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Saturday, January 7, 2012

Bigg Boss 5 Result, Winner, Juhi Parmar Won Big Boss 5, Bigg Boss Grand Finale, Bigg Boss won by Juhi Parmar, Runner Up's, Juhi Parmar's Profile


Bigg Boss 5 Result, Winner, Juhi Parmar Won Big Boss 5, Bigg Boss Grand Finale, Bigg Boss won by Juhi Parmar, Runner Up's,  Juhi Parmar's Profile

 

Out of the Five Contestants Juhi Parmar, Mahek Chahal, Sidharth Bhardwaj, Amar Upadhyay or Akashdeep Saigal Aka Sky. Juhi permar won after spending 98 days in Bigg Boss house.


First Runner Up:- Mahek Chahel
Second Runner Up: Juhi Parmar
Third Runner Up: Siddharth Bharadwaj

Various Performances in Grand Finale given by Salman Khan, Malaika Arora Khan, Sunny Leone, Rakhi Sawant, Pooja Mishra and many more.

Juhi Parmar Profile:
Age: 31
Star Sign: Sagittarius
Nationality: Indian
Occupation: TV Actress
Juhi Parmar was born on 14th December 1980 in Ujjain to Devendra and Hemlata Parmar. She grew up in Jaipur, Rajasthan where she won the Miss Rajasthan title in 1999 and has been a TV personality, anchor, actress, Television Presenter, singer and dancer. She is married to television personality and businessman Sachin Shroff.

Tuesday, January 3, 2012

SREI Infra's Rs 300 Crore Infra Bond : Issue Size, Details, Tax Exemption, Rating by CARE, Returns

SREI Infra's Rs 300 Crore Infra Bond : Issue Size, Details, Tax Exemption, Rating by CARE, Returns 




The issue size for the SREI infra bonds is Rs. 300 Crores, although the company was eligible for 500 crores of fund raising.
The bonds are being offered in 4 different options with 2 different maturity periods - 10 year and 15 years:
Series 1 & 2 - is for 10 year long bonds paying an interest rate of 8.90% per annum - coupon rate is higher than that offered by earlier issues of PFC issue but similar or lower to IFCI issue (see details below)

Series 3 & $ - is for 15 year long bonds paying an interest rate of 9.15% per annum - again, - coupon rate is higher than that offered by earlier issues of PFC issue but similar or lower to IFCI issue (see details below)
Exit option available after 5 years and 10 years period. Lock in period is 5 years.
The bonds will be listed on BSE or the Bombay Stock Exchange. Each bond will have a face value of Rs. 1000.

Issue Details

  • Investment upto Rs 20,000 in SIFL Infrastructure Bonds – Tranche 1 will be eligible for exemption under Section 80CCF of the Income Tax Act, 1961
  • Interest rate is 8.90% p.a. for Series 1 and 2 and 9.15% p.a. for Series 3 and 4. Interest under series 1 and series 3 will be payable annually and interest under series 2 and series 4 will be payable cumulatively (compounded annually)
  • Buyback facility is offered under all the series at the end of 5 years and one day from the Deemed Date of Allotment
  • Maturity will be at the end of 10 years from the Deemed Date of Allotment for Series 1 and 2 and will be at the end of 15 years from the Deemed Date of Allotment for Series 3 and 4
  • Minimum Investment required in SIFL Tranche 1 Issue is Rs 1,000 and in multiples of Rs 1,000 thereafter
  • Investors will be having an option to hold the Bonds in physical form or demat form.
  • An applicant is allowed to do multiple applications in SIFL Tranche 1, however tax benefit under Section 80CCF of the Income Tax Act, 1961 would be applicable to ` 20,000 only.
  • CARE has assigned CAREAA rating to the bonds proposed to be issued. The instruments with a rating of ‘CARE AA’ by CARE are considered to offer high degree of safety regarding timely servicing of financial obligations.
  • Issue Opens On: December 31, 2011
  • Issue Closes On: January 31, 2012

Power Finance Corporation (PFC) Tax-Free Bonds : Important Features, Issue Size, Return, Tax Exemption


Power Finance Corporation (PFC) Tax-Free Bonds : Important Features, Issue Size, Return, Tax Exemption 



Power Finance Corporation (PFC) has come out with a Rs 5,000-crore tax-free bond issue. PFC is a Navratna Government of India undertaking with the government holding 73.72% stake in it. Allotment will be made on a first-come-first-serve basis and the issue closes on January 16.

Tax Free Bonds of Face Value of Rs.1,000 Each, In The Nature Of Secured, Redeemable, Non-Convertible Debentures, Having Benefits Under Section 10(15)(Iv)(h) of The Income Tax Act, 1961

PFC bonds score well for those in the highest tax bracket. So if you invest 1 lakh in PFC bonds, and you are in the highest tax bracket, you will get an interest income of Rs 8,300 per annum for 15 years which is tax free. As against this, even if you earn a 9% interest in bank fixed deposit and you are in the highest tax bracket (30.9%) you will earn an interest of Rs 9,000 per annum but will pay a tax of Rs 2,781, so the net interest you earn is only Rs 6,219, or yield of 6.22%.

Why To Apply ? 

Tax-free interest of 8.3% is the highest available after PPF, and there is no upper ceiling on investment. Though PPF offers you an interest of 8.6%, it is subject to revision and the maximum amount you can invest is only Rs 1 lakh per annum.

CLICK HERE TO CHECK MORE DETAILS FROM THE OFFICIAL WEBSITE OF PFC
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