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Affordable housing Tag

Equity Investments, IPO & NFO

India Shelter Finance Corporation Ltd. (Avoid)

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byfintooDecember 12, 2023

Highlights Issue Size –: 24,340,771sharesIssue Open/Close – 13 Dec / 15 Dec, 2023Price Band (Rs.) 469 – 493Issue Size (Rs.) – 12,000 mnFace Value (Rs) 5Lot Size (shares) 30 India Shelter Finance Corporation Limited (ISFCL) incorporated in 1988 under name of Satyaprakash Housing Finance Limited and later in 2010 company got fresh certification of incorporation. The Company is non-deposit...

Decoding Budget 2021

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byfintooFebruary 23, 2021

The most feared and most awaited event of the year; The Budget. Every person, every industry waited patiently for the announcement from our respected Finance Minister Nirmala Sitharaman. With COVID-19 pandemic on the backdrop, India was waiting for a “get well soon”. Let’s see what the Budget 2021 brought forward for us – Decoding Budget 2021: 1. No changes in personal...

Daily Market Analysis

Daily Market Analysis – 2nd Feb 2021

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byfintooFebruary 2, 2021

Budget 2021 May Dent Retirement Savings as PF Interest Above a Certain Limit to Get Taxable The budget has plugged a major tax leak by placing a cap on the Provident Fund contribution that will earn tax-free income. A lot of people contribute huge sums to the Provident Fund every month to gain tax-free interest. Now that has been capped at Rs 2.5 lakh a year. Interest earned on Provident...