Blue Chip Stock

All of us must have heard the name Blue Chip Stock but very few of us know what actually is Blue Chip Stock. In this post I am trying to discuss about it.

Blue chip stock are of companies which are national, well known and highly esteemed publicly traded companies. They generally gives constant earnings as compared to other companies as they are financially sound companies. Blue chip stocks are expected to give generous return to its investors despite of ups and downs in the market. These are usually safe investments as they have low risk.

Few Blue Chip Companies in India […] Read more

RETROSPECTIVE TAXATION

International trader groups representing more than 2500000 companies have told our Prime Minister Manmohan Singh that his government’s new retrospective tax proposal have led foreign businesses to reassess investment in the country.

I want to discuss the retrospective tax proposal of the government here. What is given in it?

Finance minister said that cross border merger and acquisition would be retrospectively taxed which will affect deals like VODAFONE- HUTCHINSON transaction.

It means any asset registered or incorporated outside India shall be deemed to be situated in India if the share or interest derives its value from assets allocated in India. This amendment would […] Read more

Participatory Notes

Today our Finance Minister said that participatory notes holders will not be liable to pay tax. This has helped alleviate a sense of nervousness triumphing among Foreign Institutional Investors (FII ). But many of us don’t even know what do we mean by participatory notes (P-Note). Participatory note is a tool used by foreign institutional investors to invest in Indian securities. These are used by those investors who are not registered under SEBI (Securities Exchange Board of India) to invest in India. These are like unauthorized ADRs. Indians don’t like Participatory Notes as they can’t figure out who is holding […] Read more

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