीब्यूटर का चुनाव करने में भी सक्षम हो जो कि आगे भी चुनाव कर सके.

सिद्धान्त नम्बर- 2 पहले सिद्धान्त को कभी भी भूलना नहीं है.

“जो व्यक्ति अपने सपनों को पूरा करने के लिये मंजिल को प्राप्त करना तो चाहता है, मगर रास्ते में आने वाली कठिनाईयों के बारे में सोच सोच कर ही हार मान लेता है, वह कभी मंजिल नहीं पाता. तथा जो उस पर निर्भय और निडर होकर समझदारी से कदम बढाता है, वह ही मंजिल पाता है.”.

	उठो, जागो और तब तक रुको नही जब तक मंजिल प्राप्त न हो जाये ।
	Arise, Awake and Stop not till the Goal is Reached.

————————————————————-
पैसे कैसे कमाये ?

Popularity: 16% [?]

N.C.Solanki

नौकरी के बाद के लिए करें इंतजाम, ताकि पैसा रहे आपके पास Read the rest of this entry »

Popularity: 4% [?]

N.C.Solanki

लंबे समय के निवेश की शुरुआत धीरे धीरे करे ।निवेश का स्तर निवेशक अपने जोखिम उठाने की क्षमता को देखते हुए कर सकता है।लेकिन शुरुआत करने के लिए कुल निवेश का 25 प्रतिशत पैसा सोने में लगाया जा सकता है। Read the rest of this entry »

Popularity: 2% [?]