#MarutiSuzuki will be the one and only winner in Passenger Vehicle segment having more than 50% Market share. With Increase in Income need of Passengers Vehicle will Increase in India.
#AsianPaint is one and only Market Leader in Indian Market. Still 32% Market share are captured by Unorganised Players, there are lot of rooms to grow Paint Sector in India.
Stay Invested with Winners.
Stay Invested with Winners.
*BUDGET 2022 QUICK SUMMARY*
*DEFICIT/EXPENDITURE*
1. Proposes fiscal deficit of 4.5% of GDP by 2025/26
2. Projects fiscal deficit of 6.4% of GDP in 2022/23
3. Revised fiscal deficit for 2021/22 at 6.9% of GDP
4. Total expenditure in 2022/23 seen at 39.45 trillion rupees
5. States will be allowed 4% fiscal deficit to GDP in FY23
6. 50 year interest free loans over and above normal borrowing allocated to states
7. Scheme for financial assistance to states for capital investment outlay to be 1 trillion rupees in 2022/23
*TAXATION*
1. Import duty on certain chemicals are being reduced
2. Customs duty exemption on steel scrap to be extended for another year for small- and medium-sized businesses
3. Customs duty on stainless steel, flat products, high steel bars to be revoked
4. Unblended fuel to get additional duty of 2 rupees per litre from October 2022
*FINANCE*
1. Emergency credit line guarantee scheme for small and medium sized businesses to be extended to March 2023
2. Energy transition and climate action will be a major government priority
3. Public issue of Life Insurance Corporation expected shortly
4. Initiatives from last year's budget have been provided adequate allocations in this budget
5. Special Economic Zones Act to be replaced with new legislation
6. To amend bankruptcy code to speed up resolution process
7. Aims to lower winding up of companies to 6 months from 2 years currently8.
8. Long term capital gain surcharge to be capped at 15%
*DIGITAL CURRENCY*
1. To launch digital rupee using blockchain technology starting 2022/23
2. To launch scheme for taxation of virtual digital assets
3. Losses from sale of virtual digital assets cannot be offset against other income
4. Income from virtual digital assets to be taxed at 30%
*DEFENCE*
1. Govt committed to reducing defence imports
*INFRASTRUCTURE*
1. 5G spectrum auctions to be conducted in 2022
2. Scheme for design-led manufacturing for 5G will be part of production-linked scheme
3. To award contracts to lay optical fibre in rural areas, completion in 2025
4. 480 billion rupees set aside for affordable housing in 2022/23
5. To allocate additional 195 billion rupees for production-linked incentives towards solar equipment manufacturing
*AGRICULTURE*
1. Domestic scheme introduced to reduce dependence on oilseed imports
2. Fund with blended capital raised under co-investment model to finance agriculture startups
3. Railways to develop infrastructure for small farmers in 2022/23
*TRANSPORT*
1. 400 energy efficient trains to be manufactured over next three years
2. National highways network to be expanded by 25,000km in 2022/23
3. Highways expansion to cost 200 billion rupees in 2022/23
4. India to bring out battery swapping policy
*DEFICIT/EXPENDITURE*
1. Proposes fiscal deficit of 4.5% of GDP by 2025/26
2. Projects fiscal deficit of 6.4% of GDP in 2022/23
3. Revised fiscal deficit for 2021/22 at 6.9% of GDP
4. Total expenditure in 2022/23 seen at 39.45 trillion rupees
5. States will be allowed 4% fiscal deficit to GDP in FY23
6. 50 year interest free loans over and above normal borrowing allocated to states
