General Trading Chat

[timepass]

@Smart_trade , we know that you don't think much of the ULIPs, but does this budget make it more attractive ?

Tax benefits in ULIP are now at par with equity investments
https://www.timesnownews.com/busine...are-now-at-par-with-equity-investments/714787

 

[Smart_trade]

No clarity yet whether Rs 2.5 L is the aggregate amount of premium paid on all the ULIPS in a financial year....or it is on per policy basis..

 

[timepass]

No clarity yet whether Rs 2.5 L is the aggregate amount of premium paid on all the ULIPS in a financial year....or it is on per policy basis..

Let's assume that it it the aggregate amount.

 

[timepass]

Is this a good news for the small guys ?

SC orders Franklin Templeton to pay Rs 9,122 crore to unit holders

https://timesofindia.indiatimes.com...rore-to-unit-holders/articleshow/80652767.cms

 

[timepass]

How come gold prices seem much lower in some South Indian cities ?

https://www.goodreturns.in/gold-rates/#Indian+Major+Cities+Gold+Rates+Today

 

[iwillwin]

How come gold prices seem much lower in some South Indian cities ?

View attachment 45443

https://www.goodreturns.in/gold-rates/#Indian+Major+Cities+Gold+Rates+Today

import duty reduced and agri cess added...net net some 2000 rs reduction for 10g I read somewhere

 

[Smart_trade]

Let's assume that it it the aggregate amount.

If we assume that it is an aggregate amount, then ELSS fund will still be attractive over ULIP.

 

[Smart_trade]

Is this a good news for the small guys ?

SC orders Franklin Templeton to pay Rs 9,122 crore to unit holders

https://timesofindia.indiatimes.com...rore-to-unit-holders/articleshow/80652767.cms

These were top yeilding debt mutual funds.Investors money is held up for last 7-8 months though the funds have become cash surplus .This is because of litigation. Now with Supreme Court order, 50-55 % will be released immediately...and balance as and when the underlying securities mature...definately a welcome decision...

 

[timepass]

import duty reduced and agri cess added...net net some 2000 rs reduction for 10g I read somewhere

But that should apply nationally, why the prices lower in Chennai and highest in Surat ?

 

[brokenbull]

But that should apply nationally, why the prices lower in Chennai and highest in Surat ?

Chennai is the smuggling capital & also wholesales gold smuggled in to kerala.
Maximum demand for bars/jewellery is always in Mumbai/surat/delhi where the price is always higher than chennai. tamilnadu population does not have the money to buy & hoard. so chennai always at discount to the screen price (mostly lowest in india) .
"People" do carry with "high risk" & sell at higher price in kokata/delhi /surat by train.