Adv.Rajul Jain

05/12/2018

●Facing the problems in investment Strategy.
●Wanna to save tax with maximum Return under 80C/80D.
●Getting confuse how to use Current account money without any risk.
Stay Connected

13/07/2018

File your income tax return before 31 july 2018. After that you would levied the penalty of Rs 1000 .
We filed your income tax return and initiate your tax refund. Refunded amount would be reinvested in a different portfolio such as Mutual funds, LIC, Corporates Bonds. etc.
Regards
Adv Rajul Jain
Karkardooma Court
981806919
[email protected]

18/06/2018

Its right time to file your Incone tax Return and intiate your TDS. Refund amount is invested in a wealty Portfolio having compilation of SHARES , MUTUAL FUNDS , CORPORATE BONDS etc.

28/05/2018

Mutual Fund return of last 5 Years. Invest in Mutual fund and give fly to your Savings

07/03/2018

ELSS is the best way to get deduction under 80C and its right time to get invested in the market due to lower scale of Sensex.

26/02/2018

Mirae Short Term Plan. If you wanna to invest for the Short Span of time less than one year.

16/02/2018

Detailed analysis of PNB fraud case :

All you need to know about the Rs11,000cr scam

Punjab National Bank has detected a ~Rs11,000cr scam where billionaire jeweller Nirav Modi acquired fraudulent Letters of Undertaking (LoUs) following which PNB has suspended its ~10 employees in connection with the case. However, the bank did not specify the quatum of liabiltiy for the bank and if the alleged fraudulent LoUs were backed by cash margins.

What is a Letter of Undertaking?
A Letter of Undertaking (LoU) is an assurance given by one bank to another to meet a liability on behalf of a customer. LoUs are used in international banking transactions. An LoU is issued for overseas import remittances. This transaction involves four parties. (A local issuing bank, an overseas receiving bank, an importer and a beneficiary in overseas).

How it works?
Importer applies to local issuing bank, which then issues LoU in favour of overseas branches of Indian banks. Based on this, foreign branches issue buyer’s credit. Hence, in essence, LoU is a promise to pay. LoUs are communicated through a Society for Worldwide Interbank Financial Telecommunication (SWIFT) instruction. A SWIFT instruction represents a consent from bank, which passes from multiple layers of checks. LoU is commonly used in Jewellery and Gems businesses, which involves large number of international commercial transactions.

Allegations by PNB
PNB stated that its two employees issued buyers’ credit allegedly and communicated SWIFT instructions to the overseas branches of Indian banks, without making entries in the banking system. The instructions were to raise LoUs for Nirav Modi’s firms, Diamond R US, Solar Exports, and Stellar Diamonds.

Impact on PNB
According to the complaint, the LoUs were issued for the overseas branches of Allahabad Bank and Axis Bank, post which these banks have given money to the beneficiary entity on behalf of Modi’s firms. As a result, (as per Hong Kong Monetary Authority norms) PNB will have to settle the LoUs with these branches. This may result in higher provisioning for the next few quarters in PNB’s books if it is unable to recover the money.

05/02/2018

L&T MF Daily Byte: 05-02-18)

✓On a global basis, India’s valuation premium is the same 2005 and far below 2008 peak

✓An earnings yield to US treasury yield comparison shows that markets are not near euphoria zone

✓Small cap earnings recovery will be much stronger given high operating and financial leverage

*L&T Emerging Opportunities Fund – Series I*

A close- ended equity fund predominantly investing in Small Cap Stocks.

✓NFO Opens: Monday, January 29, 2018

✓NFO closes: Monday, February 12, 2018

✓Allotment date: Monday, February 19, 2018

✓Maturity date: Thursday, April 15, 2021

✓Tenure: 1151 days from the date of allotment

✓Benchmark: S&P BSE Small Cap Index.

✓Fund Manager: Mr. Vihang Naik

✓Minimum Investment: Rs. 5000 and in multiples of Re. 1 during the NFO period.

All Cheques Should be made in favour of : *“L&T Emerging Opportunities Fund – Series I”*

*Risk Factors* : Mutual Fund investments are subject to market risk, read all scheme related documents carefully.

01/02/2018

15/12/2017

Wanna to Invest In Mutual Fund

15/11/2017

Do not worry about Legal Services