7. Scheme for financial assistance to states for capital investment outlay to be 1 trillion rupees in 2022/23
*TAXATION*
1. Import duty on certain chemicals are being reduced
2. Customs duty exemption on steel scrap to be extended for another year for small- and medium-sized businesses
3. Customs duty on stainless steel, flat products, high steel bars to be revoked
4. Unblended fuel to get additional duty of 2 rupees per litre from October 2022
*FINANCE*
1. Emergency credit line guarantee scheme for small and medium sized businesses to be extended to March 2023
2. Energy transition and climate action will be a major government priority
3. Public issue of Life Insurance Corporation expected shortly
4. Initiatives from last year's budget have been provided adequate allocations in this budget
5. Special Economic Zones Act to be replaced with new legislation
6. To amend bankruptcy code to speed up resolution process
7. Aims to lower winding up of companies to 6 months from 2 years currently8.
8. Long term capital gain surcharge to be capped at 15%
*DIGITAL CURRENCY*
1. To launch digital rupee using blockchain technology starting 2022/23
2. To launch scheme for taxation of virtual digital assets
3. Losses from sale of virtual digital assets cannot be offset against other income
4. Income from virtual digital assets to be taxed at 30%
*DEFENCE*
1. Govt committed to reducing defence imports
*INFRASTRUCTURE*
1. 5G spectrum auctions to be conducted in 2022
2. Scheme for design-led manufacturing for 5G will be part of production-linked scheme
3. To award contracts to lay optical fibre in rural areas, completion in 2025
4. 480 billion rupees set aside for affordable housing in 2022/23
5. To allocate additional 195 billion rupees for production-linked incentives towards solar equipment manufacturing
*AGRICULTURE*
1. Domestic scheme introduced to reduce dependence on oilseed imports
2. Fund with blended capital raised under co-investment model to finance agriculture startups
3. Railways to develop infrastructure for small farmers in 2022/23
*TRANSPORT*
1. 400 energy efficient trains to be manufactured over next three years
2. National highways network to be expanded by 25,000km in 2022/23
3. Highways expansion to cost 200 billion rupees in 2022/23
4. India to bring out battery swapping policy
Strictly NO to #TTML, Let the News Float but don't intend try to buy these type of stocks.
The Financial Fund Thumb Rules
_THE 3% RENTAL YIELD RULE_
A property you own should generate an annual rental yield of at least three per cent of the property purchase cost. For example, if property costs Rs 50 lakh, your annual rent should be at least Rs 1.5 lakh. This is a loosely applied thumb rule, and the actual rental yields may vary wildly from one location to another. But a good point of reference nevertheless.
_THE 3X EMERGENCY FUND RULE_
You must always own an emergency fund that's at least three times your current monthly income. That's the bare minimum. You can go up to six months and keep building if you feel the need to do so. This is up to you. This fund will keep you financially stable in emergencies such as loss of employment, urgent travel, repairs, etc.
_THE 8% RULE_
Before you make any long-term investment, ask yourself: will it pay you at least 8% returns per annum after taxes? If not, reconsider your decision to invest. The benchmark refers to returns from small savings schemes such as the Public Provident Fund, which currently provides tax-free returns of 7.9 per cent per annum on investments up to Rs 1.5 lakh per year. If your investment can't beat PPF, then it may not be worth your while.
_PAY YOURSELF 10% RULE_
You are in debt to your future self. So make sure you clear this debt on priority each month without fail. Your 60-year-old self depends on you for his income. You should invest at least 10 per cent of your monthly income in long-term investments such as equity mutual fund SIPs and PPF in order to secure your retirement. Want to retire early? Invest more than 10 per cent.
_THE 20X LIFE COVER RULE_
If you are buying life insurance, make sure that your sum assured can take care of your family's income needs for the long term. If you are in your 30s, the sum assured should be at least 20x your current annual income, or more if you can afford it.
_THE 30% CREDIT LIMIT RULE_
Try to keep your credit utilisation ratio (the percentage of your credit limit you are using) to 30 per cent for any month. For example, if your credit card limit is Rs 1 lakh, and if you spend Rs 30,000, your CUR is 30 per cent. Try and stay within this limit, because it will help improve your credit score.
_THE 30% HOME BUYING RULE_
Any time you buy property, you are going to pay at least 30 per cent (and normally around 40 per cent) of the property cost from your own pocket. Banks will typically finance up to 80 per cent, while you may need to fork out 30-40 per cent more for the down payment, costs of stamp duty and registration, furnishing, etc.
_THE 40% EMI RULE_
All your EMIs combined should ideally be no more than 40 per cent of your take-home income. For example, if your take-home pay is Rs 50,000, your combined EMIs should ideally be Rs 20,000. While few would stop you from going over this limit, you will strain your finances, lower your savings, and run the risk of defaulting on your EMIs.
_THE 50-30-20 RULE_
This is a ratio which says how much you should spend from your monthly income on fixed expenses such as rent (50 per cent), discretionary expenses such as eating out (30 per cent), and minimum savings and investments (20 per cent).
This ratio is ideal at the start of your working life. As your income grows, gradually flip your savings from 20 per cent to 30 per cent. As you age and your fixed expenses fall, your savings ratio should move from 30 per cent to 50 per cent, helping you secure your retirement.
These are rules of thumb :the most basic guidelines to better manage your money._* Depending on your life stage, income, and life priorities, you may fine-tune these rules to achieve the best results.
_THE 3% RENTAL YIELD RULE_
A property you own should generate an annual rental yield of at least three per cent of the property purchase cost. For example, if property costs Rs 50 lakh, your annual rent should be at least Rs 1.5 lakh. This is a loosely applied thumb rule, and the actual rental yields may vary wildly from one location to another. But a good point of reference nevertheless.
