Stocks to buy in Feb/March 2011

1. Fortis Healthcare , Cairn India ( one of the highest expected revenue growth %)
2. Prakash Industries, Patel Engineering ( Least expensive stocs)
3. Shipping Corp of India, Gateway Distriparks,ONGC,Great Eastern Shipping Company,NIIT Tech ( Highest Divident)

Saving number rules

1. Rule of 72
    Number of years takes to double the money = 72/Interest
    Eg. 72/8= 9 years ( So in 9 years with 8% interest rate your money might double)
2. Rule of 114
    Number of years takes to triple the money = 72/Interest
    Eg. 114/8= 14.25 years ( So in 14.25 years with 8% interest rate your money might triple)
3. How much net worth you should have
    Age * Pre-tax income
   ------------------------ = Net worth
                10

Using Inflation to bring down capital gains tax

You could save tax on your long term gains if you opt for cost inflation indexation.

Example-
Property bought in 2001 for Rs 1Lakh.
Sold in 2011 for Rs 10 Lakh.

Without using cost inflation-
Gain = 10Lakh-1Lakh=9Lakh.
Tax = 10% of gain



With using Cost Inflation-
Gain= 10 Lakh - (1Lakh*Cost Inflation for year 2011)/Cost Inflation for year 2001
         which comes out to be less than 9 Lakh.
Tax= 20% of gain

So, overall gain is much less and you have to pay less tax ( varies from case to case)

Are you a Consultant?

Check out following to examine merits and demerits of being working as Consultant in India-

Benefits-

1. Better Compensation.
2. Better take home salary.
3. Depreciation on assets-
1. Vehicle
2. Furniture
3. Office Furniture etc

Following expenses can be deducted from Salary-

1. Rent
2. Fuel
3. Commuting
4. Equipment maintenance
5. Telephone/Internet bills
6. Interest on vehicle loan
7. Vehicle Insurance
8. Courier Expenses
9. New papers, books etc
10. Salary to driver etc.

Fake email from sat5@st-andrews.ac.uk .

Today I received a surprising email from
From: MARUTI SUZUKI INDIA LTD (MSIL) (sat5@st-andrews.ac.uk)
Sent: 30 January 2011 03:03AM

MARUTI SUZUKI INDIA LTD (MSIL)Head Office Maruti Suzuki,India Limited Nelson Mandela Road,Vasant Kunj, New Delhi-110070.Board No.46781000. Fax: 46150275, 46150276Tel: +91-8007594072E-mail: msuzuki@gmx.com REF: "MARUTI SUZUKI" DIRECT RECRUITMENTS OFFER. Your Resume has been selected from MONSTER.COM SHINE.COM.CLICK JOB.COM.for ournew plant.The Company selected 62 candidates list for Senior Engineer, IT,Administration, Production, marketing and general service Departments,It is our pleasure to inform you that your Resume was selected as one ofthe 62 candidates shortlisted for the interview.The Company SUZUKI is thebest Manufacturing Car Company in India, The Company is recruiting thecandidatesfor our new Plants in Delhi, Bangalore, and Pune and mumbai,your interview will be held at The Company Corporate office in New Delhion 6th Of febrary at 11.30 AM, You will be pleased to know That The 62candidates selected 55 candidates will be giving appointment,Meaning that your Application can progress to final stage. You will have tocome to the Company corporate office in New Delhi. Your offer letter with Air Ticket will be sent to you by courier beforedate of interview. The Company can offer you a salary with benefits for thispost 62, 000/- to 200, 000/- P.M. + (HRA + D.A + Conveyance and other Companybenefits. The designation and Job Location will be fixing by Company HRD.At time of final process. You have to come with photo-copies of all requireddocuments. REQUIRED DOCUMENTS BY THE COMPANY HRD.======================================1) Photo-copies of Qualification Documents.2) Photo-copies of Experience Certificates (If any)3) Photo-copies of Address Proof4) Two Passport Size Photograph. You have to deposit the (Cash) as an initial amount in favor of our companyaccountant name in charges to collect your payment of Rs.8,200/- (Eight ThousandTwo Hundred India Rupees only) through any branch of [AXIS BANK OR STATE BANKOF INDIA ]account details will be sent to you upon your response.This is a refundable interview security fee. Your offer letter with Air ticketswill be sent to your Home Address by courier after receiving the confirmationof interview security deposited in any of the ICICI Bank Branch closerto you. This Company will pay all the expenditure to you at the time offace-to-facemeeting with you in Company. The Job profile, salary offer, and date -time ofinterview will be mention in your offer letter. Your offer letter will dispatchvery shortly after receiving your confirmation of cash deposited in I.C.I.C.IBank We wish you the best of luck for the subsequent and remaining stage.The last date of security deposited in bank is 28th Of january 2011 you haveto give the information after deposited the security amount in the bank to theCompany HRD -direct recruitment via email. Your Letter with supporting document will be dispatch same time by courier toyour postal address after receipt of your security deposited confirmation inbank.The interview process and arrangement expenditure will be paid by SUZUKICOMPANY.Lodging, traveling and local conveyance actual will be paid by SUZUKI COMPANYas per bills. The candidate has to deposit the initial refundable security asmentioned by HRD.NB: You are advice to reconfirm your mailing address and phonenumber in your reply and Rs.8,200/- (Eight Thousand Two Hundred India Rupeesonly) will be the refundable amount, as 200 rupees will be deducted as bankcharges for funds deposit and if you are selected or not,still the amount will be refunded to you, as the amount is just to prove thatyou will be coming for the interview in order for us not to run at lost aftersending you the air ticket and you don't show up on the day of interview.Wishing you the best of lucks Regards,Shinzo NakanishiChief Executive Officer,Managing Director,MARUTI SUZUKI INDIA LTD (MSIL)

This is completely fake and will not give you any job.
Ignore this completely.