Tax Free Bonds
Tax Free Bonds are debt instruments issued by Public Sector Undertakings (PSUs) in which the coupon payable is tax free in the hands of the investor. These bonds have a longer maturity (typically 10, 15 and 20 years) and are considered to have the highest safety regarding timely servicing of financial obligations.
Few Of the PSUs are National Highways Authority of India ( NHAI ) , The Indian Railway Finance Corporation ( IRFC ) , The Housing and Urban Development Corporation ( HUDCO ) ,NTPC , Rural Electrification Corporation ( REC) offer TAX FREE Bonds from time to time.
Benefits of Investing in TAX FREE Bonds
Who can Invest?
Capital Gain Bonds
Under Section 54 EC of Income Tax, 1961 an investor need not pay any tax on any long-term capital gains arising on sale of any asset, if the amounts of capital gains are invested in certain specified bonds. Rural Electrification Corporation Limited (REC) & National Highways Authority of India (NHAI) are permitted to issue capital gains bonds under Section 54 EC.
Current capital gain bonds where you can invest are: Rural Electrification Corp Bonds / National Highway Authority of India Bonds
Coupon: 6.00% ROI
Tax Benefit: Under Section 54 EC
Tenure: 3 yrs
Mode Of Interest: Annual
Demat/Equity/Commodity/Currency Trading Account
TRP offers Online Equity, Commodity and Derivatives and currency trading facilities to our customers for easy, user friendly and hassle free investment and trading in various markets. The online trading system provides you with all the trading information you would require at any point of time, enabling you to take informed investment decisions. You can trade offline where you can place your orders in equity, derivatives and commodities currency. Also Online Facility is available at a click of a button and get access to improved live market watch functionalities .
We provide this facility thru our Trading Partners : India Info Line Ltd and Tradeswift Broking Pvt Ltd. And help you trade seamlessly Offline and Online also with Mobile platform.
Foreign Currency & Travel card
The flight is booked, the capsule wardrobe packed and you have worked out the fastest way to the airport. There is just one more thing to sort out: your holiday cash/travel card. Getting the best deal can mean spending less on commission and charges and more on holiday treats. When buying currency, remember that commission-free does not necessarily equate to the best deal, as fees are likely to have been loaded into the rate. Also, be wary of flat fees and minimum charges: the latter make it more expensive to change small amounts of money, while the former can offer good value if you are changing larger sums of money so here we at TRP guide to get the best deal for arranging your foreign currency/travel card out of the local foreign money changers/banks.
Initial Public Offering (IPOs)
There are many benefits of investing in IPOs but the most significant advantages of IPOs are listed here. For every companies share there is a certain fair value or the right price at the time it is deciding to go public while issuing the shares to public, the company generally gives some discount on the fair value. So that is the first motivation for you as a retail client to apply for an IPO because you are going to get the product cheaper. The second point is that in India we have many growing sectors & existing businesses (FPOs, Bid Offers) and some are still at initial stage or still virgins,(MSME and SME ) so buying the shares of such companies thru IPOs gives an opportunity to an investor associate with a company from the beginning.
Our advisors bring you an in-depth research paper on IPO, rating on the IPO to help you pick the right one. We at TRP offers our clients the facility to subscribe to IPOs through our partners online/offline platforms. We also offer IPOs thru ASBA facility.
Corporate/Company Fixed Deposits
Fixed deposits are one of favorite investment options, as they give investors the assurance of fixed returns, When most people think about fixed deposits, the first thing that comes to the mind is approaching a bank to open a fixed deposit. However, that is not the only place where you can open fixed deposits. Many finance houses also offer investors the facility to open fixed deposits that offer interest rates that can be higher than what most banks offer.
Benefits of a company fixed deposit
At TRP, we offer corporate fixed deposits from leading corporate houses. FD offerings are verified by us before making it available for investment.
Public Provident Fund
PPF account refers to Public Provident Fund Its a Long Term Debt Scheme of the Govt. of India A regular interest is paid. Any individual in India (Whether Salaried or Self –Employed or any other Category) can invest in this scheme. He can earn a tax-free return on the PPF Investment.
Non Resident Indians (NRI”s) are not allowed to invest in PPF. However, if Someone Opens a PPF while he is a Resident of India but Subsequently becomes an NRI , he Shall be allowed to Continue investing in this account.
PPF Account can be Opened on behalf of a minor either by father or mother , but both cannot open this type of account on behalf of a minor . Grand Parents cannot open PPF account on behalf of a Minor .
Public Provident Fund Salient Features:
Investment Amount – The maximum amount an individual can invest in PPF is limited to Rs 150,000 per year.
Interest Rates – The interest rate on PPFs is fixed by the Government and only the government can change this rate. The current interest rate on PPFs stands at 8.7% per annum.
Tax Deduction – Individuals can claim a tax deduction under Section 80C of the Income Tax Act.
Maturity or Lock in Period –Public Provident Funds come with a maturity period of 15 years, an extremely long time period indeed.
Premature Withdrawals – Premature withdrawal facility is available in case of PPFs, but only after the 5th year and subject to a limited extent only.
Loans –Loans can be obtained against PPF from the third year onwards.
National Pension Scheme
Pension plans provide financial security and stability during old age when people do not have a regular source of income. Pension scheme gives an opportunity to invest and accumulate savings and get lump sum amount as regular income through annuity plan on retirement. To provide social security to more citizens the Government of India has started the National Pension System.
NPS offers following important features to help subscriber save for retirement:
The subscriber will be allotted a unique Permanent Retirement Account Number (PRAN). This unique account number will remain the same for the rest of subscribers life. This unique PRAN can be used from any location in India. This is a non-withdrawable account meant for savings for retirement. This is simply a voluntary savings facility. The subscriber is free to withdraw savings from this account whenever subscriber wishes.
Who can Join NPS: Central Government Employees, State Government Employees, Corporate, Individual.
Pension Fund Regulatory and Development Authority (PFRDA): It is an autonomous body set up by the Government of India to develop and regulate the pension market in India under which this Scheme is being run.
Do you feel sometimes that you have been misguided or mis-sold by the bank.
Are you facing problems in your day to day banking operations. If Yes,
Our team having a banking experience of more than 10 Years will help you guide and understand your problem, suggest options , guide to resolve the banking issue, and advise on the matter.
Just write to us, we will advise you with a proper resolution
Real Estate Consultancy and Advisory Services
Right Partners Buildcon Pvt Ltd.,is a constituent of the The Right Partners Group, We offer the complete range of services related to purchase/sale/leasing/Turnkey Project of residential and commercial properties in Jaipur. We provide an Honest, Ethical Courteous, Independent Unbiased Advice.
We work with you to identify exactly what your needs are and how these can successfully be delivered. We tailor our service to match your specific requirements and will present you with a project plan that will work best for you.
Our services include traditional brokerage and management functions. Also included in the list of services offered are some non-traditional services such as feasibility analysis, taxation and allied services, and general consulting.
We have the Team to work in sync with the other real estate intermediaries such as architects, structural engineers, contractors, lawyers, and planners who are experts in their field and help us to accomplish most real estate related tasks.