_THE 3X EMERGENCY FUND RULE_
You must always own an emergency fund that's at least three times your current monthly income. That's the bare minimum. You can go up to six months and keep building if you feel the need to do so. This is up to you. This fund will keep you financially stable in emergencies such as loss of employment, urgent travel, repairs, etc.
_THE 8% RULE_
Before you make any long-term investment, ask yourself: will it pay you at least 8% returns per annum after taxes? If not, reconsider your decision to invest. The benchmark refers to returns from small savings schemes such as the Public Provident Fund, which currently provides tax-free returns of 7.9 per cent per annum on investments up to Rs 1.5 lakh per year. If your investment can't beat PPF, then it may not be worth your while.
_PAY YOURSELF 10% RULE_
You are in debt to your future self. So make sure you clear this debt on priority each month without fail. Your 60-year-old self depends on you for his income. You should invest at least 10 per cent of your monthly income in long-term investments such as equity mutual fund SIPs and PPF in order to secure your retirement. Want to retire early? Invest more than 10 per cent.
_THE 20X LIFE COVER RULE_
If you are buying life insurance, make sure that your sum assured can take care of your family's income needs for the long term. If you are in your 30s, the sum assured should be at least 20x your current annual income, or more if you can afford it.
_THE 30% CREDIT LIMIT RULE_
Try to keep your credit utilisation ratio (the percentage of your credit limit you are using) to 30 per cent for any month. For example, if your credit card limit is Rs 1 lakh, and if you spend Rs 30,000, your CUR is 30 per cent. Try and stay within this limit, because it will help improve your credit score.
_THE 30% HOME BUYING RULE_
Any time you buy property, you are going to pay at least 30 per cent (and normally around 40 per cent) of the property cost from your own pocket. Banks will typically finance up to 80 per cent, while you may need to fork out 30-40 per cent more for the down payment, costs of stamp duty and registration, furnishing, etc.
_THE 40% EMI RULE_
All your EMIs combined should ideally be no more than 40 per cent of your take-home income. For example, if your take-home pay is Rs 50,000, your combined EMIs should ideally be Rs 20,000. While few would stop you from going over this limit, you will strain your finances, lower your savings, and run the risk of defaulting on your EMIs.
_THE 50-30-20 RULE_
This is a ratio which says how much you should spend from your monthly income on fixed expenses such as rent (50 per cent), discretionary expenses such as eating out (30 per cent), and minimum savings and investments (20 per cent).
This ratio is ideal at the start of your working life. As your income grows, gradually flip your savings from 20 per cent to 30 per cent. As you age and your fixed expenses fall, your savings ratio should move from 30 per cent to 50 per cent, helping you secure your retirement.
These are rules of thumb :the most basic guidelines to better manage your money._* Depending on your life stage, income, and life priorities, you may fine-tune these rules to achieve the best results.
#HDFCLife have Potential to Become India's Leading Insurance Provider in Coming Years.
#15YearBet for Multibagger Return.
#Choose #Track #CreateWealth
#15YearBet for Multibagger Return.
#Choose #Track #CreateWealth
#Facebook #Meta Be cautious on IT Sector, all major Technology companies start showing down trend.
If You are a First Time Investors better bet on ETF or Mutual Funds of IT Sector.
Right Now there is NO concern on Revenue growth of Indian IT Companies but if single quarter or thereafter Revenue and Earning growth of Indian IT Companies start showing downward trend then same downfall you have to face in Indian IT sector Also.
Already IT companies are trading at premium any worst quarter will leads small and Mid cap IT Companies in Blood Path.
So, Don't try to Earn Blindly without Knowing the Risk.
ETFs and Mutual Funds are the Best bet as of Now for IT Sector if you are especially first time Investors or Never seen Sectoral shift.
If You are a First Time Investors better bet on ETF or Mutual Funds of IT Sector.
Right Now there is NO concern on Revenue growth of Indian IT Companies but if single quarter or thereafter Revenue and Earning growth of Indian IT Companies start showing downward trend then same downfall you have to face in Indian IT sector Also.
Already IT companies are trading at premium any worst quarter will leads small and Mid cap IT Companies in Blood Path.
So, Don't try to Earn Blindly without Knowing the Risk.
ETFs and Mutual Funds are the Best bet as of Now for IT Sector if you are especially first time Investors or Never seen Sectoral shift.
#VeenaDhaarni Give Light, Blessings and Knowledge to All #HappySaraswatiPuja